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Hunt 75453
7353 Shoreline Drive
$203,000
● House - Off Market

7353 Shoreline Drive

Lone Oak, TX 75453
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,158 Ft²
$1,093
Est. Monthly
$8
HOA / Fees
10.72%
Cap Rate

About This Property

Welcome to your charming farmhouse retreat on Lake Tawakoni! This delightful 2-bedroom, 2-bath home features an inviting wrap-around porch, perfect for sipping coffee, enjoying lake breezes, and hosting sunset gatherings. Inside, the open concept design creates a warm, welcoming flow from the country kitchen to the cozy living area-ideal for family gatherings or entertaining friends. A spacious 24x40 workshop with electric offers endless possibilities for hobbies, projects, or storage. With its blend of rustic charm and modern comfort, this Lake Tawakoni farmhouse is your perfect escape for weekend getaways or everyday tranquility.

Extra acreage behind home is SRA Leaseback over half an acre to canal.
Unit Size
1,158 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$177
Property Type
House
Property Taxes
$78
HOA Dues
$8
Year Built
1970

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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 #20775212)

Price History

Date / Event Date Event Price
Mar 11, 2025 Sold
Premium
Sold
Feb 11, 2025 In contract -
In contract
Jan 26, 2025 Price Decreased $204,999
↓ $10K (4.7%)
Price Decreased
Jan 15, 2025 Price Decreased $214,999
↓ $15K (6.5%)
Price Decreased
Nov 30, 2024 Price Decreased $229,999
↓ $10K (4.2%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • 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: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,600
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,158
  • Gross Building Area: 1,158
  • Building Area: 1,158
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,158
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING HILLS SEC 3
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: S4759 ROLLING HILLS SEC 3 BLK Y LOT 47-48 ACRES .2204

Neighborhood

  • School District Name: Lone Oak Independent School District
  • Census Tract: 960700

Geography

  • Assessors Map Reference: 296-M
  • Parcel: 77593
  • Block: Y
  • Lot: 47-48
  • Municipality: LONE OAK
  • Latitude: 32.9382
  • Longitude: -95.9774

    Address

  • Full Address: 7353 Shoreline Dr
  • Address - House Number: 7353
  • Address - Street Name: Shoreline
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Lone Oak
  • Carrier Code: R001
  • 4-Digit Zip Code: 5249
  • Zip Code: 75453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $267,725
  • Tax Rate Code Area: SLO

    Appraisal Valuation

  • Standard Deviation: 0.2491
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 246,401
  • High Value: 307,789
  • Low Value: 185,014

    Market Valuation

  • Market Total Value: $189,280
  • Market Land Value: $50,400
  • Market Improvement Value: $138,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,137

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 28, 2022
  • Current Sale Recording Date: Feb 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2613
  • Previous Sale Recording Date: Jul 19, 2018
  • Previous Sale Contract Date: Jul 19, 2018
  • Previous Sale Amount: $124,400
  • Previous Sale Document Type: 70
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 Hunt

Stats & Trends

Median Asking:

$288,500

Sale Price/ft²

$162

Below Asking

0.04%

Average Days on Market

81

Average Home Size

2009 ft²

Average Home Age

23.2 years

Currently For Sale

866 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

Rentals Near You

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NTREIS

Listed by: Melissa Minyard, Premier Legacy Real Estate LLC
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20775212
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 7353 Shoreline Drive built and last sold?
The property at 7353 Shoreline Drive was built in 1970 and last sold on Jan 28, 2022 for $165,718.
How much is this home worth?
The estimated value of the home located at 7353 Shoreline Drive is $206,747.
What are some comparable homes to 7353 Shoreline Drive?
There are currently no comparable homes to 7353 Shoreline Drive.
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