Turnkey Lakefront Retreat Just One Hour from Dallas – Perfect for Entertaining & Getaways. Discover the ultimate lakefront escape in this fully renovated and thoughtfully expanded A-frame style home, set on two spacious lots with over 150 feet of shoreline—all within an easy hour's drive from Dallas. Whether you're seeking a serene weekend getaway, a high-performing short-term rental, or a forever family retreat, this home delivers space, comfort, and stunning waterfront living. Step into a bright, open-concept main house featuring 4 bedrooms and 3 full bathrooms, ideal for hosting family and friends. The generous living and dining areas are designed for entertaining, while large windows frame beautiful lake views. A two-car garage with extra storage and a covered porch just steps from the water add function and charm to this one-of-a-kind property. For even more guest space, the brand-new bunkhouse sleeps seven and includes a full bathroom. The lower level is built for fun and relaxation, offering a glass overhead door, a game room, and an oversized covered patio—perfect for grilling, dining al fresco, or watching sunsets over the lake. Your private boathouse is ready for adventure, with two slips equipped with new motorized lifts, electric, and secure straps. Set on a wide, deep-water channel with 6–7 feet of water at the dock and immediate access to open water, this location is perfect for swimming, paddleboarding, kayaking, and boating—all from your own backyard. With sleeping accommodations for up to 19 guests, this property is ideal for large families, hosting friends, or maximizing rental income. This rare, move-in-ready lakefront property offers the perfect blend of privacy, luxury, and recreation—schedule your private showing today and start living the lake life you've been dreaming of.
Under contract
$899,000
123 Goodknight Ranch Rd, Trinidad, TX 75163
5beds
2,746sqft
Est.:
Single Family Residence
Built in 1975
0.71 Acres Lot
$-- Zestimate®
$327/sqft
$8/mo HOA
What's special
Lakefront retreatPrivate boathouseOversized covered patioGame roomGlass overhead doorOpen-concept main houseWide deep-water channel
- 483 days |
- 22 |
- 0 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: November 03, 2025 at 05:17am
Listed by:
Matthew Wood 0639178 214-532-8327,
Scout RE Texas 214-532-8327
Source: NTREIS,MLS#: 20714934
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Level: First
- Dimensions: 14 x 14
Living room
- Features: Ceiling Fan(s), Fireplace
- Level: First
- Dimensions: 20 x 24
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal
Features
- Built-in Features, Eat-in Kitchen, Kitchen Island, Loft, Multiple Staircases, Open Floorplan
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Masonry, Wood Burning
Interior area
- Total interior livable area: 2,746 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Pool features: None
- On waterfront: Yes
- Body of water: Cedar Creek
Lot
- Size: 0.71 Acres
Details
- Parcel number: 32400000493060
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A-Frame,Other,Detached
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Brick, Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1975
Utilities & green energy
- Sewer: Aerobic Septic
- Utilities for property: Municipal Utilities, Septic Available, Water Available
Community & HOA
Community
- Subdivision: Key Ranch Estates #1
HOA
- Has HOA: Yes
- Services included: Association Management
- HOA fee: $100 annually
- HOA name: Key Ranch
- HOA phone: 000-000-0000
Location
- Region: Trinidad
Financial & listing details
- Price per square foot: $327/sqft
- Tax assessed value: $616,351
- Annual tax amount: $8,478
- Date on market: 8/29/2024
- Cumulative days on market: 483 days
- Listing terms: Cash,Conventional,1031 Exchange
Estimated market value
Not available
Estimated sales range
Not available
$3,748/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/25/2025 | Contingent | $899,000$327/sqft |
Source: NTREIS #20714934 Report a problem | ||
| 8/12/2025 | Price change | $899,000-5.3%$327/sqft |
Source: NTREIS #20714934 Report a problem | ||
| 6/9/2025 | Price change | $949,2500%$346/sqft |
Source: NTREIS #20714934 Report a problem | ||
| 3/6/2025 | Price change | $949,500-9.5%$346/sqft |
Source: NTREIS #20714934 Report a problem | ||
| 1/3/2025 | Price change | $1,049,250-6.7%$382/sqft |
Source: NTREIS #20714934 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,894 +4.2% | $616,351 +0% |
| 2024 | $8,533 +0.7% | $616,240 +3% |
| 2023 | $8,478 -9.9% | $598,343 +1.7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,296/mo
Principal & interest
$4276
Property taxes
$697
Other costs
$323
Climate risks
Neighborhood: 75163
Nearby schools
GreatSchools rating
- 7/10Tool Elementary SchoolGrades: PK-5Distance: 6 mi
- 4/10Malakoff Middle SchoolGrades: 6-8Distance: 6.2 mi
- 4/10Malakoff High SchoolGrades: 9-12Distance: 4.6 mi
Schools provided by the listing agent
- Elementary: Tool
- Middle: Malakoff
- High: Malakoff
- District: Malakoff ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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