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Palmer 75152
681 Lakeview Drive
$193,000
● House - Off Market

681 Lakeview Drive

Palmer, TX 75152
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,526 Ft²
$948
Est. Monthly
Unit Size
1,526 Ft²
Days on Market
-
Land Size
1.25 acres
Price per sqft
$126
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #20944598)

Price History

Date / Event Date Event Price
Aug 27, 2025 Sold
Premium
Sold
Aug 9, 2025 In contract -
In contract
Jun 20, 2025 Listed by JG Real Estate, LLC $193,000
Listed by JG Real Estate, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 297
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,450
  • Total Building Area: 1,526
  • Gross Building Area: 1,590
  • Building Area: 1,526
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,526
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREEN ACS SOUTH-REV
  • Land Acres: 0000001250
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: 58B GREEN ACS SOUTH REV LAKEVIEW1.25 ACRES

Neighborhood

  • School District Name: Palmer Independent School District
  • Census Tract: 060105

Geography

  • Assessors Map Reference: 1085-Q
  • Parcel: 168535
  • Municipality: PALMER
  • Latitude: 32.419
  • Longitude: -96.6831

    Address

  • Full Address: 681 Lakeview Dr
  • Address - House Number: 681
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Palmer
  • Carrier Code: R002
  • 4-Digit Zip Code: 9678
  • Zip Code: 75152

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $422,335
  • Tax Rate Code Area: 510

    Appraisal Valuation

  • Standard Deviation: 0.2231
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 295,784
  • High Value: 361,792
  • Low Value: 229,775

    Market Valuation

  • Market Total Value: $222,637
  • Market Land Value: $110,000
  • Market Improvement Value: $112,637

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $222,637
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $112,637
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 Palmer

Stats & Trends

Median Asking:

$299,000

Sale Price/ft²

$188

Below Asking

0.02%

Average Days on Market

85

Average Home Size

1782 ft²

Average Home Age

22.4 years

Currently For Sale

17 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

Unit for rent at 447 N Stacks Street, Palmer, TX, 75152

$2,250 /mo

  • 4 Beds
  • 3 Baths
  • 1,638 ft²
447 N Stacks Street, Palmer, TX, 75152 Listing by Natalie Whitaker
Unit for rent at 443 N Stacks Street, Palmer, TX, 75152

$2,250 /mo

  • 4 Beds
  • 3 Baths
  • 1,638 ft²
443 N Stacks Street, Palmer, TX, 75152 Listing by Natalie Whitaker

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: James Glynn, JG Real Estate, LLC
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20944598
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 681 Lakeview Drive built and last sold?
The property at 681 Lakeview Drive was built in 1988 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 681 Lakeview Drive is $0.
What are some comparable homes to 681 Lakeview Drive?
There are currently no comparable homes to 681 Lakeview Drive.
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