When was property at 15050 Lake Paula Drive built and last sold?

The property at 15050 Lake Paula Drive was built in 1993 and last sold on Jun 22, 2015 for $720,000.

How much is this home worth?

The estimated value of the home located at 15050 Lake Paula Drive is $0.

What are some comparable homes to 15050 Lake Paula Drive?

There are currently no comparable homes to 15050 Lake Paula Drive.

Montgomery

77318

Lake Paula Estates

15050 Lake Paula Drive

Sold on Mar 31, 2026

Map

Video Tour

$1,850,000 Last Listed Price

● House - Off Market

15050 Lake Paula Drive

Willis, TX 77318

4 Beds

4 Baths

4,747 Ft²

$10,567

Est. Monthly

About This Property

Exceptionally rare 5-acre lakefront estate offering 639 feet of shoreline with direct water access, a boathouse with lift, and a fully renovated 4,041 SF main home plus 706SF guest house. Panoramic lake views from EVERY ROOM. Drive in through the 240-ft driveway under the canopy lined with mature trees to experience a taste of the silence & peace enjoyed by the owner. The open layout includes vaulted ceilings, private views of the lake, and a chef's kitchen with Viking cooktop, quartz countertops, and new appliances. The main level features two bedrooms w/ensuite baths; upstairs offers a game room, wet bar, media room, office, two additional bedrooms, & full bath. Outdoors you will find a wraparound porch, spa, pergola, gazebo-covered kitchen, fire pit, and flagstone paths. The private guest house, 30x30 metal barn, covered RV parking, and game-fenced garden w/greenhouse complete this property. This is truly a family estate to be enjoyed by generations to come.

Unit Size

4,747 Ft²

Days on Market

Land Size

5.00 acres

Price per sqft

$390

Property Type

House

Property Taxes

$1,483

HOA Dues

Year Built

1993

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Last updated: 8 months ago (HAR #67306960)

Price History

Date / Event	Date	Event
Mar 31, 2026	Sold	Premium
Sold
Feb 27, 2026	In contract	-
In contract
Feb 5, 2026	Listed by Corcoran Genesis	$1,850,000
Listed by Corcoran Genesis
Dec 18, 2025	Temporarily off market	-
Temporarily off market
Nov 16, 2025	Price Decreased	$1,950,000 ↓ $50K (2.5%)
Price Decreased
Aug 28, 2025	Listed by Corcoran Genesis	$2,000,000
Listed by Corcoran Genesis

	Exceptionally rare 5-acre lakefront estate, set in a quiet 17-home community, offers 639 feet of shoreline with direct water access, a boathouse with lift, and a fully renovated 4,041 SF main home and 706SF guest house. LAKE VIEWS FROM EVERY ROOM. Drive in through the 240-ft driveway under the canopy lined with mature trees to experience a taste of the silence & peace enjoyed by the owner. The open layout includes vaulted ceilings, panoramic lake views, and a chef’s kitchen with Viking cooktop, quartz countertops, and new appliances. The main level features two bedrooms w/ensuite baths; upstairs offers a game room, wet bar, media room, office, two additional bedrooms, & full bath. Outdoors you will find a wraparound porch, spa, pergola, gazebo-covered kitchen, fire pit, and flagstone paths. The private guest house, 30x30 metal barn, covered RV parking, and game-fenced garden w/greenhouse complete this property. This is truly a family estate to be enjoyed by generations to come.
Jun 15, 2025	Price Decreased	$2,295,000 ↓ $100K (4.2%)
Price Decreased
May 8, 2025	Listed	$2,395,000
Listed

	Exceptionally rare 5-acre lakefront estate, set in a quiet 17-home community, offers 639 feet of shoreline with direct water access, a boathouse with lift, and a fully renovated 4,041 SF main home and 706SF guest house. LAKE VIEWS FROM EVERY ROOM. Drive in through the 240-ft driveway under the canopy lined with mature trees to experience a taste of the silence & peace enjoyed by the owner. The open layout includes vaulted ceilings, panoramic lake views, and a chef’s kitchen with Viking cooktop, quartz countertops, and new appliances. The main level features two bedrooms w/ensuite baths; upstairs offers a game room, wet bar, media room, office, two additional bedrooms, & full bath. Outdoors you will find a wraparound porch, spa, pergola, gazebo-covered kitchen, fire pit, and flagstone paths. The private guest house, 30x30 metal barn, covered RV parking, and game-fenced garden w/greenhouse complete this property. This is truly a family estate to be enjoyed by generations to come.

Property Highlights

Fireplace

With View

Building Info

Overview

General

Year Built: 1993

Effective Year Built: 1993
Building Count: 3
Bedroom Count: 0
Bathroom Count: 4
Full Bathrooms: 4
Partial Bathrooms: 4
Bathroom Plumbing Fixtures: 15
Building Condition: 3
Building Quality: 1
Construction Type: 6
Building Style: 15
Exterior Walls Type: 2
Interior Walls Type: 18
Roof Shape Type: 0
Roof Cover Type: 3
Floor Count: 200
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Garage Type: 3
Garage Square Area: 1,280
Parking Space Count: 5
Patio Type: 20
Porch Type: 7
Pool Type: 0

Dimensions

Lot Size Square Feet: 217,800

Total Building Area: 4,557
Building Area: 4,557
Building Area Measurement: T

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 4,557
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: LAKE PAULA ESTATES
Land Acres: 0000005000
Standard Land Use Code: 1001
County Land Use Code: E1
State Land Use Code: E1
Legal Description 1: LAKE PAULA ESTATES, LOT 7, ACRES 5.00

Neighborhood

School District Name: Willis Independent School District

School Tax School District: LONE STAR COLLE
Census Tract: 694205

Zoning

Zoning: 4

Geography

Parcel: 6705-00-00700

Lot: 7
Municipality: UNINCORPORATED AREA
Latitude: 30.4869
Longitude: -95.5692

Address

Full Address: 15050 Lake Paula Dr

Address - House Number: 15050
Address - Street Name: Lake Paula
Address - Suffix Type: Dr
State: TX
City Name: Willis
Carrier Code: R001
4-Digit Zip Code: 7808
Zip Code: 77318

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,336,463
Tax Rate Code Area: SWI

Appraisal Valuation

Standard Deviation: 0.2207

Valuation Date: Sep 27, 2023
Confidence Score: 69
Final Value: 1,045,694
High Value: 1,276,543
Low Value: 814,844

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $968,000

Market Land Value: $375,000
Market Improvement Value: $897,010

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $968,000
Assessed Land Value: $375,000
Assessed Improvements Value: $897,010

Exemptions

Senior Citizen Exemption : Yes

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jun 22, 2015

Current Sale Recording Date: Jun 25, 2015
Current Sale Price:

Premium
Current Sale Document Type: 70
Current Sale Input Document Number: 2015060441
Previous Sale Recording Date: Feb 15, 1994
Previous Sale Contract Date: Feb 15, 1994
Previous Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Type:

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First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Lake Paula Estates

Stats & Trends

Median Asking:

$1,850,000

Sale Price/ft²

$390

Below Asking

0.01%

Average Days on Market

Average Home Size

3980 ft²

Average Home Age

23.3 years

Currently For Sale

0 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 12802 Andwood Street, Willis, TX, 77318

$1,175 /mo

2 Beds
1 Bath
1,072 ft²

12802 Andwood Street, Willis, TX, 77318 Listing by Wayne Comer

Unit for rent at 11907 Nelwood Street, Willis, TX, 77318

$1,300 /mo

3 Beds
2 Baths
1,200 ft²

11907 Nelwood Street, Willis, TX, 77318 Listing by Wayne Comer

Unit for rent at 11851 Nelwood Street, Willis, TX, 77318

$1,300 /mo

3 Beds
2 Baths
1,300 ft²

11851 Nelwood Street, Willis, TX, 77318 Listing by Wayne Comer

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Joshua Want, Corcoran Genesis
Last Updated: 8 months ago
Data Source: HAR , MLS# 67306960

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