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Property Description
Rarely does a property offer the perfect balance of lake lifestyle and investment potential. This renovated 4-bedroom, 3.5-bath residence sits on two parcels totaling approximately one-half acre, offering expansive lake views from every primary living space and a proven history as a high-performing short-term rental. Designed with modern comfort and timeless appeal, the home features an open, light-filled interior with large picture windows that frame the surrounding natural beauty, creating a turnkey property that is equally suited as a private lakeside retreat, full-time residence, or income-producing investment. Outdoor living is equally impressive, with a spacious deck built around a mature shade tree, a hot tub, fire pit, grilling area, and direct access to kayaking, fishing, and all the recreational opportunities of lake living. Ideally located just 5 minutes from Little Elm Beach and the public boat ramp, 30 minutes from DFW International Airport, and 35 minutes from Dallas Love Field, the property offers convenient access while maintaining the serenity of a true lakeside escape. The surrounding neighborhood is one of the area's most desirable hidden gems, where charming original lake cottages blend seamlessly with beautifully renovated and newly constructed homes. This evolving waterfront community offers enduring character, strong appreciation potential, and an authentic lake-town atmosphere. An established and professionally managed short-term rental, the property maintains approximately 65% occupancy and consistently attracts vacationing families as well as guests attending events at the 10+ nearby wedding venues. Proven Rental Performance:"¢ 2024 Gross Bookings: $131,357"¢ 2025 Gross Bookings: $124,907 Whether you're seeking a turnkey investment with immediate cash flow, a fun vacation home, or a primary residence with the opportunity to generate supplemental income, this exceptional lakefront property presents a truly rare opportunity.
Full Property Details
Full Property Details for 457 Two Pines Ln
General
- Taxes: $6,167
- Status: Closed
- Type: Single Family
- Source: NTREIS
- MLS ID: 21257701
- Added to Site: 85 day(s) ago
Interior
- Interior Features: Built-in Features, Decorative/Designer Lighting Fixtures, Double Vanity, High Speed Internet, Kitchen Island, Multiple Master Suites, Open Floorplan, Pantry, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
- Flooring: Ceramic Tile, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, Laundry in Utility Room
Additional Information
- Security/Safety: Prewired, Smoke Detector(s)
Exterior
- Exterior Features: Lighting, Outdoor Living Area, Private Yard
- Porch/Patio/Deck: Rear Porch, Deck, Patio
Parking
- Garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Additional Parking, Boat, Concrete, Covered, Driveway, Garage Faces Front, Garage, Golf Cart Garage, Lighted, Oversized
Location
- County: Denton
- Subdivision: Bc Shahan
- Driving Directions: GPS
School Information
- Elem School District: Little Elm ISD
- Midd School District: Little Elm ISD
- High School District: Little Elm ISD
- Elementary School: Oak Point
- Middle School: Lakeside
- High School: Little Elm
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Cable Available: Yes
- Utility Description: Septic Available, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Wood Siding
- Roof: Composition
- Windows: Window Coverings
- Stories/Levels: 2
- Living Area: 2,717 Sq. Ft.
- Year Built: 1984
Additional Structures
- Other Structures: Garage(s), Gazebo, Shed(s), Storage
Lot Features
- Property View: Water
- Lot Size (Acres): 0.529
- Lot Size (Sq. Ft.): 23,043.24
- Lot Size Source: Public Records
- Lot Features: Interior Lot, Many Trees, Waterfront
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Lake Front, Waterfront
- Lake Front: Yes
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $6,167
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: A1169A B.C. SHAHAN, TR 22 & 23, .348 ACRES, OLD DC
- Property ID: R45646
Listed by Christie's Lone Star, Christine Crandall Hamparyan
Sold by Fathom Realty, Shalini Sharma
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Schools
Schools serving 457 Two Pines Ln
School District:Little Elm Independent School District
| Name | Grades | Distance |
|---|---|---|
Oak Point Elementary School 401 Shahan Prairie Road, Oak Point, TX 75068 | PK-5 | 3.3 mi |
Jerry R Walker Middle 633 French Settlement Road, Little Elm, TX 75068 | 6-8 | 1.7 mi |
Little Elm High School 1900 Walker Lane, Little Elm, TX 75068 | 9-12 | 5.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
457 2 Pines Lane, Little Elm, TX 75068 (MLS# 21257701) is a Single Family property that was sold on July 30, 2026. Want to learn more about 457 2 Pines Lane? Do you have questions about finding other Single Family real estate for sale in Little Elm? You can browse all Little Elm real estate or contact a Coldwell Banker agent to request more information.

