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$384,000

NAL Estimated Property Value

105 Santee Dr, Lake Kiowa, TX, 76240

$432,005 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,160 Sq Ft
price_per_sqft$175.88 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringTile

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size16,135 sqft

Building Information

Year Built2001
Roof Type105
Garage Spaces1

Land Information

APN2810
Lot Number1602
SubdivisionLake Kiowa Map 12
Land UseResidential
Legal DescriptionLAKE KIOWA MAP 12; LOT 1602
Census Tract000701
Assessed Land Value$98,607
Assessed Improvement Value$223,845
Assessment Year2025

About this property

Located inside the gated community of Lake Kiowa on a low traffic road, this log home is full of character and surrounded by mature trees. Covered porches and the natural wood exterior give it the feel of a lake cabin while still offering the space and comfort needed for everyday living. The single-story floor plan includes approximately 2,160 square feet with an open living, kitchen, and dining area that works well for both daily life and entertaining. Wood finishes throughout the home and a stacked stone fireplace add warmth and complement the log construction. The current owners have completed several important updates, including replacing the HVAC system in January 2022. The range, dishwasher, washer, and dryer were replaced in 2023. One water heater was replaced in January 2024, and the exterior was restained in 2024. Additional improvements include a reverse osmosis water filtration system at the kitchen sink, recent duct cleaning, and installation of a UV air purification system approximately eight months ago. Outside, there is plenty of space to enjoy the outdoors, whether you’re having coffee on the porch, hosting friends, or simply relaxing in the shade of the trees. Lake Kiowa residents enjoy private access to the lake, 18 hole and 9 hole golf courses, parks, boat launches, beaches, soon-to-be-completed pickleball courts, and the security of a 24-hour gated entrance. Whether you’re looking for a full-time home or a weekend place at the lake, this property offers a setting that’s hard to find.

Investor Tools

Property Icon
$384,000
Estimated Property Value
$157,062Estimated Mortgage Balance
$226,938Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$432,005
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,304 /month
Positive
Cash Flow Estimate:
$768 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
$381/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,002
$322,452
2025
$98,607
$223,845
$322,452
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,002
$322,452

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$180,525
No
First
Nov 19, 2019
Dec 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,062
$226,938
59%
41%
$1,083/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,464/mo
$-44/mo
4.4%

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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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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105 Santee Dr | Property Details | No Agent List