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Comanche 76442
116 N Lakeway Drive
$135,000
● House - Off Market

116 N Lakeway Drive

Comanche, TX 76442
bedrooms
2 Beds
bathrooms
0 Bath
square feet
930 Ft²
$883
Est. Monthly
11.26%
Cap Rate

About This Property

Have you ever imagined living by the lake? Now, that dream can become your reality. This delightful home is perfectly sized for a relaxed, easygoing lifestyle. It features two bedrooms, one bathroom, a cozy dine-in kitchen, and a fenced backyard for your furry friends. Outside, you'll discover a spacious covered area ideal for parking or outdoor entertaining. Right around the corner from Lake Proctor and PAR Country Club. Give us a call today.
Unit Size
930 Ft²
Days on Market
-
Land Size
0.78 acres
Price per sqft
$150
Property Type
House
Property Taxes
$196
HOA Dues
-
Year Built
2009

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Cap Rate Calculator

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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: 2 years ago (NTREIS #20720415)

Price History

Date / Event Date Event Price
Feb 28, 2025 Sold
Premium
Sold
Feb 1, 2025 In contract -
In contract
Feb 1, 2025 Price Decreased $139,900
↓ $3K (1.8%)
Price Decreased
Oct 15, 2024 Relisted $142,500
Relisted
Oct 8, 2024 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Total Rooms: 2
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,785
  • Lot Size Depth Feet: 2,110
  • Lot Size Frontage Feet: 1,600
  • Total Building Area: 4,481
  • Gross Building Area: 4,481
  • Building Area: 4,481
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,126
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWAY ADDITION
  • Land Acres: 0000000776
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LAKEWAY ADDITION, LOT 1

Neighborhood

  • School District Name: Comanche Independent School District
  • School Tax School District: WTD
  • Census Tract: 950200

Geography

  • Account Number: SCO-05-382-01
  • Parcel: 72778
  • Lot: 1
  • Municipality: COMANCHE
  • Latitude: 31.9596
  • Longitude: -98.4976

    Address

  • Full Address: 116 N Lakeway Dr
  • Address - House Number: 116
  • Street Direction: N
  • Address - Street Name: Lakeway
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Comanche
  • Carrier Code: R001
  • 4-Digit Zip Code: 6606
  • Zip Code: 76442

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $196,906
  • Tax Rate Code Area: FMB GCM HC

    Appraisal Valuation

  • Standard Deviation: 0.4589
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 8
  • Final Value: 65,129
  • High Value: 95,020
  • Low Value: 35,237

    Market Valuation

  • Market Total Value: $171,360
  • Market Land Value: $7,990
  • Market Improvement Value: $163,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $171,360
  • Assessed Land Value: $7,990
  • Assessed Improvements Value: $163,370

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 19, 2021
  • Current Sale Recording Date: Apr 20, 2021
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1066
  • Previous Sale Recording Date: Jan 02, 2018
  • Previous Sale Contract Date: Dec 29, 2017
  • Previous Sale Amount: $58,000
  • Previous Sale Document Type: 70
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 Comanche

Stats & Trends

Median Asking:

$259,000

Sale Price/ft²

$151

Below Asking

0.02%

Average Days on Market

93

Average Home Size

1925 ft²

Average Home Age

59.1 years

Currently For Sale

115 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

Rentals Near You

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NTREIS

Listed by: Cindy Newman, PRIME COUNTRY REAL ESTATE
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20720415
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 116 North Lakeway Road built and last sold?
The property at 116 North Lakeway Road was built in 2009 and last sold on Apr 19, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 116 North Lakeway Road is $0.
What are some comparable homes to 116 North Lakeway Road?
There are currently no comparable homes to 116 North Lakeway Road.
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