Water Views
Address
545 Compass Way, Bluff Dale, TX
Price
$ 698,000
Property Attributes
- MLS#21333315
- TypeSingle Family
- Listing Status Active
- CountyERATH
- CityBluff Dale
- NeighborhoodMountain Lakes
- Zip76433
- StyleLoft
- Year Built2006
- Taxes$ 6333
- Price$ 698,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1345
- Lot Size10.03 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Welcome to your own Hill Country retreat in the sought-after Mountain Lakes community! This charming 2-bedroom, 2-bath log home offers warmth, character, and breathtaking views of the surrounding hills and nearby lake. The inviting open-concept floor plan is centered around a stunning floor-to-ceiling rock fireplace, creating the perfect gathering space for family and friends. An attached 4-car garage provides ample room for vehicles, recreational toys, and additional storage. Enjoy spectacular sunrises, peaceful evenings, and abundant wildlife from the expansive covered porch, spacious deck, and upper-level balcony—each designed to showcase the beautiful Hill Country and lake views. A gated entrance and paved driveway lead to the home, offering both privacy and convenience. For those needing exceptional workspace or storage, the impressive 2,500± sq. ft. shop is truly a rare find. Foam insulated and equipped with electricity, lighting, and water, it features two finished rooms with mini-split HVAC systems, a reinforced concrete foundation designed for a 30-amp automotive lift, a 50-amp RV outlet, and four overhead roll-up doors, including an oversized door ideal for an RV, boat, or large equipment. Whether you're a hobbyist, craftsman, entrepreneur, or car enthusiast, this incredible shop offers endless possibilities. Experience the lifestyle Mountain Lakes is known for with two private lakes—one stocked for fishing and the other for recreation—along with a community pool, RV park and storage, community garden, playground, and exercise park. Conveniently located just minutes from Granbury, Stephenville, and Weatherford, this property offers a great balance of peaceful country living. If you've been searching for a property that combines rustic charm, spectacular views, and an extraordinary shop, this Hill Country gem is one you won't want to miss.
| Elementary School |
|---|
| Bluff Dale Elementary School |
| Price History | |
|---|---|
| 8/1/2026 | Listed $698,000 |
General Features
| Heating | Central,Electric |
|---|---|
| Cooling | Central Air,Electric |
| Utilities | Aerobic Septic,All Weather Road,Asphalt,Co-op Electric,Co-op Water,Outside City Limits,Phone Available,Rural Water District |
| Possession | Closing/Funding,Negotiable |
| Roof | Metal |
| Appliances | Dishwasher,Electric Cooktop,Electric Range,Refrigerator |
| Easements | Electric,Telephone,Utilities,Water Lines |
| Assoc Fees | 590 |
| Number of Garage Spaces | 4 |
| Restrictions | Deed,No Mobile Home |
| School District | Bluff Dale ISD |
| HOA Fee Includes | Full Use of Facilities,Management Fees |
| Year Built | 2006 |
| Architectural Style | Loft |
| Community Features | Boat Ramp,Club House,Community Dock,Community Pool,Fishing,Lake,Park,Playground,RV Parking |
| Levels | Two |
| Unexempt Taxes | 6333 |
| Will Subdivide | Subdivided |
| Property Subtype | Single Family Residence |
| Subdivision Name | Mountain Lakes |
| Transaction Type | For Sale |
| Occupant Type | Owner |
| County | Erath |
| Property Type | Residential |
| Construction Materials | Log |
| Association Fee Frequency | Annually |
| Year Built Details | Preowned |
| HOA Type | Mandatory |
| Special Notes | Aerial Photo,Deed Restrictions |
| Full Baths | 2 |
| Status | Active |
| Directions | From US HWY 377 in Bluff Dale,take FM2481 (Holt St); left on Mountain Lakes Blvd; left on Compass Way. See sign on right,entry to shop is on Lakeside see sign on right. |
| City | Bluff Dale |
| Elementary School Name | Bluff Dale |
| High School | Bluff Dale |
| Elementary School | Bluff Dale |
| Virtual Tour URL Unbranded | mls.waynestratton.com/545-Compass-Way/idx |
| Virtual Tour URL Branded | mls.waynestratton.com/545-Compass-Way/idx |
| Standard Status | Active |
Interior Features
| Interior Features | High Speed Internet Available,Loft,Vaulted Ceiling(s) |
|---|---|
| Flooring | Carpet,Simulated Wood,Tile |
| Fireplace Features | Wood Burning |
| Fireplaces Total | 1 |
| Living Areas | 1 |
| Room Count | 7 |
| Lock Box Type | Blue BT LE |
| Total Bedrooms | 2 |
| Total Baths | 2 |
| Laundry Features | Electric Dryer Hookup,Full Size W/D Area,Washer Hookup |
Exterior Features
| Exterior Features | Balcony,Covered Patio/Porch,Storage |
|---|---|
| Lot Features | Acreage,Corner Lot,Lrg. Backyard Grass,Many Trees,Subdivision,Water/Lake View |
| Vegetation | Partially Wooded |
| Fencing | None |
| Soil Type | Unknown |
| Other Structures | Outbuilding,RV/Boat Storage,Storage,Workshop w/Electric |
| Lot Size Source | Assessor |
| Parking Features | Additional Parking,Covered,Electric Gate,Garage Door Opener,Garage Faces Side,Kitchen Level,Paved,RV Garage,Storage |
| WaterFront Features | Lake Front - Common Area |
| Lot Size | 10 to < 50 Acres |
| Covered Spaces | 8 |
| Foundation | Slab |
| Lot Size Area | 10.0300 |
| Lot Size Units | Acres |
| Structural Style | Log Cabin |
| Garage Y/N | Yes |
| Lot Size Square Feet | 436906.8000 |
| Lot Size Acres | 10.0300 |
| Patio And Porch Features | Covered,Deck |
| Attached Garage Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 76433
Price
Taxes
Year Built
Visits
In The Neighborhood
Open House
Bluff Dale
$ 429,900
4470 Skyline Drive
Bluff Dale, TX 76433
- Type
- Single Family
- Size
- 1,836 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Views
Bluff Dale
$ 490,000
320 Schooner Way
Bluff Dale, TX 76433
- Type
- Single Family
- Size
- 2,020 SqFt
- Rooms
- 4 Beds + 2.5 Baths
Water Views
Bluff Dale
$ 439,000
545 Compass Way
Bluff Dale, TX 76433
- Type
- Single Family
- Size
- 1,345 SqFt
- Rooms
- 2 Beds + 2 Baths
Reduced
Bluff Dale
$ 799,500
1665 Overlook Ridge
Bluff Dale, TX 76433
- Type
- Single Family
- Size
- 2,670 SqFt
- Rooms
- 3 Beds + 2 Baths
Waterfront
Bluff Dale
$ 545,000
640 Sunfish Point
Bluff Dale, TX 76433
- Type
- Single Family
- Size
- 2,103 SqFt
- Rooms
- 3 Beds + 2 Baths
Reduced
Bluff Dale
$ 895,000
475 Magic Valley
Bluff Dale, TX 76433
- Type
- Single Family
- Size
- 4,004 SqFt
- Rooms
- 5 Beds + 4.5 Baths
© 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor M&D Real Estate - Forney shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
