Discover this exceptional custom home, perfectly nestled in a serene and private setting with breathtaking views from the back patio. Designed for comfort and style, the home boasts a spacious living area with a wood-burning fireplace and an abundance of natural light streaming through large windows. The thoughtfully designed floor plan sets this home apart, featuring a luxurious main suite complete with dual vanities, a jetted garden tub, and a walk-in shower. The gourmet kitchen is a chef’s dream, showcasing a granite island, breakfast bar, and ample cooking space. This home features split bedrooms with plenty of space. Large laundry area with plenty of storage. A second living area or sunroom with its own wood-burning fireplace provides added versatility and charm. This property offers impressive storage and functionality, including an attached two-car garage, a detached two-car garage with workshop space, and a 25x60 motorhome garage that could also serve as an additional workshop. For outdoor enthusiasts, the custom-built outdoor kitchen (added in 2019) is perfect for entertaining. Additional features include a 12x18 wooden storage building, a 25x30 storage building with a concrete slab, and a four-zone sprinkler system to maintain the lush yard. Situated on 5 acres in the highly sought-after Mountain Lakes community near Bluff Dale, this home offers access to numerous amenities, including a fishing lake, recreational lake, and community pool. With so many unique features, this one-of-a-kind property is a must-see to truly appreciate its charm and potential.
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Rent
$3,440/mo
Redfin rental estimate
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Market trends in 76433, TX
Last updated September 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
98.0%
+0.1% MoM
Median sale price
$510K
$25K MoM
Avg. days on market
35d
15 days MoM
Recently sold homes
10
4 MoM
Provided by Redfin
Sale history for 4765 Compass Way
Date
Event
Price
Public Records
Apr 3, 2025
Sold
*
NTREIS #20810793
Apr 2, 2025
Sold
*
Feb 17, 2025
Pending
—
Jan 7, 2025
Listed
$884,900
$296/sq ft
NTREIS #20630735
Jan 3, 2025
Listing Removed
—
Dec 12, 2024
Price Changed
$885,000
$296/sq ft
Jun 3, 2024
Listed
$889,000
$298/sq ft
Public Records
Feb 22, 2017
Sold
*
Public Records
Feb 22, 2017
Sold
*
NTREIS #13499095
Feb 22, 2017
Pending
—
Feb 22, 2017
Sold
*
Dec 13, 2016
Contingent
—
Nov 22, 2016
Listed
$415,000
$139/sq ft
Exceptional Home in a most tranquil setting. Great view from home and back patio. Spacious living area with WBFP & numerous windows for abundant natural light. Master suite with separate vanities, garden tub, and walk-in shower. Awesome kitchen with island, granite, and breakfast bar. Large study. 2nd living area or sun rm with WBFP. Additional detached 2-car garage perfect for workshop. Storage bldg. Gated entrance. 5 acres is completely fenced.
Public Records
Jun 26, 2014
Sold
*
NTREIS #12132057
Jun 23, 2014
Sold
*
Apr 30, 2014
Contingent
—
Apr 28, 2014
Listed
$395,000
$132/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$10,395 (+18.6%)
$100,280 + $775,220
$875,500
2025
$8,768 (+19.0%)
2024
$7,366 (+8.2%)
2023
$6,808 (−6.2%)
2022
$7,258 (+10.2%)
2021
$6,586 (−3.7%)
$45,130 + $377,400
$422,530
2020
$6,839 (−6.5%)
$30,080 + $377,390
$407,470
2019
$7,313 (+4.8%)
$30,080 + $372,500
$402,580
2018
$6,979 (+22.9%)
$50,080 + $332,220
$382,300
2017
$5,680 (+0.7%)
$25,070 + $336,450
$361,520
2016
$5,640 (+1.4%)
$25,070 + $336,450
$361,520
2015
$5,561 (+18.1%)
$22,560 + $336,450
$359,010
2014
$4,708
$17,550 + $280,190
$297,740
Tax history for 4765 Compass Way
Year
Property tax
Land + Additions
Assessment*
2026
$10,395 (+18.6%)
$100,280 + $775,220
$875,500
2025
$8,768 (+19.0%)
2024
$7,366 (+8.2%)
2023
$6,808 (−6.2%)
2022
$7,258 (+10.2%)
2021
$6,586 (−3.7%)
$45,130 + $377,400
$422,530
2020
$6,839 (−6.5%)
$30,080 + $377,390
$407,470
2019
$7,313 (+4.8%)
$30,080 + $372,500
$402,580
2018
$6,979 (+22.9%)
$50,080 + $332,220
$382,300
2017
$5,680 (+0.7%)
$25,070 + $336,450
$361,520
2016
$5,640 (+1.4%)
$25,070 + $336,450
$361,520
2015
$5,561 (+18.1%)
$22,560 + $336,450
$359,010
2014
$4,708
$17,550 + $280,190
$297,740
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
5.01 Acres
Year renovated
—
Sq. Ft.
2,785
Year built
2010
Style
Single Family Residential
County
Erath County
APN
R000067579
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
Property details
Parking
Parking Information
Carport Spaces: 0
Covered Spaces: 4
Parking Features: Additional Parking, Aggregate, Boat, Circular Driveway, Concrete, Covered, Driveway, Electric Gate, Enclosed, Garage, Garage Door Opener, Garage Faces Side, 2-Car Single Doors, Gated, Guest, Inside Entrance, Kitchen Level, Lighted, Off Street, On Site, Oversized, Private, RV Access/Parking, RV Carport, RV Garage, Storage, Workshop in Garage
Parking & Garage
Has Garage
Has Attached Garage
Garage Spaces: 4
Interior
Virtual Tour
Bathroom Information
Bathrooms Full: 2
Bathrooms Half: 1
Bathrooms Total Decimal: 2.1
Bathrooms Total Integer: 3
Bedroom Information
Bedrooms Total: 4
Fireplace Information
Fireplaces Total: 2
Fireplace Features: Family Room, Living Room, Masonry, Raised Hearth, Stone, Wood Burning
Heating & Cooling
Cooling: Central Air, Electric
Heating: Central, Electric, Fireplace(s)
Interior Features
Room Count: 8
Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan, Water Softener
Number Of Living Areas: 2
Number Of Dining Areas: 1
Living Area: 2985.00
Levels: One
Flooring: Concrete, Tile, Wood
Interior Features: Built-in Features, Cable TV Available, Cathedral Ceiling(s), Decorative Lighting, Double Vanity, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Kitchen Island, Natural Woodwork, Open Floorplan, Other, Pantry, Sound System Wiring, Vaulted Ceiling(s), Wainscoting, Walk-In Closet(s), Wired for Data
Window Features: Window Coverings
Laundry Features
Laundry Features: Electric Dryer Hookup, Utility Room, Full Size W/D Area, Washer Hookup
Room 1 Information
Room Type: Living Room
Room Level: 1
Room Features: Built-in Cabinets, Fireplace
Room Dimensions: 18 x 19
Room Length: 18.00
Room Width: 19.00
Room 2 Information
Room Type: Primary Bedrm
Room Level: 1
Room Features: Dual Sinks, Ensuite Bath, Garden Tub, Jetted Tub, Medicine Cabinet, Separate Shower, Separate Vanities, Sitting Area in Master, Walk-in Closet(s)
Room Dimensions: 16 x 15
Room Length: 16.00
Room Width: 15.00
Room 3 Information
Room Type: Bedroom
Room Level: 1
Walk-in Closet(s)
Room Dimensions: 16 x 15
Room Length: 16.00
Room Width: 15.00
Room 4 Information
Room Type: Bedroom
Room Level: 1
Room Features: Walk-in Closet(s)
Room Dimensions: 13 x 11
Room Length: 13.00
Room Width: 11.00
Room 5 Information
Room Type: Dining Room
Room Level: 1
Room Dimensions: 14 x 12
Room Length: 14.00
Room Width: 12.00
Room 6 Information
Room Type: Bedroom
Room Level: 1
Room Dimensions: 14 x 12
Room Length: 14.00
Room Width: 12.00
Room 7 Information
Room Type: Kitchen
Room Level: 1
Room Dimensions: 16 x 12
Room Length: 16.00
Room Width: 12.00
Room 8 Information
Room Type: Utility Room
Room Level: 1
Room Dimensions: 10 x 6
Room Length: 10.00
Room Width: 6.00
Exterior
Building Information
Roof: Composition
Construction Materials: Brick, Concrete, Rock/Stone, Wood
Foundation Details: Slab
Exterior Features
Exterior Features: Barbecue, Covered Porch(es), Outdoor Kitchen, Outdoor Living Center, Stable/Barn, Storage
Restrictions: Animals, Architectural, Building, Development
US Property MUI: 409491467
Building Information
Year Built: 2011
Year Built Details: Preowned
Smart Home Features Appor Pass Y: Yes
Financial
Tax Information
Tax Legal Description: ACRES: 5.014 S6760 MOUNTAIN LAKES SECTION TWO
Tax Lot: 517
Unexempt Taxes: 7366
Financial Information
Buyer Financing: Cash
Loan Type: Treat As Clear
Second Mortgage YN: No
Utilities
Utility Information
Municipal Utility District YN: No
Utilities: Aerobic Septic, All Weather Road, Cable Available, Co-op Electric, Co-op Water, Dirt, Electricity Connected, Gravel/Rock, Individual Water Meter, Outside City Limits, Overhead Utilities, Phone Available, Underground Utilities, Well, No City Services
Location
HOA Information
Association Fee Includes: Full Use of Facilities, Maintenance Grounds, Management Fees
Association Type: Mandatory
Association Fee: 295
Association Fee Frequency: Annually
HOA Management Company: BMC
HOA Management Company Phone: 817-559-7524
School Information
Elementary School: Bluff Dale
Elementary School Name: Bluff Dale
High School Name: Bluff Dale
Middle School Name: Bluff Dale
School District: Bluff Dale ISD
Location Information
County Or Parish: Erath
Country: United States
Directions: From Bluff Dale go south on FM 2481. Turn left into Mountain Lakes subdivision, then right on Compass Way. Continue 1.1 miles to property on left. Sign at entrance gate.
Latitude: 32.31092600
Longitude: -98.02645600
Geocode Confidence: High
Subdivision Name: Mountain Lakes Sec 02
Community Information
Community Features: Boat Ramp, Campground, Club House, Community Dock, Community Pool, Fishing, Jogging Path/Bike Path, Lake, Playground, Pool, RV Parking
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,785
Stories: —
Lot Size: 5.01 acres
Style: Single Family Residential
Year Built: 2010
Year Renovated: —
County: Erath County
APN: R000067579
Home facts updated by county records on Oct 6, 2026