1508 Canadian Drive

About this home

Priced to sell and sold AS-IS—bring your design ideas and unlock instant equity! Nestled within the highly desirable, gated Pine Valley Development of Lake Cypress Springs, this custom-built property offers an incredible opportunity as a weekend retreat or a starter home. The main residence is a unique 2-bedroom, 1-bath split-level layout featuring plenty of open living areas designed to capture beautiful outdoor views, plus an upstairs loft with access to a massive second-level rear deck. Adding immense value to this property is a completely separate apartment adjoining the carport, complete with a full bath and kitchenette—perfect for guests, rental income, or a private home office. Enjoy the peace of mind of a secure, gated community along with premium amenities including a swimming pool, tennis courts, playground, and clubhouse. With a little TLC, this fixer-upper will shine. Schedule your tour today and see the unlimited potential!

Schools

Elementary

Mt Vernon

Middle

Mt Vernon

High

Mt Vernon

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #

21274317

Property Type

Residential

Status

For Sale

County

Franklin (TX)

Subdivision

Pine Valley

Lot Size

15,158.88 sqft

HOA Dues

$1,686/yr

Annual Taxes

$4,423

Days on Market

53 days

Listed

Jun 5, 2026

Price per Sqft

$93