$775,000
●
House -
Off Market
158 Palisade Drive
Mabank, TX 75156
4 Beds
3 Baths
2,757 Ft²
$851,400
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
Beautifully remodeled lake house on 2 nice sized lots with 2
separate boat docks & party decks...positioned to capture privacy &
relaxation with impressive panoramic water views. Expansive open
concept living - dining - kitchen ideal for entertaining & daily
ease. Generous kitchen with ample cabinets, gas cooktop, double
ovens, built-in microwave, built-in pantry with additional storage,
granite countertop with seating, & SST appliances. Living room wood
burning fireplace - propane piped if desired to hook up. Large
downstairs - water facing - master suite. Upstairs ensuite -water
facing- with peaceful outdoor patio. Separate guest house - water
facing - perfect for office, gym, added sleeping & or workshop.
Unit Size
2,757 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$272
Property Type
House
Property Taxes
-
HOA Dues
$4
Year Built
1999
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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 #14653518)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 21, 2021 | Sold | ||
| Sold | |||
| Aug 25, 2021 | Listed by Ebby Halliday Realtors | $750,000 | |
| Listed by Ebby Halliday Realtors | |||
| | |||
|
Beautifully remodeled lake house on 2 nice sized lots with 2 separate boat docks & party decks...positioned to capture privacy & relaxation with impressive panoramic water views. Expansive open concept living - dining - kitchen ideal for entertaining & daily ease. Generous kitchen with ample cabinets, gas cooktop, double ovens, built-in microwave, built-in pantry with additional storage, granite countertop with seating, & SST appliances. Living room wood burning fireplace - propane piped if desired to hook up. Large downstairs - water facing - master suite. Upstairs ensuite -water facing- with peaceful outdoor patio. Separate guest house - water facing - perfect for office, gym, added sleeping & or workshop.
| |||
| Sep 14, 2020 | Sold | ||
| Sold | |||
| Jul 28, 2020 | Listed by McAtee Realty Of Gun Barrel TX | $449,000 | |
| Listed by McAtee Realty Of Gun Barrel TX | |||
| | |||
|
MLS #: 91896. GB-8591. ****CAN'T BE SHOWN UNTIL AUGUST 11TH**** EXCEPTIONAL SPACIOUS HOME ON 2 WATERFRONT LOTS, MATURE TREES & BEAUTIFUL VIEWS - 2 LIVING AREAS, VAULTED CEILINGS, BRICK FIREPLACE - HUGE KITCHEN, ISLAND PREP AREA, SERVING BAR - WONDERFUL COVERED PORCH - BEAUTIFUL YARD - ADDITIONAL DETACHED GARAGE WITH HALF BATH.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Henderson
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Listed by: Derik Hendrix, Ebby Halliday Realtors
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14653518
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14653518
Details provided by NTREIS and may not match the public record
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