Price Reduction - Waterfront
Listed By:
Anderson Elite Realty
Address
331 Spring Creek Drive, Mount Vernon, TX
Price
$ 739,900
Property Attributes
  • MLS#21308721
  • TypeSingle Family
  • Listing Status Active
  • CountyFRANKLIN
  • CityMount Vernon
  • NeighborhoodTall Tree
  • Zip75457
  • StyleSingle Family Residence
  • Year Built1986
  • Taxes$ 7200
  • Price$ 739,900
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage2292
  • Lot Size0.664 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

The perfect lake house on Lake Cypress Springs! This is the opportunity buyers have been waiting for! A property offering million dollar views at a price point rarely found on the lake. Situated on an incredible waterfront lot with expansive open water views, this property combines breathtaking scenery, recent updates, and exceptional versatility. The property features a 1,652 SF main home, a 640 SF guest house, and an oversized shop, providing plenty of space for family, friends, and all your lake toys. The recently updated main home offers 3 bedrooms and 2.5 bathrooms with an open concept design that is ideal for entertaining. Large windows capture the spectacular lake views, while the spacious living, dining, and kitchen areas create the perfect gathering space. The kitchen features stainless steel appliances and ample room for a large island. An oversized utility room provides additional storage and functionality. The primary suite offers a private retreat with an en-suite bathroom and walk in closet, while two additional guest bedrooms provide comfortable accommodations for family and visitors. The guest house includes a bedroom and full bathroom, making it ideal for overflow guests or extended stays. The oversized shop easily accommodates multiple boats, vehicles, golf carts, and lake equipment. Outside, the waterfront lot is truly the star of the show, offering some of the most impressive views on Lake Cypress Springs and the perfect location to build your dream boathouse. Located in a highly desirable gated subdivision, residents enjoy outstanding amenities including a boat ramp, community pool, tennis courts, and more. Whether you're looking for a weekend getaway or a full time residence, this property delivers everything buyers love about lake living.

Elementary School
Mt Vernon Elementary School
Price History
6/22/2026 Listed $782,500
7/18/2026 5$750,000
8/27/2026 2$739,900

General Features

Utilities Septic
Possession Closing/Funding
Roof Composition,Metal
Appliances Dishwasher,Electric Range,Microwave,Refrigerator
Assoc Fees 378
Number of Garage Spaces 2
Restrictions Deed
School District Mount Vernon ISD
HOA Fee Includes Full Use of Facilities
Year Built 1986
Community Features Boat Ramp,Club House,Community Pool,Fishing,Gated,Tennis Court(s)
Levels One
Unexempt Taxes 7200
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Tall Tree
Transaction Type For Sale
Carport Spaces 2
County Franklin (TX)
Property Type Residential
Construction Materials Siding
Association Fee Frequency Semi-Annual
HOA Type Mandatory
Full Baths 3
Status Active
Directions Main gate to Cypress Creek. Ron C-Crossing. R on Whispering Pine Trail S. L on Whispering Pine Trail. Follow to Spring Creek.
City Mount Vernon
Elementary School Name Mt Vernon
High School Mt Vernon
Elementary School Mt Vernon
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21308721
Standard Status Active
Listing Terms Cash,Conventional

Interior Features

Interior Features Decorative Lighting,Eat-in Kitchen,High Speed Internet Available,Open Floorplan,Pantry,Vaulted Ceiling(s)
Dining Areas 1
Living Areas 1
Room Count 6
Half Baths 1
Lock Box Type Combo
Total Bedrooms 4
Total Baths 4
Laundry Features Utility Room

Exterior Features

Waterfront Yes
Exterior Features Storage
Lot Features Leasehold
Other Structures Guest House
Parking Features Garage
WaterFront Features Lake Front
Lot Size .5 to < 1 Acre
Covered Spaces 2
Foundation Pillar/Post/Pier
Lot Size Area 0.6640
Lot Size Units Acres
Structural Style Lake House
Garage Y/N Yes
Lot Size Square Feet 28923.8400
Lot Size Acres 0.6640
Patio And Porch Features Covered,Deck

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 75457

Price
AVG $760K
$740K
Taxes
AVG $5,167
$7,200
Year Built
AVG 1998
1986
Visits
AVG 91
140
Data Provided by Inside Real Estate®

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