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Log Cabin 75148
14153 Park Way
$775,500
● House - Off Market

14153 Park Way

Log Cabin, TX 75148
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,012 Ft²
$886,942
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Furnished open water home sleeps 18 with short term rental history in exclusive, gated community across from Long Cove with spectacular July 4 firework shows. Large outdoor covered-uncovered decks overlook nice yard with waterside fire pit. Home offers 4 bedrooms with 3 queen beds, 1 king bed, & 2 trundle beds plus converted garage bunk room with 6 single bunk beds. Open concept living features spacious kitchen w island, breakfast area & large family room with fireplace. Located on half an acre with 93 ft. waterfront provides room for cornhole, volleyball & more.  Boathouse with party deck, boat & PWC slips. Includes, furnishings, dishes, linens, appliances, televisions so you can immediately enjoy lake living!
Unit Size
2,012 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$385
Property Type
House
Property Taxes
-
HOA Dues
$25
Year Built
2002

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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 #14626271)

Price History

Date / Event Date Event Price
Aug 25, 2021 Sold
Premium
Sold
Jul 17, 2021 Listed by Ebby Halliday Realtors $775,000
Listed by Ebby Halliday Realtors
Furnished open water home sleeps 18 with short term rental history in exclusive, gated community across from Long Cove with spectacular July 4 firework shows. Large outdoor covered-uncovered decks overlook nice yard with waterside fire pit. Home offers 4 bedrooms with 3 queen beds, 1 king bed, & 2 trundle beds plus converted garage bunk room with 6 single bunk beds. Open concept living features spacious kitchen w island, breakfast area & large family room with fireplace. Located on half an acre with 93 ft. waterfront provides room for cornhole, volleyball & more. Boathouse with party deck, boat & PWC slips. Includes, furnishings, dishes, linens, appliances, televisions so you can immediately enjoy lake living!

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,806
  • Lot Size Depth Feet: 2,370
  • Lot Size Frontage Feet: 920
  • Total Building Area: 2,012
  • Gross Building Area: 2,012
  • Building Area: 2,012
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,012
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PELICAN POINT (10)
  • Land Acres: 0000000501
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LT 6 AB 133 T CARO SUR, PELICAN POINT LT 6, D/366

Neighborhood

  • School District Name: Eustace Independent School District
  • School Tax School District: EUSTACE ISD
  • Census Tract: 951000

Geography

  • Assessors Map Reference: 27X
  • Account Number: R000068043
  • Parcel: 3796-0000-0060-34
  • Lot: 6
  • Municipality: CITY OF LOG CABIN
  • Latitude: 32.217
  • Longitude: -96.0174

    Address

  • Full Address: 14153 Park Way
  • Address - House Number: 14153
  • Address - Street Name: Park
  • Address - Suffix Type: Way
  • State: TX
  • City Name: Malakoff
  • Zip Code: 75148

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,497,196
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: EU,HC,HE,H

    Appraisal Valuation

  • Standard Deviation: 0.4461
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 10
  • Final Value: 563,869
  • High Value: 815,466
  • Low Value: 312,271

    Market Valuation

  • Market Total Value: $772,488
  • Market Land Value: $319,938
  • Market Improvement Value: $452,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $772,488
  • Assessed Land Value: $319,938
  • Assessed Improvements Value: $452,550

    Sales

  • Current Sale Contract Date: Aug 25, 2021
  • Current Sale Recording Date: Aug 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021-00016520
  • Previous Sale Recording Date: Jun 03, 2014
  • Previous Sale Contract Date: May 21, 2014
  • Previous Sale Document Type: 71
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 Log Cabin

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$194

Below Asking

0.04%

Average Days on Market

93

Average Home Size

1615 ft²

Average Home Age

18.9 years

Currently For Sale

10 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 7001 Porthville Drive, Mabank, TX, 75156

$1,295 /mo

  • 1 Bed
  • 1 Bath
  • 1,011 ft²
7001 Porthville Drive, Mabank, TX, 75156 Listing by Rhonda Chapman

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Debbie French, Ebby Halliday Realtors
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14626271
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 14153 Park Way built and last sold?
The property at 14153 Park Way was built in 2002 and last sold on Aug 25, 2021 for $484,700.
How much is this home worth?
The estimated value of the home located at 14153 Park Way is $773,991.
What are some comparable homes to 14153 Park Way?
There are currently no comparable homes to 14153 Park Way.
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