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$1,575,000

1011 N Mesquite Ridge, Possum Kingdom Lake, TX, 76449

$2,047,500 ARVInfo
Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,545 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$346.53 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListARV FlipHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size32,670 sqft

Building Information

Year Built1999
Garage Spaces1

Land Information

APN125581100
Lot Number201
SubdivisionGaines Bend Pk Lake
Land UseResidential
Legal DescriptionGAINES BEND PK LAKE BLK 1 LOT 201 DEEDED LAND G#G0050-00-00010-201-00-0
Census Tract000200
Assessed Land Value$873,270
Assessed Improvement Value$676,730
Assessment Year2025

About this property

Wow! Looking for a show stopper in a Select locale? This is it! Crisp pastels and bold modern design with open living and kitchen space offer the perfect setting for lake style living. This delightful 5 bedroom, 4 bath, luxuriously appointed home offers ample space for entertaining. A lower level master suite is plushly dressed. Bonus guest home for gaming, entertaining or the perfect guest quarters. Expansive windows offer gorgeous vistas with breathtaking views of Hells Gate and Possum Kingdoms Crystal Blue waters. A like-new elevator offers ease of access to deepwater boat dock with slip and two PWC lifts. New Catwalk. Come see the many designer touches throughout. Furnishings negotiable!

Investor Tools

Property Icon
$2,136,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,136,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$2,047,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,816 /month
Positive
Cash Flow Estimate:
$4,272 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,362/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,661
$1,550,000
2025
$873,270
$676,730
$1,550,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,661
$1,550,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,136,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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1011 N Mesquite Ridge | Property Details | No Agent List