About This Home

This 3-bedroom, 2-bathroom single family at 170 Armada Loop in Payne Springs, TX is listed for $649,950 ($520 per sqft). Built in 1988, the home offers 1,250 sqft of living space on a 0.45 acres lot.

Key Features

  • Built in 1988
  • 0.45 acre lot
  • Fireplace
  • Waterfront

Property Details

1 story
2 full
2-car garage
1988

Amenities

FireplaceWaterfrontViewA/CRV Parking
Listing 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, acc

ommodating 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.

Monthly Cost Estimate

$3,726/mo

20% down · 6.5% · 30 years

Principal$470
Interest$2,816
Insurance$190
HOA$250

Estimates only. Actual payments may vary.

Location

170 Armada Loop

Payne Springs, TX 75156

Del Mar Sub

Features & Amenities

Interior Features

DecorativeDesignerLightingFixturesDoubleVanityHighSpeedInternetKitchenIslandOpenFloorplanVaultedCeilingsNaturalWoodwork

Exterior Features

BoatSlipDockRainGutters

Property Details

Flooring

Tile

Views

Water

Outdoor Features

Deck

Parking

BoatGarage

Heating

Central

Cooling

Central Air

Appliances

DishwasherElectricRangeElectricWaterHeaterDisposal

Questions & Answers

This 3-bedroom, 2-bathroom single family at 170 Armada Loop is listed at $649,950 ($520/sqft). The estimated monthly payment is $3,727 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $250/month.

Key features include: Built in 1988, 0.45 acre lot, Fireplace, Waterfront. Interior Features: DecorativeDesignerLightingFixtures, DoubleVanity, HighSpeedInternet. Exterior Features: BoatSlip, Dock, RainGutters.

This property is listed by Bobby Moats.

BM

Bobby Moats

Agent at LPT Realty LLC

Listed by LPT Realty LLC · Broker phone: (877) 366-2213 · View on Broker Site

MLS# 21278477· Source: North Texas Real Estate Information Systems, Inc.· Added to PropertySimple today

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

170 Armada Loop, Payne Springs, TX 75156

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