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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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229 Southside Dr , Gainesville, TX 76240
$675,000
Est. Payment: $3,475.19/mo
3 Bed
2.5 Bath
2251 Sqft
Status: active | Days on site: 179
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

This exceptional lakeview property offers the perfect blend of lifestyle & investment potential. Designed for comfortable full-time living or effortless second-home enjoyment, it delivers the peace, views, and outdoor access that make lake living so desirable. Beyond being a beautiful place to call home, the property has a proven track record as a high-performing short-term rental. Successfully operated as an Airbnb house for multiple years, it boasts an outstanding 4.95 star guest rating, demonstrating consistent demand, strong reviews, & reliable income history. Adding even more value, the property includes an additional barn that presents a unique opportunity for supplemental rental income-whether used for storage rentals, event space, or creative income-producing possibilities (subject to buyer use & local regulations). Whether you're looking for a serene lakeside residence, a turnkey short-term rental, or a hybrid lifestyle-investment property, this home checks every box with location, performance, & future income potential.

Highlights

Listed by RITA GREER , and Virginia Capps , RE/MAX FIRST REALTY , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.82

HOA Fee

700 Annually

Year Built

2006

County

Cooke

Neighborhood

Whispering Hills

School District

Sivells Bend ISD

Listing ID

21190980

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2.5
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Electric Oven, Gas Cooktop, Microwave, Double Oven, Refrigerator
Air Cond:Attic Fan,Ceiling Fan(s),Electric
Fireplaces:Gas Starter,Living Room,Outside,Propane,Stone
Floor:Ceramic Tile,Hardwood
Other:
  • Additional:Built-in Features, Cathedral Ceiling(s), Decorative Lighting, Double Vanity, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Kitchen Island, Loft, Natural Woodwork, Open Floorplan, Walk-In Closet(s), Master on Main

Exterior Features

Lot:Acreage,Landscaped,Many Trees,Rolling Slope,Sprinkler System,Water/Lake View,.5 to < 1 Acre
Roof:Metal
Others:
  • Additional:Courtyard, Covered Courtyard, Covered Deck, Covered Patio/Porch, Fire Pit, Gas Grill, Rain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Living Center, RV/Boat Parking, Storm Cellar, Preowned
Parking Features:Additional Parking,Garage Door Opener,Garage Faces Side,Garage Single Door,Inside Entrance,Oversized,Storage
Principal Interest
$3,475
Taxes
$431
HOA
$700

Home Price

$675,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$135,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,475.19

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $3,475.19 $431.08 $700.00 $4,606.28
Yearly $41,702.32 $5,173.00 $8,400.00 $55,275.32
Total $1,251,069.53 $155,190.00 $252,000.00 $1,658,259.53

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Gainesville, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

© 2026 North Texas Real Estate Information Systems