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For sale
  • $475,000

    489 Martha St, Bullard, TX 75757

    3beds
    1,323sqft
    : 
    Manufactured Home
    Built in 2004
    0.4 Acres Lot
    $463,800 Zestimate®
    $359/sqft
    $52/mo HOA

    What's special

    Serene viewsSpectacular sunsets
    Rare Deep-Water on Lake Palestine Experience the ultimate East Texas lake lifestyle in the exclusive gated community of Shadybrook on Lake Palestine. This exceptional property now includes four tracts of land, combining to offer an impressive 192 feet of deep-water shoreline — a rare and highly desirable feature for boating, fishing, and year-round water access. Set on approximately 0.6 acres, this versatile lakeside retreat offers space, flexibility, and investment potential. Property Highlights: *3 Bedrooms | 2 Bathrooms – Comfortable, inviting living spaces ideal for full-time living or weekend escapes. *192’ of Deep-Water Shoreline – Expansive waterfront access perfect for swimming, fishing, and boating in all seasons. *Private Boat Dock & Fishing Pier – Step directly into the lake lifestyle from your own backyard. *Four Separate Tracts – Added value, flexibility, and long-term potential. *Room to Build – Ample space to live in the existing home while constructing a second residence on the property. *20x40 Shop with Heated & Cooled Office Quarters – Complete with a full bathroom, offering incredible versatility for work, hobbies, guest overflow, or storage. *Whole-Home Propane Generator – Reliable backup power for year-round peace of mind. *Short-Term Rental Friendly – An outstanding opportunity for income-producing vacation rental potential. Whether you're looking for a private waterfront sanctuary, a multi-tract investment opportunity, or a property with space to expand, this Lake Palestine gem checks every box. Enjoy serene views, spectacular sunsets, and the security of gated community living — all while embracing the unmatched beauty of East Texas lake life.
    10 days
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    315
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    9
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    Zillow last checked: 7 hours ago

    Listing updated: March 05, 2026 at 02:10pm

    Listed by:

    Kim Houser 903-330-2919,

    The Property Shoppe - eXp Realty, LLC

    Source: GTARMLS,MLS#: 26002842MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Family Room, 1 Living Area
    Primary bedroom
    • Features: Master Bedroom Split
    Bathroom
    • Features: Shower Only, Shower and Tub
    Dining room
    • Features: Den/Dining Combo
    Heating
    • Central/Electric
    Cooling
    • Central Electric, Window Unit(s), Ceiling Fan(s)
    Appliances
    • Included: Range/Oven-Electric, Electric Water Heater
    Features
    • Flooring: Carpet, Laminate
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,323
    • Total interior livable area: 1,323 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage Faces Side, Workshop in Garage, Garage Faces Front
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck Covered
    • Pool features: None
    • Fencing: None
    • On waterfront: Yes
    • Waterfront features: Waterfront, Water/Lakefront
    • Body of water: Lake Palestine
    Lot
    • Size: 0.4 Acres
    Details
    • Additional structures: Workshop
    • Parcel number: 531859000
    • Special conditions: None
    • Other equipment: Satellite Dish

    Construction

    Type & style
    • Home type: MobileManufactured
    • Property subtype: Manufactured Home
    Materials
    • Other/See Remarks
    • Foundation: Pillar/Post/Pier
    • Roof: Aluminum/Metal,Other/See Remarks
    Condition
    • Year built: 2004

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Company: Southern Utilities

    Community & HOA

    Community
    • Features: Common Areas, Tennis Court(s), Pool, Fishing, Boat Ramp, Other, Playground
    • Security: Smoke Detector(s)
    • Subdivision: Shadybrook
    HOA
    • Has HOA: Yes
    • HOA fee: $630 annually
    Location
    • Region: Bullard

    Financial & listing details

    • Price per square foot: $359/sqft
    • Tax assessed value: $249,270
    • Annual tax amount: $2,171
    • Date on market: 3/1/2026
    • Listing terms: Conventional,FHA,VA Loan,Cash
    • Road surface type: Paved

    Estimated market value

    $463,800

    $441,000 - $487,000

    $1,899/mo

    Price history

    Price history
    DateEventPrice
    3/1/2026Listed for sale$475,000+20.3%$359/sqft
    Source: GTARMLS #26002842 Report a problem
    2/24/2026Listing removed$395,000$299/sqft
    Source: eXp Realty #25012526 Report a problem
    8/18/2025Listed for sale$395,000-21%$299/sqft
    Source: GTARMLS #25012526 Report a problem
    8/16/2025Listing removed$500,000$378/sqft
    Source: GTARMLS #25009106 Report a problem
    7/7/2025Price change$500,000-9.1%$378/sqft
    Source: GTARMLS #25009106 Report a problem
    6/14/2025Listed for sale$550,000$416/sqft
    Source: GTARMLS #25009106 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$117 $67,909 +10%
    2024$117 $61,735 +10%
    2023$117 $56,123 +10%
    2022-- $51,021 +10%
    2021$117 $46,383 +10%
    2020$117 $42,166 +10%
    2019-- $38,333 +10%
    2018-- $34,848 -58.7%
    2017-- $84,390 +29.9%
    2016-- $64,990
    2015-- $64,990
    2014-- $64,990
    2012-- $64,990
    2011-- $64,990
    2010-- $64,990
    2009-- $64,990 +1.3%
    2008-- $64,141 +7.2%
    2007-- $59,810

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,801/mo
    Principal & interest
    $2270
    Property taxes
    $479
    HOA Fees
    $52
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      Climate risks

      Neighborhood: Shadybrook

      Getting around

      0 / 100
      Car-Dependent
      15 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Bullard
      • Middle: Bullard
      • High: Bullard

      Source: GTARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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