Lake Athens Retreat
Income-Producing Lake Retreat with Expansion Potential | 3 STRs + Main Home + RV Pads on 14.5 Acres
Marketing description
Lake Athens Retreat is a rare, income-producing asset located just 90 minutes from Dallas, offering 14.5± acres with multiple income streams and expansion potential. The property features a fully renovated 4-bedroom, 3-bath main residence (~2,200 SF) which is currently owner occupied, with an additional three high-performing short-term rental units, two RV pads with water and electric hookups, a solar-equipped ICF workshop, laundry/well house, and additional storage structures.
Ideal for hospitality operators, STR investors, or buyers seeking a scenic family compound with passive income. Showings by appointment only. Please do not disturb guests.
Investment highlights
The current owner occupies the main home, which could generate approximately $300 per night as a short-term rental based on local comps and seasonal demand. If fully utilized, this adds significant upside to the existing ~$85,000 annual income.
The property has no short-term rental restrictions and sits just minutes from Lake Athens Marina, the Texas Freshwater Fisheries Center, and Tara Vineyard & Winery. The gently rolling terrain and partially wooded acreage offer room to add cabins, RV pads, or a boutique retreat concept.
Recent upgrades include a 2024 full renovation of the main residence and a 38x31 solar-powered workshop with a 40-panel system and 30kW battery (installation scheduled for March 2025). The property is actively listed on Airbnb, VRBO, and Google, with strong reviews and growing exposure.
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