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Emerald Bay 75757 Emerald Bay
15686 Lakeside Drive
$729,000
● House - Off Market

15686 Lakeside Drive

Bullard, TX 75757
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
3,274 Ft²
$750,699
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Beautiful waterfront home on Lake Palestine that has been completely remodeled! Spacious 4 bedroom, 2.5 bath home with a gunite swimming pool and boathouse. Designed to make the most of lake living, this home features a huge 51' x 20' family room overlooking the water. Enjoy waking up each morning in a master bedroom with an equally beautiful view of the lake. From the kitchen you can even take in the view while you cook or sit at the island. There's three additional bedrooms, dining area, laundry room with sink, workshop off the garage, and a new deck off the master bedroom. From the family room, step out to the patio for entertaining and the best views of the lake. Perfect to AirBnB!
Unit Size
3,274 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$223
Property Type
House
Property Taxes
$919
HOA Dues
$3
Year Built
1977

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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: 3 years ago (NTREIS #14683324)

Price History

Date / Event Date Event Price
Mar 3, 2022 Sold
Premium
Sold
Oct 3, 2021 Listed by Keller Williams Realty Tyler $729,000
Listed by Keller Williams Realty Tyler
Jul 24, 2020 Sold
Premium
Sold
Jun 26, 2020 Listed by United Country-Lake Palestine $649,900
Listed by United Country-Lake Palestine
Fantastic waterfront home that has been completely remodeled! Spacious design with gunite pool & boathouse. Enjoy lake views from most of the home. Home complete with a deck off the master bedroom, kitchen island, workshop off the garage, patio, sink in laundry room, plantation shutters, & covered deck on the lake attached to boathouse with bulkhead. It is lake living at its best! Located in Windcliff Harbor & highly sought-after Bullard school district.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 2
  • 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: 600
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 8,102
  • Lot Size Depth Feet: 801
  • Lot Size Frontage Feet: 1,011
  • Total Building Area: 3,274
  • Building Area: 3,274
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 3,274
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: METCALF
  • Land Acres: 0000000186
  • Standard Land Use Code: 1001
  • County Land Use Code: RESIDENC
  • Legal Description 1: METCALFLOT 24,23PT

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: R009059
  • Parcel: 1-80815-0000-00-024000
  • Lot: 24,23P
  • Municipality: UNINCORPORATED AREA
  • Latitude: 32.1647
  • Longitude: -95.4329

    Address

  • Full Address: 15686 Lakeside Dr
  • Address - House Number: 15686
  • Address - Street Name: Lakeside
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Bullard
  • Carrier Code: R010
  • 4-Digit Zip Code: 9562
  • Zip Code: 75757

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,436,274
  • Tax Rate Code Area: BULLARD IS

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 75
  • Final Value: 683,430
  • High Value: 811,586
  • Low Value: 555,273

    Market Valuation

  • Market Total Value: $863,067
  • Market Land Value: $100,800
  • Market Improvement Value: $762,267

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $863,067
  • Assessed Land Value: $100,800
  • Assessed Improvements Value: $762,267

    Sales

  • Current Sale Contract Date: Mar 03, 2022
  • Current Sale Recording Date: Mar 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 10137
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 Emerald Bay

Stats & Trends

Median Asking:

$632,000

Sale Price/ft²

$230

Below Asking

0.01%

Average Days on Market

90

Average Home Size

2752 ft²

Average Home Age

34.8 years

Currently For Sale

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

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Currently no similar homes around

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NTREIS

Listed by: Jena Waldron, Keller Williams Realty Tyler
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14683324
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 15686 Lakeside Drive built and last sold?
The property at 15686 Lakeside Drive was built in 1977 and last sold on Mar 3, 2022 for $724,850.
How much is this home worth?
The estimated value of the home located at 15686 Lakeside Drive is $0.
What are some comparable homes to 15686 Lakeside Drive?
There are currently no comparable homes to 15686 Lakeside Drive.
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