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$999,800

1017 N Mesquite Ridge, Possum Kingdom Lake, TX, 76449

$1,299,740 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,873 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$348 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListDeal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesRefrigerator, Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Warming Drawer
FlooringCeramic Tile, Concrete, Wood

Exterior

Lot Size37,679 sqft

Building Information

Year Built2011
Garage Spaces3

Land Information

APN125580600
Lot Number196
SubdivisionGaines Bend Pk Lake
Land UseResidential
Legal DescriptionGAINES BEND PK LAKE BLK 1 LOT 196 DEEDED LAND G#G0050-00-00010-196-00-0
Census Tract000200
Assessed Land Value$881,530
Assessed Improvement Value$1,152,180
Assessment Year2025

About this property

Beautiful Stone Home on the Gaines Bend Cliffline. Unparalled views of Hells Gate and Possum Kingdoms Crystal Blue waters. Utmost attention to detail with expansive open floorplan, volume wood ceilings, and large windows that bring the outdoors in! Exquisite kitchen for the Gourmet Cook- handsome stainless countertops and granite eat in bar. Upscale appliances- Sub Zero Fridge, Wolf stove, Wolf warming drawer and built in steamer. Advantium Convection oven. Large Master suite. Oversized guest could be 8x15' guest + 12x15' bunkroom. Study makes 3rd bdrm. Sizeable covered patio, screened porch. Many upgrades-Instant Hot water- Safe Room-lightening rods. Dumbwaiter to garage loft. Blueprints for additional bdroom.

Investor Tools

Property Icon
$2,370,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,763,807Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,299,740
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,220 /month
Positive
Cash Flow Estimate:
$4,740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,273/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$27,422
$2,033,710
2025
$881,530
$1,152,180
$2,033,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$27,422
$2,033,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The American National Bank Of Texas
Conventional
$685,120
No
First
Jun 26, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$606,193
$1,763,807
74%
26%
$4,108/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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1017 N Mesquite Ridge | Property Details | No Agent List