Welcome to 1920 Lakewood Trace; a well-maintained, spacious home located in Waterton's idyllic swim and tennis community, just outside of downtown Grayson. After meandering through a quiet, fully-developed neighborhood with well-maintained lawns and mature landscaping, you are greeted by this turnkey home situated nicely on a spacious corner lot. Upon entering the home, you are greeted with a spacious foyer, the formal dining room to your right, and a flex room that offers additional entertaining space, or a home office. In addition to the powder room and large laundry room, the main floor offers an updated kitchen with decorative cabinets, granite countertops, stainless steel appliances, and a breakfast nook w/ plenty of natural lighting. Upstairs you will find two standard-sized bedrooms, an oversized bedroom w/ closet that can double as a "bonus room", an updated full bathroom, and the primary suite. Key features that set the oversized primary suite apart include ample natural light, trey ceilings in the bedroom, vaulted ceilings in the primary bathroom, a large soaking tub & dual vanities. If this isn't enough space, the currently unfinished daylight basement allows limitless possibilities to finish the home to your liking. This home must be seen in person to fully appreciate the quality of recent value-add improvements such as cement-fiber board siding, new flooring, and the recently replaced water heater.