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Hunt 75453
7695 Shoreline Drive
$50,000
● Land - Off Market

7695 Shoreline Drive

Lone Oak, TX 75453
bedrooms
Studio
bathrooms
0 Bath
$61,829
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

2 Lots Available To Build Your Lake House or Forever Home! This is a close knit neighborhood with residents that have been there 20 plus years. A great place to enjoy fishing, boating or just relaxing near the lake! HOA includes access to the dock for fishing, boat ramp and picnic area. Get ready for the summertime and making great memories on this beautiful lake!
Unit Size
-
Days on Market
-
Land Size
0.28 acres
Price per sqft
-
Property Type
Land
Property Taxes
$55
HOA Dues
$5
Year Built
1960

Payment Calculator

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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 #20197928)

Price History

Date / Event Date Event Price
Mar 29, 2023 Sold
Premium
Sold
Nov 1, 2022 Listed by Premier Legacy Real Estate LLC $60,000
Listed by Premier Legacy Real Estate LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • 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: 3
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 111
  • Pool Type: 0
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 14,722
  • Lot Size Depth Feet: 930
  • Lot Size Frontage Feet: 1,580
  • Total Building Area: 748
  • Gross Building Area: 968
  • Building Area: 748
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 748
  • 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: 0000000338
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: S4759 ROLLING HILLS SEC 3 BLK W LOT 11-12 ACRES .338

Neighborhood

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

Geography

  • Assessors Map Reference: 296-L
  • Parcel: 77538
  • Block: W
  • Lot: 11-12
  • Municipality: LONE OAK
  • Latitude: 32.9391
  • Longitude: -95.9824

    Address

  • Full Address: 7695 Shoreline Dr
  • Address - House Number: 7695
  • Address - Street Name: Shoreline
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Lone Oak
  • Zip Code: 75453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $135,643
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: SLO

    Appraisal Valuation

  • Standard Deviation: 0.1929
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 134,530
  • High Value: 160,492
  • Low Value: 108,569

    Market Valuation

  • Market Total Value: $80,120
  • Market Land Value: $77,290
  • Market Improvement Value: $2,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,120
  • Assessed Land Value: $77,290
  • Assessed Improvements Value: $2,830

    Sales

  • Current Sale Contract Date: Mar 27, 2023
  • Current Sale Recording Date: Mar 30, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5789
  • Previous Sale Recording Date: Jun 04, 2020
  • Previous Sale Contract Date: Jan 16, 2020
  • Previous Sale Amount: $20,000
  • Previous Sale Document Type: 55
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:

$288,640

Sale Price/ft²

$162

Below Asking

0.04%

Average Days on Market

81

Average Home Size

2008 ft²

Average Home Age

23.3 years

Currently For Sale

859 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: Sherry Smith, Premier Legacy Real Estate LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20197928
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 7695 Shoreline Drive built and last sold?
The property at 7695 Shoreline Drive was built in 1960 and last sold on Mar 27, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 7695 Shoreline Drive is $60,600.
What are some comparable homes to 7695 Shoreline Drive?
There are currently no comparable homes to 7695 Shoreline Drive.
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