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$699,000 Just Listed
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Property Description
2 ACRE LOTS - GATED COMMUNITY - LAKE VIEWS - NEARBY MARINA & BOAT LAUNCHES - NO CITY TAXES. Palomino Bay contains 23 two-acre lots inside an exclusive gated community. Located along the shoreline of Lake Ray Roberts in Sanger, you are just across the street from the local marina and public boat launch! Come and pick out your custom homesite for your dream home before they are all sold! Lot 9 is on the largest peninsula on the property, which places you on a quiet culdesac with sweeping view of the lake! Could be combined with Lot 10 next door, for a 4-acre estate!
Full Property Details
Full Property Details for 1040 Waters Edge Dr
General
- Price: $699,000
- HOA FEE: $208/month
- HOA FEE FREQ.: Annually
- Taxes: $2,467
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21269745
- Updated: Today (5/13/2026)
- Added to Site: Today
Location
- County: Denton
- Subdivision: Palomino Bay Add
- Driving Directions: Drive north on North 5th St I 35 Bus. Right to West Chapman Drive FM 455. Continue on FM 455. Left to Farm-to-Market Road 1190 FM 1190. Left to Jones Road. Property is on the left.
School Information
- Elem School District: Sanger ISD
- Midd School District: Sanger ISD
- High School District: Sanger ISD
- Elementary School: Butterfield
- Middle School: Sanger
- High School: Sanger
Community
- Association: Yes
- Assoc. Name: Globolink
- Assoc. Fees Include: Maintenance Grounds
Utilities
- Sewer: Aerobic Septic, Private Sewer, Septic Tank
- Water: Private
- Utility Description: Electricity Available, Electricity Connected, Propane, Sewer Available, Septic Available, Sewer Not Available, Underground Utilities, Water Available
Structural Information
- Detached/Attached: Detached
Lot Features
- Lot Size (Acres): 2.4
- Lot Size (Sq. Ft.): 104,544
- Lot Size Source: Owner
- Frontage: Private Road
- Topography: Hill
- Lot Features: Acreage, Agricultural, Back Yard, Cleared, Corner Lot, Cul-De-Sac, Backs to Greenbelt/Park, Greenbelt, Lawn, Landscaped, Level, Pond on Lot, Rolling Slope
- Development Status: Site Plan Approved
- Potential Use: Agricultural, Investment, Pasture, Ranch, Residential, Recreational, Single Family, Unimproved, Vacant
- Zoning: AG
Water Features
- Water Front: Yes
- Water Front Desc.: Beach Front, Lake Front, River Front
- Lake Front: Yes
Financial Considerations
- Association Fee: $2,500
- Assoc Fee Freq.: Annually
- Tax Amount: $2,467
- Terms: Cash, Conventional, FHA, Other, VA Loan
Disclosures and Reports
- Legal Description: PALOMINO BAY ADDITION BLK A LOT 9
- Property ID: R1046586
- Block: A
- Lot Number: 9
Listed by Beycome Brokerage Realty LLC, Steve Koleno
Get Pre-Approved Today
Schools
Schools serving 1040 Waters Edge Dr
School District:Sanger Independent School District
| Name | Grades | Distance |
|---|---|---|
Butterfield Elementary School 291 Indian Lane, Sanger, TX 76266 | PK-5 | 3 mi |
Sanger Sixth Grade Center 508 North 7th Street, Sanger, TX 76266 | 6- | 3.9 mi |
Sanger Middle School 105 North Berry Street, Sanger, TX 76266 | 7-8 | 4.5 mi |
Sanger High School 100 Indian Lane, Sanger, TX 76266 | 9-12 | 3 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 1040 Waters Edge Dr
Date
Details
Price
Change
Source
5/13/2026
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1040 Waters Edge Dr
1040 Waters Edge Drive, Sanger, TX 76266 (MLS# 21269745) is a Lots/Land property with a lot size of 2.4 acres. 1040 Waters Edge Drive is currently listed for $699,000 and was received on May 13, 2026. Want to learn more about 1040 Waters Edge Drive? Do you have questions about finding other Lots/Land real estate for sale in Sanger? You can browse all Sanger real estate or contact a Coldwell Banker agent to request more information.

