525 S Lake Murray Dr SE, Ardmore, OK, 73401
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1940
Materials
- Foundation: Combination
- Roof: Composition
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Fireplace features: None
Heating & Cooling
- Heating features: Has Heating (Unspecified Type)
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 812
- Total interior livable area: 812 sqft
Property
Details
- Parcel number: 525SLakeMurray73401
- Special condition: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Fencing: Chain Link Link
Lot
- Lot size: 0.27 Acres
- Features: Other
Parking
- Total spaces: 1
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Heat Wave
- Ice Storm
- Strong Wind
- Cold Wave
- Hail
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Carter County and Oklahoma
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $399 | $4,788 |
| Home Insurance | $108 | $1,296 |
| Property Taxes | $43 | $516 |
| Electricity | $144 | $1,732 |
| Total | $694 | $8,328 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-05 | Price change | $79,000 |
| 2025-11-29 | Listed for sale | $99,000 |
View on Zillow