$1,600,000
●
House -
Off Market
554 Oak Point Drive
May, TX 76857
6 Beds
4 Baths,
1
Half Bath
4,279 Ft²
$2,353,272
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model
About This Property
Fabulous waterfront home on Lake Brownwood. Spectacular views.
Custom designed Tuscan style home completely furnished. 6 bedrooms
4 baths, 3 living areas fireplace, gourmet island kitchen,wine
room, secluded master suite with walk thru shower and much much
more.Partially enclosed outdoor living with remote control electric
screens, fireplace, kitchen and half bath will provide endless
entertainment for family and friends all year round. Heated in
ground infinity pool and spa, sand volleyball court and lounging
area.Deep water 30+ ft at custom dock has 2 boat slips with power
lifts 2 jet ski ports, upper and lower decks, storage room and
slide. Plus 3,200 sq ft barn across the street.Video of property
available.
Unit Size
4,279 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$432
Property Type
House
Property Taxes
-
HOA Dues
$32
Year Built
2010
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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 #14401744)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 15, 2021 | Sold | ||
| Sold | |||
| Jul 30, 2020 | Listed by Sendero Properties, LLC | $1,850,000 | |
| Listed by Sendero Properties, LLC | |||
| | |||
|
Fabulous waterfront home on Lake Brownwood. Spectacular views. Custom designed Tuscan style home completely furnished. 6 bedrooms 4 baths, 3 living areas fireplace, gourmet island kitchen,wine room, secluded master suite with walk thru shower and much much more.Partially enclosed outdoor living with remote control electric screens, fireplace, kitchen and half bath will provide endless entertainment for family and friends all year round. Heated in ground infinity pool and spa, sand volleyball court and lounging area.Deep water 30+ ft at custom dock has 2 boat slips with power lifts 2 jet ski ports, upper and lower decks, storage room and slide. Plus 3,200 sq ft barn across the street.Video of property available.
| |||
| Mar 10, 2020 | No longer available | - | |
| No longer available | |||
| Jul 19, 2019 | Price Decreased |
$3,250,000
↓ $450K
(12.2%) | |
| Price Decreased | |||
| Mar 9, 2019 | Listed | $3,700,000 | |
| Listed | |||
| | |||
|
Fabulous waterfront home on Lake Brownwood. Spectacular views. Custom designed Tuscan style home completely furnished. 6 bedrooms 4 baths, 3 living areas fireplace, gourmet island kitchen,wine room, secluded master suite with walk thru shower and much much more.Partially enclosed outdoor living with remote control electric screens, fireplace, kitchen and half bath will provide endless entertainment for family and friends all year round. Heated in ground infinity pool and spa, sand volleyball court and lounging area.Deep water 30+ ft at custom dock has 2 boat slips with power lifts 2 jet ski ports, upper and lower decks, storage room and slide. Plus 3,200 sq ft barn across the street.Video of property available. The manager has listed the unit size as 4279 square feet.
| |||
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 Brown
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Listed by: Amy Brumley, Sendero Properties, LLC
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14401744
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14401744
Details provided by NTREIS and may not match the public record
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