$350,000
●
Land -
Off Market
4521 White Lane
Possum Kingdom Lake, TX 76450
Studio
0 Bath
$497,389
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
FABULOUS .76 Acre Level WATERFRONT LOT with DOCK ready to build
your Dream PK Lake house or bring in an RV or Manufactured home for
instant Lake living and year around entertaining and Lake lifestyle
fun. Stunning Open Waterfront Views with Newly Expanded and
Re-Roofed 38X38 Dock with 10X30 Single Boat Slip and New Watercraft
Lift on 12Ft of water, with Storage. Retaining Wall and build area
already set up for a garage or shop. Great protected cove near Fox
Hollow and Possum Hollow for great Lake side dining. Great Fishing
as well. Short drive to Graham for amenities, restaurants and
shopping, and located in the nearest area to access the Westside of
the Lake, from FM 1148. Water & Electric Meters already set.
Unit Size
-
Days on Market
-
Land Size
0.76 acres
Price per sqft
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Property Type
Land
Property Taxes
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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: 5 months ago (NTREIS #14514870)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 24, 2021 | Sold | ||
| Sold | |||
| Feb 7, 2021 | Listed by Possum Kingdom Real Estate | $399,999 | |
| Listed by Possum Kingdom Real Estate | |||
| | |||
|
FABULOUS .76 Acre Level WATERFRONT LOT with DOCK ready to build your Dream PK Lake house or bring in an RV or Manufactured home for instant Lake living and year around entertaining and Lake lifestyle fun. Stunning Open Waterfront Views with Newly Expanded and Re-Roofed 38X38 Dock with 10X30 Single Boat Slip and New Watercraft Lift on 12Ft of water, with Storage. Retaining Wall and build area already set up for a garage or shop. Great protected cove near Fox Hollow and Possum Hollow for great Lake side dining. Great Fishing as well. Short drive to Graham for amenities, restaurants and shopping, and located in the nearest area to access the Westside of the Lake, from FM 1148. Water & Electric Meters already set.
| |||
| Jun 9, 2020 | Sold | ||
| Sold | |||
| May 8, 2019 | Listed by Possum Kingdom Real Estate | $250,000 | |
| Listed by Possum Kingdom Real Estate | |||
| | |||
|
FABULOUS .76 Acre Level WATERFRONT LOT with DOCK ready to build your Dream PK Lake house or bring in an RV or Manufactured home for instant Lake living and year around entertaining and Lake lifestyle fun. Stunning Open Waterfront Views with New $65k-26X32 Dock with 10X22 Single Boat Slip and Lift on 12Ft of water, plus a 12X18 Swim, Sun & Phenomenal Fishing platform. Retaining Wall and build area for a 30X35 Garage not yet constructed, so you can design and build your own custom set up. Great protected cove near Fox Hollow and Possum Hollow for great Lake side dining. Short drive to Graham for amenities, restaurants and shopping, and located in the nearest area to access the Westside of the Lake, from FM 1148.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Palo Pinto
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Listed by: Maggie Burgess, Possum Kingdom Real Estate
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14514870
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14514870
Details provided by NTREIS and may not match the public record
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