Date
Details
Price
Change
Source
9/22/2026
Listed
$610,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$610,000 Just Listed
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Property Description
Situated on 5 acres in the premier Mountain Lakes community, this 4-bedroom, 3-bathroom residence offers an exceptional Texas Hill Country lifestyle paired with world-class neighborhood amenities. Located just 60 seconds from the community entrance for effortless commutes, Mountain Lakes residents enjoy access to two private lakes (Lake Beacon and Anglers Cove) for boating, fishing, and kayaking, along with a lakeside park, clubhouse, community pool, RV park, and walking trails. The home itself features long-range valley views across the rear property, a recently inspected and serviced HVAC system, and a clean water setup with both a salt softener and RO filtration. Inside, a renovated library office comes equipped with a custom Murphy bed for ideal work-from-home or executive guest flexibility. Outdoor additions include an automatic sprinkler system, a 30x30 all-metal workshop, a 10x10 equipment shed, and a nearly .5 mile perimeter trail. Experience luxury country living with full lake community perks!
Full Property Details
Full Property Details for 4865 Compass Way
General
- Price: $610,000
- HOA FEE: $25/month
- HOA FEE FREQ.: Annually
- Taxes: $7,618
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21390642
- Updated: 9/22/2026
- Added to Site: Today
Interior
- Interior Features: Built-in Features, Chandelier, Decorative/Designer Lighting Fixtures, Double Vanity, Granite Counters, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas Log, Living Room
- Appliances: Dishwasher, Electric Range, Disposal, Vented Exhaust Fan
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Common Area, Washer Hookup, Dryer Hookup, ElectricDryer Hookup, Laundry in Utility Room
Additional Information
- Shared Pool: Yes
- Pool: Yes
- Pool Description: None, Community
- Tennis: Yes
Exterior
- Exterior Features: Lighting, Rain Gutters, Storage
- Porch/Patio/Deck: Rear Porch, Front Porch, Patio, Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 4
- Parking Features: Additional Parking, Circular Driveway, Concrete, Door-Multi, Driveway, Garage, Garage Door Opener, Oversized, See Remarks, Storage
Location
- County: Erath
- Subdivision: Mountain Lakes Sec 2
- Driving Directions: GPS Friendly
School Information
- Elem School District: Bluff Dale ISD
- Midd School District: Bluff Dale ISD
- High School District: Bluff Dale ISD
- Elementary School: Bluff Dale
- Middle School: Bluff Dale
- High School: Bluff Dale
Community
- Association: Yes
- Assoc. Name: Mountain Lakes OA
- Assoc. Fees Include: All Facilities, Association Management
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Aerobic Septic
- Water: Community/Coop
- Utility Description: Electricity Connected, Septic Available, Separate Meters, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Ranch, Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition, Shingle
- Stories/Levels: 1
- Living Area: 2,415 Sq. Ft.
- Year Built: 2006
- Property Condition: Resale
Additional Structures
- Other Structures: Barn(s), Stable(s)
Lot Features
- Lot Size (Acres): 5.014
- Lot Size (Sq. Ft.): 218,409.84
- Frontage: All Weather Road, Asphalt
- Lot Features: Acreage, Landscaped, Many Trees, Subdivision
Water Features
- Boat Dock Slip: Yes
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $295
- Assoc Fee Freq.: Annually
- Tax Amount: $7,618
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: ACRES: 5.014 S6760 MOUNTAIN LAKES SECTION TWO
- Disclosures/Rstr.: Accessory Dwelling Unit, Deed Restriction
- Property ID: R000067578
- Lot Number: 516
Listed by Elevate Realty Group, Andrew Hilley
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 4865 Compass Way —
Andrew Hilley
Elevate Realty Group
(817) 736-5757
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 4865 Compass Way
School District:Bluff Dale Independent School District
| Name | Grades | Distance |
|---|---|---|
Bluff Dale Elementary School 710 Church Street, Bluff Dale, TX 76433 | PK-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4865 Compass Way
Tax History
Tax History for 4865 Compass Way
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,189
—
$626,020
3%
2023
$5,189
—
$609,260
10%
2023
$5,189
-25%
$551,540
18%
2022
$6,937
74%
$466,420
25%
2021
$3,997
3%
$372,470
10%
2020
$3,884
2%
$339,970
6%
2019
$3,808
6%
$319,770
12%
2017
$3,592
—
$286,540
10%
2017
$3,592
4%
$260,780
6%
2016
$3,442
—
$246,920
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4865 Compass Way
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4865 Compass Way, Bluff Dale, TX 76433 (MLS# 21390642) is a Single Family property with 4 bedrooms and 3 full bathrooms. 4865 Compass Way is currently listed for $610,000 and was received on September 22, 2026. Want to learn more about 4865 Compass Way? Do you have questions about finding other Single Family real estate for sale in Bluff Dale? You can browse all Bluff Dale real estate or contact a Coldwell Banker agent to request more information.