Location
Deep-Water on Lake Palestine, Shadybrook Gated Community
There''s lake life — and then there''s this.
Tucked inside the exclusive gated community of Shadybrook on Lake Palestine, this exceptional East Texas retreat offers something that serious water lovers spend years searching for: 192 feet of deep-water shoreline. That''s not a detail. That''s a lifestyle.
Spanning approximately 0.6 acres across four separate tracts, this property delivers rare flexibility alongside stunning waterfront living. Whether you''re casting a line from your private fishing pier, launching from your own boat dock, or simply watching the sun melt into the lake at the end of the day, this is the kind of place that makes every season feel like vacation.
The main home offers 3 bedrooms and 2 bathrooms — comfortable and inviting whether you''re settling in full-time or escaping for the weekend. And the possibilities don''t stop there. With four tracts combined, there''s ample room to build a second residence while living in the existing home, making this as strong an investment as it is a retreat.
The impressive 20×40 shop with heated and cooled office quarters and a full bathroom adds another layer of versatility — think guest overflow, a creative studio, a home office, or the ultimate hobby space. A whole-home propane generator ensures you''re never at the mercy of the grid, and the property''s short-term rental-friendly status opens the door to serious income-producing potential.
Gated security. Deep water. Room to grow. East Texas at its absolute finest.
This is the one you don''t wait on.
There''s lake life — and then there''s this.
Tucked inside the exclusive gated community of Shadybrook on Lake Palestine, this exceptional East Texas retreat offers something that serious water lovers spend years searching for: 192 feet of deep-water shoreline. That''s not a detail. That''s a lifestyle.
Spanning approximately 0.6 acres across four separate tracts, this property delivers rare flexibility alongside stunning waterfront living. Whether you''re casting a line from your private fishing pier, launching from your own boat dock, or simply watching the sun melt into the lake at the end of the day, this is the kind of place that makes every season feel like vacation.
The main home offers 3 bedrooms and 2 bathrooms — comfortable and inviting whether you''re settling in full-time or escaping for the weekend. And the possibilities don''t stop there. With four tracts combined, there''s ample room to build a second residence while living in the existing home, making this as strong an investment as it is a retreat.
The impressive 20×40 shop with heated and cooled office quarters and a full bathroom adds another layer of versatility — think guest overflow, a creative studio, a home office, or the ultimate hobby space. A whole-home propane generator ensures you''re never at the mercy of the grid, and the property''s short-term rental-friendly status opens the door to serious income-producing potential.
Gated security. Deep water. Room to grow. East Texas at its absolute finest.
This is the one you don''t wait on.
Property Details
Price:
$475,000
MLS #:
21199726
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Mobile Home
Subdivision:
Shadybrook
Listed Date:
Mar 6, 2026
Finished Sq Ft:
1,323
Lot Size:
17,424 sqft / 0.40 acres (approx)
Year Built:
2004
Schools
School District:
Bullard ISD
Elementary School:
Bullard
Middle School:
Bullard
High School:
Bullard
Interior
Bathrooms Full
2
Cooling
Ceiling Fan(s), Electric, Window Unit(s)
Heating
Central
Interior Features
Eat-in Kitchen
Number Of Living Areas
1
Exterior
Carport Spaces
1
Lot Size Area
0.4000
Waterfront Features
Dock – Uncovered, Lake Front
Financial
See this Listing
Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
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Community
- Address489 Martha Street Bullard TX
- SubdivisionShadybrook
- CityBullard
- CountyCherokee
- Zip Code75757
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Market Summary
Current real estate data for Single Family in Bullard as of Apr 29, 2026
53
Single Family Listed
123
Avg DOM
300
Avg $ / SqFt
$976,465
Avg List Price
Property Summary
- Located in the Shadybrook subdivision, 489 Martha Street Bullard TX is a Single Family for sale in Bullard, TX, 75757. It is listed for $475,000 and features 3 beds, 2 baths, and has approximately 1,323 square feet of living space, and was originally constructed in 2004. The current price per square foot is $359. The average price per square foot for Single Family listings in Bullard is $300. The average listing price for Single Family in Bullard is $976,465. To schedule a showing of MLS#21199726 at 489 Martha Street in Bullard, TX, contact your Aaron Layman Properties agent at 940-209-2100.
489 Martha Street
Bullard, TX