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$699,900
62 Days On Site

1505 Kanakoa * Drive S
Tool, TX 75143

For Sale|Business|Active
0
Beds
0
Total Baths
2,400
SqFt
$292
/SqFt
1980
Built
Subdivision:
Paradise Bay
County:
Henderson

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1505 Kanakoa * Drive S1505 Kanakoa * Drive S1505 Kanakoa * Drive S1505 Kanakoa * Drive S
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GREAT CAP RATE Pro Forma! VRBO Rental Opportunity! This Spacious lake retreat situated on large tree shaded lot with wonderful lake views on the water will attract the best of the best Vacation, Rental, Hospitality. This is turnkey project. All furnishings, dishes, appliances, fishing equipment, even a large Bay liner Ski or Fishing boat comes with the property. EVERYTHING is there for an investor to immediately start booking rooms. This well maintained 3 bedroom 3 bath home is the perfect getaway and will sleep up to 15 comfortably. The home features 2 living areas and 2 master bedrooms. Rustic finish out with wood floors, exposed beams, and roughed cedar ceiling. Open concept with lots of windows on the lake side. Kitchen offers solid surface counter tops, tile back splash, double ovens and breakfast bar. The upstairs master bedroom offers a separate room currently being used as bunk room or fourth bedroom. Great outdoor entertaining area with wrap around porch plus outdoor dining area and built in grilling area! Great boathouse with power lift for a boat and jet ski with remote operation. All covered along with lake pump and sprinkler system for the entire yard. Lots of space to park on the large concrete drive. This lake house comes furnished plus a great boat to enjoy the lake life!

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Listing Snapshot
Price 
$699,900
Days On Site 
62 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,400 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.326 Acres
Year Built 
1980
MLS® Number 
20916321
Status 
Active
Property Tax 
$7,985
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 weeks agoPrice changed to $699,900
2 months agoListing first seen on site
General Features
Acres 
0.326
Foundation 
Pillar/Post/Pier
Number Of Stories 
2
Parking 
ConcreteDrivewayOn SiteOutsideOversized
Property Sub Type 
Business
Special Circumstances 
Standard
SqFt Total 
2400
Water Source 
Public
Zoning 
Lake Property
Interior Features
Cooling 
Ceiling Fan(s)Central AirElectric
Flooring 
Carpet
Heating 
CentralElectricHeat Pump
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Exterior Features
Construction Details 
Vinyl Siding
Lot Features 
Few TreesInterior LotSubdividedWaterfront
Roof 
Composition
View 
Water
Waterfront 
Yes
Waterfront Features 
Lake Front
Waterview 
Water
Community Features
Financing Terms Available 
Lease PurchaseOwner Will Carry
Listing courtesy of Paul Ruth of RE/MAX Dallas Suburbs [email protected]



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Last checked: 2025-06-27 09:03 AM CDT

Neighborhood & Commute
Source: Walkscore
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