*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!
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Price Unknown
501 Lakeshore Rd, Shady Shores, TX 76208
1beds
696sqft
Single Family Residence
Built in 1967
0.34 Acres Lot
$242,700 Zestimate®
$--/sqft
$1,320 Estimated rent
Home value
$242,700
$221,000 - $267,000
$1,320/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: June 19, 2025 at 06:02pm
Listed by:
Michele Playdon 0732217 619-961-0379,
Coldwell Banker Realty Plano 972-596-9100
Bought with:
Marilu Cooksy
Foxy Real Estate, LLC
Source: NTREIS,MLS#: 20431794
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
Other
- Features: Separate Shower
- Level: First
Kitchen
- Features: Eat-in Kitchen, Kitchen Island, Solid Surface Counters
- Level: First
Living room
- Features: Fireplace
- Level: First
Heating
- Natural Gas, Wall Furnace
Cooling
- Ceiling Fan(s), Electric, Wall Unit(s)
Appliances
- Included: Dishwasher, Electric Range, Refrigerator
- Laundry: Washer Hookup, Gas Dryer Hookup, Stacked
Features
- Decorative/Designer Lighting Fixtures, Eat-in Kitchen, High Speed Internet, Kitchen Island, Open Floorplan, Cable TV, Vaulted Ceiling(s), Natural Woodwork
- Flooring: Stone
- Windows: Window Coverings
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Masonry, Raised Hearth, Wood Burning
Interior area
- Total interior livable area: 696 sqft
Property
Parking
- Parking features: Circular Driveway, Concrete, Gravel, No Garage, Open, Oversized, Boat, RV Access/Parking
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting
- Pool features: None
- Body of water: Lewisville
Lot
- Size: 0.34 Acres
- Features: Back Yard, Corner Lot, Hardwood Trees, Lawn, Many Trees
Details
- Parcel number: R20497
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other,Detached
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available, Cable Available
Community & neighborhood
Community
- Community features: Boat Facilities, Fishing, Lake, Marina, Park, Trails/Paths
Location
- Region: Shady Shores
- Subdivision: Shady Shores
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2025 | Listing removed | $1,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/27/2025 | Listed for rent | $1,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/15/2023 | Sold | -- |
Source: NTREIS #20431794 Report a problem | ||
| 11/16/2023 | Pending sale | $260,000$374/sqft |
Source: NTREIS #20431794 Report a problem | ||
| 11/15/2023 | Contingent | $260,000$374/sqft |
Source: NTREIS #20431794 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,281 -8.3% | $135,481 -10.9% |
| 2024 | $2,488 +35.1% | $152,083 +36.2% |
| 2023 | $1,841 -0.7% | $111,683 +13.3% |
Find assessor info on the county website
Neighborhood: 76208
Nearby schools
GreatSchools rating
- 3/10Stephens Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 5/10Bettye Myers Middle SchoolGrades: 6-8Distance: 0.6 mi
- 6/10Ryan High SchoolGrades: 9-12Distance: 4.1 mi
Schools provided by the listing agent
- Elementary: Olive Stephens
- Middle: Bettye Myers
- High: Ryan H S
- District: Denton ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$242,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$242,700
- Texas
- Denton County
- Denton
- 76208
- 501 Lakeshore Rd