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ACTIVEsingle familyvia mls

179 E Decker Street

Shell Knob, MO, 65747

3 bd3 ba2,400 sqftBuilt 2026

Listing courtesy of Keller Williams Tri-Lakes · (417) 336-4999 · MLS# SOM60331194

List price

$399,000

$166/sqft

Listing description
Brand New Lake-Area Home - Estimated Completion Late January 2027!Be among the first to own this beautifully designed new construction home, ideally located just minutes from the community boat launch for quick and easy access to the lake. Offering 3 bedrooms, 2.5 baths, and an open-concept floor plan, this home combines modern style, quality finishes, and everyday functionality.The spacious great room features soaring vaulted ceilings and a cozy propane gas fireplace, creating a warm and inviting space for entertaining or relaxing after a day on the water. The fully equipped kitchen is designed to impress with granite countertops, a large center eating bar, gas cooktop, and abundant cabinetry--perfect for preparing meals and gathering with family and friends.The main-level primary suite provides the convenience of one-level living and includes a private ensuite bath for your own personal retreat. Two additional bedrooms offer plenty of space for family, guests, or a home office. A large upstairs could be configured in a variety of ways.The oversized two-car garage boasts extra-high ceilings, providing exceptional storage potential for outdoor gear, recreational equipment, or workshop space.Situated on a generous double lot, this property offers room to breathe and the flexibility to add a detached garage, workshop, or additional storage building in the future. Whether you're looking for a full-time residence, weekend getaway, or investment property, you'll appreciate the peaceful lake-community setting and easy access to boating, fishing, swimming, and year-round outdoor recreation. Very close to marina with optional boat slip rentals, boat rentals, restaurant, convenience store, etc.
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

-$1,221

Cap rate

2.7%

Cash-on-cash

-18.4%

DSCR

0.42

Est. annual revenue$18,867
Property tax($3,990)
Insurance($1,596)
Utilities($0)
HOA($0)
Management($1,509)
Maintenance reserve($943)
Total operating expenses($8,039)
Net operating income$10,829
Down payment$79,800
Loan amount$319,200
Monthly payment (P&I)$2,123.65
Annual debt service($25,484)
Annual cash flow-$14,655

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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.

The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than Keller Williams Tri-Lakes are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is 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. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contains all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2019 Southern Missouri Regional MLS, LLC. All rights reserved.

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