$270,000
●
Condo -
Off Market
501 Eagle Point
Possum Kingdom Lake, TX 76449
2 Beds
0 Bath
1,502 Ft²
$417,429
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
Want the best waterfront view on Possum Kingdom Lake? You have
found it! Lock and leave 2 bedroom, 2 bath, located on the ground
floor with zero stairs, low maintenance condo. Light, bright, and
well maintained. Massive north east facing covered balcony
overlooking the best lake in Texas! Full access to all Cliffs
Resort amenities including unlimited golf, additional pools,
tennis, spa, restaurant, hotel, RV park, beach, 24-7 security, and
full service marina that has just been remodeled. Some furnishing
included.
Unit Size
1,502 Ft²
Days on Market
-
Land Size
-
Price per sqft
$190
Property Type
Condo
Property Taxes
$355
HOA Dues
$425
Year Built
1999
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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: 3 years ago (NTREIS #14168151)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 21, 2019 | Sold | ||
| Sold | |||
| Aug 21, 2019 | Listed by Williams Trew Real Estate | $285,000 | |
| Listed by Williams Trew Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Length: 20
Garage Width: 16
Garage Spaces: 1
Interior Details
Interior Features: Decorative Lighting, High Speed Internet Available
Appliances: Dishwasher, Disposal, Electric Range, Microwave, Plumbed for Ice Maker, Refrigerator
Flooring Type: Carpet, Ceramic Tile
Dimension: 8.00 x 12.00
Level: 1
Features: Built-in Cabinets, Dual Sinks
Dimension: 6.00 x 9.00
Level: 1
Features: Built-in Cabinets
Dimension: 6.00 x 9.00
Level: 1
Features: Built-in Cabinets
Dimension: 6.00 x 9.00
Level: 1
Features: Built-in Cabinets
Has Fireplace
Blower Fan, Wood Burning
Fireplaces: 1
Exterior Details
Listing Terms: Cash, Conventional
Foundation Details: Slab
Other Structures: Gazebo
Roof: Composition
Window Features: Window Coverings
Construction Materials: Concrete, Rock/Stone, Wood
Outdoor Living Structures: Covered, Deck, Patio
Pool Features: Cabana, Fenced, Gunite, In Ground, Infinity, Pool Sweep, Salt Water, Sport, Water Feature
Sprinkler System, Subdivision, Water/Lake View
Lot Size Dimensions: tbv
Lot Size Acres: 0.0000
Financial Details
Unexempt Taxes: $4,264
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric
Water Body Name: Possum Kingdom
Location Details
HOA/Condo/Coop Fee Includes: Full Use of Facilities, Insurance, Maintenance Grounds, Maintenance Structure, Management Fees, Security
HOA Fee: $425
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/23/2023
| |
2 Bed
|
-
|
1502 ft²
|
$489,000
2 Bed
-
1502 ft²
|
$457,500
-6.44%
08/10/2023
|
Lorin Buck
Williams Trew Real Estate
|
|
08/21/2019
| |
2 Bed
|
-
|
1502 ft²
|
$285,000
2 Bed
-
1502 ft²
|
$270,000
-5.26%
10/21/2019
|
Lorin Buck
Williams Trew Real Estate
|
Building Info
About Palo Pinto
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Listed by: Lorin Buck, Williams Trew Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14168151
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14168151
Details provided by NTREIS and may not match the public record
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