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$725,000

202 County Road 3515, Bullard, TX, 75757

$846,480 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths4 Bath
Baths3,087 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$234.86 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Dryer, Electric Range, Refrigerator, Tankless Water Heater
FlooringCarpet, Tile

Exterior

Exterior FeaturesDock, Dog Run
Lot Size15,507 sqft

Building Information

Year Built1999
Stories2
Garage Spaces2

Land Information

APN108860040
Lot Number3
Land UseResidential
Legal DescriptionLOT 3 BLK 1 LAKE PALESTINE CHIMNEY CREEK ESTATES - BISD
Census Tract950202
Assessed Land Value$233,240
Assessed Improvement Value$394,380
Assessment Year2025

About this property

There are lake houses, and then there are homes that become part of a family's story. This is one of them. Nearly 30 years ago, the owners stood on this waterfront lot and imagined what life on Lake Palestine could look like. They brought that vision to life in 1999, creating a home where family were raised, holidays were celebrated, countless sunsets were enjoyed from the deck, and lifelong memories were made. Now, for the first time, this special property is ready for its next chapter. Perfectly positioned on the tranquil shores of Lake Palestine, this distinguished three-story waterfront home offers the lifestyle so many dream about. Inside, you'll find a spacious primary suite, two guest bedrooms, 3.5 bathrooms, and an open-concept kitchen, dining, and living area designed to maximize breathtaking lake views. The versatile lower level provides endless possibilities as a fourth bedroom, media room, home office, or guest retreat—and even includes a built-in storm shelter for added peace of mind. Recent updates make this home even more appealing, including brand-new HVAC systems for dependable comfort. The interior has also been freshly painted with a clean, neutral palette, creating a bright, welcoming space where buyers can easily envision making it their own. Step outside and discover what truly sets this property apart. Expansive decks nearly wrap around the home, inviting you to enjoy morning coffee, evening sunsets, and everything in between. The impressive boathouse is ready for days on the water, and with a consistent 5–6 feet of water depth at the dock, you'll enjoy reliable lake access throughout much of the year. Whether you're searching for a full-time waterfront residence, a weekend escape, or a place where generations can gather, this home offers something increasingly rare—a thoughtfully built lakefront property with timeless character, modern mechanical updates, incredible outdoor living, and a legacy of love that's ready to welcome new memories.

Investor Tools

Property Icon
$652,000
Estimated Property Value
$222,835Estimated Mortgage Balance
$519,619Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$846,479
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,350 /month
Positive
Cash Flow Estimate:
$1,450 /month

Interested in this property?

Dawn Davis

Keller Williams Realty-Tyler

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$469/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,364
$627,620
2025
$233,240
$394,380
$627,620
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,364
$627,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Austin Bank Texas Na
Unknown
$222,835
No
First
Dec 15, 2009
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,381
$519,619
79%
20%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Bullard

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202 County Road 3515 | Property Details | No Agent List