Property Attributes
- MLS#21307564
- TypeSingle Family
- Listing Status Active
- CountyRAINS
- CityPoint
- NeighborhoodSun Point
- Zip75472
- StyleSplit Level,Traditional
- Year Built1969
- Taxes$ 6748
- Price$ 699,770
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2551
- Lot Size0.75 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Welcome to the Reel Lazy Lake House, a wonderful family waterfront retreat on beautiful Lake Tawakoni! Currently operating as a successful and profitable short-term rental, this unique lakefront property offers the perfect combination of personal enjoyment and investment potential. With two homes on site featuring a combined 5 bedrooms and 4 full bathrooms, this property is ideal for large families, vacation rentals, weekend getaways, or income-producing opportunities. The main home features 3 bedrooms and 3 bathrooms with wood-look flooring, shiplap accents, natural wood trim, and expansive windows showcasing stunning lake views. The fully renovated kitchen offers new cabinetry, quartz countertops, stainless steel appliances, and ample space for entertaining. The spacious living area includes a pool table and comfortable gathering spaces, while the private primary suite features its own lakeside deck and ensuite bathroom. A large screened porch and hot tub provide additional spaces to relax and enjoy the views. Connected by a boardwalk, the detached guest house, known as the 'Party Room' is an entertainment destination all its own. Complete with ping pong, air hockey, foosball, poker table, & more, it's designed for endless fun. The guest house also includes a living area, full bathroom downstairs, and an additional bedroom upstairs. Outside, enjoy everything Lake Tawakoni living has to offer, including waterfront access, a private pier, boat dock, fire pit, volleyball court, and plenty of room for outdoor gatherings. Located in one of East Texas' most popular recreational lake destinations and within easy driving distance of the DFW Metroplex, this property offers a rare opportunity to own a proven short-term rental, family retreat, and waterfront investment all in one. Whether you're searching for a lake house, vacation rental, Airbnb investment, or weekend getaway, the Reel Lazy Lake House is ready to make memories from day one. Furnishings are negotiable.
| Elementary School |
|---|
| Rains Elementary School |
| Price History | |
|---|---|
| 6/19/2026 | Listed $750,000 |
| 8/1/2026 | 4$725,000 |
| 8/20/2026 | 4$699,770 |
General Features
| Heating | Central,Electric,Heat Pump |
|---|---|
| Cooling | Ceiling Fan(s),Central Air,Electric |
| Utilities | All Weather Road,City Water,Co-op Electric,Electricity Connected,Individual Water Meter,Outside City Limits,Septic |
| Possession | Closing/Funding |
| Roof | Metal |
| Appliances | Dishwasher,Disposal,Dryer,Electric Range,Electric Water Heater,Microwave |
| Easements | Electric,Utilities,Water Lines |
| Number of Garage Spaces | 3 |
| School District | Rains ISD |
| Year Built | 1969 |
| Architectural Style | Split Level,Traditional |
| Levels | Three Or More |
| Unexempt Taxes | 6748 |
| Will Subdivide | No |
| Property Subtype | Single Family Residence |
| Subdivision Name | Sun Point |
| Transaction Type | For Sale |
| Occupant Type | Tenant |
| County | Rains |
| Property Type | Residential |
| Security Features | Security System,Smoke Detector(s) |
| Construction Materials | Board & Batten Siding,Cedar,Fiber Cement,Siding |
| Year Built Details | Preowned |
| HOA Type | None |
| Special Notes | Aerial Photo,Survey Available |
| Full Baths | 4 |
| Status | Active |
| Directions | Please refer to your preferred navigation system |
| City | Point |
| Elementary School Name | Rains |
| High School | Rains |
| Elementary School | Rains |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21307564 |
| Standard Status | Active |
| Junior High School | Rains |
| Listing Terms | Cash,Conventional |
Interior Features
| Interior Features | Chandelier,Decorative Lighting,Double Vanity,Flat Screen Wiring,Kitchen Island,Multiple Staircases,Natural Woodwork,Open Floorplan,Walk-In Closet(s) |
|---|---|
| Flooring | Luxury Vinyl Plank |
| Fireplace Features | Electric,Family Room |
| Dining Areas | 1 |
| Living Areas | 3 |
| Room Count | 10 |
| Lock Box Type | None |
| Total Bedrooms | 5 |
| Total Baths | 4 |
| Laundry Features | Electric Dryer Hookup,In Hall,Stacked W/D Area,Washer Hookup,On Site |
Exterior Features
| Waterfront | Yes |
|---|---|
| Exterior Features | Balcony,Boat Slip,Covered Patio/Porch,Dock,Fire Pit,Rain Gutters,Mosquito Mist System |
| Lot Features | Few Trees,Water/Lake View,Waterfront |
| Vegetation | Cleared |
| Soil Type | Sandy Loam |
| Other Structures | Boat House |
| Parking Features | Driveway,Garage,Garage Double Door,Garage Faces Front,On Street |
| WaterFront Features | Dock – Covered,Lake Front,Lake Front – Main Body,Retaining Wall – Steel |
| Lot Size | .5 to < 1 Acre |
| Covered Spaces | 3 |
| Foundation | Concrete Perimeter,Pillar/Post/Pier |
| Lot Size Area | 0.7500 |
| Lot Size Dimensions | .5 sra leased |
| Lot Size Units | Acres |
| Structural Style | Lake House,Single Detached,Vacation Home |
| Garage Y/N | Yes |
| Lot Size Square Feet | 32670.0000 |
| Lot Size Acres | 0.7500 |
| Patio And Porch Features | Covered,Deck |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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