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$746,000

NAL Estimated Property Value

22735 Diamond Bay Dr, Frankston, TX, 75763

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,017 Sq Ft
price_per_sqft$194.35 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting

Building Information

Year Built1998
Roof Type105
Garage Spaces2

Land Information

APN2597-0000-0200-10
Lot Number20
SubdivisionDiamond Head Bay (34)
Land UseResidential
Legal DescriptionLT 20 AB 624 W PICKETT SUR, DIAMOND HEAD BAY, LT 20
Census Tract951401
Assessed Land Value$25,000
Assessed Improvement Value$382,027
Assessment Year2025

About this property

You just found Affordable Lake Living with a Private Pool just in time for Spring! This STUNNING 3 bedroom, 2 bath home with a spacious bonus room upstairs, has been meticulously well maintained inside and out. Fresh new paint throughout the inside with an updated kitchen, complete with newer stainless steel appliances, a gorgeous dark granite sink with work station and luxury gold hardware makes this home feel brand new. The Master Ensuite has also been updated with a new garden tub and much more. Get ready to entertain your friends and family in this huge back yard all year long, with an in-ground gunite swimming pool for the warm weather and a concrete fire pit for the cooler weather. The oversize 2 car garage has a RV charging plug, extra room for storage, plus a workshop area. Additional Updates Include: New Roof and Gutters Dec 2023, HVAC 2022, Pool Pump 2022, Water Heater 2020. Sellers are also offering a 1 year home warranty and all appliances convey.

Investor Tools

Property Icon
$746,000
Estimated Property Value
$305,117Estimated Mortgage Balance
$440,883Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,476 /month
Positive
Cash Flow Estimate:
$1,492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$555/month
$245/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,933
$383,330
2025
$25,000
$382,027
$407,027
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,933
$383,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hallmark Home Mortgage Llc
Va
$317,520
Yes
First
Mar 16, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$305,117
$440,883
59%
41%
$1,904/mo

City: Frankston

22735 Diamond Bay Dr | Property Details | No Agent List