$499,000
●
House -
Off Market
1601 Forum Circle #151
Possum Kingdom Lake, TX 76449
2 Beds
0 Bath
2,000 Ft²
$667,259
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
You will fall in love with this renovated home just steps from the
water with a beach entry to the lake - relax and swim or dock your
boat on a shared private dock. There are 2 bedrooms, a shared Jack
and Jill bath with shower, and sink area in master. The gorgeous
large kitchen has lakey blue cabinets, white counters, a
herringbone wood-tile floor, and stainless appliances. There is
lots of living space with a large dining room, a wood burning
fireplace and room for seating. Living room is surrounded by 13,
7-ft windows that look over the lake. The view is beautiful! Enjoy
the lake from Adirondack chairs in the front yard. This is
THE place to watch the sunset - a nightly show you won't want to
miss!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$250
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
-
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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: 3 years ago (NTREIS #14428056)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2020 | Sold | ||
| Sold | |||
| Sep 4, 2020 | Listed by Berkshire HathawayHS Pondera | $499,000 | |
| Listed by Berkshire HathawayHS Pondera | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Carport Spaces: 3
Parking Features: 0
Interior Details
Interior Features: Cable TV Available, High Speed Internet Available
Appliances: Dishwasher, Dryer, Gas Range, Plumbed For Gas in Kitchen, Refrigerator, Washer
Flooring Type: Carpet, Wood
Has Fireplace
Wood Burning
Fireplaces: 1
Exterior Details
Listing Terms: Cash, Conventional
Foundation Details: Slab
Roof: Composition
Construction Materials: Siding
Few Trees, Water/Lake View
Lot Size Acres: 0.1460
Financial Details
Tax Lot: 151
Unexempt Taxes: $3,960
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Natural Gas
Water Body Name: Possum Kingdom
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/18/2025
|
4 Bed
|
3 Bath
|
3215 ft²
|
$685,000
4 Bed
3 Bath
3215 ft²
|
-
-
|
Keith Hanssen
Possum Kingdom Real Estate
| |
|
10/18/2025
|
3 Bed
|
3 Bath
|
2800 ft²
|
$1,250,000
3 Bed
3 Bath
2800 ft²
|
$1,187,000
-5.04%
05/04/2026
|
Jan Johanson
eXp Realty LLC
| |
|
09/04/2025
|
2 Bed
|
1 Bath
|
1554 ft²
|
$450,000
2 Bed
1 Bath
1554 ft²
|
$375,000
-16.67%
04/02/2026
|
Jan Johanson
eXp Realty LLC
| |
|
04/05/2021
|
3 Bed
|
-
|
2800 ft²
|
$685,000
3 Bed
-
2800 ft²
|
$735,000
+7.30%
05/13/2021
|
Jan Johanson
eXp Realty LLC
| |
|
08/30/2020
|
4 Bed
|
4 Bath
|
2669 ft²
|
$575,000
4 Bed
4 Bath
2669 ft²
|
-
-
|
-
| |
|
09/25/2020
|
3 Bed
|
-
|
1422 ft²
|
$165,000
3 Bed
-
1422 ft²
|
$155,000
-6.06%
01/21/2021
|
Jo Lynn Miller
Lake Homes Realty, LLC
| |
|
09/04/2020
|
2 Bed
|
-
|
2000 ft²
|
$499,000
2 Bed
-
2000 ft²
|
$499,000
10/02/2020
|
Jackie Fewell
Berkshire HathawayHS Pondera
| |
|
07/29/2017
| |
3 Bed
|
2 Bath
|
1422 ft²
|
-
3 Bed
2 Bath
1422 ft²
|
-
-
|
-
|
Building Info
About Palo Pinto
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Listed by: Jackie Fewell, Berkshire HathawayHS Pondera
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14428056
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14428056
Details provided by NTREIS and may not match the public record
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