$535,000
●
House -
Off Market
301 Oak Drive
Tool, TX 75143
3 Beds
1 Bath,
1
Half Bath
1,778 Ft²
$735,456
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Great Opportunity for Your Own Piece of Lake Living! This 3
Bedroom, 2.5 Bath with Boat Dock is Ideal for Those Wanting to Get
Away and Relax Lakeside at Cedar Creek Lake! Spacious Backyard
Offers Ample Space for Taking in the Water Views and Colorful
Sunsets. Entertain on the Oversized Deck or Grill Under the
Pergola! Leave Your Worries Behind and Enjoy the Lake Life!
Unit Size
1,778 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$309
Property Type
House
Property Taxes
$546
HOA Dues
-
Year Built
-
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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 #14425725)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2024 | No longer available | - | |
| No longer available | |||
| May 29, 2024 | Sold | ||
| Sold | |||
| May 21, 2024 | Listed by Keller Williams Realty - Waxahachie | $599,000 | |
| Listed by Keller Williams Realty - Waxahachie | |||
| | |||
|
Welcome to your dream lakefront retreat or newest short-term rental with a breathtaking view of wide open water on Cedar Creek Lake.The 2 slip boathouse with touch free cover and party deck is in protected water for easy boat parking and has 106 ft. of water frontage with metal seawall.This charming 3 bed,2.5 bath has a thoughtfully designed split floor plan with a wall of windows and Pella sliding doors to let the morning sun light in while you enjoy your morning coffee.HVAC replaced in 2022 and solar shades were installed in 2023.Bring your family and friends to enjoy the outdoor living area that has a large deck with hot tub,pergola and firepit that is perfect for hosting and making fun memories.Lots of storage throughout the home,WBF and the master bath has been beautifully updated.One-car garage, plus covered carport with additional parking.This lakeside gem offers both comfort & functionality and won't last long.Survey and T-47 available.Sellers will consider selling furniture. The manager has listed the unit size as 1778 square feet.
| |||
| May 2, 2024 | In contract | - | |
| In contract | |||
| Mar 7, 2024 | Listed by Keller Williams Realty | $599,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Welcome to your dream lakefront retreat or newest short-term rental with a breathtaking view of wide open water on Cedar Creek Lake.The 2 slip boathouse with touch free cover and party deck is in protected water for easy boat parking and has 106 ft. of water frontage with metal seawall.This charming 3 bed,2.5 bath has a thoughtfully designed split floor plan with a wall of windows and Pella sliding doors to let the morning sun light in while you enjoy your morning coffee.HVAC replaced in 2022 and solar shades were installed in 2023.Bring your family and friends to enjoy the outdoor living area that has a large deck with hot tub,pergola and firepit that is perfect for hosting and making fun memories.Lots of storage throughout the home,WBF and the master bath has been beautifully updated.One-car garage, plus covered carport with additional parking.This lakeside gem offers both comfort & functionality and won't last long.Survey and T-47 available.Sellers will consider selling furniture.
| |||
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Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Tool
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Listed by: Rodney Holland, Keller Williams Rockwall
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14425725
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14425725
Details provided by NTREIS and may not match the public record
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