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$698,000 Just Listed
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Property Description
Welcome to your own Hill Country retreat in the sought-after Mountain Lakes community! This charming 2-bedroom, 2-bath log home offers warmth, character, and breathtaking views of the surrounding hills and nearby lake. The inviting open-concept floor plan is centered around a stunning floor-to-ceiling rock fireplace, creating the perfect gathering space for family and friends. An attached 4-car garage provides ample room for vehicles, recreational toys, and additional storage. Enjoy spectacular sunrises, peaceful evenings, and abundant wildlife from the expansive covered porch, spacious deck, and upper-level balcony-each designed to showcase the beautiful Hill Country and lake views. A gated entrance and paved driveway lead to the home, offering both privacy and convenience. For those needing exceptional workspace or storage, the impressive 2,500± sq. ft. shop is truly a rare find. Foam insulated and equipped with electricity, lighting, and water, it features two finished rooms with mini-split HVAC systems, a reinforced concrete foundation designed for a 30-amp automotive lift, a 50-amp RV outlet, and four overhead roll-up doors, including an oversized door ideal for an RV, boat, or large equipment. Whether you're a hobbyist, craftsman, entrepreneur, or car enthusiast, this incredible shop offers endless possibilities. Experience the lifestyle Mountain Lakes is known for with two private lakes-one stocked for fishing and the other for recreation-along with a community pool, RV park and storage, community garden, playground, and exercise park. Conveniently located just minutes from Granbury, Stephenville, and Weatherford, this property offers a great balance of peaceful country living. If you've been searching for a property that combines rustic charm, spectacular views, and an extraordinary shop, this Hill Country gem is one you won't want to miss.
Full Property Details
Full Property Details for 545 Compass Way
General
- Price: $698,000
- HOA FEE: $49/month
- HOA FEE FREQ.: Annually
- Taxes: $6,333
- Status: Active
- Type: Mobile Home
- Source: NTREIS
- MLS ID: 21333315
- Updated: 8/1/2026
- Added to Site: 6 day(s) ago
Interior
- Interior Features: High Speed Internet, Loft, Vaulted Ceiling(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Dishwasher, Electric Cooktop, Electric Range, Refrigerator
- Flooring: Carpet, Simulated Wood, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup
Additional Information
- Shared Pool: Yes
- Pool: Yes
- Pool Description: None, Community
Exterior
- Exterior Features: Balcony, Storage
- Porch/Patio/Deck: Deck, Balcony, Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Covered Spaces: 8
- Parking Features: Additional Parking, Covered, Electric Gate, Garage, Garage Door Opener, Kitchen Level, Paved, RV Garage, Garage Faces Side, Storage, RV Access/Parking
Location
- County: Erath
- Subdivision: Mountain Lakes
- Driving Directions: From US HWY 377 in Bluff Dale, take FM2481 (Holt St); left on Mountain Lakes Blvd; left on Compass Way. See sign on right, entry to shop is on Lakeside see sign on right.
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 Ranch Steve and Anna Baker
- Assoc. Fees Include: All Facilities, Association Management
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Aerobic Septic
- Water: Community/Coop, Rural
- Utility Description: Electricity Available, Phone Available, Septic Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Loft, Log Home
- Structure Type: Cabin
- Detached/Attached: Detached
- Construction: Log
- Roof: Metal
- Stories/Levels: 2
- Living Area: 1,345 Sq. Ft.
- Year Built: 2006
Additional Structures
- Other Structures: Outbuilding, RV/Boat Storage, Storage, Workshop
Lot Features
- Property View: Water
- Lot Size (Acres): 10.03
- Lot Size (Sq. Ft.): 436,906.8
- Lot Size Source: Assessor
- Frontage: All Weather Road, Asphalt
- Lot Features: Acreage, Back Yard, Corner Lot, Lawn, Many Trees, Subdivision
- Trees/Vegetation: Partially Wooded
- Fencing (Description): None
Water Features
- Water View: Yes
- Boat Dock Slip: Yes
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $590
- Assoc Fee Freq.: Annually
- Tax Amount: $6,333
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: AC 5.020 & 5.010 S6755 MNT LAKES SEC 1 Lot 250&251
- Disclosures/Rstr.: Deed Restriction
- Property ID: R000066968
Listed by Donaho Real Estate Group, Paula Donaho
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Schools
Schools serving 545 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 | 1 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 545 Compass Way
Date
Details
Price
Change
Source
8/01/2026
Listed
$698,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 545 Compass Way
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,997
—
$330,830
-15%
2023
$4,997
—
$390,580
-1%
2023
$4,997
-3%
$394,020
13%
2022
$5,169
38%
$347,550
45%
2021
$3,733
-1%
$239,490
7%
2020
$3,767
-1%
$224,430
1%
2019
$3,792
100%
$222,580
8%
2017
100%
$206,420
15%
2016
100%
$179,960
17%
2016
—
$153,290
—
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 545 Compass Way
545 Compass Way, Bluff Dale, TX 76433 (MLS# 21333315) is a Mobile Home property with 2 bedrooms and 2 full bathrooms. 545 Compass Way is currently listed for $698,000 and was received on August 01, 2026. Want to learn more about 545 Compass Way? Do you have questions about finding other Mobile Home 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.

