1216 Shahan Prairie Road, Little Elm

Offering 4.5 ACRES of GORGEOUS LAKEFRONT Property complete with a Main House, a Guest house w 2 Apts & a 3 Unit APT Building. INCOME PRODUCING currently over $90K annually! Located on Lake Lewisville, nestled in the Cove at Oak Point in Little Elm at the Peninsula. 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 1Bd, 1 Bth * 700 sq ft complete w Kitchen & Custom Closet. Underneath is a 5 Bay Garage *10ft High Doors* partially climate controlled w Garage Space, a Storage Closet for each Unit & a shared Laundry & Ice Machine for lake use! Property has a Floating Boathouse w Active Permit & 2 Boat lifts ! Make this your own little piece of Texas and enjoy the Sunrise & Sunsets along with Fishing, Swimming & a relaxed Lake-Lifestyle all year round!