Under contract

Active Under Contract

1216 Shahan Prairie Road

Little Elm TX, 75068

$3,295,000


$568.10 per sqft

Under contract

Active Under Contract

3 Beds

2 Baths

5,800 sqft

Residential

Built in 1992

Offering 4.5 ACRES of GORGEOUS LAKEFRONT Property complete w Main House, Guest house & 3 Unit Apartment building which currently nets over $75K per year! Currently installing 3 New Roofs & Siding due to recent storm. HVAC in Main House replaced Dec 23. Nestled in the Cove at Oak Point,on Lake Lewisville, in Little Elm at the Peninsula. No HOA or Deed Restrictions is a bonus and you have more space to play and build on. The Property boasts a 3 Bed 2 Bath Main House with over 2,000 sq ft. Enjoy great views of the Lake from every angle. Separate Guest Hse with 2 Apartments & 4 car Garage, plus a 3 Apartment Unit built in 2022. 1 Bd 1 Bth w Kitchen & Living Room* 700 sq ft complete. Building has 5 Bay Garage *10ft High Doors* partially climate controlled w Storage Closet for Each Unit & a shared Laundry. 2 Slip Boathouse w Active Permit. This is what you have been looking for! Enjoy Beautiful Sunrise & Sunsets along with Fishing, Swimming & a relaxed Lake lifestyle year round,

20332404

MLS ID

February 25, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

3


Total Bathrooms

2


Full Bathrooms

2


Interior Features

Other


Appliances

Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Microwave


Laundry Description

Common Area, Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room, Other


Floor Description

Carpet, Ceramic Tile, Luxury Vinyl, Luxury Vinyl Plank, Tile


Fireplace

Yes


Fireplace Description

Circulating, Decorative, Electric, Living Room


Cooling

Yes


Cooling Description

Central Air, Ceiling Fan(s), Electric


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

4.47 Acres


Exterior Features

Balcony, Boat Slip, Dock, Dog Run, Lighting, Other, Playground, Private Yard, Storage


Lot Features

Acreage, Irregular Lot, Landscaped, Many Trees, Sprinkler System, Waterfront


Architectural Style

Traditional, Detached


Roof

Composition


Sewer

Aerobic Septic, Private Sewer, Septic Tank


Patio And Porch

Front Porch, Patio, Rooftop, See Remarks, Balcony


Window

Window Coverings

School Information

School District

Little Elm ISD


High School

Little Elm


Elementary School

Oak Point

Other Property Details

Taxes

$12,721


Tax Frequency

Annually


Days on Market

623


Garage

Yes


Garage Spaces

9


Parking

Additional Parking, Boat, Circular Driveway, Common, Concrete, Door-Multi, Driveway, Garage Faces Front, Garage, Golf Cart Garage, Garage Door Opener, Gravel, Heated Garage, Inside Entrance, Lighted, Other, Oversized, Paved, Deck, Parking Pad


View

Yes


View Description

Water


County

Denton


Water Source

Private, Well, Water Tap Paid


Pool Features

None


Waterfront

Yes


Waterfront Features

Lake Front, Waterfront


Utilities

Sewer Available, Septic Available, Water Available

Listing History

Date

Event

Price

2/6/2025

Under contract

11/12/2024

Pending

10/24/2024

Under contract

4/22/2024

Price change

$3,295,000

-3%

Listed by Kristen Trest with Ebby Halliday Realtors
Listing Contact: 972-608-0300 

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 2/25/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 2/25/2025 at 7:59 PM UTC

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