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214-760-6770 - DFW
903-560-4975 - Fannin County

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$565,000
11 Days On Site

240 Canyon Drive
Whitney, TX 76692

For Sale|Single Family Residence|Active
4
Beds
3
Total Baths
3
Full Baths
2,422
SqFt
$233
/SqFt
Subdivision:
Loma Linda
County:
Hill
Call Now: 214-760-6770
Is this the listing for you? We can help make it yours.
214-760-6770
240 Canyon Drive240 Canyon Drive240 Canyon Drive240 Canyon Drive
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Rare opportunity to purchase LAKE FRONT property on Lake Whitney! TWO fully renovated homes on nearly 1-acre backing to Corps of Engineer land with lake access to the cove. Currently operating as a highly successful STR on Airbnb, owners are selling this property turnkey and fully furnished. The options for use are endless: investment, long or short term rental, personal enjoyment - or some combination thereof. Well-suited for an easy, straightforward 1031 Exchange! Main home renovated in 2022 sleeps 8 and features new systems (HVAC, septic, electrical and plumbing) and beautiful cosmetic finishes - including luxury vinyl plank flooring, elevated lighting, Marvin windows, and modern kitchen and bathroom spaces. Enjoy hours spent on the huge screened in porch, or gather around the fire pit or covered picnic areas for outdoor meals and chatter. Guest cottage taken to the studs in 2023 - hallmarked by more on-trend modern finishes, a large back deck, and a fully functional floor plan with living, dining, kitchen, laundry, bed and bathroom - and sleeps 4. Grab the kayaks on a warm day and head down to the inlet for a day of swimming, boating, and fun. This exceptional retreat will create great family memories for multiple generations! Please note that square footage includes the ~700 SF guest cottage.

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Listing Snapshot
Price 
$565,000
Days On Site 
11 Days
Bedrooms 
4
Inside Area (SqFt) 
2,422 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.934 Acres
Year Built 
N/A
MLS® Number 
21091879
Status 
Active
Property Tax 
$6,912
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.934
Carport 
2
Foundation 
Pillar/Post/PierSlab
Levels 
One
Parking 
Additional ParkingAttached CarportCarportDriveway
Property Sub Type 
Single Family Residence
Security 
Security SystemSmoke Detector(s)
Sewer 
Septic Tank
Special Circumstances 
Standard
Style 
RanchTraditional
Interior Features
Appliances 
DishwasherDisposalDryerElectric CooktopElectric OvenElectric Water HeaterMicrowaveRefrigeratorVented Exhaust Fan
Cooling 
Ceiling Fan(s)Central AirElectric
Fireplace 
Yes
Fireplace Features 
Living RoomStoneWood Burning
Fireplaces 
1
Flooring 
Ceramic TileWoodVinyl
Heating 
Exhaust FanCentralElectric
Interior 
Built-in FeaturesEat-in KitchenOpen FloorplanHigh Speed Internet
Laundry Features 
Electric Dryer HookupWasher Hookup
Bath-Full 
Dimensions - 6 x 5Level - First
Bedroom 
Dimensions - 24 x 13Level - FirstFeatures - Ceiling Fan(s)
Dining Room 
Dimensions - 19 x 9Level - FirstFeatures - Ceiling Fan(s)
Kitchen 
Dimensions - 10 x 9Level - First
Laundry 
Dimensions - 4 x 4Level - First
Living Room 
Dimensions - 23 x 16Level - First
Master Bedroom 
Dimensions - 12 x 15Level - FirstFeatures - Ceiling Fan(s)
Utility Room 
Dimensions - 6 x 10Level - First
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Exterior Features
Exterior 
Fire PitRain GuttersLightingPrivate YardStorage
Fencing 
FencedFullGatePerimeterPipe
Lot Features 
Cul-De-SacIrregular LotMany TreesWaterfront
Other Structures 
Guest HousePergolaSecond ResidenceStorage
Patio And Porch 
CoveredDeckEnclosedFront PorchRear PorchScreenedSide Porch
Roof 
Metal
Waterfront 
Yes
Community Features
Financing Terms Available 
1031 ExchangeCashConventionalFHAVA Loan
School District 
Whitney ISD
Schools
School District
Whitney ISD
Elementary School
Whitney
Middle School
Whitney
High School
Whitney
Listing courtesy of Devon Reyes of League Real Estate devon@leaguere.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-11-04 05:44 PM CST

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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