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$1,999,900

1211 Kiowa Dr W, Lake Kiowa, TX, 76240

Under ContractInfo
Beds4 Beds
Baths3 Bath
Baths4,481 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$446.31 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Tankless Water Heater, Wine Cooler
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Dock, Rain Gutters, Lighting
Lot Size20,517 sqft

Building Information

Year Built2003
Roof Type105
Garage Spaces3

Land Information

APN21107
Lot Number750
SubdivisionLake Kiowa Map 11
Land UseResidential
Legal DescriptionLAKE KIOWA MAP 11; LOT 750
Census Tract000701
Assessed Land Value$574,655
Assessed Improvement Value$879,640
Assessment Year2025

About this property

Drive through the gates of Lake Kiowa and feel your worries drift away! 1211 Kiowa Drive West is a beautifully remodeled waterfront home with sweeping lake and golf course views. The spacious layout includes two first-floor primary suites with lake views, including the main suite with direct access to the deck overlooking the backyard, pool, and water. The downstairs living area features a soaring two-story ceiling, fireplace, built-ins, and double doors leading to the deck. The kitchen is open to the living area by way of a breakfast bar and includes new quartz counters, built-in refrigerator and freezer, double oven, gas range, and wine fridge. Multiple pantries, storage closets, and an oversized utility room add excellent function. A breakfast area with built-ins and a formal dining room provide great space for gatherings. The larger primary suite features bay windows, a tray ceiling, recessed lighting, and ceiling fan. The en suite bath includes two spacious vanities, seated makeup area, slipper tub, separate shower, generous storage, and a large walk-in closet. A private office with built-in cabinets and desk is also located within this suite. Upstairs offers a huge bonus room with separate HVAC, additional living space, two bedrooms, and a balcony with retractable screens. Outside you’ll find a resort-style pool and spa with decking, separate fenced dog area, and multiple seating areas. The dock includes a boat lift, double jet ski lift, and built-in retractable boat cover. An oversized garage allows for additional storage or room for a workbench. Lake Kiowa offers a private lake, unlimited golf on an 18-hole PGA-rated course and 9-hole par 3 course, new pickleball courts, tennis, two beaches, playgrounds, great fishing, restaurant, 19th hole, pro shop, and more! Agents, please read private remarks thoroughly.

Investor Tools

$389,133Estimated Mortgage Balance
$1,790,458Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,068 /month
Positive
Cash Flow Estimate:
$4,356 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,037/month
$380/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,555
$1,246,818
2025
$574,655
$879,640
$1,454,295
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$13,555
$1,246,818

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Bank
Conventional
$438,000
No
First
Aug 17, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$389,133
$857,685
68%
18%
$2,627/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,753/mo
$3,007/mo
$-1,254/mo
1.0%

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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1211 Kiowa Dr W | Property Details | No Agent List