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Thunderbird Bay 76857
4151 Shoshoni Drive
$185,000
● House - Off Market

4151 Shoshoni Drive

May, TX 76857
bedrooms
2 Beds
bathrooms
2 Baths
square feet
924 Ft²
$1,108
Est. Monthly
$27
HOA / Fees
5.58%
Cap Rate

About This Property

Completely updated home on 5 lots in Thunderbird Bay. This home is move in ready and furnished with an acceptable offer. Just bring your personal items and move right in! This home would also make an exceptional lake house as it's only a few minutes from Brownwood Lake. Updates include new siding, windows, and covered front deck in 2022. New flooring, granite countertops, paint, and cabinets in 2019. This property also includes two brand new shops. Shop #1 built in 2019 - 20X25, insulated, electric, 12 ft walls, lean-to attached, and comes with the green golfcart. Shop #2 built in 2023 - 30X35, insulated, electrical, 220 outlet, on separate electrical service, 30 amp RV plug but room to add 50 amp, and 12 ft doors. Deer abound on this property which makes for a very peaceful setting.
Unit Size
924 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$238
Property Type
House
Property Taxes
-
HOA Dues
$27
Year Built
1984

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Cap Rate Calculator

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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: 2 years ago (NTREIS #20852003)

Price History

Date / Event Date Event Price
Apr 4, 2025 Sold
Premium
Sold
Feb 23, 2025 Listed by Turnkey Realty LLC $220,000
Listed by Turnkey Realty LLC

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,965
  • Lot Size Depth Feet: 860
  • Lot Size Frontage Feet: 810
  • Total Building Area: 924
  • Gross Building Area: 1,164
  • Building Area: 924
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 924
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THUNDERBIRD BAY SECTION I
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: THUNDERBIRD BAY SECTION I, LOT 162, MH LABEL # TEX0313150

Neighborhood

  • School District Name: May Independent School District
  • Census Tract: 950100

Geography

  • Account Number: R8443-0162-00
  • Parcel: 47027
  • Lot: 162
  • Municipality: MAY
  • Latitude: 31.8982
  • Longitude: -99.0155

    Address

  • Full Address: 4151 Shoshoni Dr
  • Address - House Number: 4151
  • Address - Street Name: Shoshoni
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: May
  • Zip Code: 76857

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $47,550
  • Tax Rate Code Area: GBC RRF SM

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 59,795
  • High Value: 73,612
  • Low Value: 45,977

    Market Valuation

  • Market Total Value: $39,460
  • Market Land Value: $3,480
  • Market Improvement Value: $35,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,460
  • Assessed Land Value: $3,480
  • Assessed Improvements Value: $35,980

    Sales

  • Current Sale Contract Date: May 12, 2017
  • Current Sale Recording Date: Jun 09, 2017
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1703362
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 Thunderbird Bay

Stats & Trends

Median Asking:

$161,250

Sale Price/ft²

$134

Below Asking

0.06%

Average Days on Market

105

Average Home Size

1409 ft²

Average Home Age

24.8 years

Currently For Sale

8 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: Melanie Williams, Turnkey Realty LLC
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20852003
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 4151 Shoshoni Circle built and last sold?
The property at 4151 Shoshoni Circle was built in 1984 and last sold on May 12, 2017 for $0.
How much is this home worth?
The estimated value of the home located at 4151 Shoshoni Circle is $0.
What are some comparable homes to 4151 Shoshoni Circle?
There are currently no comparable homes to 4151 Shoshoni Circle.
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