Listing provided courtesy of Prestigious HomesMLS# 21306718MLS ProviderContact Information: Michael Parker - 214-228-3586
  • 11 days on site
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Rarely does a property of this caliber become available. Spanning 19.82 deeded acres and boasting approximately 1,688 feet of lake frontage, this remarkable waterfront tract offers an extraordinary combination of acreage, privacy, and breathtaking water views. The property features both expansive open-water frontage and shoreline extending down a protected finger of the lake, creating a diverse and highly desirable waterfront setting. In addition to the deeded acreage, the property benefits from an extensive SRA leaseback area that extends toward the water, providing additional usable space, enhanced privacy, and a sense of scale that makes the property feel significantly larger than its already impressive 19.82 acres. Towering trees, abundant wildlife, and rolling terrain provide a beautiful natural backdrop, while a thoughtfully cleared homesite showcases what may be some of the most spectacular lake views available anywhere on the property. From this elevated setting, the panoramic views stretch across the water and create an ideal location for a custom lakefront residence, family compound, or private retreat. Adding to the property's appeal is an existing structure that is ready for renovation. With some updating, it could serve as the perfect weekend getaway or temporary residence while constructing your dream home and then double as a guest house once your residence is complete. A private pier is also in place and offers the opportunity for restoration, providing convenient access to the water and endless recreational possibilities. Large waterfront tracts with this amount of shoreline are becoming increasingly difficult to find. The combination of nearly 20 deeded acres, approximately 1,688 feet of lake frontage, substantial SRA leaseback acreage, open-water views, protected cove frontage, an existing structure, pier, and a premier homesite creates a truly exceptional opportunity to own one of the area's most unique and desirable waterfront properties.

Source: North Texas MLS, MLS#: 21306718

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  • Property Type
    Land
  • Lot
    19.82 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1981 Underwood 1A


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/18/2026Source: North Texas MLS Added to Database
June 18, 2026