1216 Shahan Prairie Road Little Elm, TX $ 3,295,000
1216 Shahan Prairie Road
$ 3,295,000
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1216 Shahan Prairie Road

Little Elm, TX, 75068
$ 3,295,000
Bedrooms8 Baths7.0

Monthly Estimate*

$ 21,900

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Multi-Family Home for sale in Little Elm, TX

for $3,295,000 with 8 bedrooms and 7 full baths. This home was built in 1992 on a lot size of 4.47.

Offering 4.5 ACRES of LAKEFRONT Property complete w Main House, a Guest house w 2 Apts & a 3 Unit APT Buildin PRODUCING currently over $75K Annually! Located on Lake Lewisville, nestled in the Cove at Oak Point in Little Elm at the Peninsula. Getting 3 new Roofs due to recent storm. HVAC replaced Dec 23. NO HOA or Deed Restrictions & room still to build out or add on. Property boasts a 3 Bed 2 Bath Main House with over 2,000 sq ft. Enjoy great views of the Lake from every angle. Separate Guest House with 2 Apartments & 4 car Garage, Plus a 3 Unit Apartment built in 2022, Each unit has 1Bed,Bth Kitchen & Living Area pus a Bay Garage *10ft High Doors* that it partially climate controlled in Garage plus a Storage Closet for each Unit. Also has shared Laundry & Ice Machine downstairs. Property has 2 slip Boathouse w Active Permit. Make this your own little piece of Texas and enjoy the Sunrise & Sunsets along with Fishing, Swimming & a relaxed Lake-Lifestyle all year round!

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Multi-Family Active

Price

$ 3,295,000

Bedrooms

8

Full Bath

7

Property Type

Multi-Family

Taxes

$ 12,721

Style

Multiple Single Units

Lot Size

4.47

Year Built

1992

Town/City

Little Elm

County/Region

Denton

MLS | Web ID

20420836

Features
Interior
Interior Features Cable TV Available High Speed Internet Available
Flooring Tile
Basement Y/N 0
Occupancy Rate 80
Total Units 6
Full Baths 7
Half Baths 0
Street Suffix Road
Total Bedrooms 8
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General
Heating Central Electric
Complex Name 1216 1217 Shahan Prairie
Cooling Ceiling Fan(s) Central Air Electric
Utilities Aerobic Septic Private Sewer Private Water Septic Water Tap Fee Paid Well
Possession Negotiable
Roof Composition
Appliances Dishwasher Disposal Electric Cooktop Gas Water Heater Microwave
Number of Garage Spaces 9
School District Little Elm ISD
Pool Y/N 0
Exclusions Curtains and rods in the Kitchen Upstairs Den and Master Bedroom. ALSO New INSURANCE CLAIM to repair or replace Boathouse due to huge May storm.
Year Built 1992
Community Features Fishing Lake Laundry
Levels Two
Property SubType Multiple Single Units
Subdivision Name Dm Cule
County Denton
Property Type Residential Income
Construction Materials Brick Rock/Stone Siding Wood
Year Built Details Preowned
HOA Type None
Special Notes Flood Plain Survey Available Verify Tax Exemptions
# of Buildings 4
Status Active
Directions GPS best. Once you turn on Shahan Prairie Rd go almost to the end of the peninsula. Property has 2 driveways into the Main & Guest House plus the Apartment BLDG. . Enjoy the views on this Beautiful 4
City Little Elm
Buyer Agent Compensation 2.5
Elementary School Name Oak Point
High School Little Elm
Street Name Shahan Prairie
Elementary School Oak Point
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Waterfront 1
Exterior Features Balcony Boat Slip Dock Dog Run Gray Water System Lighting Playground Private Yard Storage Other
Lot Features Acreage Irregular Lot Landscaped Lrg. Backyard Grass Many Trees Other Sprinkler System Water/Lake View Waterfront
Fencing Metal
Lot Size Source Appraiser
Parking Features Garage Double Door Additional Parking Boat Circular Driveway Common Concrete Deck Driveway Garage Garage Door Opener Garage Faces Front Garage Faces Side Golf Cart Garage Gravel Heated Garage Inside
WaterFront Features Lake Front Lake Front – Corps of Engineers
Lot Size 3 to < 5 Acres
Foundation Slab
Building Area Total 4643.00
Garage Y/N 1
Attached Garage Y/N 1
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Internal Only
Street Number 1 1216
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* Excluded Features
List By
Kristen Trest

Listing Agent

Ebby Halliday Realtors

Broker

Affordability Calculator

$22,960
Per Month
95%
5%
0%
Monthly Principal & Interest
$21,900
Monthly Property Taxes
$1,060
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
286127 Elementary School
3672510 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
4/20/2024 $3,295,000 -2.95% Price Down
12/31/2023 $3,395,000 -2.86% Price Down
10/10/2023 $3,495,000 -2.92% Price Down
10/10/2023 $3,600,000 Listed Price

Map


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1216 Shahan Prairie Road, Little Elm, TX, 75068 is a Multi-Family Home for sale at $3,295,000 with a lot size of 4.47. 1216 Shahan Prairie Road has 8 bedrooms, 7.0 baths, and was built in 1992. The property's zip code is 75068 which is in Little Elm, TX