489 Martha Street
Bullard, TX 75757
$449,000
3 bd · 2 ba · 1,323 sq ft · 0.6 ac
What it costs to own
About this home
Deep-Water on Lake Palestine, Shadybrook Gated Community
There's lake life — and then there's this.
Tucked inside the exclusive gated community of Shadybrook on Lake Palestine, this exceptional East Texas retreat offers something that serious water lovers spend years searching for: 192 feet of deep-water shoreline. That's not a detail. That's a lifestyle.
Spanning approximately 0.6 acres across four separate tracts, this property delivers rare flexibility alongside stunning waterfront living. Whether you're casting a line from your private fishing pier, launching from your own boat dock, or simply watching the sun melt into the lake at the end of the day, this is the kind of place that makes every season feel like vacation.
The main home offers 3 bedrooms and 2 bathrooms — comfortable and inviting whether you're settling in full-time or escaping for the weekend. And the possibilities don't stop there. With four tracts combined, there's ample room to build a second residence while living in the existing home, making this as strong an investment as it is a retreat.
The impressive 20x40 shop with heated and cooled office quarters and a full bathroom adds another layer of versatility — think guest overflow, a creative studio, a home office, or the ultimate hobby space. A whole-home propane generator ensures you're never at the mercy of the grid, and the property's short-term rental-friendly status opens the door to serious income-producing potential.
Gated security. Deep water. Room to grow. East Texas at its absolute finest.
This is the one you don't wait on.
The details

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Listing courtesy of The Property Shoppe - eXp Realty, LLC — Kim Houser.

Where it is

Robert & StephenInk Realty GroupWant the full story on this home?
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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21404668. Information last updated October 7, 2026.
Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.
Ink Realty Group is brokered by eXp Realty.
Ink Realty Group
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