Paragon Realtors Real Estate

42 Sapphire WayCaney City, TX 75148Price: $499,900

  • Price: $499,900
  • Est. Mortgage of $/month
  • 1 Day on Market
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Federal 30-year interest rate: 7.11% last updated on Nov 12, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $499,900List Price
  • 0.39Acreage

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Listed by Debbie French of Ebby Halliday Realtors (903-340-8590)
Lot 42 is a 0.39-acre-acre lot offering approximately 95 feet of waterfront with a steel retaining wall in Emerald Bay, Cedar Creek Lake's newest luxury lakefront community. This exclusive gated development features 36 thoughtfully planned waterfront homesites and 35 off-water homesites with boat slips, designed to create an elevated lake living experience. With eight lots sold, two completed spec homes available for purchase, and two additional homes coming soon, Emerald Bay is beginning to take shape as one of Cedar Creek Lake's premier resort communities. Lot 42 presents an outstanding opportunity to build a custom lake home tailored to your vision, with a minimum of 2,500 square feet of living space and a required two-car garage. Community guidelines also allow for a detached, single-story accessory structure of at least 300 square feet, ideal for a private guest retreat, casita, bunkroom, or additional garage space, subject to Architectural Committee approval. Build your own personal boat house with TRWD permit and Architectural Committee approval. Designed around an exceptional lake lifestyle, community amenities include a resort-style swimming pool, marina with private docks, pickleball, tennis and basketball courts, lighted concrete walking and golf cart trails, an events lawn, and inviting natural gathering spaces. A Golf and Social membership at the nearby Pinnacle Club is available for purchase separately. Additional community features include concrete roads with curbs and gutters, underground utilities, street lighting, private water and sewer systems, and fiber-optic connectivity. Experience the opportunity to create your own lakefront retreat in a thoughtfully designed community where luxury, recreation, and lake living come together. Additional lots available. Contact Agent for more information.

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Based on information submitted to North Texas Real Estate Information Services as of November 15, 2026 8:10 AM EST. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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