When was property at 501 Lake Shore Road built and last sold?

The property at 501 Lake Shore Road was built in 1967 and last sold on Dec 15, 2023 for $262,802.

How much is this home worth?

The estimated value of the home located at 501 Lake Shore Road is $262,600.

What are some comparable homes to 501 Lake Shore Road?

There are currently no comparable homes to 501 Lake Shore Road.

Shady Shores

76208

501 Lakeshore Road

Map

$260,000

● House - Off Market

501 Lakeshore Road

Shady Shores, TX 76208

1 Bed

1 Bath

696 Ft²

$1,467

Est. Monthly

About This Property

Unique opportunity to live in your own picturesque Disney Style Cottage within walking distance of Lake Lewisville! This one of a kind property constructed by a German stonemason houses a cozy living space, perfect for a small family or investor searching for a rental property. The entryway features a turret with vaulted ceilings, which leads into the studio-style living space with the original fireplace and stonework. Outside, the home sits on a spacious corner lot with easy lake access, space for boat or RV parking, and plenty of large oak trees and wildflowers.

Unit Size

696 Ft²

Days on Market

Land Size

0.34 acres

Price per sqft

$374

Property Type

House

Property Taxes

$190

HOA Dues

Year Built

1967

Payment Calculator

Cap Rate Calculator

Last updated: 15 days ago (NTREIS #21343006)

Price History

Date / Event	Date	Event
Oct 22, 2026	No longer available	-
No longer available
Sep 28, 2026	Relisted	$260,000
Relisted
Sep 22, 2026	In contract	-
In contract
Sep 2, 2026	Price Decreased	$260,000 ↓ $10K (3.7%)
Price Decreased
Jul 27, 2026	Listed by Christie's Lone Star	$270,000
Listed by Christie's Lone Star
Dec 15, 2023	Sold	Premium
Sold
Sep 15, 2023	Listed by Coldwell Banker Realty Plano	$260,000
Listed by Coldwell Banker Realty Plano

	Here is your chance to make this special home yours! Back on market due to buyer financing & priced BELOW appraisal. Step into instant equity with THE HOBBIT HOUSE! This picturesque gingerbread cottage is pulled right out of a storybook. Crafted by a German stonemason & tucked away beneath beautiful oak trees. Unique entryway features turret w vaulted ceilings & stone star inlay. Original brick fireplace & stone flooring. Updates include new standing seam metal roof, tankless hot water heater, AC unit, kitchen cabinets & countertops, windows, remodeled bath & fresh paint throughout. Can be sold fully furnished & short-term rental approved, this unique property is ready to generate passive income! Huge corner lot w plenty of room for boat & RV, just seconds away from Lake Lewisville & Big Sandy Boat Ramp. Imagine the endless potential of this adorably cozy & magical storybook cottage!
Sep 8, 2023	No longer available	-
No longer available
Aug 29, 2023	Listed by Niles Realty Group	$275,000
Listed by Niles Realty Group

	Located right next to Lake Lewisville, 501 Lakeshore Rd in Denton, TX, offers a comfortable 696 sq ft home nestled on a sprawling .3425-acre lot, offering both a pleasant living space and abundant room for expansion. Embrace the generous space and envision the lakeside lifestyle you've always wanted! Buyer and buyer's agent to verify all information contained in this listing. Information deemed reliable but buyer to verify. The manager has listed the unit size as 696 square feet.

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1967

Effective Year Built: 1990
Building Count: 1
Bedroom Count: 0
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 3
Interior Walls Type: 3
Roof Shape Type: 1
Roof Cover Type: 3
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 14,921

Lot Size Depth Feet: 10
Lot Size Frontage Feet: 149,210
Total Building Area: 696
Gross Building Area: 696
Building Area: 696
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 24
Heated Square Feet: 696
Heating Fuel Type: 3

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Subdivision: SHADY SHORES
Land Acres: 0000000343
Standard Land Use Code: 1001
County Land Use Code: A1
State Land Use Code: A1
Legal Description 1: SHADY SHORES BLK 7 LOT 1-11 EAVES B AB 388

Neighborhood

School District Name: Denton Independent School District

Census Tract: 021412

Geography

Assessors Map Reference: 529-W

Parcel: R20497
Block: 7
Lot: 1-11
Municipality: TOWN OF SHADY SHORES
Latitude: 33.1656
Longitude: -97.0312

Address

Full Address: 501 Lakeshore Rd

Address - House Number: 501
Address - Street Name: Lakeshore
Address - Suffix Type: Rd
State: TX
City Name: Denton
Carrier Code: R021
4-Digit Zip Code: 7041
Zip Code: 76208

Valuation

Tax

Tax Year: 2023

Tax Amount: $184,108
Tax Rate Code Area: S05

Appraisal Valuation

Standard Deviation: 0.1689

Valuation Date: Jan 17, 2024
Confidence Score: 78
Final Value: 263,558
High Value: 308,090
Low Value: 219,027

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $111,683

Market Land Value: $67,402
Market Improvement Value: $44,281

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $111,683
Assessed Land Value: $67,402
Assessed Improvements Value: $44,281

Sales

Current Sale Contract Date: Dec 15, 2023

Current Sale Recording Date: Dec 18, 2023
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 132770
Previous Sale Recording Date: Sep 12, 2019
Previous Sale Contract Date: Sep 12, 2019
Previous Sale Amount: $142,500
Previous Sale Document Type: 70

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

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

Request mortgage information redaction

Comparables

About Shady Shores

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$218

Below Asking

0.03%

Average Days on Market

Average Home Size

3163 ft²

Average Home Age

17.9 years

Currently For Sale

19 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 540 Diamond Point Drive, Oak Point, TX, 75068

$7,900 /mo

4 Beds
3 Baths
4,474 ft²

540 Diamond Point Drive, Oak Point, TX, 75068 Listing by Tamila Fathi

Unit for rent at 890 Topaz Lane, Oak Point, TX, 75068

$4,500 /mo

4 Beds
4 Baths
4,091 ft²

890 Topaz Lane, Oak Point, TX, 75068 Listing by Sharmy McDonald

Unit for rent at 501 Lakeshore Road, Shady Shores, TX, 76208

$1,700 /mo

1 Bed
1 Bath
696 ft²

501 Lakeshore Road, Shady Shores, TX, 76208 Listing by Colin Monaco

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Jansen Klefeker, Christie's Lone Star
Last Updated: 15 days ago
Data Source: NTREIS MLS, MLS# 21343006
Details provided by NTREIS and may not match the public record