170 Armada Loop, Payne Springs, TX 75156
170 Armada Loop, Payne Springs, TX 75156
170 Armada Loop, Payne Springs, TX 75156
170 Armada Loop, Payne Springs, TX 75156
170 Armada Loop, Payne Springs, TX 75156
170 Armada Loop, Payne Springs, TX 75156
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Dave Budny

Dave Budny

+1(214) 755-7045
$ 749,950
Est. payment | /mo

3 Beds

2 Baths

1,250 SqFt

Save Virtual Tour
$ 749,950
Est. payment | /mo
Save Virtual Tour

3 Beds

2 Baths

1,250 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,250 sqft

Subdivision Del Mar Sub

MLS Listing ID 21278477

Bedrooms 3

Full Baths 2

HOA Fees $250/ann

HOA Y/N Voluntary

Year Built 1988

Annual Tax Amount $7,553

Lot Size 0.446 Acres

Acres 0.446

Property Sub-Type Single Family Residence

Property 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.

Location

State TX

County Henderson

Community Fishing, Lake, Park, Pickle Ball Court, Playground

Direction From Hwy 198 South, turn right onto Leisure Land Rd. Continue approximately 1 mile to Del Mar entrance, turn left onto Del Mar. Left on Barcelona (street curves and becomes Cordoba). Right onto Armada Loop. Property on the right at 170 Armada Loop.

Rooms

Dining Room 1

Interior

Interior Features Decorative Lighting, Double Vanity, High Speed Internet Available, Kitchen Island, Natural Woodwork, Open Floorplan, Vaulted Ceiling(s)

Heating Central

Cooling Central Air

Flooring Tile

Fireplaces Number 1

Fireplaces Type Living Room, Wood Burning Stove

Appliance Dishwasher, Disposal, Electric Range, Electric Water Heater

Heat Source Central

Laundry Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Boat Slip, Dock, Rain Gutters

Garage Spaces 2.0

Fence Back Yard

Community Features Fishing, Lake, Park, Pickle Ball Court, Playground

Utilities Available City Water, Electricity Connected, Septic, Underground Utilities

Waterfront Description Dock – Covered,Lake Front,Retaining Wall – Other,Retaining Wall – Steel

Roof Type Shingle

Total Parking Spaces 2

Garage Yes

Building

Lot Description Landscaped, Lrg. Backyard Grass, Water/Lake View, Waterfront

Story One

Level or Stories One

Schools

Elementary Schools Central

High Schools Mabank

School District Mabank Isd

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21278477

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2026 North Texas Real Estate Information Systems.
Listed by Bobby Moats • LPT Realty LLC

Get More Information

Dave Budny
Dave Budny

Broker Associate | License ID: 0660042

+1(214) 755-7045

931 Poteet Cir, Waxahachie, Texas, 75165, United States

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Dave Budny Real Estate Team - INC Realty, LLC, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.