$935,000
●
House -
Off Market
1727 Park Road 36
Possum Kingdom Lake, TX 76449
4 Beds
0 Bath
2,362 Ft²
$1,395,057
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
Drop anchor here and enjoy a home right in the heart of Possum
Kingdom Lake! Minutes from all services Live a serene life in this
partial remodeled and well maintained lakefront Rustic Hacienda
with lake country beauty. Come see the advantages offered; new
electronic gated entry, brick drive, courtyard, crown moldings,
Pella windows, natural woodwork, hardwood & tile flooring, vivid
interior colors, and private Lakeview master suite. Enjoy a
masterfully designed hillside multiple level deck with terraced
stairway. The DEEP WATER boathouse offers a covered party deck &
fully enclosed boat slips. Come see what this Peninsula home has to
offer!
Unit Size
2,362 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$421
Property Type
House
Property Taxes
$1,228
HOA Dues
-
Year Built
1992
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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 #14302472)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2023 | Sold | ||
| Sold | |||
| May 11, 2023 | Listed by Creekview Realty | $1,675,000 | |
| Listed by Creekview Realty | |||
| | |||
|
Beautiful renovation just finished on both the House and Boathouse. Completely new kitchen, baths, vaulted ceilings, Marvin Windows, spray foamed attic and Kitchenaid professional appliances. High impact metal roof. Substructure of the two story 1900 sq. foot boathouse replaced with steel beams and TREX decking, fully enclosed first floor, 2 boat slips and covered party deck. Coveted North Shore Peninsula location, with deep water, calmer than other areas shielded from North winds and close to all services. Property developed to feature its own cove on 197’ of waterfront. New electric gated entry, brick drive, courtyard. Enjoy a masterfully designed hillside multiple level deck with terraced stairway.
| |||
| Jun 15, 2020 | Sold | ||
| Sold | |||
| Mar 12, 2020 | Listed by Possum Kingdom Real Estate | $995,000 | |
| Listed by Possum Kingdom Real Estate | |||
| Jul 9, 2017 | Listed | $825,000 | |
| Listed | |||
| | |||
|
Live a serene life in this lakefront Rustic Hacienda with lake country beauty. Come see the advantages offered; brick drive, courtyard, crown moldings, new Pella windows, natural woodwork, hardwood flooring, newly decorated, and private Lakeview master suite. Enjoy a masterfully designed hillside terraced stairway. The boathouse offers a covered party deck & boat lift. Drop anchor here and enjoy a home with delightful access to Possum Kingdom! The manager has listed the unit size as 2362 square feet.
| |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Palo Pinto
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Listed by: Keith Hanssen, Possum Kingdom Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14302472
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14302472
Details provided by NTREIS and may not match the public record
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