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$2,168,000

NAL Estimated Property Value

1003 Oak Hill Ln, Possum Kingdom Lake, TX, 76449

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,184 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$687.81 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Wine Cooler
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Boat Slip, Dock, Gas Grill, Rain Gutters, Lighting, Outdoor Kitchen, Private Entrance
Lot Size27,007 sqft

Building Information

Year Built1998
Garage Spaces3

Land Information

APN125910000
Lot Number260
SubdivisionGaines Bend Pk Lake
Land UseResidential
Legal DescriptionGAINES BEND PK LAKE BLK 1 LOT 260 DEEDED LAND G#G0050-00-00010-260-00-0
Census Tract000200
Assessed Land Value$712,530
Assessed Improvement Value$1,293,580
Assessment Year2025

About this property

SPECTACULAR, NEWLY REMODELED, WATERFRONT 3184 SQFT LAKEHOUSE WITH DEEP WATER, DOUBLE LEVEL DOCK, Separate Media and Bunk Room, 3 Gar Garage with Guest Apt above, and All with BREATHTAKING PK VIEWS in the highly sought after Prestigious Community of GAINES BEND. This Custom Home is located on a Coveted Deep Water Cove just around the corner from The Famous Hells Gate, and it is the IDEAL PK LAKE FAMILY RETREAT. The 3bd & 3ba Main House has a Light and Bright Open Floor Plan, JUST UPDATED THROUGHOUT THE ENTIRE HOME, & Features Cathedral Ceilings, floor to ceiling Stunning Lake View Windows, all Stainless Appliances, all new Lighting, Flooring, & Cabinets, Rock Fireplace, Wet Bar, and Relaxing Patios to maximize the Breathtaking Lake Views, Sunrises and Sunsets. The current owners added a Gorgeous Custom Rock and Cedar, Chef's Dream Outdoor Kitchen, with Pellet Grill, Pizza Oven, Alfresco Flat Grill, Refrigerator, Sink, Storage and Granite Counter Seating, with an additional Living Area & Fireplace for Maximum Outdoor Entertaining & Dining, and all this is highlighted by a Waterfall that flows into a Custom Rock Gunite Wading Pool. Plus they also built a 1467 SQFT DETACHED 3 CAR GARAGE with Separate 535 SQFT APARTMENT and OFFICE Space for overflow Guests, and converted the old garage space into a 1001 SQFT MEDIA, GAME, WORKOUT & 5th Bd BUNK ROOM, however you design it. The Grandkids also love the secret Loft bedroom above the Game Room as well. Next to the New garage the Owners also created additional Parking for Guests and Trailers. Then once you walk down the rock steps on the lakeside of the house, there is a Double Level Dock that sits in 22ft of Water in the NO WAKE Cove and has two 10x28 Boat Slips with Lifts, 2 Jet Ski Ports and Kids Slides as well. On the 2nd Level there is a great Covered Dining Area with Beautiful Lake views down the Private Cove towards Hell's Gate. This is the BEST OF PK LAKE LIVING & THE ULTIMATE LAKE ESCAPE TO RELAX AND RECHARGE PK STYLE.

Investor Tools

Property Icon
$2,168,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,168,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,140 /month
Positive
Cash Flow Estimate:
$4,380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,064/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,929
$2,006,110
2025
$712,530
$1,293,580
$2,006,110
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,929
$2,006,110

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,132,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Possum Kingdom Lake

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1003 Oak Hill Ln | Property Details | No Agent List