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$575,000

114 Lakewood Road, Trinidad, TX, 75163

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,153 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$267.07 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Concrete, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size23,522 sqft

Building Information

Year Built2020
Garage Spaces5

Land Information

APN3315-0003-0250-60
Lot Number25,27
SubdivisionLakewood (370)
Land UseResidential
Legal Description25R AB 608 J PING SUR, LAKEWOOD BLK 3 LT 25R (RE:LTS 25-27) REPLAT G/225
Census Tract950802
Assessed Land Value$51,000
Assessed Improvement Value$461,615
Assessment Year2025

About this property

Charming and meticulously maintained waterfront home in the tight knit Lakewood community! This custom built two-story home features 3 bedrooms, 2.5 baths, stained concrete floors, an open-concept layout, and beautiful granite countertops throughout. The spacious primary suite offers a large bedroom, oversized bath, walk-in closet, and convenient access to the laundry room. Situated on approximately half an acre at the end of protected water, this property is designed for both relaxation and recreation. Enjoy a newer seawall, dredged, and a waterfront setup already prepared for a future boathouse. The 768 sq. ft. heated and cooled garage provides incredible flexibility and can serve as a workshop, game room, man cave, additional living space, or hobby area. A covered carport adds even more convenience for parking and storage. The beautifully landscaped yard is enhanced with a sprinkler system and mature trees and landscaping, creating exceptional curb appeal. Residents of Lakewood enjoy access to a community boat launch and park, making lake living easy and enjoyable. Survey and T-47 are available. If a new survey is required, it will be at the buyer's expense. Buyer and buyer's agent to verify all information provided. Waterfront charm, versatile living spaces, and move-in-ready condition make this property a must-see!

Investor Tools

Property Icon
$397,707
Estimated Property Value
$0Estimated Mortgage Balance
$98,888Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

Interested in this property?

Todd Russell

KW-Cedar Creek Lake Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$486/month
$30/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,840
$397,707
2025
$51,000
$461,615
$512,615
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,840
$397,707

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$323,000
No
First
Jun 13, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$298,819
$98,888
24%
75%
$1,937/mo

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.

Explore Texas Explore This Area
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: Trinidad

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114 Lakewood Road | Property Details | No Agent List