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$915,000

NAL Estimated Property Value

54 Pierce Lane, Broken Bow, OK, 74728

Off MarketInfo
CommercialInfo
Beds5 Beds
Baths5 Bath
Baths1,144 Sq Ft
BusinessBusiness
Year BuiltBuilt in 2002

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Linoleum, Tile, Wood

Exterior

Lot Size5.74 acres

Building Information

Year Built2002
Stories1
Roof Type112

Land Information

APN0000-01-06S-24E-4-005-00
Land UseResidential
Legal DescriptionSEC.1-6-24 B673/P46 BEG 837.21 N & 69.4' W SE COR SE TH N66 DEG 27 MIN 56 SEC W369.47' N31 DEG 04 MIN 11 SEC E100.82'; N58 DE
Census Tract098502
Assessed Land Value$617
Assessed Improvement Value$5,770
Assessment Year2023

About this property

Tucked away in the scenic woodlands between Broken Bow and Hochatown, this one-of-a-kind waterfront property presents a rare investment opportunity with exceptional short-term rental potential. Overlooking a peaceful private lake, complete with its own fishing pier, this charming tri-unit building is perfectly suited for vacationers seeking tranquility, nature, and comfort. Each of the three one-bedroom units offers a private entrance and features warm pinewood interiors, full kitchens, bathrooms, and cozy loft-style sleeping arrangements—making them ideal for platforms like Airbnb or VRBO. The rustic character, serene lake views, and inviting atmosphere create the perfect getaway experience for guests. Complementing the accommodations are thoughtful outdoor amenities that enhance the property’s appeal. A covered RV parking area and bay garage provide convenience and additional storage. An outdoor fish-cleaning station caters to anglers, while the firepit with built-in seating invites guests to unwind beneath the stars. A spacious covered deck offers a front-row view of the lake, ideal for morning coffee or evening relaxation. Currently unoccupied, this turnkey-ready property is primed for transformation into a high-performing vacation rental in one of Oklahoma’s most sought-after destinations. Whether you're an investor seeking strong returns or a host with a vision, this lakeside retreat offers charm, flexibility, and income potential in an unbeatable location.

Investor Tools

Property Icon
$915,000
Estimated Property Value
$0Estimated Mortgage Balance
$915,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,910 /month
Positive
Cash Flow Estimate:
$1,970 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$425/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$523
$6,387
2023
$617
$5,770
$58,061
No

Tax History

Year
Tax Paid
Assessed Value
2023
$523
$6,387

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$915,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Broken Bow

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54 Pierce Lane | Property Details | No Agent List