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545 Compass Way, Bluff Dale, TX, 76433

2beds
2baths
1,345sqft
$698,000
$519price/sqft
$4,976/moest. monthly cost
$199,040/yrincome needed

About This Home

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.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

8/10
Bluff Dale SchoolGrades PK-121.0 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2006

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Log

Type & Style

  • Home type: SingleFamily
  • Architectural style: Loft,Log Home
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Cooktop,Electric Range,Refrigerator
  • Laundry features: Washer Hookup,Electric Dryer Hookup

Bedroom

  • Level: First
  • Dimensions: 10 x 11

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Bonus Room

  • Level: Second
  • Dimensions: 7 x 20

Features

  • High Speed Internet,Loft,Vaulted Ceiling(s)
  • Flooring: Carpet,Simulated Wood,Tile
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 1,345 sqft

Kitchen

  • Level: First
  • Dimensions: 12 x 15

Living Room

  • Features: Fireplace
  • Level: First
  • Dimensions: 30 x 12

Master Bedroom

  • Level: Second
  • Dimensions: 16 x 20

Other

  • Level: First
  • Dimensions: 18 x 6

Other

  • Level: Second
  • Dimensions: 7 x 10

Utility Room

  • Features: Utility Room
  • Level: First
  • Dimensions: 6 x 10

Property

Details

  • Parcel number: R000066968

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None,Community
  • Patio & porch: Deck,Balcony,Covered
  • Exterior features: Balcony,Storage
  • Fencing: None
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Residential vegetation: Partially Wooded

Lot

  • Lot size: 10.03 Acres
  • Features: Acreage,Back Yard,Corner Lot,Lawn,Many Trees,Subdivision

Parking

  • Total spaces: 8
  • Parking features: Additional Parking,Covered,Electric Gate,Garage,Garage Door Opener,Kitchen Level,Paved,RV Garage,Garage Faces Side,Storage,RV Access/Parking
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 8

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Inland Flooding
    Inland FloodingVery High
  • Tornado
    TornadoVery High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Wildfire
    WildfireRelatively High
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Tornado
Hail
Lightning
Strong Wind
Wildfire
Heat Wave
Winter Weather

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,529$42,348
Home Insurance *$482$5,784
Property Taxes $727$8,724
Electricity $238$2,859
Total$4,976$59,712
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$170,605/yr
40% on housing$149,280/yr
45% on housing$132,693/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.3%
6.3%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.3%
-1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$519This listing

vs Other Active Listings

Avg $/sqft

ZIP 76433$256
Erath County$314

vs Homes Sold Last Month

Median $/sqft

ZIP 76433$214
Erath County$201

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-03Price change$439,000
2026-07-31Listed for sale$698,000
2020-07-16Listing removed$295,000
2020-05-21Pending sale$295,000
2020-03-06Listed for sale$295,000

For Sale by Agent

AgentPaula Donaho
BrokerageDONAHO REAL ESTATE GROUP

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