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General Description
minimize*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!
Rooms/Lot Dimensions
Interior Features
Exterior Features
Additional Information
Listing Broker:
Coldwell Banker Realty PlanoSource
Property Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $160.46 | $111,683 | 13.34% | $111,683 | 13.34% |
| 2022 | $141.57 | $98,534 | 32.04% | $98,534 | 32.04% |
| 2021 | $107.22 | $74,623 | -2.89% | $74,623 | -2.89% |
| 2020 | $110.41 | $76,845 | -0.95% | $76,845 | -0.95% |
| 2019 | $111.47 | $77,584 | -1.87% | $77,584 | -1.87% |
| 2018 | $113.60 | $79,066 | 1.68% | $79,066 | 1.68% |
| 2017 | $111.73 | $77,763 | 2.07% | $77,763 | 2.07% |
| 2016 | $109.46 | $76,186 | 35.11% | $76,186 | 35.11% |
| 2015 | $81.02 | $56,390 | 4.18% | $56,390 | 4.18% |
| 2014 | $77.77 | $54,127 | 13.06% | $54,127 | 13.06% |
| 2013 | $68.78 | $47,874 | $47,874 |
2023 Denton County Appraisal District Tax Value
| Market Land Value: | $67,402 |
| Market Improvement Value: | $44,281 |
| Total Market Value: | $111,683 |
2023 Tax Rates
| TOWN OF SHADY SHORES: | 0.2998 % |
| DENTON COUNTY: | 0.1895 % |
| DENTON ISD: | 1.1592 % |
| Total Tax Rate: | 1.6485 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 993 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 153 |
| Home Owners Insurance | Get a Quote |
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Good | 
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Property Map
minimize501 Lakeshore Rd Shady Shores TX 76208 was recently sold. It is a 0.34 Acre(s) Lot, 696 SQFT, 1 Beds, 1 Full Bath(s) in Shady Shores.
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