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$1,550,000

612 Oak Point Drive, May, TX, 76857

$2,015,000 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths5,019 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$308.83 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesRefrigerator, Trash Compactor, Water Purifier, Built-In Refrigerator, Dishwasher, Disposal, Electric Water Heater, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Double Oven, Tankless Water Heater, Vented Exhaust Fan, Water Softener
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBoat Slip, Dock, Rain Gutters, Lighting, Outdoor Kitchen
Lot Size30,666 sqft

Building Information

Year Built2007
Garage Spaces2

Land Information

APN76364
SubdivisionOak Point Subdivision
Land UseResidential
Legal DescriptionOAK POINT PHASE TWO, LOT 1065, BOAT DOCK #6805, ACRES .704
Census Tract950100
Assessed Land Value$178,590
Assessed Improvement Value$1,267,720
Assessment Year2025

About this property

This is the lake package you’ve been looking for with over 5000 sqft, 4 bedrooms, 4 bathrooms, exceptional dock, extra large shop with 3 roll up doors, not to mention the sand volleyball court behind the shop. This home is exceptional at every turn from the 2nd story living area to the gourmet kitchen. The master suite is separate from the rest of the home for quiet privacy. This office will encourage you to work at home to enjoy the views of Lake Brownwood. The lake is below spillway level and yet this dock still has 20 ft depth at the dock. Extensive landscaping redesign and replacement this last year. The back is planned well for entertainment with a balcony outside the upstairs living area and an outside kitchen area underneath. Just across the street is the 2500 sqft barn with a 1500 sqft canopy for the boats and lake toys. Lake life tends to encourage all the fun lake water toys and this is the best storage for all your toys. Call for a private showing today.

Investor Tools

Property Icon
$1,542,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,542,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$2,015,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,300 /month
Positive
Cash Flow Estimate:
$3,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,113/month
$525/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,642
$1,446,310
2025
$178,590
$1,267,720
$1,446,310
No

Tax History

Year
Tax Paid
Assessed Value
2025
$17,642
$1,446,310

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,542,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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: May

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612 Oak Point Drive | Property Details | No Agent List