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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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1516 N Lakeview Dr , Palo Pinto, TX 76484
$1,000,000
Est. Payment: $5,616.74/mo
6 Bed
3 Bath
5908 Sqft
1.15 Acres
Status: active | Days on site: 47
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House Description

Palo Pinto Lake Retreat - waterfront living, reimagined! This one-of-a-kind property offers TWO homes on Lake Palo Pinto, giving you flexibility for guest quarters or serious income potential. The centerpiece of the waterfront is a custom-built, two-story dock with two boat lifts and jet ski platforms, built to handle everything from fishing trips to a full day of tubing and skiing on the lake. The main home is a beautifully updated 3-bedroom, 2-bath residence with granite counters, a kitchen island, an open floorplan, and its own covered dock with boat lift. The guest cabin has been completely remodeled, featuring a brand new mini-split HVAC system, a new stone back porch overlooking the water, a new propane line, and updated electrical. Additional upgrades include a fully fenced perimeter with two new gated entrances, adding both privacy and peace of mind. A 45x50 insulated workshop with two 12x12 overhead doors and a walk-through door offers abundant storage for boats, ATVs, and all your lake toys. Whether you're chasing full-time lake life, a weekend escape, or a turnkey rental setup, this property delivers. And with swim season still going strong, summer isn't over yet! There's still time to close and get some lake days in before fall.

Highlights

Listed by Lani Rust , Keller Williams Brazos West , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
1.15

Year Built

9999

County

Palo Pinto

Neighborhood

Love Pp Lake

School District

Santo ISD

Listing ID

21368920

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Appliances:Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Other:
  • ▪ Additional:Decorative Lighting, Granite Counters, Kitchen Island, Open Floorplan

Exterior Features

Lot:1 to < 3 Acres,Dock – Covered,Lake Front,Personal Watercraft Lift
Roof:Composition
Parking Features:Additional Parking,Asphalt,Boat,Covered,Driveway,Gated,Gravel
Principal Interest
$5,617
Taxes
$901

Home Price

$1,000,000

Loan Details

30 yrs
7.542%

Down Payment

20%
$200,000
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:
$5,616.74

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,616.74 $900.58 $0.00 $6,517.33
Yearly $67,400.90 $10,807.00 $0.00 $78,207.90
Total $2,022,027.02 $324,210.00 $0.00 $2,346,237.02

Today's Rates

30 Year

7.54%

20 Year

7.2%

15 Year

6.73%

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Market insight data is pulled from the same city as the listing being viewed (Palo Pinto, 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: 2026-10-11T06:04:59.563Z

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