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Smith 75757 Cedar Bay
22812 Lakeview Circle
$815,000
● House - Off Market

22812 Lakeview Circle

Bullard, TX 75757
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,467 Ft²
$781,034
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Lakefront custom built home on two lots with stunning views overlooking Lake Palestine and Emerald Bay golf course. This home offers 3 bedrooms with 2.5 bathrooms, a large kitchen and a butler's pantry with custom Alderwood cabinets and bookcases. Enjoy listening to your favorite music with the zoned sound system in multiple rooms of the home. Hot tub pad with 220 electrical service and a covered pavilion with electric and water available onsite. The boathouse has 2 slips available and is located in deep water with lifts and a small kitchen area. This home is perfect for entertaining and has outstanding views of several firework shows. No HOA.
Unit Size
2,467 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$314
Property Type
House
Property Taxes
$645
HOA Dues
-
Year Built
2006

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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 #20023960)

Price History

Date / Event Date Event Price
May 25, 2022 Sold
Premium
Sold
Apr 3, 2022 Listed by The Standard Realty Group, LLC $775,000
Listed by The Standard Realty Group, LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 2
  • Construction Type: 0
  • Building Style: 15
  • 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: 682
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,619
  • Total Building Area: 2,467
  • Building Area: 2,467
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 2,467
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDAR BAY
  • Land Acres: 0000001210
  • Standard Land Use Code: 1001
  • County Land Use Code: RESIDENC
  • Legal Description 1: CEDAR BAYLOT 35,36

Neighborhood

  • School District Name: Bullard Independent School District
  • School Tax School District: SCESD #2
  • Census Tract: 001912

Geography

  • Assessors Map Reference: MAP:05025
  • Account Number: R006250
  • Parcel: 1-80110-0002-00-035000
  • Lot: 35-36
  • Municipality: UNINCORPORATED AREA
  • Latitude: 32.1486
  • Longitude: -95.4383

    Address

  • Full Address: 22812 Lakeview Cir
  • Address - House Number: 22812
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Cir
  • State: TX
  • City Name: Bullard
  • Carrier Code: R004
  • 4-Digit Zip Code: 9713
  • Zip Code: 75757

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,299,034
  • Tax Rate Code Area: BULLARD IS

    Appraisal Valuation

  • Standard Deviation: 0.2419
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 885,188
  • High Value: 1,099,391
  • Low Value: 670,985

    Market Valuation

  • Market Total Value: $780,598
  • Market Land Value: $100,901
  • Market Improvement Value: $679,697

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $780,598
  • Assessed Land Value: $100,901
  • Assessed Improvements Value: $679,697

    Sales

  • Current Sale Contract Date: May 25, 2022
  • Current Sale Recording Date: May 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 21096
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 Cedar Bay

Stats & Trends

Median Asking:

$358,500

Sale Price/ft²

$228

Above Asking

0.00%

Average Days on Market

92

Average Home Size

1459 ft²

Average Home Age

29.5 years

Currently For Sale

0 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: Stephanie Miller, The Standard Realty Group, LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20023960
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 22812 Lakeview Circle built and last sold?
The property at 22812 Lakeview Circle was built in 2006 and last sold on May 25, 2022 for $650,370.
How much is this home worth?
The estimated value of the home located at 22812 Lakeview Circle is $0.
What are some comparable homes to 22812 Lakeview Circle?
There are currently no comparable homes to 22812 Lakeview Circle.
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