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$452,699

NAL Estimated Property Value

109 Tomahawk Drive, Lake Kiowa, TX, 76240

$463,002 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,288 Sq Ft
price_per_sqft$196.68 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Vented Exhaust Fan
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesBarbecue
Lot Size22,786 sqft

Building Information

Year Built1974
Roof Type105
Garage Spaces3

Land Information

APN846
Lot Number1580
SubdivisionLake Kiowa Map 12
Land UseResidential
Legal DescriptionLAKE KIOWA MAP 12; LOT 1580
Census Tract000701
Assessed Land Value$114,660
Assessed Improvement Value$338,039
Assessment Year2025

About this property

Completely updated and ready for new owners! The natural light in this home is amazing! The open living, kitchen and dining space has a vaulted ceiling accented by wood beams. The kitchen has been completely transformed with new cabinetry, counters, appliances, under cabinet lighting, and light fixtures. The new flooring throughout the living space is beautiful and easy to clean. A sunroom off the main living area has a wall of windows with a bit of a water view! Both bathrooms feature beautiful tile work. The exterior has cedar trim accents and new sidewalks added. The detached two car garage is oversized with extra storage space and features a new garage door and paint. The home sits on a corner half-acre lot in a low traffic area. The updates are too numerous to list! Schedule your viewing today!

Investor Tools

Property Icon
$452,699
Estimated Property Value
$392,085Estimated Mortgage Balance
$60,614Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$463,002
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,716 /month
Positive
Cash Flow Estimate:
$905 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$606/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,011
$452,699
2025
$114,660
$338,039
$452,699
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,011
$452,699

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$414,200
No
First
Jun 2, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$392,085
$60,614
13%
87%
$2,484/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$2,784/mo
$-1,364/mo
3.8%

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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109 Tomahawk Drive | Property Details | No Agent List