See Home Value
Runaway Bay 76426
701 Marco Drive
$388,000
● House - Off Market

701 Marco Drive

Runaway Bay, TX 76426
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,300 Ft²
$2,293
Est. Monthly
4.41%
Cap Rate

About This Property

Nestled on the shores of Lake Bridgeport, this 3-bedroom, 2-bathroom home offers waterfront living and direct water access. Complete with a private dock and boat ramp, it is the perfect lakeside retreat for boating and fishing enthusiasts. The exterior showcases a landscaped front yard, a spacious covered front porch, a single-car garage with attic storage, a durable metal roof, and a concrete driveway. At the rear, you'll find an expansive 63-foot covered porch that's perfect for soaking in breathtaking sunsets or enjoying fireworks over the water. Inside, the home features a refreshed open layout. Recent upgrades include some new windows and doors, modern hardware, updated appliances, a new water heater, new gutters on the rear porch, and a new 8X10 Tuff Shed on a concrete pad for additional storage.  The porches and garage floor have been coated with durable epoxy, while the HVAC system was replaced in 2023, ensuring comfort year-round.

Convenience meets peace of mind with no HOA and no known restrictions. Located just an hour from the DFW metroplex, this home offers a tranquil retreat with endless possibilities. All appliances convey, adding extra value to this incredible deal. With a March 2024 appraisal of $462,000, this gem is competitively priced and ready for its new owners.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$307
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1994

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Cap Rate Calculator

Last updated: 2 years ago (NTREIS #20823922)

Price History

Date / Event Date Event Price
Mar 21, 2025 Sold
Sold
Feb 26, 2025 In contract -
In contract
Jan 23, 2025 Listed by eXp Realty, LLC $399,500
Listed by eXp Realty, LLC
Dec 21, 2024 Withdrawn -
Withdrawn
Dec 6, 2024 Price Decreased $430,000
↓ $20K (4.4%)
Price Decreased
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 260
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,676
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,300
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RUNAWAY BAY UNIT 2
  • Land Acres: 0000000291
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LOT 77R BLK 3 RUNAWAY BAY UNIT 2

Neighborhood

  • School District Name: Bridgeport Independent School District
  • School Tax School District: BRIDGEPORT ISD
  • School Tax District Code 2: WCID #1
  • School Tax District Code 3: FM FLOOD-LATERA
  • Census Tract: 150402

Geography

  • Assessors Map Reference: AIR MAP: 0212
  • Account Number: 000000772037
  • District: CRU
  • Parcel: S2682.0115.00
  • Block: 3
  • Lot: 77R
  • Municipality: CITY OF RUNAWAY BAY
  • Latitude: 33.1591
  • Longitude: -97.8712

    Address

  • Full Address: 701 Marco Dr
  • Address - House Number: 701
  • Address - Street Name: Marco
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Runaway Bay
  • Carrier Code: R004
  • 4-Digit Zip Code: 4517
  • Zip Code: 76426

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $396,630
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: CRU,LTR,SB

    Appraisal Valuation

  • Standard Deviation: 0.2406
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 302,146
  • High Value: 374,872
  • Low Value: 229,420

    Market Valuation

  • Market Total Value: $248,488

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $217,815

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 07, 2012
  • Current Sale Recording Date: Dec 07, 2012
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012-14487
  • Previous Sale Recording Date: May 26, 1994
  • Previous Sale Contract Date: May 26, 1994
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Runaway Bay


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 158 Lakeshore Drive, Runaway Bay, TX, 76426

$1,950 /mo

  • 5 Beds
  • 3 Baths
  • 2,870 ft²
158 Lakeshore Drive, Runaway Bay, TX, 76426 Listing by Michael Hershenberg


Frequently Asked Questions

When was property at 701 Marco Drive built and last sold?
The property at 701 Marco Drive was built in 1994 and last sold on Dec 7, 2012 for $0.
How much is this home worth?
The estimated value of the home located at 701 Marco Drive is $0.
What are some comparable homes to 701 Marco Drive?
There are currently no comparable homes to 701 Marco Drive.