8 months on rocket

1516 N Lakeview Dr, Palo Pinto, TX, 76484

$699,999

Home List Price

$8,312*

Closing Credit

3 Bedrooms
2 Full Baths
2,118 SqFt
$331/SqFt
House
Schools Nearby

Location

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1516 N Lakeview Dr, Palo Pinto$699,999

Buyer Closing Credits

$8,312*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Circular Driveway, Golf Cart Garage, Oversized, Boat, RV Access/Parking
Garage2 spaces
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontDock, Boat Slip, Boat Ramp, Boat Lift, Lake Front, Waterfront
FireplaceMasonry
ViewWater
MLS #20405423
Lot Size1.15 Acres
StatusActive

About 1516 N Lakeview Dr

Palo Pinto Lake Retreat. Dive into lakeside luxury with this exceptional waterfront property on Palo Pinto Lake. Featuring two distinct homes, a beautifully updated 3-bedroom, 2-bath main home, and a spacious, rustic cabin caters to both relaxation and recreation. The main home shines with extensive updates, ensuring comfort, while the charming cabin ensures your guests enjoy their own slice of lake paradise. The main home has a 24x30 dock with boat lift, storage and plenty of room to fish or relax. The second home has a swim dock that also includes two jet ski platforms. Recently added is an expansive 45x50 insulated shop with two 12x12 overhead doors and a walk-thru door, perfect for storing all your lake toys and more! If investment or income producing is something you are after, this versatile property is ideally setup for VRBO, promising potential income as a sought-after lakefront rental. Rent one home or both when you are not enjoying it yourself and have it pay for itself!

Property Details

Property Features

Property Information:

  • Stories: 2
  • Living Area: 2,118 SqFt

Listing Office:

  • Office Name: CLARK REAL ESTATE GROUP
  • Office Phone: (817) 458-0402
  • Listing Agent: Mindy Holloway

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator
  • Basement: No
  • Flooring Type: Luxury Vinyl Plank
  • Interior: Decorative/Designer Lighting Fixtures, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Cable TV, Walk-In Closet(s)
  • Fireplace: Masonry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Dock, Boat Slip, Boat Ramp, Boat Lift, Lake Front, Waterfront
  • View: Water
  • Exterior: Awning(s), Balcony, Boat Slip, Dock, Fire Pit

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Additional Parking, Circular Driveway, Golf Cart Garage, Oversized, Boat, RV Access/Parking

Virtual/3D Tour

  • Virtual Tour: 1516 N Lakeview Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot: Back Yard, Cleared, Lawn, Sloped, Few Trees, Waterfront, Retaining Wall
  • Lot Size: 1.15 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • Santo High School, Public District Grades 6-12
  • Santo Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From FM 4 turn onto Brown road, turn left onto N Lakeview, property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,999
  • Price Per SqFt: $331/SqFt

Tax Information:

  • Annual Amount: $5,172
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palo Pinto, TX.

Med. List Price

$488.5K

Med. Price/SqFt

$267

Avg. Days On Market

98

1516 N Lakeview Dr vs Palo Pinto

258 DAYS ON ROCKET

+160 Days

$699,999

+$211.4K More

$331/SqFt

+$64 More

KEY TAKEAWAY

This property is $211.4K more than the Median List Price and $64/SqFt more than other homes in Palo Pinto, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20405423

Listing Office:

  • Office Name: CLARK REAL ESTATE GROUP
  • Office Phone: (817) 458-0402
  • Listing Agent: Mindy Holloway

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/27/2024, 11:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,172$282,260
2019$4,519$238,730
2018$2,144$109,960
2017$2,103$102,900

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1714913
6
/10
  • Santo Elementary School

  • F M 2201

  • 6.28 miles

  • Public District Grades PK-5

High School

school-card-donut-1714914
6
/10
  • Santo High School

  • F M 2201

  • 6.24 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,942. Typical income of Palo Pinto, TX residents is between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1516 N Lakeview Dr

What is the listing price of this property?

The listing price of 1516 N Lakeview Dr property is $699,999.

What type of property is this?

The property 1516 N Lakeview Dr is a house located in Palo Pinto, Texas, 76484.

Is this property for sale now?

Active Listing: 1516 N Lakeview Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1516 N Lakeview Dr are:
Santo Elementary School: GreatSchools Rating 6/10
Santo High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,172 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1516 N Lakeview Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1516 N Lakeview Dr is 2,118 SqFt (source: MLS/tax record).

Rocket Homes›Texas›Palo Pinto County›Palo Pinto›76484›1516 N Lakeview Dr

This home is located at 1516 N Lakeview Dr in Palo Pinto, TX and zip code 76484. This 2,118 square foot home sits on a 1.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 14, 2023 and is currently priced at $699,999.

Between February 2024 and March 2024, Palo Pinto, TX real estate market has seen increase in the number of listings by 25%. Listings spent 98 days on the market in March 2024, and had a median list price of $488,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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