




$899,900
202 W GERMANY ST, Lone Star, TX, 75568
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Interior
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.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Lone Star
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These are Deal List properties graded A+, A.
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