About this home

Welcome to an extraordinary lakefront estate on Lake Palo Pinto, where space, versatility, and lifestyle come together in a way that's almost impossible to find. Less than an hour from Fort Worth, this one-of-a-kind property spans 660 and 686 Deer Trail and features three separate residences, offering endless possibilities whether for multi-generational living, short-term rental income, private guest accommodations, or your own personal retreat compound. The main home welcomes you with a bright, open layout, oversized kitchen with expansive cabinetry and a large center island, and inviting living spaces anchored by a beautiful stone fireplace. Natural light pours in throughout, with peaceful views that remind you you're just steps from the water. Step outside and the property transforms into an entertainer's dream, complete with a resort-style pool, outdoor kitchen, and multiple gathering spaces designed for unforgettable lake days and evenings under the Texas sky. The second residence offers additional comfort and flexibility, perfect for hosting guests or extended family while maintaining privacy from the main home. And then there's the third home, a truly unique, rustic-inspired space full of character. With its warm wood finishes, artistic touches, and cozy cabin-like feel, it's the kind of place that invites creativity, relaxation, and a slower pace of life. Ideal as a guest house, studio, or income-producing rental, this space stands out as something special you simply don't see every day. All of this is complemented by your private dock, giving you direct access to boating, fishing, and everything that makes lake life so desirable. Whether you're looking for a primary residence, a weekend escape, or a property with income potential, this estate delivers on every level. Move-in ready and perfectly positioned for summer, this is more than a home, it's an experience. Make it your everyday life, or your favorite place to disappear to.

Facts and features

Schools

• Santo Elementary School

  elementary · K-5 · 6.2 mi

  7

• Santo High School

  middle · 6-12 · 6.3 mi

  8

Price history

• May 16, 2026 · Price Changed$780,000
• May 15, 2026 · Price Changed$7,800,000
• Apr 3, 2026 · Listed$800,000
• Sep 18, 2019 · Sold—

Tax history

• 2026$8,356 tax · $479,410 assessed
• 2025$8,708 tax · $510,970 assessed
• 2023$6,380 tax · $449,390 assessed
• 2022$7,261 tax · $459,700 assessed
• 2021$6,358 tax · $366,270 assessed
• 2020$6,711 tax · $366,270 assessed
• 2019$5,410 tax · $285,780 assessed
• 2018$4,748 tax · $243,530 assessed

Home value

$772,000

• Collateral Analytics$772,000
• Cotality$733,000

Where it is