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East Tawakoni 75472
271 Lakeview
$300,000
● House - Off Market

271 Lakeview

East Tawakoni, TX 75472
bedrooms
2 Beds
bathrooms
2 Baths
square feet
2,571 Ft²
$407,052
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

Charming 2bedroom 2 bath sits on 3 lots located on Lake Tawakoni.  This perfect location gives you immediate access to water.  Move in ready home is ready for you to make it your own.  The country setting and large yard are outstanding.  Home offers nice kitchen, large living area and dining area all overlooking the back.  The property also has a HUGE detached building which house a 2 car garage and work area, large office space and a boat garage.  Don't let this one get away.  Its a must have!!
Unit Size
2,571 Ft²
Days on Market
-
Land Size
1.08 acres
Price per sqft
$124
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1982

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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: 5 months ago (NTREIS #14467860)

Price History

Date / Event Date Event Price
Feb 26, 2021 Sold
Premium
Sold
Nov 7, 2020 Listed by Miller Homes Group PLLC $320,000
Listed by Miller Homes Group PLLC
Charming 2bedroom 2 bath sits on 3 lots located on Lake Tawakoni. This perfect location gives you immediate access to water. Move in ready home is ready for you to make it your own. The country setting and large yard are outstanding. Home offers nice kitchen, large living area and dining area all overlooking the back. The property also has a HUGE detached building which house a 2 car garage and work area, large office space and a boat garage. Don't let this one get away. Its a must have!!

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 768
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,914
  • Total Building Area: 3,339
  • Gross Building Area: 3,339
  • Building Area: 2,571
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,571
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RABB ESTATES
  • Land Acres: 0000001077
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: RABB ESTATES, LOT 163,164,165, ACRES 1.077

Neighborhood

  • School District Name: Rains Independent School District
  • Census Tract: 950200

Geography

  • Account Number: 27000000163041
  • Subdivision Tract Number: 1630
  • Parcel: R7915
  • Lot: 163-1
  • Municipality: EAST TAWAKONI
  • Latitude: 32.906
  • Longitude: -95.9627

    Address

  • Full Address: 271 Lakeview Dr
  • Address - House Number: 271
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Point
  • Carrier Code: R003
  • 4-Digit Zip Code: 8097
  • Zip Code: 75472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $691,406
  • Tax Rate Code Area: CET ERC GR

    Appraisal Valuation

  • Standard Deviation: 0.434
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 13
  • Final Value: 438,768
  • High Value: 629,206
  • Low Value: 248,329

    Market Valuation

  • Market Total Value: $353,692
  • Market Land Value: $52,779
  • Market Improvement Value: $300,913

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $353,692
  • Assessed Land Value: $52,779
  • Assessed Improvements Value: $300,913

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 26, 2021
  • Current Sale Recording Date: Mar 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Previous Sale Recording Date: Aug 02, 2017
  • Previous Sale Contract Date: Jul 31, 2017
  • Previous Sale Amount: $216,900
  • Previous Sale Document Type: 70
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 East Tawakoni

Stats & Trends

Median Asking:

$224,200

Sale Price/ft²

$169

Below Asking

0.05%

Average Days on Market

78

Average Home Size

1570 ft²

Average Home Age

37.9 years

Currently For Sale

19 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

Unit for rent at 467 Old Mill Lane, East Tawakoni, TX, 75472

$1,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,152 ft²
467 Old Mill Lane, East Tawakoni, TX, 75472 Listing by Jacqueline Valenzuela
Unit for rent at 483 Rs County Road 1605, Point, TX, 75472

$1,400 /mo

  • 2 Beds
  • 1 Bath
  • 850 ft²
483 Rs County Road 1605, Point, TX, 75472 Listing by Amy Perez

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Jennifer Shelton, Miller Homes Group PLLC
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14467860
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 271 Lakeview Drive built and last sold?
The property at 271 Lakeview Drive was built in 1982 and last sold on Feb 26, 2021 for $250,000.
How much is this home worth?
The estimated value of the home located at 271 Lakeview Drive is $327,633.
What are some comparable homes to 271 Lakeview Drive?
There are currently no comparable homes to 271 Lakeview Drive.
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