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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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331 Spring Creek Dr , Mount Vernon, TX 75457
$750,000
Est. Payment: $3,861.33/mo
4 Bed
3.5 Bath
2292 Sqft
Status: active | Days on site: 63
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

The perfect lake house on Lake Cypress Springs! This is the opportunity buyers have been waiting for! A property offering million dollar views at a price point rarely found on the lake. Situated on an incredible waterfront lot with expansive open water views, this property combines breathtaking scenery, recent updates, and exceptional versatility. The property features a 1,652 SF main home, a 640 SF guest house, and an oversized shop, providing plenty of space for family, friends, and all your lake toys. The recently updated main home offers 3 bedrooms and 2.5 bathrooms with an open concept design that is ideal for entertaining. Large windows capture the spectacular lake views, while the spacious living, dining, and kitchen areas create the perfect gathering space. The kitchen features stainless steel appliances and ample room for a large island. An oversized utility room provides additional storage and functionality. The primary suite offers a private retreat with an en-suite bathroom and walk in closet, while two additional guest bedrooms provide comfortable accommodations for family and visitors. The guest house includes a bedroom and full bathroom, making it ideal for overflow guests or extended stays. The oversized shop easily accommodates multiple boats, vehicles, golf carts, and lake equipment. Outside, the waterfront lot is truly the star of the show, offering some of the most impressive views on Lake Cypress Springs and the perfect location to build your dream boathouse. Located in a highly desirable gated subdivision, residents enjoy outstanding amenities including a boat ramp, community pool, tennis courts, and more. Whether you're looking for a weekend getaway or a full time residence, this property delivers everything buyers love about lake living.

Highlights

Listed by Nicole Anderson , Anderson Elite Realty , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.66

HOA Fee

378 Semi-Annual

Year Built

1986

County

Franklin (TX)

Neighborhood

Tall Tree

School District

Mount Vernon ISD

Listing ID

21308721

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:3.5
  • Full Bathrooms:3
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Electric Range, Microwave, Refrigerator
Other:
  • Additional:Decorative Lighting, Eat-in Kitchen, High Speed Internet Available, Open Floorplan, Pantry, Vaulted Ceiling(s), Master on Main

Exterior Features

Lot:Leasehold,.5 to < 1 Acre,Lake Front
Roof:Composition,Metal
Others:
  • Additional:Storage
Parking Features:Garage
Principal Interest
$3,861
Taxes
$600
HOA
$378

Home Price

$750,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$150,000
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:
$3,861.33

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $3,861.33 $600.00 $378.00 $4,839.33
Yearly $46,335.91 $7,200.00 $4,536.00 $58,071.91
Total $1,390,077.26 $216,000.00 $136,080.00 $1,742,157.26

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 (Mount Vernon, 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