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170 Armada Loop, Payne Springs, Texas– $649,950
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  • 3 Beds
  • 2 Baths
  • 1,250 Sqft
  • 2 Garages
  • .45 Acres
  • 1988 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • 3 Beds
  • 2 Baths
  • 1,250 Sqft
  • 2 Garages
  • .45 Acres
  • 1988 Year Built
  • Study
  • Game Room
  • Media
  • Pool

170 Armada Loop
Payne Springs, Texas 75156-9160

County: Henderson Del Mar Sub

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, accommodating 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.

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Tax Value @ 100% of Sales Price, HOA Included
Tax Value @ 85% of Market Value, HOA Not Included

Essential Information

  • Price$649,950
  • Est. Payment /m
  • Reduced By$100,000
  • Cumulative Days on MarketUnlock
  • MLS® #21278477
  • Bedrooms3
  • Bathrooms2.00
  • Square Footage1,250
  • Acres0.45
  • Year Built1988
  • Built Desc.Preowned
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive
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Quick Valuation Analysis from 8 Active and 7 Sold Listings

Pricing Trends from 8 Active Listings in Del Mar Sub

This Home's Price $649,950 This Home's Price Per SqFt $
Average Price $359,156 Average Price Per SqFt $
Highest Price $649,950 Highest Price Per SqFt $
Lowest Price $199,000 Lowest Price Per SqFt $

Pricing Trends from 7 Sold Listings in Del Mar Sub

This Home's Price $649,950 This Home's Price Per SqFt $
Average Price $230,113 Average Price Per SqFt $
Highest Price $288,000 Highest Price Per SqFt $
Lowest Price $139,900 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address170 Armada Loop
  • SubdivisionDel Mar Sub
  • CityPayne Springs
  • CountyHenderson
  • StateTexas
  • Zip Code75156-9160
  • HOAVoluntary
  • HOA Fees$250
  • HOA Fees FrequencyAnnually
  • FeaturesFishing, Lake, Park, Pickle Ball Court, Playground
  • UtilitiesCity Water, Electricity Connected, Septic, Underground Utilities
  • Taxes7553

Amenities

  • SecuritySmoke Detector(s)
  • # of Garages2
  • GaragesAdditional Parking, Boat, Concrete, Garage, Gravel
  • WaterfrontYes
  • WaterfrontDock – Covered, Lake Front, Retaining Wall – Other, Retaining Wall – Steel

Interior

  • Interior FeaturesDecorative Lighting, Double Vanity, High Speed Internet Available, Kitchen Island, Natural Woodwork, Open Floorplan, Vaulted Ceiling(s)
  • FloorsTile
  • FireplaceYes
  • # of Fireplaces1
  • FireplacesLiving Room, Wood Burning Stove

Exterior

  • Exterior FeaturesBoat Slip, Dock, Rain Gutters
  • FenceBack Yard
  • Lot DescriptionLandscaped, Lrg. Backyard Grass, Water/Lake View, Waterfront

Construction Details / Floorplan

  • Living Areas1
  • Dining Rooms1
  • Full Baths2
  • RoofShingle

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingCentral

Private Listing Information (Registration Required)

Listing Details

  • AgentBobby Moats
  • OfficeLpt Realty, Llc

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Listing information last updated on November 9th, 2026 at 12:32am CST.