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489 Martha StreetBullard, TX 75757Price: $449,000

  • Price: $449,000
  • Est. Mortgage of $/month
  • 27 Days on Market
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$/month over payments
Federal 30-year interest rate: 7.24% last updated on Oct 29, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $449,000List Price
  • 3Bedrooms
  • 2Bathrooms
  • 1,323Square Feet
  • 0.6Acreage
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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 20x40 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.
Listing Courtesy of Kim Houser of The Property Shoppe - eXp Realty,LLC (903-561-2200)

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Based on information submitted to North Texas Real Estate Information Services as of November 1, 2026 10:56 PM EST. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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By clicking ‘Submit,’ you consent to receive marketing and informational communications from Briggs Freeman Sotheby’s International Realty and its affiliates, Momentous Title and Select Lending Services at the phone number and email address you provided. These communications may include text messages, phone calls (including those made using automated dialing systems or prerecorded messages), and emails related to Real Estate. Consent is not a condition of any purchase. Standard message and data rates may apply. You may opt out of receiving communications at any time by replying ‘STOP’ to text messages, clicking ‘Unsubscribe’ in emails, or contacting Briggs Freeman Sotheby’s International Realty at 214-350-0400 or donotcall@briggsfreeman.com For more information about how your data is used and stored, please refer to our privacy policy., and SMS Terms and Conditions on our website. I agree to the above terms and consent to receive communications as described.

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