1505 Kanakoa * Drive S, Tool

$729,000

0 Beds
0 Baths
0 Sqft
.33 Acres
0 Garages

GREAT CAP RATE Pro Forma! VRBO Rental Opportunity! This Spacious lake retreat situated on large tree shaded lot with wonderful lake views on the water will attract the best of the best Vacation, Rental, Hospitality. This is turnkey project. All furnishings, dishes, appliances, fishing equipment, even a large Bay liner Ski or Fishing boat comes with the property. EVERYTHING is there for an investor to immediately start booking rooms. This well maintained 3 bedroom 3 bath home is the perfect getaway and will sleep up to 15 comfortably. The home features 2 living areas and 2 master bedrooms. Rustic finish out with wood floors, exposed beams, and roughed cedar ceiling. Open concept with lots of windows on the lake side. Kitchen offers solid surface counter tops, tile back splash, double ovens and breakfast bar. The upstairs master bedroom offers a separate room currently being used as bunk room or fourth bedroom. Great outdoor entertaining area with wrap around porch plus outdoor dining area and built in grilling area! Great boathouse with power lift for a boat and jet ski with remote operation. All covered along with lake pump and sprinkler system for the entire yard. Lots of space to park on the large concrete drive. This lake house comes furnished plus a great boat to enjoy the lake life!

Essential Information
MLS® #20916321
Price$729,000
Bathrooms0.00
Acres0.33
Year Built1980
TypeCommercial Sale
Sub-TypeBusiness
StatusActive
Community Information
Address1505 Kanakoa * Drive S
SubdivisionParadise Bay
CityTool
CountyHenderson
StateTX
Zip Code75143-1303
Amenities
UtilitiesCity Water
Is WaterfrontYes
Garages

Concrete, Driveway, On Site, Oversized, Outside

Waterfront

Dock – Covered, Lake Front, Personal Watercraft Lift, Retaining Wall – Other

Interior
HeatingCentral, Electric, Heat Pump
# of Stories2
Stories2
Exterior
RoofComposition
ConstructionVinyl Siding
FoundationPillar/Post/Pier
Lot Description

Few Trees, Interior Lot, Subdivision, Water/Lake View

Additional Information
ZoningLake Property
Listing Details
AgentPaul Ruth
OfficeRE/MAX Dallas Suburbs

Get directions to this property:

Properties for Sale Similar to 1505 Kanakoa * Drive S, Tool, TX

9820 E Highway 175 E, Kemp

$750,000

MLS® # 20700226

Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

Listing information last updated on May 17th, 2025 at 8:46am CDT.

Sign up for email updates