Lake Athens Retreat is a rare, income-producing asset located just 90 minutes from Dallas, offering 14.5± acres with multiple income streams and expansion potential. The property features a fully renovated 4-bedroom, 3-bath main residence (~2,200 SF) which is currently owner occupied, with an additional three high-performing short-term rental units, two RV pads with water and electric hookups, a solar-equipped ICF workshop, laundry/well house, and additional storage structures.
The current owner occupies the main home, which could generate approximately $300 per night as a short-term rental based on local comps and seasonal demand. If fully utilized, this adds significant upside to the existing ~$85,000 annual income.
The property has no short-term rental restrictions and sits just minutes from Lake Athens Marina, the Texas Freshwater Fisheries Center, and Tara Vineyard & Winery. The gently rolling terrain and partially wooded acreage offer room to add cabins, RV pads, or a boutique retreat concept.
Recent upgrades include a 2024 full renovation of the main residence and a 38x31 solar-powered workshop with a 40-panel system and 30kW battery (installation scheduled for March 2025). The property is actively listed on Airbnb, VRBO, and Google, with strong reviews and growing exposure.
Ideal for hospitality operators, STR investors, or buyers seeking a scenic family compound with passive income. Showings by appointment only. Please do not disturb guests.