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$1,947,600

NAL Estimated Property Value

108 Chippewa Cv, Lake Kiowa, TX, 76240

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,516 Sq Ft
price_per_sqft$611.49 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave
FlooringCarpet, See Remarks, Tile, Wood

Exterior

Exterior FeaturesAwning(s), Balcony, Dock, Lighting, Storage
Lot Size1.27 acres

Building Information

Year Built1996
Roof Type104
Garage Spaces5

Land Information

APN16452
Lot Number1753,17
SubdivisionLake Kiowa Map 11
Land UseResidential
Legal DescriptionLAKE KIOWA MAP 11; LOT 1753 & 1754 PT OF & PT OF AB 321
Census Tract000701
Assessed Land Value$1,113,194
Assessed Improvement Value$834,406
Assessment Year2025

About this property

The opportunity to own a truly special lakefront estate is here! 108 Chippewa Cove is located on a small cul-de-sac in the prestigious and private Lake Kiowa community. Upon entering, two tranquil ponds with water features and a large circle drive welcome guests to the property. The lot is well over an acre and features views of the Lake Kiowa PGA-rated golf course’s signature hole. The exquisite southwest style home is full of thoughtful details and beautiful interior design. The front door opens to a large gathering area with a wall of windows overlooking the lake, a stone fireplace, and a vaulted wood plank ceiling. The open floor plan allows an easy flow between the living area and kitchen. Cabinetry throughout is custom and features artistic finishes and custom made hardware. The primary suite has its own fireplace and access to the back yard. The primary bathroom features beautiful tile work and a steam shower. The walk in closet doubles as a safe room, and has an upstairs area for use as an office or extra storage. A second primary on the first floor also features an en suite bathroom with colorful tile and dual vanities. Upstairs is a large room perfect for a bunk room or game room with a dedicated full bathroom. Outside, almost 3000 square feet of porches and multi-level decking offer unparalleled views of the lake and golf course. The expansive boat dock can accommodate multiple watercraft. The dock also provides storage, room for a seating area, and an outdoor shower. An oversized garage with storage rooms and golf cart entrance thoughtfully contains extra materials for any future additions or repairs. Plans for expanding the home are available. Furnishings are negotiable with some exceptions. Come see everything this property has to offer and start enjoying the peaceful Lake Kiowa lifestyle today!

Investor Tools

Property Icon
$1,947,600
Estimated Property Value
$1,583,701Estimated Mortgage Balance
$363,899Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,900 /month
Positive
Cash Flow Estimate:
$4,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,887/month
$235/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$24,903
$1,947,600
2025
$1,113,194
$834,406
$1,947,600
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$24,903
$1,947,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Champions Funding Llc
Commercial
$1,600,000
No
First
Oct 31, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,583,701
$363,899
18%
81%
$9,593/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$9,828/mo
$-8,408/mo
0.9%

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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108 Chippewa Cv | Property Details | No Agent List