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Shadybrook 75757
754 Lake Road
$94,500
● Mobile Manufactured - Off Market

754 Lake Road

Bullard, TX 75757
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,152 Ft²
$97,725
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Perfect starter home or lake house getaway, located in gated Shady Brook East! Amenities include a clubhouse, tennis courts, private boat ramp, & picnic areas. Home constructed in 2015 with a new dishwasher (2021), fenced in back yard and an inviting deck, you can enjoy this quiet neighborhood within the sought after Bullard ISD. Also included is a shed, perfect for extra storage, lawn equipment or workshop. Priced to sell, call before it's gone!
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$82
Property Type
Mobile Manufactured
Property Taxes
$52
HOA Dues
$24
Year Built
2014

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Cap Rate Calculator

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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: 3 years ago (NTREIS #14760536)

Price History

Date / Event Date Event Price
Mar 4, 2022 Sold
Premium
Sold
Feb 18, 2022 Listed by Fathom Realty, LLC-Tyler $94,900
Listed by Fathom Realty, LLC-Tyler

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,187
  • Lot Size Depth Feet: 2,400
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,152
  • Gross Building Area: 2,340
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: LOT 152-1 BLK 2 LAKE PALESTINE SHADYBROOK BISD IMP ONLY NTA1650647 (MP)

Neighborhood

  • School District Name: Bullard Independent School District
  • Census Tract: 950202

Geography

  • Account Number: 723031-00020-0152001
  • Parcel: 121031
  • Block: 2
  • Lot: 1-152
  • Municipality: BULLARD
  • Latitude: 32.1159
  • Longitude: -95.4268

    Address

  • Full Address: 754 Lake Rd
  • Address - House Number: 754
  • Address - Street Name: Lake
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Bullard
  • Carrier Code: R007
  • 4-Digit Zip Code: 6443
  • Zip Code: 75757

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $143,849
  • Tax Rate Code Area: 23 37 LR

    Appraisal Valuation

  • Standard Deviation: 0.2626
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 130,766
  • High Value: 165,106
  • Low Value: 96,426

    Market Valuation

  • Market Total Value: $82,710
  • Market Improvement Value: $82,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,710
  • Assessed Improvements Value: $82,710
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 Shadybrook

Stats & Trends

Median Asking:

$597,000

Sale Price/ft²

$203

Below Asking

0.02%

Average Days on Market

89

Average Home Size

2687 ft²

Average Home Age

17.6 years

Currently For Sale

13 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

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NTREIS

Listed by: Cassidy Calman Gibson, Fathom Realty, LLC-Tyler
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14760536
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 754 Lake Road built and last sold?
The property at 754 Lake Road was built in 2014 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 754 Lake Road is $0.
What are some comparable homes to 754 Lake Road?
There are currently no comparable homes to 754 Lake Road.
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