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$475,000 Just Listed
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Property Description
Rare Deep-Water on Lake Palestine Experience the ultimate East Texas lake lifestyle in the exclusive gated community of Shadybrook on Lake Palestine. This exceptional property now includes four tracts of land, combining to offer an impressive 192 feet of deep-water shoreline a rare and highly desirable feature for boating, fishing, and year-round water access. Set on approximately 0.6 acres, this versatile lakeside retreat offers space, flexibility, and investment potential. Property Highlights: *3 Bedrooms | 2 Bathrooms Comfortable, inviting living spaces ideal for full-time living or weekend escapes. *192 of Deep-Water Shoreline Expansive waterfront access perfect for swimming, fishing, and boating in all seasons. *Private Boat Dock & Fishing Pier Step directly into the lake lifestyle from your own backyard. *Four Separate Tracts Added value, flexibility, and long-term potential. *Room to Build Ample space to live in the existing home while constructing a second residence on the property. 2*0x40 Shop with Heated & Cooled Office Quarters Complete with a full bathroom, offering incredible versatility for work, hobbies, guest overflow, or storage. *Whole-Home Propane Generator Reliable backup power for year-round peace of mind. *Short-Term Rental Friendly An outstanding opportunity for income-producing vacation rental potential. Whether you're looking for a private waterfront sanctuary, a multi-tract investment opportunity, or a property with space to expand, this Lake Palestine gem checks every box. Enjoy serene views, spectacular sunsets, and the security of gated community living all while embracing the unmatched beauty of East Texas lake life.
Full Property Details
Full Property Details for 489 Martha St
General
- Price: $475,000
- HOA FEE: $629
- Taxes: $2,171 (2025)
- Status: Active
- Type: Mobile Home
- Source: Tyler_MLS
- MLS ID: 26002842
- Updated: 3/1/2026
- Added to Site: 1 day(s) ago
Interior
- Rooms/Areas: Family Room, 1 Living Area
- Interior Features: Satellite Dish, Smoke Alarm
- Fireplace(s): None
- Appliances: Range/Oven-Electric
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: Master Bedroom Split
Other Rooms
- Family Room: Yes
- Dining Room: Den/Dining Combo
Additional Information
- Shared Amenities: Common Areas, Tennis Courts, Community Pool, Fishing, Boat Ramp, Other, Playground
- Pool Description: None
Exterior
- Exterior Features: Deck Covered
Parking
- Garage Spaces: 1
- Garage Description: Front Entry, Side Entry, Workshop Area
Location
- County: Cherokee
- Subdivision: Shadybrook
- Driving Directions: From Tyler Loop 323 Head West on FM 2493/Old Jacksonville Hwy, follow FM 346 to Shadybrook Subdivision, turn right on Caroline St, turn left onto Caroline Bend, turn right onto Wiley Dr, Wiley Dr turn left and becomes Martha Dr, house will be on your right, SIY. GPS will take you there.
School Information
- Elementary School: Bullard
- Middle School: Bullard
- High School: Bullard
Community
- Association: Yes
Heating & Cooling
- Cooling Type: Central Electric, Window Unit(s), Ceiling Fan(s)
- Heating Type: Central/Electric
- Water Heater: Standard-Electric
Utilities
- Sewer: Conventional Septic
- Water Company: Southern Utilities
Structural Information
- Architectural Style: Manufactured Housing
- Exterior Const.: Other/See Remarks
- Foundation: Pier and Beam
- Roof: Aluminum/Metal, Other/See Remarks
- Square Feet: 1,323
- Sq. Ft. Source: CCAD
- Year Built: 2004
Lot Features
- Lot Size (Acres): 0.4
- Lot Description: Water/Lakefront
- Fencing (Description): None
Water Features
- Water Front: Yes
- Water Front Name: Lake Palestine
Financial Considerations
- Association Fee: $629
- Tax Amount: $2,171
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA
Disclosures and Reports
- Special Conditions: None
Listed by The Property Shoppe - eXp Realty, LLC, Kim Houser
Get Pre-Approved Today
Schools
Schools serving 489 Martha St
School District:Bullard Independent School District
| Name | Grades | Distance |
|---|---|---|
Bullard Primary School, Bullard, TX 318 Schoolhouse Road, Bullard, TX 75757 | PK-K | 6.9 mi |
Bullard Primary School, Bullard, TX 2016 Panther Crossing, Bullard, TX 75757 | 1-2 | 7.2 mi |
Bullard Elementary School 2008 Panther Crossing, Bullard, TX 75757 | 3-4 | 7.3 mi |
Bullard Middle School 909 West Main Street, Bullard, TX 75757 | 7-8 | 6.9 mi |
Bullard High School 1426 South Houston Street, Bullard, TX 75757 | 9-12 | 7.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 489 Martha St
Date
Details
Price
Change
Source
3/01/2026
Listed
$475,000
—
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 489 Martha St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$117
—
$249,270
33%
2021
$117
—
$187,300
37%
2021
$117
—
$136,510
7%
2021
$117
—
$127,490
—
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 489 Martha St
489 Martha St, Bullard, TX 75757 (MLS# 26002842) is a Mobile Home property with 3 bedrooms and 2 full bathrooms. 489 Martha St is currently listed for $475,000 and was received on March 01, 2026. Want to learn more about 489 Martha St? Do you have questions about finding other Mobile Home real estate for sale in Bullard? You can browse all Bullard real estate or contact a Coldwell Banker agent to request more information.

