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Palo Pinto 76484
1050 Dunn Drive
$242,500
● House - Off Market

1050 Dunn Drive

Palo Pinto, TX 76484
bedrooms
1 Bed
bathrooms
1 Bath
square feet
720 Ft²
$298,132
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

I am Serenity, a tiny home that overlooks Lake Palo Pinto. I'm on a large lot & my experience is tranquility. You get quiet days & cool nights with the breeze coming off the lake. Enjoy easy access to a nearby boat ramp & breathtaking views from my large covered back deck. Perfect for someone looking for efficient living or to build their dream home. In back my neighbor is the Lake and in front is raw Texas with views of the hills and countryside from the fenced front yard. Interior is very usable, tasteful, & efficient. Enjoy my 2-stry barn-bunkhouse with over 600 sqft. It can be used as office or living quarters with lots of storage. Access to the lake is provided by a private stairwell that needs some TLC.
Unit Size
720 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$368
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1972

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #14614585)

Price History

Date / Event Date Event Price
Oct 21, 2021 Sold
Premium
Sold
Jul 1, 2021 Listed by NextHome Sweet Home $264,900
Listed by NextHome Sweet Home
I am Serenity, a tiny home that overlooks Lake Palo Pinto. I'm on a large lot & my experience is tranquility. You get quiet days & cool nights with the breeze coming off the lake. Enjoy easy access to a nearby boat ramp & breathtaking views from my large covered back deck. Perfect for someone looking for efficient living or to build their dream home. In back my neighbor is the Lake and in front is raw Texas with views of the hills and countryside from the fenced front yard. Interior is very usable, tasteful, & efficient. Enjoy my 2-stry barn-bunkhouse with over 600 sqft. It can be used as office or living quarters with lots of storage. Access to the lake is provided by a private stairwell that needs some TLC.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,111
  • Lot Size Frontage Feet: 0
  • Total Building Area: 720
  • Gross Building Area: 720
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 720
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKESIDE PP LAKE
  • Land Acres: 0000000829
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LAKESIDE PP LAKE BLK 1 LOT 6 G#L0150-00-00010-006-00-0

Neighborhood

  • School District Name: Santo Independent School District
  • School Tax School District: SNI HPD ESD1
  • Census Tract: 000300

Geography

  • Account Number: R000018741
  • Parcel: 148110000
  • Block: 1
  • Lot: 6
  • Municipality: PALO PINTO
  • Latitude: 32.6398
  • Longitude: -98.3197

    Address

  • Full Address: 1050 Dunn Dr
  • Address - House Number: 1050
  • Address - Street Name: Dunn
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Palo Pinto
  • Carrier Code: H051
  • 4-Digit Zip Code: 3719
  • Zip Code: 76484

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $368,647
  • Tax Rate Code Area: CAD 182 SN

    Appraisal Valuation

  • Standard Deviation: 0.4348
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 13
  • Final Value: 171,148
  • High Value: 245,565
  • Low Value: 96,730

    Market Valuation

  • Market Total Value: $273,470
  • Market Land Value: $207,330
  • Market Improvement Value: $66,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $273,470
  • Assessed Land Value: $207,330
  • Assessed Improvements Value: $66,140

    Sales

  • Current Sale Contract Date: Oct 21, 2021
  • Current Sale Recording Date: Oct 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021-00007654
  • Previous Sale Recording Date: May 04, 2007
  • Previous Sale Contract Date: May 02, 2007
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: 70

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Palo Pinto

Stats & Trends

Median Asking:

$399,000

Sale Price/ft²

$221

Below Asking

0.03%

Average Days on Market

87

Average Home Size

2278 ft²

Average Home Age

-

Currently For Sale

293 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 520 Deer Trail, Gordon, TX, 76453

$5,750 /mo

  • 4 Beds
  • 3 Baths
  • 2,725 ft²
520 Deer Trail, Gordon, TX, 76453 Listing by Jerry Moody

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: James Davault, NextHome Sweet Home
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14614585
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1050 Dunn Drive built and last sold?
The property at 1050 Dunn Drive was built in 1972 and last sold on Oct 21, 2021 for $240,600.
How much is this home worth?
The estimated value of the home located at 1050 Dunn Drive is $277,028.
What are some comparable homes to 1050 Dunn Drive?
There are currently no comparable homes to 1050 Dunn Drive.
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