$39,900
●
House -
Off Market
731 Leftys Circle #8
Graford, TX 76449
2 Beds
0 Bath
880 Ft²
$259
Est. Monthly
37.07%
Cap Rate
About This Property
Ready for your renovations and personal touch! Waterfront
views from the porch of this hidden gem cottage in Lefty's Camp.
This is a great opportunity to fix up and make this 2 bed 1 bath
cottage your own OR bring in a NEW Lake Home! A perfect place for
weekend getaways and memories made. Enjoy some of the best fishing,
boating and amazing sunsets right from your own porch. Home sits on
the edge of a quiet cove just off the east side of Possum Kingdom
Lake. Home is sold AS-IS, it does need repairs. Bring your
offer! This is a sub-lease with one of the most affordable annual
lease rates available. $4200 annual lease includes mowing, water
and trash service. No STR's.
Unit Size
880 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$45
Property Type
House
Property Taxes
$62
HOA Dues
-
Year Built
-
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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: 2 years ago (NTREIS #20561545)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2025 | No longer available | - | |
| No longer available | |||
| Sep 18, 2024 | Price Decreased |
$39,900
↓ $25K
(38.6%) | |
| Price Decreased | |||
| Mar 14, 2024 | Listed by eXp Realty, LLC | $65,000 | |
| Listed by eXp Realty, LLC | |||
| Aug 25, 2023 | No longer available | - | |
| No longer available | |||
| Aug 8, 2023 | Listed by Madewell Real Estate Company | $67,800 | |
| Listed by Madewell Real Estate Company | |||
| | |||
|
Hidden gem in this lakefront cottage in Lefty's Camp ready for your personal touch. Features 2 bedrooms, 2 bathrooms, open living and kitchen with oversize porch perfect for weekend getaways. Come enjoy some of the best fishing, boating, and amazing sunsets right from your front porch. Call today to schedule your private showing! Property will be sold as is.
Sublease with $4,200 annual lease includes mowing, water, and trash. The manager has listed the unit size as 880 square feet.
| |||
Show More
Property Highlights
Air Conditioning
Parking Details
Carport Spaces: 1
Parking Features: 0
Interior Details
Interior Features: Eat-in Kitchen
Appliances: Electric Range, Microwave, Refrigerator
Flooring Type: Laminate
Exterior Details
Listing Terms: Cash
Foundation Details: Other
Other Structures: None
Roof: Metal
Construction Materials: Metal Siding
Outdoor Living Structures: Front Porch
Leasehold
Lot Size Acres: 0.0610
Financial Details
Tax Lot: 5
Unexempt Taxes: $748
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: None
Water Body Name: Possum Kingdom
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 |
|---|---|---|---|---|---|---|---|
|
05/15/2024
|
2 Bed
|
-
|
887 ft²
|
$30,000
2 Bed
-
887 ft²
|
$25,000
-16.67%
05/31/2024
|
Jo Lynn Miller
Lake Homes Realty, LLC
| |
|
03/14/2024
|
2 Bed
|
-
|
880 ft²
|
$65,000
2 Bed
-
880 ft²
|
-
-
|
Nena Patterson
Madewell Real Estate Company
| |
|
02/28/2024
| |
2 Bed
|
1 Bath
|
880 ft²
|
$65,000
2 Bed
1 Bath
880 ft²
|
-
-
|
Nena Patterson
Madewell Real Estate Company
|
|
08/08/2023
|
2 Bed
|
1 Bath
|
880 ft²
|
$67,800
2 Bed
1 Bath
880 ft²
|
-
-
|
Kerri Schoovelt
Madewell Real Estate Company
| |
|
03/09/2023
|
2 Bed
|
-
|
728 ft²
|
$55,000
2 Bed
-
728 ft²
|
$48,000
-12.73%
06/15/2023
|
Julie Cook
Realty Of America, LLC
| |
|
01/25/2023
| |
2 Bed
|
1 Bath
|
880 ft²
|
$68,500
2 Bed
1 Bath
880 ft²
|
-
-
|
Kerri Schoonvelt
Keller Williams - Lubbock
|
|
07/20/2022
|
2 Bed
|
1 Bath
|
728 ft²
|
$68,800
2 Bed
1 Bath
728 ft²
|
-
-
|
Julie Cook
Realty Of America, LLC
| |
|
03/19/2022
|
2 Bed
|
-
|
880 ft²
|
$79,900
2 Bed
-
880 ft²
|
$50,000
-37.42%
06/15/2022
|
Lesa Pawley
Bonita Realty Team
| |
|
12/06/2021
|
3 Bed
|
-
|
1152 ft²
|
$110,000
3 Bed
-
1152 ft²
|
$87,000
-20.91%
01/07/2022
|
Kara Miller
Berkshire HathawayHS Pondera
| |
|
07/29/2017
| |
2 Bed
|
2 Bath
|
960 ft²
|
-
2 Bed
2 Bath
960 ft²
|
-
-
|
-
|
Building Info
About Palo Pinto
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Listed by: Nena Patterson, eXp Realty, LLC
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20561545
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20561545
Details provided by NTREIS and may not match the public record
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