1216 Shahan Prairie Road
Little Elm, TX 75068
- 8 beds
- 7 baths
- 4,643 sqft
- ~4 acre lot
- $709 per sqft
- 1992 build
- – on site
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!
Last checked:
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Last updated Mar 19, 2025
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MLS# 20420836 —
This property 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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Patio And Porch Features:Front Porch, Patio
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Accessibility Features:No
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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, Siding, Wood
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Building Area Total:4643.00
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Building Area Source:Appraiser
Interior
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Interior Features:Cable TV Available, High Speed Internet Available
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Flooring:Tile
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 BLDG. . Enjoy the views on this Beautiful 4.5 Acre of Prime Lakefront property & 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 Income
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Property Subtype:Multiple Single Units
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Parcel Number:R44159
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Lot Features:Acreage, Irregular Lot, Landscaped, Lrg. Backyard Grass, Many Trees, Other, 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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Exclusions:Curtains and rods in the Kitchen, Upstairs Den, and Master Bedroom. ALSO, New INSURANCE CLAIM to repair or replace Boathouse due to huge May storm.
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Fencing:Metal
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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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# of Buildings:4
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Waterfront:Yes
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Water Body Name:Lewisville
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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:Subdivided
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:8
Baths
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Total Baths:7
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Full Baths:7
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20420836
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, Gas 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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Community Features:Fishing, Lake, Laundry
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Pool:No
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Association Type:None
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Complex Name:1216 1217 Shahan Prairie
Parking
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Garage:Yes
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Attached Garage:Yes
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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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# of Parking Spaces:9
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Parking Features:Garage Double Door, 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
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).