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$279,500

121 Modoc Trail, Lake Kiowa, TX, 76240

$330,029 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,001 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.68 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListHigh Equity

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, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size15,002 sqft

Building Information

Year Built1988
Roof Type105
Garage Spaces2

Land Information

APN17819
Lot Number950
SubdivisionLake Kiowa Map 8
Land UseResidential
Legal DescriptionLAKE KIOWA MAP 8; LOT 950
Census Tract000701
Assessed Land Value$115,500
Assessed Improvement Value$330,971
Assessment Year2025

About this property

This beautiful brick home on the #1 fairway is a must have. Some of the wonderful features include large mature trees, a fantastic view of the golf course, located on a very quiet street and right around the corner from the pro shop, lodge and west beach. The large living room features vaulted ceiling, a wall of windows overlooking the golf course and built ins. The spacious kitchen has tons of cabinets, large island and updated appliances. The master suite boasts separate shower and tub with his and hers closets and vanities. AC, roof, water heater and aerobic septic have all been updated recently. The oversized garage has a separate entrance for golf carts.

Investor Tools

Property Icon
$422,700
Estimated Property Value
$0Estimated Mortgage Balance
$146,487Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$330,029
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,536 /month
Positive
Cash Flow Estimate:
$845 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$434/month
$276/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,095
$422,700
2025
$115,500
$330,971
$446,471
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,095
$422,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Conventional
$208,000
No
First
Jun 2, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$276,213
$146,487
34%
65%
$1,848/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$2,124/mo
$-704/mo
4.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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121 Modoc Trail | Property Details | No Agent List