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ACTIVEsingle familyvia mls

353 S Millwood Street

Shell Knob, MO, 65747

2 bd2 ba1,300 sqftBuilt 2026

Listing courtesy of RE/MAX Lakeside · (417) 858-6126 · MLS# SOM60332883

List price

$259,000

$199/sqft

Listing description
NEW CONSTRUCTION + NO-STEP LIVING near Table Rock Lake! This newly constructed ranch in the newly designed Village of Waters Edge offers easy lake living with the neighborhood boat launch less than a mile away and Campbell Point Marina less than 10 minutes away for boat and slip rentals. Step inside to vaulted ceilings, natural pine accents, and an open-concept living, kitchen and dining area anchored by a stone-accent electric fireplace. The kitchen features granite countertops, stone backsplash, center island and access to an open-air deck--perfect for grilling and outdoor entertaining. The primary suite features a private ensuite bath with walk-in shower and its own screened-in porch for a peaceful place to unwind. A second bedroom, full guest bath, laundry room and one-car garage complete the thoughtful, single-level floor plan. Natural finishes throughout bring the outdoors in, while two outdoor living spaces and convenient lake access make this an easy Table Rock Lake getaway or full-time home. No steps, new construction and less than a mile to the water!
Financial analysis

Adjust the assumptions to see live results. Defaults are Branson-area estimates and will be refined with local data.

Short-term rentals aren't permitted here, so this is underwritten as a long-term rental — monthly rent and vacancy instead of nightly rate and occupancy.

Monthly cash flow

-$633

Cap rate

3.5%

Cash-on-cash

-14.7%

DSCR

0.54

Est. annual revenue$14,451
Property tax($2,590)
Insurance($1,036)
Utilities($0)
HOA($0)
Management($1,156)
Maintenance reserve($723)
Total operating expenses($5,505)
Net operating income$8,947
Down payment$51,800
Loan amount$207,200
Monthly payment (P&I)$1,378.51
Annual debt service($16,542)
Annual cash flow-$7,595

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Sydney Shepherd can confirm subdivision rules, HOA restrictions, and realistic revenue for this property.

Projections and scores are estimates for informational purposes only — not financial, investment, tax, or legal advice. Branson-area defaults are starting points; confirm local rules, rates, and revenue before making any decision.

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