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$525,000

115 Seminole Dr, Lake Kiowa, TX, 76240

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,218 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$236.7 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerMove-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, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size14,466 sqft

Building Information

Year Built2001
Roof Type105
Garage Spaces2

Land Information

APN272
Lot Number1323
SubdivisionLake Kiowa
Land UseResidential
Legal DescriptionLAKE KIOWA; 7800; LOT 1323 PT OF; 0.3321
Census Tract000701
Assessed Land Value$97,375
Assessed Improvement Value$358,559
Assessment Year2025

About this property

If you’ve been dreaming of a home that blends comfort, style, and a connection to the outdoors—this is the one. Located in a gated community next to Lake Kiowa, this beautifully updated 3-bedroom, 2-bath home offers the perfect combination of peaceful living and thoughtful upgrades. With an oversized attached garage, a spacious layout, and a large fenced yard, it’s designed for both everyday ease and unforgettable moments with friends and family. Inside, you’re welcomed by an open, light-filled floor plan where the living, dining, and kitchen areas flow effortlessly together. The refreshed kitchen features granite countertops, custom cabinetry, updated appliances, and a cozy dining area that opens to the living room with its inviting electric fireplace and backyard views. It’s a space made for connection—whether you're hosting a lively gathering or enjoying a quiet evening at home. The primary suite is a true retreat, complete with a spacious walk-in closet and an updated bathroom featuring a refreshed shower, dual vanities, and modern finishes. The two additional bedrooms offer recently added carpet and access to a stylish, refreshed full bath. Additional updates include interior and exterior paint, updated lighting and fixtures, a garage door opener, added gutters, and a privacy-enhancing wood fence along the west side. But the highlight? The incredible backyard. With a covered patio overlooking a nature-filled landscape, this private outdoor space is perfect for entertaining, relaxing, or simply soaking in the peace and quiet. Whether it’s morning coffee, weekend barbecues, or evenings under the stars, this backyard is ready for it all. Conveniently located near the east gate, with easy access to the east beach and boat launch, this home offers not only upgraded comfort but also the lifestyle you've been waiting for. Don’t miss this opportunity to own your own piece of paradise next to Lake Kiowa.

Investor Tools

Property Icon
$485,000
Estimated Property Value
$526,830Estimated Mortgage Balance
$0Estimated Equity
-9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$540/month
$340/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,057
$455,934
2025
$97,375
$358,559
$455,934
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,057
$455,934

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Unknown
$526,830
No
First
May 15, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,035,106
N/A
0%
213%
$6,318/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$6,658/mo
$-5,238/mo
3.5%

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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