Beautiful tree covered half-acre lake lot ready for you to build your lake home or lake cabin! This lot is right across the street from the water and is in the gated community of Oak Point at Lake Brownwood. Building requirements are just 960sf heated-cooled space with no masonry requirement so you are free to build a lake cabin OR go as large & elaborate as you want. Neighborhood has homes as large as 6,000sf! You can also construct a work shop to store all your lake toys! Abundant Oak Trees, paved road, & close to private boat ramp. Electricity available via Comanche Electric Coop. Deed restrictions in place to assure quality development. On site sewer septic to be installed by Purchaser. All building plans submitted to Oak Point ACC for approval. Zephyr Water is in the process of bringing water lines into Oak Point. Currently interior lot owners have water brought in and waterfront home owners pump from the lake.
Directions: From Oak Point gate, 2.4 miles then turn left on to Lake Point Dr, then 3 tenths mile to Oak Point Dr (dead ends at water), turn right, go approx 1 mile to property.
Price Information
Listing Price Info
Price Summary:
List Price: $60,000
HOA Fees:
Amount: $350
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Last updated on: 11/21/2024, 4:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$396
Per Month
Principal & Interest
$300
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$29
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$246
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
May Elementary School
3400 E County Road 411
Distance between this listing and this school9.42 miles
Public District Grades PK-6
5
/10
Early Elementary School
201 Sudderth Dr
Distance between this listing and this school9.80 miles
Public District Grades 3-5
4
/10
Northwest Elementary School
311 Bluffview Dr
Distance between this listing and this school10.19 miles
Public District Grades PK-5
Nearby Schools
8
/10
Early Middle School
700 Sunrise St
Distance between this listing and this school9.71 miles
Public District Grades 6-8
5
/10
Bangs Middle School
400 N 3rd St
Distance between this listing and this school12.28 miles
Public District Grades 5-8
5
/10
Brownwood Middle School
1600 Calvert Rd
Distance between this listing and this school13.35 miles
Public District Grades 6-8
Nearby Schools
4
/10
Premier High School of Comanche/Early
819 Early Blvd
Distance between this listing and this school9.41 miles
Public Charter Grades 7-12
5
/10
May High School
3400 E County Road 411
Distance between this listing and this school9.42 miles
Public District Grades 7-12
7
/10
Early High School
115 Sudderth Dr
Distance between this listing and this school9.52 miles
The neighbors living near this home have an average income of $39,054. Most May, TX residents have annual incomes less than $35k. Typical family type is married, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About LOT1074 Oak Point Dr
What is the listing price of this property?
The listing price of LOT1074 Oak Point Dr property is $60,000.
What type of property is this?
The property LOT1074 Oak Point Dr is land located in May, Texas, 76857.
Is this property for sale now?
Active Listing: LOT1074 Oak Point Dr is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property LOT1074 Oak Point Dr is 0.58 acres.
Interested in LOT1074 Oak Point Dr? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at LOT1074 Oak Point Dr in May, TX and zip code 76857. This home sits on a 0.58 acre lot. It has been listed on Rocket Homes since July 08, 2024 and is currently priced at $60,000.
The number of homes for sale in May, TX increased by 18.8% between September 2024 and October 2024. Listings spent 126 days on the market in October 2024, and had a median list price of $271,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.