525 S Lake Murray Drive, Ardmore, OK 73401
Carter County
Key Facts
Description
This charming 1-bedroom, 1-bathroom home at 525 Lake Murray Dr S offers exceptional versatility with residential or commercial zoning. Located across from Hardy Murphy Coliseum and minutes from beautiful Lake Murray, this property presents an outstanding investment opportunity for rental income or Airbnb hosting. The home features a private fenced backyard and sits in a prime location with convenient access to local amenities, shopping, and entertainment venues. While the property requires some updates and improvements, it offers tremendous potential for the right buyer looking to customize their investment. The strategic location near Lake Murray makes this an attractive option for vacation rentals, taking advantage of the area's recreational activities and tourism. Whether you're seeking a rental property, commercial venture, or personal residence with income potential, this flexible zoning opportunity allows multiple usage possibilities. With its proximity to major attractions and essential services, this property represents an excellent chance to enter Ardmore's real estate market at an accessible price point. Call today for your private tour of this exceptional home! Some images have been virtually staged to show properties potential.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Bungalow
Year Built
1940
Living Area
812 sq ft
Lot Size
0.27 acres
Garage Spaces
1
Days on Market
158
MLS® Listing#
1204030
Property Features
Cooling
Heating
Fireplace
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Other Structures
Schools
- Elementary:
- Jefferson ES
- Middle:
- Ardmore MS
- High:
- Ardmore HS
Financial Details
Parcel Number
525SLakeMurray73401
Directions
Intersection of E Lake Murray Dr and S Lake Murray Dr go south on S Lake Murray Dr aprox 350 feet, property is on west side of road across from Hardy Murphy Coliseum.
Affordability Calculator
$15,800
Estimated monthly payment
$420/mo
Principal $63,200 · Est. interest $88,170 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Ardmore, OK
- $258,696
- Median Listing Price
- 81
- Median Days on Market
- 1,789
- Median Sq Ft
- $136
- Median Price / Sq Ft
- 224
- Active Listings
- This home’s price is 69% below the area median.
- Its price per sq ft is 28% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Ardmore, OK.
Location
Points of Interest in Ardmore, OK
Showing the Ardmore area map.
Nearby Schools
Jefferson Elementary School
Elementary · 0.3 mi away
Lincoln Elementary School
Elementary · 1.0 mi away
Will Rogers Elementary School
Elementary · 1.8 mi away
Ardmore Christian School
School · 2.1 mi away
New Beginnings Christian School
School · 2.3 mi away
Charles Evans Elementary School
Elementary · 2.4 mi away
Southerntech
Secondary · 2.7 mi away
Southern Oklahoma Technology Center
School · 2.7 mi away
Southern Oklahoma Technology Center - Cosmetology
Secondary · 2.8 mi away
Oak Hall Episcopal School
Elementary · 2.9 mi away
Ardmore City Schools
School · 2.9 mi away
Ardmore Middle School
School · 3.0 mi away
Ardmore High School
Secondary · 3.0 mi away
Pia - Plainview Middle School Parents in Action
School · 3.2 mi away
Plainview Public School
Elementary · 3.2 mi away
Plainview High School
Secondary · 3.2 mi away
Plainview Intermediate es
Elementary · 3.2 mi away
Ardmore Adventist Academy
School · 5.9 mi away
Lone Grove HS
Secondary · 7.2 mi away
Lone Grove Middle School
Elementary · 7.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1112 Douglas Street SE, Ardmore, OK | $60,000 | 2 | 1 | 925 |
| 411 N Washington, Ardmore, OK | $65,000 | 2 | 2 | 2,547 |
| 1428 Healdton Boulevard, Ardmore, OK | $69,000 | 2 | 1 | 816 |
| 10 10th NW, Ardmore, OK | $69,900 | 2 | 1 | 869 |
| 619 M SW, Ardmore, OK | $69,900 | 2 | 1 | 720 |
| 319 B SW, Ardmore, OK | $79,900 | 3 | 2 | 1,189 |
Moving Cost Estimate
EXIT Agents in Ardmore
Listing Courtesy: Provisions Realty Group - 4052688152
Presented by: Makenzie McElroy