NOT LISTED FOR SALE

574 Oak Point Dr May, TX 76857

Estimated Value: $1,179,000 - $1,697,007

4 Beds
4.5 Baths
4,114 Sq Ft
$365/Sq Ft Est. Value

Last Sold June 13, 2024

Current estimated payment $9,433/month

103 Days on Market

Highlights

  • 111 Feet of Waterfront
  • Gated Community
  • Contemporary Architecture
  • In Ground Pool
  • Lake View
  • Solid Surface Countertops

About This Home

As of June 2024

Gorgeous elevated lot with 111+ft Lake Brownwood frontage in DEEP WATER! The LakeHouse welcomes you with huge double doors giving you uninterrupted views across the pool, & lake. Built with energy efficiency in mind, the exterior consist of stucco over brick & extensive blown-in attic insulation. Designed in an open U-shape plan, all bedrooms have views of the pool & lake. 2 Primary Suites, 2 additional bedrooms with full baths, & guest bathroom make hosting large numbers easy. If that's not enough, the oversize garage is insulated, heated & cooled, & carpeted for additional living space. The seller's grandchildren love this gameroom where you'll find room for at least 2 queen size beds, ping pong, & games. The Main living area with its glass-folding-wall, is open to the kitchen with 2 Liebherr refrigerators, dining area, & bar area with 2 wine & bar refrigerators. To make lake living even more enjoyable is an outdoor gas BarBQ grill & beer frig, fire pit, hot tub, & putting green. Walkway leads to boat dock with hydraulic hoist & storage. Furnishings are negotiable. Seller is LREA.

Last Agent to Sell the Property

Michele 'Mitch' Smith

Reata Ranch Realty, LLC License #0546840 Listed on: 02/12/2024

Last Buyer's Agent

Agent Non-Member

HLAOR Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021

Lot Details

  • 0.69 Acre Lot
  • 111 Feet of Waterfront
  • Property fronts a private road
  • Wrought Iron Fence
  • Landscaped
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,114 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Lake Views
  • Attic Fan

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Stepless Entry
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 079650

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include maintenance structure, road maintenance, trash
  • Out Of Area Subdivision

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2021

Lot Details

0

Listing Details

  • View: Lake
  • Reso Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • ResoLaundryFeatures: Electric Dryer Hookup
  • ResoLotFeatures: Landscaped
  • ResoPoolFeatures: Gunite, In Ground, Private
  • Road Frontage Type: Paved Road, Private Road
  • ResoSecurityFeatures: Security System, Smoke Detector(s)
  • Reso Association Fee Includes: Maintenance Structure, Road Maintenance, Trash
  • Co List Office Mls Id: HLM740
  • Subdivision Name: Out of Area
  • Directions: From Brownwood travel North on Hwy 183, turn Left on Co Rd 405, travel 4 miles to Oak Point on the left.
  • Architectural Style: Contemporary
  • Reso Flooring: Carpet, Hard Tile
  • Reso Interior Features: High Ceilings, Wet Bar, Breakfast Bar, Pantry, Recessed Lighting, Counters-Solid Srfc, Split Bedroom, Walk-In Closet(s), No Steps to Entry
  • Efficiency: Attic Fan, Ceiling Fan(s), Zoned
  • Year Built: 2021
  • HLM_GarageCarport: 2 Car Attached Garage,Garage Door Opener,Side Entry
  • HLM_Room: Dining Room,Foyer,Game Room,Great Room,Kitchen,Laundry,Main Level Master Bdrm
  • HLM_SingleLevelLiving: Yes
  • HLM_FloodZone: No
  • HLM_ShortSale: No
  • HLM_REOForeclosure: No
  • HLM_Waterfront: Yes/Other
  • HLM_NumberOfResidences: 1
  • HLM_GolfCourseLot: No
  • HLM_AgExempt: No
  • HLM_PropOwnFeeMand: Yes
  • HLM_PropOwnFeeFrequency: Annually
  • HLM_PropertyOwnersFee: 350
  • HLM_WaterfrontFootage: 111
  • HLM_WaterAmenities: 1 Stall Boat Dock w/ Elec,Boat Dock,Boat Slip,Fishing Dock,Floating Boat House,Floating Dock,Lake Pump
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Ice Maker, Microwave, Gas Range, Refrigerator, Washer, Washer Hookup, Electric Water Heater, Water Softener
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: One
  • Stories: 1

Exterior Features

  • Exterior Features: Rain Gutters, Open Concrete Areas, Sprinkler System, Hot Tub
  • Roof: Composition
  • Fencing: Wrought Iron
  • Acres: 0.69
  • Waterfront Features: Lake (Do Not Use)
  • Construction Type: Other, Brick, Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Parking Features: Electric Gate

Utilities

  • Cooling: Central Air, Ductless
  • Sewer: Septic Tank
  • Heating: Central, Ductless
  • Water Source: Lake/River System

Condo/Co-op/Association

  • Association Amenities: Security, Water, Gated
  • Association: No

Schools

  • Junior High Dist: Other

Lot Info

  • Zoning: none
  • Lot Dimensions: 241.77D x 116.40F
  • Lot Size Sq Ft: 28140
  • Parcel #: 079650

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Jun 10, 2024
Sold by
Smith Michael Paul and Smith Michele Yvonne
Bought by
Gray Phillip Ross and Gray Patricia Wray
Seller's Agent
Michele 'Mitch' Smith
Reata Ranch Realty, LLC
Buyer's Agent
Agent Non-Member
HLAOR Non Member Office
List Price
$1,798,000
Views
32
Current Estimated Value
$1,499,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.98%

Purchase Details

Listed on
Apr 3, 2021
Closed on
Dec 15, 2021
Sold by
Mcdowell Construction Inc
Bought by
Smith Michael Paul and Smith Michele Yvonne
Seller's Agent
Cindy Lanham
Lake Homes Realty, LLC
Buyer's Agent
Michelle Smith
EXP REALTY
List Price
$1,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$860,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2009
Sold by
Schram Paige
Bought by
Mcdowell Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
4.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gray Phillip Ross -- None Listed On Document
Smith Michael Paul -- Big Country Title
Mcdowell Construction Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Michael Paul $860,000
Previous Owner Mcdowell Construction Inc $72,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2024 06/13/24 Sold -- -- --
06/11/2024 06/11/24 Sold -- -- -- View Prior Sale
05/22/2024 05/22/24 Pending -- -- --
04/10/2024 04/10/24 Price Changed $1,650,000 -2.9% $401 / Sq Ft
03/10/2024 03/10/24 Price Changed $1,699,000 -5.5% $413 / Sq Ft
02/17/2024 02/17/24 For Sale $1,798,000 0.0% $437 / Sq Ft
02/12/2024 02/12/24 For Sale $1,798,000 +28.5% $506 / Sq Ft
12/17/2021 12/17/21 Sold -- -- -- View Prior Sale
10/07/2021 10/07/21 Pending -- -- --
09/10/2021 09/10/21 Price Changed $1,399,000 +3.6% $408 / Sq Ft
08/31/2021 08/31/21 For Sale $1,350,000 0.0% $394 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
04/03/2021 04/03/21 For Sale $1,350,000 -- $394 / Sq Ft
Source: Highland Lakes Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,914 $1,550,550 $163,780 $1,386,770
2024 $18,520 $1,575,660 $127,470 $1,448,190
2023 $15,537 $1,289,340 $127,470 $1,161,870
2022 $17,018 $1,215,970 $127,470 $1,088,500
2021 $2,214 $127,470 $127,470 $0
2020 $1,193 $65,570 $65,570 $0
2019 $1,253 $65,570 $65,570 $0
2018 $1,263 $65,570 $65,570 $0
2017 $1,253 $65,570 $65,570 $0
2016 $1,253 $65,570 $65,570 $0
2015 -- $65,570 $65,570 $0
2014 -- $65,570 $65,570 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Michele 'Mitch' Smith

    Reata Ranch Realty, LLC

    Section Image

  • A

    Buyer's Agent in 2024

    Amy Kitchens

    Ranch House Realty

    (325) 938-6922

    18 Total Sales

    Amy Kitchens
    Section Image

  • A

    Buyer's Agent in 2024

    Agent Non-Member

    HLAOR Non Member Office

  • Cindy Lanham

    Seller's Agent in 2021

    Cindy Lanham

    Lake Homes Realty, LLC

    (866) 525-3466

    48 Total Sales

    Cindy Lanham
    Section Image

  • M

    Buyer's Agent in 2021

    Michelle Smith

    EXP REALTY

    (972) 732-6000

    2 Total Sales

    Michelle Smith
    Section Image
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Map

Source: Highland Lakes Association of REALTORS®

MLS Number: HLM167459

Highland Lakes Association of REALTORS®

APN: 79650

Texas Brown County May 76857

574 Oak Point Dr, May, TX

Not Listed for Sale

Detached

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