$1,850,000
●
House -
Off Market
1056 Bluff Creek Point
Possum Kingdom Lake, TX 76475
4 Beds
4 Baths
4,224 Ft²
$2,249,780
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Astonishing views await you. The Lighthouse is legendary as viewed
from land or water. This masterfully designed home sits on a deep
water point lot. From the moment you enter the home you will feel
like this is where you want to be. Gourmet kitchen with open
concept for entertaining both friends and family. Multiple patios
and balconies for enjoying those sunsets and sunrises that PK is
known for. Private air strip and Marina for added convenience. Easy
buggy or golf cart ride on concrete path to your private 2 story
boat dock. Dock provides additional entertaining area as well as
great fishing.
Unit Size
4,224 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$473
Property Type
House
Property Taxes
-
HOA Dues
$58
Year Built
2005
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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 #14567831)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2021 | Sold | ||
| Sold | |||
| May 2, 2021 | No longer available | - | |
| No longer available | |||
| May 1, 2021 | Listed by Clark Real Estate Group | $1,999,000 | |
| Listed by Clark Real Estate Group | |||
| | |||
|
Astonishing views await you. The Lighthouse is legendary as viewed from land or water. This masterfully designed home sits on a deep water point lot. From the moment you enter the home you will feel like this is where you want to be. Gourmet kitchen with open concept for entertaining both friends and family. Multiple patios and balconies for enjoying those sunsets and sunrises that PK is known for. Private air strip and Marina for added convenience. Easy buggy or golf cart ride on concrete path to your private 2 story boat dock. Dock provides additional entertaining area as well as great fishing.
| |||
| Apr 28, 2021 | No longer available | - | |
| No longer available | |||
| Jun 18, 2020 | Listed | $1,999,000 | |
| Listed | |||
| | |||
|
The iconic Lighthouse on Possum Kingdom lake. The lighthouse sits on a deep water point with panoramic views of the lake from almost every window. This one of kind home has endless custom finishes, souring ceilings and numerous patios and balcony's to take in the natural landscape of Pk Lake and the Palo Pinto mountains. A concrete drive for your golf cart leads you to a deep water 2 story boat dock with lift and great fishing. Enjoy all the amenities of Sportsman World pool, community center, play ground, private airport and Bluff Creek marina. This is truly a one of a kind home and the craftsmanship shows from the time you enter the front door. The Bonus room on the third floor can be a game room or bedroom. The manager has listed the unit size as 4224 square feet.
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Palo Pinto
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Listed by: Dee Dee Jordan, Clark Real Estate Group
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14567831
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14567831
Details provided by NTREIS and may not match the public record
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