tomo logo

$1,269,500

Beds
5
Baths
4.0
sq ft
2,800

658 Oak Point Dr, May, TX 76857

658 Oak Point Dr

May, TX 76857

  • 202 days on market
    • Price drop $30,000↓
Located right on the water of Lake Brownwood in May Texas a stunning 5 bedroom 3.5 bath lake front home in a private gated community built in 2018. Includes 2-bay boat dock w 2 Hydro lifts & 2 jet ski ramps. Upper deck w bar for entertaining in 16' Deep water 5 Bedroom, 3.5 Bath ADA accessible. The Primary and 3 other bedrooms are located on main floor, 5th bedroom being upstairs. Upstairs has an independent mini split unit. Entire home spray foamed and energy efficient. Pool w views of Lake Brownwood. 6 Person Hot tub. 3-car garage with area for UTV or shop. Zephyr city water Annual POA $450 includes paved roads, Oak Point is in a secured Property Owners Association with Butterfly gate w voice control, remotely or at the keypad Trash service The POA has 2 boat launch ramps and beach area. Also the POA has an upcoming $500,000 Roads project coming in the Spring of 2025 that has already been paid for. Tornado shelter built in garage. Shelter size is 5' x 8' Starlink internet service w blazing fast speeds.

Details

Property type

Single Family Residence

Est. home value

$840,966

Lot size

0.527 acres

Price per sq ft

$454

Year built

2018

Annual property taxes

$9,895

Monthly HOA fee

$29

Price History

01/06/2025
NTREIS

NTREIS #20694933

Price change
$1,269,500
-2.31%
08/06/2024
NTREIS

NTREIS #20694933

Listed
$1,299,500
07/10/2024
NTREIS

NTREIS #20509696

Removed

Schools & Community

Elementary school: 

May

Middle school: 

May

High school: 

May

Community features: 

Gated, Lake, Park, Playground

School district: 

May ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Cardinal Financial Company Lp

Loan start date

April 2021

Original loan amount

$430,000

Est. remaining balance

$393,026

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Douglas Brown and Cheryl Brown

Lender

Coleman County State Bank

Loan start date

May 2018

Original loan amount

$205,000

Est. remaining balance

Not provided

Interest rate

4.45%

Loan type

Commercial

Seller

Doug Brown and Cheryl Brown

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/24/2025 at 1:15 PM

Listing updated: 02/13/2025 at 4:07 PM

Listed by: Jeffrey Robillard, Newfound Real Estate Phone #: (888) 695-4285

MLS: NTREIS #20694933

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