1view

$1,195,000

1049 Airport Road, Possum Kingdom Lake, TX, 76449

Off Market

4 Beds

3 Bath

1,880 Sq Ft

Single Family Residence

$635.64 / sqft

Built in 2013

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms 3

AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator

FlooringCarpet, Cork, Tile

Exterior

Exterior FeaturesDock, Lighting, Outdoor Shower

Lot Size21,039 sqft

Building Information

Year Built2013

Garage Spaces2

Land Information

APN194570000

Lot NumberJ

SubdivisionPk Lake 38-1-50 Area 11

Land UseResidential

Legal DescriptionPK LAKE 38-1-50 AREA 11 LOT J (FEE SIMPLE .418 AC & FERC .065 AC ) G#P0500-00-11000-00J-00-0 DOCK #9000/N

Census Tract000100

Assessed Land Value$294,550

Assessed Improvement Value$741,370

Assessment Year2025

About this property

Pilots Welcome! Fly in and walk across the street to your perfect lake Retreat. Tree lined circle drive to this attractive home offering open living and kitchen design. The kitchen offers a gorgeous mesquite slab bar with live edge, granite counters, beautiful cork flooring and walls of windows that bring the outdoors in. Lakeside Master suite with dual vanities and walk in shower. Huge outdoor living space complete with outdoor kitchen, handsome stone fireplace, outdoor shower and bar for entertaining and relaxing. Lakeside cabana with loft offers overflow sleeping for guests. Expansive kid friendly play-yard with gentle walk to sandy beach waterfront, perfect for kids and grandkids. Rock retaining wall. Swim dock for fishing, sunbathing and relaxing while taking in the gorgeous views. 2 Large Carports, as well as 2 garages for all of your lake toys. Ideal vacation rental or full time residence! The most Spectacular Sunsets on PK. Partially furnished. Convenient to everything PK!

Investor Tools

$1,035,920

Estimated Property Value

$0Estimated Mortgage Balance

$219,476Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,170 /month

Positive

Cash Flow Estimate:

$2,390 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,625/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$14,321

$1,035,920

2025

$294,550

$741,370

$1,035,920

Tax History

Year

Tax Paid

Assessed Value

2024

$14,321

$1,035,920

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First United Bank & Trust Co

Credit Line (Revolving) / Heloc

$820,000

First

Feb 18, 2026

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$816,444

$219,476

21%

79%

$4,917/mo

Learn About the Market: Opportunity in Texas

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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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