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Property Description
TURN-KEY CEDAR CREEK LAKE INVESTMENT Rare opportunity to own a fully operational, income-producing waterfront retreat just one hour southeast of Dallas. This established Airbnb has three years of rental history, a 4.74-star guest rating, and Superhost status that transfers to the new owner. Step in and start earning from day one. Set on a huge, flat double lot in the desirable Del Mar subdivision, the property offers two separate dwellings: a 2-bedroom, 1-bath main home with fully equipped kitchen and cozy lake-view living area, plus a detached guest house studio with full bath and kitchenette, perfect for hosting extended family, accommodating larger guest groups, or capturing premium rental rates with private accommodations for up to 12. WATERFRONT FEATURES that set this property apart: private boat dock with lift for effortless launching, a community boat ramp located right next door for unmatched water access, expansive deck with stunning Cedar Creek Lake views, and a tucked-away cove location that delivers the peace and tranquility today's lake buyers are searching for. The double lot provides rare flexibility with room for outdoor entertaining, future expansion, RV or boat storage, or simply unobstructed space to enjoy lake living. Del Mar residents enjoy POA access to a community park, pavilion, and private boat ramp with fishing pier. FURNISHINGS AND BOAT WITH TRAILER NEGOTIABLE! The seller is open to packaging the home as a true lake life turnkey opportunity, including high-end touches already in place (Moccamaster coffee maker, 600 thread count linens, feather duvets, record player, Bluetooth speakers, fully stocked kitchens, family-friendly amenities). Bring your suitcase, take over the booking calendar, and start enjoying immediate cash flow. Cedar Creek is Texas's fourth-largest lake with 320 miles of shoreline, world-class bass and catfish fishing, and easy access via US-175. Showings require advance notice to work around active bookings.
Full Property Details
Full Property Details for 170 Armada Loop
General
- Price: $749,950
- HOA FEE: $21/month
- HOA FEE FREQ.: Annually
- Taxes: $7,553
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21278477
- Updated: 5/22/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, Double Vanity, High Speed Internet, Kitchen Island, Open Floorplan, Vaulted Ceiling(s), Natural Woodwork
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Wood Burning Stove
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Boat Slip, Dock, Rain Gutters
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Additional Parking, Boat, Concrete, Garage, Gravel
Location
- County: Henderson
- Subdivision: Del Mar Sub
- Driving Directions: From Hwy 198 South, turn right onto Leisure Land Rd. Continue approximately 1 mile to Del Mar entrance, turn left onto Del Mar. Left on Barcelona (street curves and becomes Cordoba). Right onto Armada Loop. Property on the right at 170 Armada Loop.
School Information
- Elem School District: Mabank ISD
- Midd School District: Mabank ISD
- High School District: Mabank ISD
- Elementary School: Central
- Middle School: Mabank
- High School: Mabank
Community
- Association: Yes
- Assoc. Name: Del Mar Owners Association
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Connected, Septic Available, Underground Utilities, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Detached
- Roof: Shingle
- Windows: Window Coverings
- Stories/Levels: 1
- Living Area: 1,250 Sq. Ft.
- Year Built: 1988
Lot Features
- Property View: Water
- Lot Size (Acres): 0.446
- Lot Size (Sq. Ft.): 19,427.76
- Lot Features: Back Yard, Lawn, Landscaped, Waterfront, Retaining Wall
- Fencing (Description): Back Yard
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Cedar Creek
- Water Front Desc.: Boat Dock/Slip, Lake Front, Waterfront
- Lake Front: Yes
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $250
- Assoc Fee Freq.: Annually
- Tax Amount: $7,553
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: LTS 362 & 363 AB 1060 M E RICHARDSON SUR, DEL
- Property ID: 25900000362058
- Lot Number: 362
Listed by LPT Realty LLC, Bobby Moats
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Schools
Schools serving 170 Armada Loop
School District:Mabank Independent School District
| Name | Grades | Distance |
|---|---|---|
Southside Elementary School, Mabank, TX 109 Paschal Blvd, Mabank, TX 75147 | K-4 | 4.3 mi |
Mabank J High School 822 West Mason Street, Mabank, TX 75147 | 7-8 | 6.4 mi |
Mabank High School 18786 E Hwy 175, Mabank, TX 75147 | 9-12 | 6.6 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 170 Armada Loop
Date
Details
Price
Change
Source
5/22/2026
Listed
$749,950
—
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 170 Armada Loop
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,271
3%
$435,106
—
2023
$7,078
—
$434,961
3%
2023
$7,078
-3%
$424,152
5%
2022
$7,321
83%
$402,830
75%
2021
$3,994
-10%
$229,860
-6%
2020
$4,440
-4%
$245,190
3%
2019
$4,621
5%
$238,010
9%
2018
$4,397
15%
$218,600
15%
2017
$3,816
—
$189,690
—
2016
$3,810
—
$189,690
—
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 170 Armada Loop
170 Armada Loop, Payne Springs, TX 75156 (MLS# 21278477) is a Single Family property with 3 bedrooms and 2 full bathrooms. 170 Armada Loop is currently listed for $749,950 and was received on May 22, 2026. Want to learn more about 170 Armada Loop? Do you have questions about finding other Single Family real estate for sale in Payne Springs? You can browse all Payne Springs real estate or contact a Coldwell Banker agent to request more information.

