$395,000
●
House -
Off Market
1042 Antler Drive
Possum Kingdom Lake, TX 76475
4 Beds
2 Baths,
1
Half Bath
3,336 Ft²
$509,276
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
Great Investment Opportunity with this rustic over 3,000 sqft 4
bedroom 2.5 bath home on 5 acres in the Sportsmans World Ranch
Association which allows for commercial use. This two story home
has it all from the open concept kitchen, dining and informal
living room to a separate formal living room, and game room. Plenty
of parking with the two car garage along with the stand alone
carport-storage building that could easily park your water toys.
The old growth oak tree shades the home from the western sun which
makes the second story balcony views enjoyable year around. No need
to go anywhere to see the famous Hell's Gate fireworks show as you
can see it from this property.
Unit Size
3,336 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$133
Property Type
House
Property Taxes
-
HOA Dues
$64
Year Built
1987
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (NTREIS #14524649)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2022 | Sold | ||
| Sold | |||
| Jul 2, 2022 | Listed by MIKE POWELL REAL ESTATE | $650,000 | |
| Listed by MIKE POWELL REAL ESTATE | |||
| | |||
|
Sitting on Five Acres of Land inside of the Sportsman's World Subdivision which is the home of Hell's Gate, PK General Store and Bluff Creek Marina. This large Ranch Style Home is over 3300 square feet with four bedrooms and two and one half bathrooms. Two living areas, dining room and kitchen. All of the rooms are large in size. Wood Burning Fireplace. The Master Bedroom is large enough to have a sitting room. Nice Game Room. Two Car Garage, Extra Large Carport with sides and enough room from multiple vehicles or all your new water toys and lake stuff. Large upper balcony to watch some of Texas' famous sunsets. Located just around the corner from the infamous Hell's Gate.
| |||
| Aug 9, 2021 | Sold | ||
| Sold | |||
| Mar 1, 2021 | Listed by Berkshire HathawayHS Pondera | $445,000 | |
| Listed by Berkshire HathawayHS Pondera | |||
| | |||
|
Great Investment Opportunity with this rustic over 3,000 sqft 4 bedroom 2.5 bath home on 5 acres in the Sportsmans World Ranch Association which allows for commercial use. This two story home has it all from the open concept kitchen, dining and informal living room to a separate formal living room, and game room. Plenty of parking with the two car garage along with the stand alone carport-storage building that could easily park your water toys. The old growth oak tree shades the home from the western sun which makes the second story balcony views enjoyable year around. No need to go anywhere to see the famous Hell’s Gate fireworks show as you can see it from this property.
| |||
| Dec 2, 2020 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
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Type
Beds
Baths
ft²
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About Palo Pinto
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Listed by: Linda Fewell, Berkshire HathawayHS Pondera
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14524649
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14524649
Details provided by NTREIS and may not match the public record
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