Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days49Days on Market
Views2view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$899,900

202 W GERMANY ST, Lone Star, TX, 75568

On MarketInfo
Baths2 Bath
Baths1,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$749.92 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bathrooms 2Bathrooms 2
AppliancesElectric Water Heater

About this property

Welcome to a one-of-a-kind waterfront retreat located on Lone Star Lake (Ellison Creek Reservoir), sitting high on a hill and surrounded by water, where the views, the steady breeze, and the possibilities are truly unmatched. This unique property is perfectly designed for entertaining, relaxation, and incredible investment opportunity. At the heart of the property is a large, covered metal pavilion featuring a custom bar area with built-in seating that creates a fun, tropical atmosphere. The bar is equipped with coolers to keep drinks ice-cold, making it the ideal gathering spot for guests and events. Nearby, a food trailer is already in place for cooking and serving, making it perfectly suited for concessions, parties, or venue use. The property includes two separate his-and-her bathroom buildings, along with an office space conveniently located between one set, plus two outdoor rain-head showers that are perfect for rinsing off after a day spent enjoying the sun and water. A massive sun deck overlooks the stunning waterfront and provides abundant space for tables, chairs, and large gatherings. Picnic areas are scattered throughout the property, offering peaceful spots to relax and take in the breathtaking scenery. A sandy beach area creates a perfect place for swimming and play, while shoreline boat access adds even more recreational appeal. Formerly known as a popular water park obstacle course adventure destination, this property still holds tremendous potential. Whether you envision a private event venue, wedding destination, marina, restaurant, entertainment park, nightly rental cabin development, or a family recreation retreat, the opportunities here are truly endless. If you’re searching for a rare investment opportunity with unforgettable views, existing amenities, and limitless possibilities, this waterfront gem is ready to bring your vision to life.

Investor Tools

Property Icon
$0
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,399 /month
Positive
Cash Flow Estimate:
$1,800 /month

Interested in this property?

Bree Shimpock

Texas Real Estate Executives, The Daniels Group - Gilmer

ContactContact

Want alerts when something changes with this property?

Financing Details

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

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Lone Star

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...