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$1,298,078

NAL Estimated Property Value

1024 Kiowa Dr E, Lake Kiowa, TX, 76240

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,696 Sq Ft
price_per_sqft$463.65 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater, Gas Cooktop, Microwave
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesDock, Rain Gutters, Outdoor Grill, Outdoor Kitchen
Lot Size25,779 sqft

Building Information

Year Built1982
Roof Type105
Garage Spaces4

Land Information

APN12003
Lot Number1408
SubdivisionLake Kiowa Map 12
Land UseResidential
Legal DescriptionLAKE KIOWA MAP 12; LOT 1408; ACRES .5918
Census Tract000701
Assessed Land Value$760,010
Assessed Improvement Value$538,068
Assessment Year2025

About this property

Your dream 4 bedroom 3 bath home on BIG WATER awaits! Spectacular lake views can be enjoyed from the recently remodeled open concept kitchen, dining and living room, spacious master suite with sitting area, and outdoor entertainment area complete with built in kitchen and fire pit. The kitchen boasts new appliances, a gas range, pot filler and stunning quartz countertops. Bright walls and large windows flood the home with natural light while rich wood floors, window treatments, and the stone, gas starter, wood burning fireplace create warmth and a cozy space. Boat dock includes boat and jet ski lifts, storage closet, decking to enjoy sunsets, and stairs with handrail to easily swim in the lake. 3 car garage and large driveway provide ample parking. Attic is framed, with all duct work and wiring for electrical and AV completed. Buyer can finish attic for bonus room or guest suite. Buyers will be inspired by the picturesque home design and decor that highlights the incredible spaces.

Investor Tools

Property Icon
$1,298,078
Estimated Property Value
$361,249Estimated Mortgage Balance
$936,829Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,788 /month
Positive
Cash Flow Estimate:
$2,596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,945/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,850
$1,298,078
2025
$760,010
$538,068
$1,298,078
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$16,850
$1,298,078

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Conventional
$383,600
No
First
Mar 2, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$361,249
$936,829
72%
28%
$2,300/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,753/mo
$2,600/mo
$-847/mo
1.6%

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: Lake Kiowa

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1024 Kiowa Dr E | Property Details | No Agent List