1216 Shahan Prairie Road
Little Elm, TX 75068
- 3 beds
- 2 baths
- 5,800 sqft
- ~4 acre lot
- $568 per sqft
- 1992 build
- – on site
Offering 4.5 ACRES of GORGEOUS LAKEFRONT Property complete w Main House, Guest house & 3 Unit Apartment building which currently nets over $75K per year! Currently installing 3 New Roofs & Siding due to recent storm. HVAC in Main House replaced Dec 23. Nestled in the Cove at Oak Point,on Lake Lewisville, in Little Elm at the Peninsula. No HOA or Deed Restrictions is a bonus and you have more space to play and build on. The 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 Hse with 2 Apartments & 4 car Garage, plus a 3 Apartment Unit built in 2022. 1 Bd 1 Bth w Kitchen & Living Room* 700 sq ft complete. Building has 5 Bay Garage *10ft High Doors* partially climate controlled w Storage Closet for Each Unit & a shared Laundry. 2 Slip Boathouse w Active Permit. This is what you have been looking for! Enjoy Beautiful Sunrise & Sunsets along with Fishing, Swimming & a relaxed Lake lifestyle year round,
Last checked:
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Last updated Apr 2, 2025
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MLS# 20332404 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1992
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Year Built Details:Preowned
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Architectural Style:Traditional
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Structural Style:Lake House, Resort Property, Single Detached, Vacation Home
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Window Features:Window Coverings
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Patio And Porch Features:Front Porch, Patio, Roof Top Deck/Patio, See Remarks
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Accessibility Features:No
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Other Equipment:Satellite Dish
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Roof:Composition
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Basement:No
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Foundation Details:Slab
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Levels:Two
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Construction Materials:Brick, Rock/Stone, Wood
Interior
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Interior Features:Other
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Flooring:Carpet, Ceramic Tile, Luxury Vinyl Plank, Tile
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Fireplaces Total:1
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Fireplace Features:Circulating, Decorative, Electric, Living Room
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Laundry Features:Electric Dryer Hookup, Utility Room, Full Size W/D Area, Washer Hookup, Other, On Site
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# of Dining Areas:1
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# of Living Areas:2
Room Dimensions
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Living Area:5800.00
Location
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Directions:GPS best. Once you turn on Shahan Prairie Rd, go almost to the end of the peninsula. Property has 2 driveways, into the Main & Guest House, plus the Apartment Building. Park in either. Enjoy the views on this beautiful 4.5 Acre Section of Prime Lakefront prpty & be sure to check out the BOATHOUSE!
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Latitude:33.16632800
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Longitude:-96.95475400
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:No
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Parcel Number:R44159
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Lot Features:Acreage, Irregular Lot, Landscaped, Many Trees, Sprinkler System, Water/Lake View, Waterfront
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Lot Size:3 to < 5 Acres
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Lot Size SqFt:194713.2000
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Lot Size Acres:4.4700
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Lot Size Area:4.4700
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Lot Size Units:Acres
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Lot Size Source:Appraiser
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Easements:Water Lines, Other
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Exclusions:Curtains and rods in the Kitchen, Upstairs Den, and Master Bedroom . BOATHOUSE IN PROCESS of BEING REPAIRED OR REPLACED w INSURANCE due to May Storm
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Fencing:Metal, Other
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Soil Type:Unknown
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Exterior Features:Balcony, Boat Slip, Dock, Dog Run, Gray Water System, Lighting, Playground, Private Yard, Storage, Other
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Other Structures:Boat House, Garage(s), Guest House, Residence, RV/Boat Storage, Second Garage, Second Residence, See Remarks, Separate Entry Quarters, Tenant House, Workshop, Workshop w/Electric, Other
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Waterfront:Yes
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Waterfront Features:Lake Front, Lake Front – Corps of Engineers
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Dock Permitted:No
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Lake Pump:Yes
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Will Subdivide:Yes
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Legal Description:A0226A D.M. CULE, TR 21A, 22, 23, 4.47 ACRES,
Beds
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Bedrooms Total:3
Baths
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Total Baths:2.00
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Total Baths:2
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Full Baths:2
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20332404
Heating & Cooling
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Heating:Central, Electric
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Cooling:Ceiling Fan(s), Central Air, Electric
Utilities
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Utilities:Aerobic Septic, Private Sewer, Private Water, Septic, Water Tap Fee Paid, Well
Appliances
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Appliances:Dishwasher, Disposal, Electric Cooktop, Electric Water Heater, Microwave
Schools
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School District:Little Elm ISD
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Elementary School:Oak Point
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Elementary School Name:Oak Point
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Intermediate School Name:Colin Powell
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High School Name:Little Elm
The Community
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Subdivision Name:Dm Cule
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Senior Community:No
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Pool:No
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Association Type:None
Parking
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Garage:Yes
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Attached Garage:No
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Garage Spaces:9
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Garage Height:11
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Covered Spaces:9
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Parking Features:Additional Parking, Boat, Circular Driveway, Common, Concrete, Deck, Driveway, Garage, Garage Door Opener, Garage Double Door, Garage Faces Front, Garage Faces Side, Golf Cart Garage, Gravel, Heated Garage, Inside Entrance, Lighted, Other, Oversized, Parking Pad, Paved, Private, RV Access/Parking, RV Garage, Storage, Tandem, Workshop in Garage
Monthly cost estimate

Asking price
$3,295,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$17,643
|
Taxes | N/A |
Insurance | $906 |
Utilities | $251 See report |
Total | $18,800/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.