Project Home with Huge Potential!Looking for a place by the lake? This is the perfect project house with endless possibilities! Located on deeded land on beautiful Lake Arrowhead, this spacious home features:3 bed, 2 bath, 2 living areas, an enclosed porch with lake views. Whether you're ready to roll up your sleeves and renovate, or prefer to clear the lot and build your dream lake house from the ground up, this is a rare opportunity to own prime lakefront property.
For sale
$125,000
307 Lovelace Ln, Henrietta, TX 76365
3beds
2,892sqft
Est.:
Single Family Residence
Built in 1975
-- sqft lot
$112,800 Zestimate®
$43/sqft
$-- HOA
What's special
Deeded landBeautiful lake arrowheadSpacious home
- 35 days
- on Zillow |
- 1,218 |
- 37 |
Zillow last checked: 7 hours ago
Listing updated: May 22, 2025 at 01:56pm
Listed by:
Jamie Rice,
Bishop Realtor Group
Source: WFAR,MLS#: 178466

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Isolated Bedroom
Kitchen
- Features: Breakfast Bar, Formica Coutertops
Living room
- Features: Two
Heating
- Space Heater, Fireplace(s)
Cooling
- Window Unit(s)
Appliances
- Included: Free-Stand Range/Oven, Double Oven
- Laundry: Washer Hookup, Laundry Room
Features
- Walk-In Closet(s), Wet Bar, Formal Dining
- Flooring: Vinyl/Linoleum, Carpet
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 2,892
- Total interior livable area: 2,892 sqft
Property
Parking
- Parking features: No Garage
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered Patio
- Waterfront features: Waterfront
Lot
- Features: 0.5+ to 1 Acres
Details
- Additional structures: Outbuilding
- Parcel number: 359
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Arrowhead Ranch Estates
Location
- Region: Henrietta
Financial & listing details
- Price per square foot: $43/sqft
- Tax assessed value: $209,740
- Annual tax amount: $621
- Date on market: 5/10/2025
- Electric utility on property: Yes
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