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For sale
  • Price cut: $20K (5/5)
    $79,000

    525 S Lake Murray Dr SE, Ardmore, OK 73401

    1beds
    812sqft
    : 
    $544/mo
    Get pre-qualified
    Single Family Residence
    Built in 1940
    0.27 Acres Lot
    $-- Zestimate®
    $97/sqft
    $-- HOA

    What's special

    Private fenced backyard
    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.
    243 days
    |
    145
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    April McElroy 405-413-5386,

    Provisions Realty Group,

    Jason McElroy 405-512-2783,

    Provisions Realty Group

    Source: MLSOK/OKCMAR as distributed by MLS GRID,MLS#: 1204030MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Window Unit(s)
      Features
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 812
      • Total interior livable area: 812 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage
      • Garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Porch
      • Fencing: Chain Link Link
      Lot
      • Size: 0.27 Acres
      • Features: Other
      Details
      • Additional structures: Outbuilding
      • Parcel number: 525SLakeMurray73401
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Foundation: Combination
      • Roof: Composition
      Condition
      • Year built: 1940

      Community & HOA

      Location
      • Region: Ardmore

      Financial & listing details

      • Price per square foot: $97/sqft
      • Tax assessed value: $31,501
      • Annual tax amount: $371
      • Date on market: 11/29/2025

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $842/mo

        Price history

        DateEventPrice
        5/5/2026Price change$79,000-20.2%$97/sqft
        Source: MLSOK/OKCMAR as distributed by MLS GRID #1204030 Report a problem
        11/29/2025Listed for sale$99,000$122/sqft
        Source: MLSOK/OKCMAR as distributed by MLS GRID #1204030 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$377 +1.6%$3,780 +1.6%
        2024$371 +6.1%$3,721 +5%
        2023$350 +152.4%$3,543 +44.6%
        2022$139 -0.4%$2,451 +3%
        2021$139 +6.9%$2,380 +3%
        2020$130 +8%$2,310 +3%
        2019$121 +16%$2,242 +6%
        2017$104 +6%$2,115 +3.1%
        2016$98 +28.7%$2,052 +3%
        2015$76 +6.1%$1,992 +2.9%
        2014$72 +6.5%$1,935 +3%
        2013$67 +6.6%$1,878 +3%
        2012$63 $1,824
        2011$63 -0.9%$1,824
        2010$64 $1,824
        2009$64 +7.2%$1,824
        2008$60 +3.2%$1,824 +3.9%
        2007$58 $1,756
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 73401

        Getting around

        45 / 100
        Car-Dependent
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Jefferson ES
        • Middle: Ardmore MS
        • High: Ardmore HS

        Source: MLSOK/OKCMAR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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