241 Rs County Road 1534

What's special

• Waterfront
• Open floor plan
• Kitchen island
• Covered patio
• Deck
• 3-car garage

Welcome to the Reel Lazy Lake House, a wonderful family waterfront retreat on beautiful Lake Tawakoni! Currently operating as a successful and profitable short-term rental, this unique lakefront property offers the perfect combination of personal enjoyment and investment potential. With two homes on site featuring a combined 5 bedrooms and 4 full bathrooms, this property is ideal for large families, vacation rentals, weekend getaways, or income-producing opportunities. The main home features 3 bedrooms and 3 bathrooms with wood-look flooring, shiplap accents, natural wood trim, and expansive windows showcasing stunning lake views. The fully renovated kitchen offers new cabinetry, quartz countertops, stainless steel appliances, and ample space for entertaining. The spacious living area includes a pool table and comfortable gathering spaces, while the private primary suite features its own lakeside deck and ensuite bathroom. A large screened porch and hot tub provide additional spaces to relax and enjoy the views. Connected by a boardwalk, the detached guest house, known as the 'Party Room' is an entertainment destination all its own. Complete with ping pong, air hockey, foosball, poker table, & more, it's designed for endless fun. The guest house also includes a living area, full bathroom downstairs, and an additional bedroom upstairs. Outside, enjoy everything Lake Tawakoni living has to offer, including waterfront access, a private pier, boat dock, fire pit, volleyball court, and plenty of room for outdoor gatherings. Located in one of East Texas' most popular recreational lake destinations and within easy driving distance of the DFW Metroplex, this property offers a rare opportunity to own a proven short-term rental, family retreat, and waterfront investment all in one. Whether you're searching for a lake house, vacation rental, Airbnb investment, or weekend getaway, the Reel Lazy Lake House is ready to make memories from day one. Furnishings are negotiable.

Home facts

Overview

Price

$699,770

Price per sq ft

$274

Status

Active

Property type

Single Family Residence

Year built

1969

Condition

Resale

Style

Split Level, Traditional, Detached

Levels

Three Or More, Multi Split

Days on market

62

Price last changed

Aug 20, 2026

Bedrooms & bathrooms

Bedrooms

5

Full bathrooms

4

Living area

2,551 sq ft

Interior

Features

Chandelier, Decorative Designer Lighting Fixtures, Double Vanity, Kitchen Island, Multiple Staircases, Open Floorplan, Natural Woodwork, Walk In Closets, Wired For Sound

Appliances

Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave

Flooring

Luxury Vinyl Plank

Heating

Central, Electric, Heat Pump

Cooling

Central Air, Ceiling Fans, Electric

Laundry

Common Area, Washer Hookup, Electric Dryer Hookup, In Hall, Stacked

Security

Security System, Smoke Detectors

Exterior & lot

Lot size

0.75 acres · 32,670 sq ft

Lot

Few Trees, Waterfront, Retaining Wall

Exterior features

Balcony, Boat Slip, Dock, Fire Pit, Rain Gutters

Patio & porch

Deck, Balcony, Covered, Mosquito System

Waterfront

Yes

Roof

Metal

Foundation

Concrete Perimeter, Pillar Post Pier

Construction

Board And Batten Siding, Cedar, Fiber Cement

Parking

Garage spaces

3

Parking

Door Multi, Driveway, Garage Faces Front, Garage, On Street

HOA & taxes

HOA

No

Annual property tax (per MLS)

$6,748

Utilities & efficiency

Utilities

Electricity Available, Electricity Connected, Septic Available, Separate Meters, Water Available

Water

Public

Sewer

Septic Tank

Take the virtual tour

Facts are from the listing on the NTREIS MLS, shown as provided. Verify anything important to you.

Assigned schools

• ElementaryRainsRains ISDRatings on GreatSchools
• MiddleRainsRains ISDRatings on GreatSchools
• HighRainsRains ISDRatings on GreatSchools

School assignments come from the MLS and can change, so confirm them with the district. For school ratings and accountability reports, see GreatSchools.org and TXschools.gov (Texas Education Agency). Information provided for general reference; buyers should independently verify schools, districts, and community details.

Neighborhood & nearby

Sun Point subdivision · Point, TX 75472 · Rains County

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