See Home Value
$314,000
● House - Off Market

118 Carmel Drive

Bullard, TX 75757
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,618 Ft²
$1,937
Est. Monthly
$390
HOA / Fees
2.99%
Cap Rate

About This Property

Discover the ultimate blend of luxury and leisure in the gated Emerald Bay community on Lake Palestine! This exclusive neighborhood offers an unparalleled lifestyle with golfing, tennis, a swimming pool, a clubhouse, and more. This beautifully remodeled home is located on a cul-de-sac, and has been updated inside and out in both 2022 and 2024. The exterior features fresh paint, new gutters, enhanced landscaping with updated lighting, and a brand-new sprinkler system to keep it pristine. Additional recent improvements include a new AC unit, water heater, garage door with openers, fencing, and new blinds. Step inside to an inviting open floor plan with new vinyl plank flooring and a spacious family room featuring a stunning tiled fireplace with a wood mantel and shiplap accent wall. The heart of the home-the kitchen-is a chef's dream, equipped with top-of-the-line Bosch stainless steel appliances, including a gas cooktop, double ovens, microwave, refrigerator, and dishwasher. Quartz countertops, a sleek stainless Elkay bib sink, and floating shelves complete this stylish space. Retreat to the luxurious primary suite, where the bathroom boasts a large seamless-glass shower, rain faucet, designer tile backsplash, and elegant tile flooring. The hall bath mirrors the same high-end finishes for a cohesive, upscale feel. Outdoor living is just as impressive, with a covered patio perfect for entertaining, and privacy fenced backyard. The two-car side-entry garage provides additional storage and convenience. Ask your agent for the total list of updates and items for sale! Don't miss the opportunity to enjoy the country club lifestyle in this meticulously updated home. Schedule your private tour today!
Unit Size
1,618 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$195
Property Type
House
Property Taxes
-
HOA Dues
$390
Year Built
1980

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Cap Rate Calculator

Last updated: 2 years ago (NTREIS #20877967)

Price History

Date / Event Date Event Price
Sep 2, 2025 Sold
Sold
Jul 27, 2025 In contract -
In contract
Jul 14, 2025 Price Decreased $314,900
↓ $4K (1.3%)
Price Decreased
May 28, 2025 Price Decreased $319,000
↓ $6K (1.8%)
Price Decreased
Mar 21, 2025 Listed by Dwell Realty $324,900
Listed by Dwell Realty
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Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 6
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,416
  • Total Building Area: 1,618
  • Building Area: 1,618
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 1,618
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EMERALD BAY
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: RESIDENC
  • Legal Description 1: EMERALD BAYLOT 271

Neighborhood

  • School District Name: Bullard Independent School District
  • School Tax School District: SCESD #2
  • Census Tract: 001912

Geography

  • Assessors Map Reference: MAP:05065
  • Account Number: R007089
  • Parcel: 1-80270-0003-00-271000
  • Lot: 271
  • Municipality: UNINCORPORATED AREA
  • Latitude: 32.1607
  • Longitude: -95.4393

    Address

  • Full Address: 118 Carmel Dr
  • Address - House Number: 118
  • Address - Street Name: Carmel
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Bullard
  • Carrier Code: R003
  • 4-Digit Zip Code: 9365
  • Zip Code: 75757

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $409,601
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: BULLARD IS

    Appraisal Valuation

  • Standard Deviation: 0.1808
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 338,997
  • High Value: 400,310
  • Low Value: 277,683

    Market Valuation

  • Market Total Value: $246,132
  • Market Land Value: $21,000
  • Market Improvement Value: $225,132

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $246,132
  • Assessed Land Value: $21,000
  • Assessed Improvements Value: $225,132

    Sales

  • Current Sale Contract Date: Jul 18, 2023
  • Current Sale Recording Date: Jul 19, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 21336
  • Previous Sale Recording Date: Jul 06, 2018
  • Previous Sale Contract Date: Jul 05, 2018
  • Previous Sale Amount: $63,700
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Emerald Bay


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Frequently Asked Questions

When was property at 118 Carmel Road built and last sold?
The property at 118 Carmel Road was built in 1980 and last sold on Jul 18, 2023 for $324,520.
How much is this home worth?
The estimated value of the home located at 118 Carmel Road is $318,049.
What are some comparable homes to 118 Carmel Road?
There are currently no comparable homes to 118 Carmel Road.