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$725,000
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Property Description
Experience lakefront living at its finest in this 1,700 square foot, 3-bedroom, 2 bath wide-open waterfront home, where breathtaking open water views set the stage for unforgettable sunrises thanks to its desirable East-facing orientation. Wake up each morning to shimmering light across the water and enjoy cooler, shaded evenings-perfect for relaxing or entertaining by the lake. This well-maintained home offers the ideal blend of peaceful seclusion and convenient access to some of the area's most popular destinations. Spend weekends wine tasting at Triple-N Ranch Winery, enjoying dining at The Whistle Stop Restaurant, or savoring upscale cuisine at Fig's Steakhouse & Backyard. Local favorites like Plowboys Restaurant are just a short drive away, offering that classic small-town charm and comfort food. When you're ready to explore beyond the lake, you're conveniently located near the vibrant communities of Athens and Corsicana, where you'll find shopping, entertainment, and additional dining options. Whether you're looking for a weekend retreat or a full-time waterfront escape, this property delivers the perfect combination of location, lifestyle, and lakefront beauty. Recent updates include: Bathrooms and Kitchen & New HVAC (2025), New deck (2024), and LVP flooring (2021). The successful purchaser will have option to buy an additional off-water lot, located directly across the street from the waterfront - perfect for permitted structures (GEO# 3245.0000.5920.60).
Full Property Details
Full Property Details for 238 Matador Ranch Rd
General
- Price: $725,000
- HOA FEE: $4/month
- HOA FEE FREQ.: Annually
- Taxes: $6,306
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21237017
- Updated: 5/7/2026
- Added to Site: 51 day(s) ago
Interior
- Interior Features: Cathedral Ceiling(s), Granite Counters, High Speed Internet, Pantry, Cable TV
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Electric
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Water Softener
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup, Other
Exterior
- Exterior Features: Boat Slip, Rain Gutters
Parking
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Additional Parking, Concrete, Driveway, Paved
Location
- County: Henderson
- Subdivision: Key Ranch Estates #2
- Driving Directions: From Seven Points, TX take SH 274 to Key Ranch Rd; Take Key Ranch Rd left to Loving Ranch Rd, Take Loving Ranch Rd left to Matador Ranch Rd, Take Matador Ranch Rd to property on left - sign in yard.
School Information
- Elem School District: Malakoff ISD
- Midd School District: Malakoff ISD
- High School District: Malakoff ISD
- Elementary School: Tool
- Middle School: Malakoff
- High School: Malakoff
Community
- Association: Yes
- Assoc. Name: Key Ranch Estates POA
- Assoc. Fees Include: All Facilities
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Aerobic Septic
- Cable Available: Yes
- Utility Description: Municipal Utilities, Septic Available, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick, Frame
- Roof: Composition
- Living Area: 1,692 Sq. Ft.
- Year Built: 1970
Lot Features
- Property View: Water
- Lot Size (Acres): 0.374
- Lot Size (Sq. Ft.): 16,291.44
- Lot Size Source: Assessor
- Lot Dimensions: 80 x 248
- Lot Features: Back Yard, Cul-De-Sac, Lawn, Waterfront, Retaining Wall
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Cedar Creek
- Water Front Desc.: Lake Front, Waterfront
- Lake Front: Yes
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $50
- Assoc Fee Freq.: Annually
- Tax Amount: $6,306
- Terms: Cash, Conventional, Other
Disclosures and Reports
- Legal Description: LT 602 AB 608 J PING SUR, KEY RANCH ESTATES #
- Disclosures/Rstr.: Deed Restriction, Municipal Utility District Disclosure
- Property ID: 3245.0000.6020.60
- Lot Number: 602
Listed by Ebby Halliday Realtors, Janice Haney
Get Pre-Approved Today
Schools
Schools serving 238 Matador Ranch Rd
School District:Malakoff Independent School District
| Name | Grades | Distance |
|---|---|---|
Tool Elementary School 1201 South Tool Drive, Tool, TX 75143 | PK-5 | 5.6 mi |
Malakoff Middle School 106 N Cedar, Malakoff, TX 75148 | 6-8 | 6.5 mi |
Malakoff High School 15201 Fm 3062, Malakoff, TX 75148 | 9-12 | 4.8 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 238 Matador Ranch Rd
Date
Details
Price
Change
Source
5/07/2026
Price Reduced
$725,000
-4.48%
MLS
4/14/2026
Price Increased
$759,000
32%
MLS
4/13/2026
Listed
$575,000
—
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 238 Matador Ranch Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,049
1%
$436,971
—
2023
$6,007
—
$436,843
3%
2023
$6,007
-7%
$423,973
7%
2022
$6,466
35%
$395,130
47%
2021
$4,788
7%
$268,300
3%
2020
$4,493
1%
$259,680
5%
2019
$4,460
3%
$248,250
6%
2018
$4,325
1%
$234,220
1%
2017
$4,298
—
$232,760
—
2016
$4,291
—
$232,760
—
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 238 Matador Ranch Rd
238 Matador Ranch Road, Trinidad, TX 75163 (MLS# 21237017) is a Single Family property with 3 bedrooms and 2 full bathrooms. 238 Matador Ranch Road is currently listed for $725,000 and was received on April 13, 2026. Want to learn more about 238 Matador Ranch Road? Do you have questions about finding other Single Family real estate for sale in Trinidad? You can browse all Trinidad real estate or contact a Coldwell Banker agent to request more information.

