About 1216 Shahan Prairie Road
Offering 4.5 ACRES of LAKEFRONT Property complete w Main House, a Guest house w 2 Apts & a 3 Unit APT Buildin PRODUCING currently over $75K Annually! Located on Lake Lewisville, nestled in the Cove at Oak Point in Little Elm at the Peninsula. Getting 3 new Roofs due to recent storm. HVAC replaced Dec 23. 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 1Bed,Bth Kitchen & Living Area pus a Bay Garage *10ft High Doors* that it partially climate controlled in Garage plus a Storage Closet for each Unit. Also has shared Laundry & Ice Machine downstairs. Property has 2 slip Boathouse w Active Permit. Make this your own little piece of Texas and enjoy the Sunrise & Sunsets along with Fishing, Swimming & a relaxed Lake-Lifestyle all year round!
Status Change History
| Date | Details | Status |
|---|---|---|
| Jul 4, 2025 | Status Changed from Active Under Contract to Closed | Closed |
| Oct 24, 2024 | Status Changed from Active to Active Under Contract | Active Under Contract |
Price Change History
| Date | Details | Price |
|---|---|---|
| Apr 20, 2024 | Price Reduced from $3,395,000 to $3,295,000 | $3,295,000 |
| Dec 31, 2023 | Price Reduced from $3,495,000 to $3,395,000 | $3,395,000 |
| Oct 10, 2023 | Price Reduced from $3,600,000 to $3,495,000 | $3,495,000 |
Features of 1216 Shahan Prairie Road
| MLS® # | 20420836 |
|---|---|
| Price | $3,295,000 |
| Bedrooms | 8 |
| Bathrooms | 0.00 |
| Full Baths | 7 |
| Acres | 4.47 |
| Year Built | 1992 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Closed |
Community Information
| Address | 1216 Shahan Prairie Road |
|---|---|
| Subdivision | Dm Cule |
| City | Little Elm |
| County | Denton |
| State | TX |
| Zip Code | 75068-2834 |
Amenities
| Utilities | Aerobic Septic, Private Sewer, Private Water, Septic, Water Tap Fee Paid, Well |
|---|---|
| Features | Fishing, Lake, Laundry |
| Parking Spaces | 9 |
| # of Garages | 9 |
| Garages | 2-Car Double Doors, Additional Parking, Boat, Circular Driveway, Common, Concrete, Deck, Driveway, Garage, Garage Door Opener, Garage Faces Front, Garage Faces Side, Golf Cart Garage, Gravel, Heated Garage, Inside Entrance, Lighted, Oversized, Parking Pad, Paved, Private, RV Access/Parking, RV Garage, Storage, Tandem, Workshop in Garage, Other |
| Is Waterfront | Yes |
| Waterfront | Lake Front, Lake Front – Corps of Engineers |
| Has Pool | No |
Interior
| Interior Features | Cable TV Available, High Speed Internet Available |
|---|---|
| Heating | Central, Electric |
| Fireplace | No |
Exterior
| Exterior Features | Balcony, Boat Slip, Dock, Dog Run, Gray Water System, Lighting, Playground, Private Yard, Storage, Other |
|---|---|
| Lot Description | Acreage, Irregular Lot, Landscaped, Many Trees, Sprinkler System, Water/Lake View, Waterfront, Lrg. Backyard Grass, Other |
| Roof | Composition |
| Construction | Brick, Rock/Stone, Wood, Siding |
| Foundation | Slab |
School Information
| District | Little Elm ISD |
|---|---|
| Elementary | Oak Point |
| High | Little Elm |
Additional Information
| Date Sold | June 30th, 2025 |
|---|
Listing Details
| Agent | Kristen Trest |
|---|---|
| Office | Ebby Halliday Realtors |
| Contact Info | 972-608-0300 |