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Erath
2255 Lakeside Drive
$350,000
● House - Off Market

2255 Lakeside Drive

Bluff Dale, TX 76433
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,584 Ft²
$349,045
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Totally updated home in Mountain Lakes Ranch on 2 acres!  Home features all new interior and exterior paint, new carpet throughout, new plumbing fixtures and all new light fixtures.  Kitchen has stainless appliances, including refrigerator and granite countertop.  Awesome 2nd story deck with new staircase for outside access with awesome lake views! Majority of back lot is fenced with cattle gate access.  Awesome location halfway between Stephenville and Granbury.  HOA features community pool with pavilion, 100 acre recreational lake, 45 acre fishing lake, clubhouse, community garden, RV and boat storage, RV park for guests, community park and playground! Must See Property!

*Dishwasher and bathroom mirrors to be installed.
Unit Size
1,584 Ft²
Days on Market
-
Land Size
2.02 acres
Price per sqft
$221
Property Type
House
Property Taxes
$247
HOA Dues
$25
Year Built
2013

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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 #20372653)

Price History

Date / Event Date Event Price
Jul 31, 2023 Sold
Premium
Sold
Jul 4, 2023 Listed by 4D Real Estate Group $350,000
Listed by 4D Real Estate Group

Property Highlights

Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 288
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,996
  • Total Building Area: 1,584
  • Gross Building Area: 1,584
  • Building Area: 1,584
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,584
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MOUNTAIN LAKES
  • Land Acres: 0000001010
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: S6755 MOUNTAIN LAKES, SECTION ONE, TRACT 138

Neighborhood

  • School District Name: Stephenville Independent School District (9-12) in Bluff Dale
  • School Tax School District: BLUFF DALE ISD
  • School Tax District Code 2: ROAD & BRIDGE
  • School Tax District Code 3: MIDDLE TRINITY
  • Census Tract: 950100

Geography

  • Account Number: R.6755.01380.00.0
  • Section: 1
  • Subdivision Tract Number: 138
  • Parcel: R000066856
  • Municipality: BLUFF DALE
  • Latitude: 32.3277
  • Longitude: -98.005

    Address

  • Full Address: 2255 Lakeside Dr
  • Address - House Number: 2255
  • Address - Street Name: Lakeside
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Bluff Dale
  • Carrier Code: R001
  • 4-Digit Zip Code: 4212
  • Zip Code: 76433

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $171,402
  • Tax Rate Code Area: 72 904 MTD

    Appraisal Valuation

  • Standard Deviation: 0.2436
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 65
  • Final Value: 356,052
  • High Value: 442,801
  • Low Value: 269,303

    Market Valuation

  • Market Total Value: $272,390
  • Market Land Value: $30,300
  • Market Improvement Value: $242,090

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $272,390
  • Assessed Land Value: $30,300
  • Assessed Improvements Value: $242,090

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 28, 2023
  • Current Sale Recording Date: Jul 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 4289
  • Previous Sale Recording Date: Apr 28, 2023
  • Previous Sale Contract Date: Apr 27, 2023
  • Previous Sale Amount: $276,746
  • Previous Sale Document Type: 27
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 Erath

Stats & Trends

Median Asking:

$372,000

Sale Price/ft²

$209

Below Asking

0.02%

Average Days on Market

70

Average Home Size

1983 ft²

Average Home Age

9 years

Currently For Sale

252 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

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NTREIS

Listed by: Ross Dillingham, 4D Real Estate Group
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20372653
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2255 Lakeside Drive built and last sold?
The property at 2255 Lakeside Drive was built in 2013 and last sold on Jul 28, 2023 for $442,225.
How much is this home worth?
The estimated value of the home located at 2255 Lakeside Drive is $0.
What are some comparable homes to 2255 Lakeside Drive?
There are currently no comparable homes to 2255 Lakeside Drive.
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