551 W Eagle Point Drive
Mount Vernon, TX, 75457
$
925,000
Bedrooms3
Baths2.0
Sq
1,520
Monthly Estimate*
$
6,389
for $925,000 with 3 bedrooms and 2 full baths. This 1,520 square foot home was built in 1998 on a lot size of 1.14.
RARE LAKESIDE PRIVACY, BEAUTY & ELEVATED EAST TEXAS LIVING
Discover a rare opportunity to own 1.14 acres with approximately 100 feet of waterfront in the exclusive gated community of Eagle Point on Lake Cypress Springs. Set along a protected cove beneath a canopy of mature trees, this meticulously maintained 3-bedroom, 2-bath retreat offers an exceptional combination of privacy, natural beauty, and effortless lake living.
Located just 100 miles east of Dallas and south of Mt. Vernon in the beautiful Piney Woods of East Texas, Eagle Point is a quiet enclave of prestigious homes. Lake Cypress Springs has twice been named “The Most Beautiful Lake in Texas” by readers of D Magazine, and its pristine setting makes this community a truly special place to call home.
Inside, expansive lakeside windows fill the home with natural light while capturing peaceful water views. The thoughtful floor plan features a private primary suite with ensuite bath and two additional bedrooms connected by a convenient Jack-and-Jill bath. The stylish kitchen showcases quartz countertops, stainless steel appliances, and modern tile finishes, complemented by beautifully updated bathrooms and premium finishes throughout.
Step outside to a spacious deck overlooking the water—perfect for morning coffee, entertaining, or unforgettable sunsets. The beautiful private boathouse with sunning deck creates the ideal launch point for boating, fishing, swimming, and relaxing on the lake.
Nature is part of the experience, with abundant wildlife and an area known for bald eagle sightings. Yet the property remains an easy drive from Dallas, offering the best of both worlds: peaceful seclusion and accessibility.
With acreage, protected waterfront, a private boathouse, mature trees, exceptional finishes, and one of East Texas’ most desirable lake communities, this is more than a lake house—it is a place to escape, gather, and create generations of memories.
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Features
Interior
Interior Features
Eat-in Kitchen
High Speed Internet Available
Kitchen Island
Open Floorplan
Pantry
Vaulted Ceiling(s)
Walk-In Closet(s)
Flooring
Carpet
Hardwood
Tile
Basement Y/N
0
Dining Areas
1
Living Areas
1
Half Baths
0
Total Bedrooms
3
Total Baths
2
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General
Heating
Electric
Cooling
Central Air
Utilities
Aerobic Septic
Possession
Closing/Funding
Roof
Composition
Appliances
Dishwasher
Disposal
Electric Range
Electric Water Heater
Tankless Water Heater
Assoc Fees
1150
School District
Mount Vernon ISD
HOA Fee Includes
Maintenance Grounds
Pool Y/N
0
Year Built
1998
Levels
One
Property Subtype
Single Family Residence
Subdivision Name
Eagle Point
Transaction Type
For Sale
Occupant Type
Vacant
County
Franklin (TX)
Property Type
Residential
Construction Materials
Cedar
Fiber Cement
HOA Type
Mandatory
Full Baths
2
Status
Active
Directions
From I-30
take Highway 37 South to Highway 21 and turn East(left). Go to the 4 way blinking red light intersection and turn South(right) on Highway 115. Travel Highway 115 to FM 3122 and turn East(le
City
Mount Vernon
Other Equipment
Generator
Elementary School Name
Mt Vernon
High School
Mt Vernon
Elementary School
Mt Vernon
Standard Status
Active
Listing Terms
Cash
Conventional
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Exterior
Waterfront
1
Exterior Features
Dock
Fire Pit
Misting System
Lot Features
Many Trees
Oak
Pine
Fencing
Wrought Iron
Other Structures
Boat House
Shed(s)
Storage
Parking Features
Carport
Concrete
Driveway
Electric Gate
Storage
WaterFront Features
Dock – Covered
Lake Front
Leasehold
Personal Watercraft Lift
Retaining Wall – Wood
Lot Size
1 to < 3 Acres
Foundation
Pillar/Post/Pier
Structural Style
Lake House
Garage Y/N
0
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* Excluded Features
List By
Brent Gardner
Listing Agent
Tx Lake & Land Real Estate
Broker
Affordability Calculator
- Monthly Principal & Interest
- $6,389
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save
Nearby
Single family listings in Mount Vernon, TX
Average List Price
$754,345
Percent of Sale Price
18%
About Mount Vernon, TX
2,847
Population
19%
Since 2002
$
39,936
Median Income
33.41
Median Age
29%
Households with Children
Trends Information provided by ATTOM Data Solutions.
3520483
Elementary School
5136315
Middle School
Pricing History
| Date |
Price |
Price Change |
Description |
|
9/14/2026
|
$925,000
|
-7.50%
|
Price Down
|
|
6/8/2026
|
$999,999
|
-6.98%
|
Price Down
|
|
4/23/2026
|
$1,075,000
|
|
Listed Price
|