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170 Armada Loop

Payne Springs, TX 75156
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Just listedJust listed
3 Bedroom(s)
2 Full Bath(s)
1,250 Sqft
0.45 Lot Acres
Residential - Single Family

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Description

TURN-KEY CEDAR CREEK LAKE INVESTMENT Rare opportunity to own a fully operational, income-producing waterfront retreat just one hour southeast of Dallas. This established Airbnb has three years of rental history, a 4.74-star guest rating, and Superhost status that transfers to the new owner. Step in and start earning from day one. Set on a huge, flat double lot in the desirable Del Mar subdivision, the property offers two separate dwellings: a 2-bedroom, 1-bath main home with fully equipped kitchen and cozy lake-view living area, plus a detached guest house studio with full bath and kitchenette, perfect for hosting extended family, accommodating larger guest groups, or capturing premium rental rates with private accommodations for up to 12. WATERFRONT FEATURES that set this property apart: private boat dock with lift for effortless launching, a community boat ramp located right next door for unmatched water access, expansive deck with stunning Cedar Creek Lake views, and a tucked-away cove location that delivers the peace and tranquility today's lake buyers are searching for. The double lot provides rare flexibility with room for outdoor entertaining, future expansion, RV or boat storage, or simply unobstructed space to enjoy lake living. Del Mar residents enjoy POA access to a community park, pavilion, and private boat ramp with fishing pier. FURNISHINGS AND BOAT WITH TRAILER NEGOTIABLE! The seller is open to packaging the home as a true lake life turnkey opportunity, including high-end touches already in place (Moccamaster coffee maker, 600 thread count linens, feather duvets, record player, Bluetooth speakers, fully stocked kitchens, family-friendly amenities). Bring your suitcase, take over the booking calendar, and start enjoying immediate cash flow. Cedar Creek is Texas's fourth-largest lake with 320 miles of shoreline, world-class bass and catfish fishing, and easy access via US-175. Showings require advance notice to work around active bookings.

MLS#
NTREIS-21278477
List Price
$749,950 ($600/Sqft.)
Listing Status
For Sale
Address
170 Armada Loop
City
Payne Springs
State
TX
Zip Code
75156
County
Henderson County
Subdivision
Del Mar Sub
Legal Description
LTS 362 & 363 AB 1060 M E RICHARDSON SUR, DEL
Property Type
Residential - Single Family
Bedroom
3 Bedroom(s)
Bath
2 Full Bath(s)
Garages
2 / Attached
Stories
1
Building Size
1,250 Sqft/Appraisal District
Year Built
1988 /Appraisal District
Lot Size
0.45 Lot Acres/Appraisal District
LP / Acre
$1,681,502 / Acre
Maintenance Fee
$250 / Annually

Rooms

Living
20 x 20, 1st
Primary Bedroom
12 x 13, 1st

Interior

Number Of Living Area
1
Fireplace
1/Living Room,Wood Burning Stove
Floors
Tile
Cooling
Central Air
Heating
Central
Window
Window Coverings
Appliances
Dishwasher, Disposal, Electric Range, Electric Water Heater
Security System
Smoke Detector(s)
Interior
Decorative Lighting, Double Vanity, High Speed Internet Available, Kitchen Island, Natural Woodwork, Open Floorplan, Vaulted Ceiling(s)

Exterior

Roof
Shingle
Private Pool
No
Lot Description
Landscaped, Lrg. Backyard Grass, Water/Lake View, Waterfront
Water Amenity
Dock
Parking
Additional Parking, Boat, Concrete, Garage, Gravel
Parking Space
Garage 2 / Carport 0 / Total Covered 2
Fencing
Back Yard
Porch
Deck
Utility
City Water,Electricity Connected,Septic,Underground Utilities
Exterior
Boat Slip, Dock, Rain Gutters

Extra details you may need to know

Dwelling Type
Lake House,Single Detached
Community Features
Fishing,Lake,Park,Pickle Ball Court,Playground

Financial information

Maintenance Fee
$250/Annually
Maint Fee Includes
Maintenance Grounds

Lot Information

Lot Size
0.45 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

North Texas Real Estate Information Systems, Inc.
Source last updated May 23, 2026 at 11:57 AM
Listing last updated May 22, 2026 at 01:30 AM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

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Loan Term
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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