$600,000
●
House -
Off Market
507 Old Mill Lane
East Tawakoni, TX 75472
3 Beds
0 Bath
2,180 Ft²
$625,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model
About This Property
BUYERS CONTINGENCY CONTRACT FELL THROUGH! STUNNING WATERFRONT
HOME ON LAKE TAWAKONI! House maximizes lake views wherever
possible! 2nd floor is the master suite with an office,
bathroom & 2nd utility room, coffee bar & mini frig & uniquely made
out of reclaimed wood from a vintage railroad car, fireplace, &
balcony with lake view! Downstairs has a large open kitchen, living
& dining room with 2 bedrooms & 1 bath plus additional utility
room. The lakeside living room provides the perfect escape with
large windows overlooking the lake, mature trees & stay warm by the
fireplace during the winter months. Open modern kitchen has
everything you need with granite counters, oven with warmer drawer,
farm house sink, stainless steel appliances & kitchen island. Room
for all the toys in the 4 car attached garage plus garage with
carport. Property is fenced with automatic gate. Boat ramp nearby!
Boat dock, 8 foot walk way to drive golf cart all the way to your
boat! Roof replaced in March 2023!
Unit Size
2,180 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$287
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
2005
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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 #20473543)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 13, 2023 | No longer available | - | |
| No longer available | |||
| Nov 12, 2023 | Sold | ||
| Sold | |||
| Nov 10, 2023 | Listed by Exit Realty Pinnacle Group | $625,000 | |
| Listed by Exit Realty Pinnacle Group | |||
| | |||
|
BUYERS CONTINGENCY CONTRACT FELL THROUGH! STUNNING WATERFRONT HOME ON LAKE TAWAKONI! House maximizes lake views wherever possible! 2nd floor is the master suite with an office, bathroom & 2nd utility room, coffee bar & mini frig & uniquely made out of reclaimed wood from a vintage railroad car, fireplace, & balcony with lake view! Downstairs has a large open kitchen, living & dining room with 2 bedrooms & 1 bath plus additional utility room. The lakeside living room provides the perfect escape with large windows overlooking the lake, mature trees & stay warm by the fireplace during the winter months. Open modern kitchen has everything you need with granite counters, oven with warmer drawer, farm house sink, stainless steel appliances & kitchen island. Room for all the toys in the 4 car attached garage plus garage with carport. Property is fenced with automatic gate. Boat ramp nearby! Boat dock, 8 foot walk way to drive golf cart all the way to your boat! Roof replaced in March 2023! The manager has listed the unit size as 2180 square feet.
| |||
| Nov 3, 2023 | No longer available | - | |
| No longer available | |||
| Oct 10, 2023 | Listed by Exit Realty Pinnacle Group | $625,000 | |
| Listed by Exit Realty Pinnacle Group | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About East Tawakoni
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Listed by: Kathy Hobbs, Exit Realty Pinnacle Group
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20473543
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20473543
Details provided by NTREIS and may not match the public record
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