About This Home

This 3-bedroom, 2-bathroom single family at 708 Lakeshore Drive in Little Elm, TX is listed for $578,000 ($330 per sqft). Built in 1954, the home offers 1,750 sqft of living space on a 0.58 acres lot.

Key Features

  • Built in 1954
  • 0.58 acre lot
  • Fireplace

Property Details

1 story
2 full
1954

Amenities

FireplaceView
Listing Description

Beautiful lake view property without the lakefront prices! This adorable farmhouse was moved to this location in 1954, around the time the lake was filled for the final phase. Currently used as a rental and family lake house, it is offered fully furnished, with a few exceptions.

As a top rated Little Elm STR, this could be a great source of income, as it stays booked most of the year. Guests love the antiquity of the home, the peaceful setting, the shaded front porch and deck, and at almost .6 acres, everyone appreciates the massive yard.

The green space across the street includes lush walking trails and beaches. The peaceful cove across from the property is home to ducks, herons, and deer. Local fish enthusiast say it is one of the best fishing spots on the lake, and it is just a stone's throw from the property line.

The home is updated and meticulously maintained. Previous owners completed kitchen and bath remodels in 2019. The bunky room was completed in 2025, and the entire home was painted, inside and out, in 2026. Most of the wood flooring is original to the house.

There are three out buildings on the property. The shed in the dog run, is in good condition for storage but would also make a fun dog house. The workshop is attached to the carport and has open storage on one end for lawn equipment and ample enclosed space for tinkering.

The Yacht Club is a separate storage facility for various kayaks, paddles, oars, and life vests. Buyers are responsible for verifying ALL information. Property is currently a working vacation rental with some bookings. All future bookings have been blocked, but there may be guests, so for their comfort, showings may be restricted. Please see Transaction Desk for list of restricted dates, for exclusions and inclusions.

Monthly Cost Estimate

$3,091/mo

20% down · 6.5% · 30 years

Principal$418
Interest$2,505
Insurance$169

Estimates only. Actual payments may vary.

Location

708 Lakeshore Drive

Little Elm, TX 75068

Jim Elbert Sec 1

Features & Amenities

Interior Features

DecorativeDesignerLightingFixturesDoubleVanityPanelingWainscotingWalkInClosets

Property Details

Flooring

TileWood

Views

WaterPark

Outdoor Features

Deck

Parking

OversizeCarport

Appliances

DryerDishwasherElectricRangeElectricWaterHeaterDisposalIceMakerMicrowaveRefrigeratorWasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 708 Lakeshore Drive is listed at $578,000 ($330/sqft). The estimated monthly payment is $3,092 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1954, 0.58 acre lot, Fireplace. Interior Features: DecorativeDesignerLightingFixtures, DoubleVanity, PanelingWainscoting.

This property is listed by Suzi Petroff.

SP

Suzi Petroff

Agent at HomeSmart Stars

Listed by HomeSmart Stars · Broker phone: (972) 798-5333 · View on Broker Site · Broker website

MLS# 21360811· Source: North Texas Real Estate Information Systems, Inc.· 2 days on PropertySimple

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.

708 Lakeshore Drive, Little Elm, TX 75068

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