$519,000
NAL Estimated Property Value117 Bowie Drive, Lake Kiowa, TX, 76240
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringConcrete, Wood
Exterior
Exterior FeaturesRain Gutters
Lot Size15,307 sqft
Building Information
Year Built2007
Roof Type112
Garage Spaces2
Land Information
APN16869
Lot Number1515
SubdivisionLake Kiowa Map 12
Land UseResidential
Legal DescriptionLAKE KIOWA MAP 12; LOT 1515
Census Tract000701
Assessed Land Value$90,997
Assessed Improvement Value$398,840
Assessment Year2025
About this property
Custom home in desirable Lake Kiowa neighborhood has open concept living, kitchen, dining area with windows overlooking backyard with beautiful in-ground pool and firepit. The master features a large en suite bathroom with jetted tub and separate shower, and TWO walk in closets (one doubles as a storm shelter). The split bedroom arrangement allows for privacy. Additional features are central vacuum system, metal roof, dog run in backyard, sprinkler system. Don't miss out on this great home this summer!
Investor Tools
$519,000
Estimated Property Value
$368,264Estimated Mortgage Balance
$150,736Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,114 /month
Positive
Cash Flow Estimate:
$1,038 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$675/month
$288/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,509
$489,837
2025
$90,997
$398,840
$489,837
Yes (2024)
Tax History
Year
Tax Paid
Assessed Value
2024
$5,509
$489,837
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Va
$404,040
Yes
First
Sep 27, 2021
Oct 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$368,264
$150,736
29%
71%
$2,423/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,753/mo
$2,711/mo
$-958/mo
4.1%
