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NoAgentList RatingHow are grades calculated? Info

$649,353

122 Mohave Drive, Lake Kiowa, TX, 76240

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,481 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.1 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size18,125 sqft

Building Information

Year Built2018
Roof Type105
Garage Spaces3

Land Information

APN7301
Lot Number1676
SubdivisionLake Kiowa Map 12
Land UseResidential
Legal DescriptionLAKE KIOWA MAP 12; 7812; LOT 1676; 0.4161
Census Tract000701
Assessed Land Value$99,586
Assessed Improvement Value$562,463
Assessment Year2025

About this property

New Construction on almost a half acre! This Custom Home features Brick & Stone Exterior, 3BR & 2.5Baths with Study or 4th Bedroom. Lightly Scraped Nail Down Hardwood floors in all main areas. Custom Maple Stained Cabinets in Kitchen. Granite & Marble Counter tops, Oil Rubbed Bronze Plumbing & Electrical fixtures, 3 car garage & Covered Front & Back patio. The Kitchen opens into the Great Room featuring Large Island & Wooden Beams. The Master Suite features Large Walk in Shower, Corner Soaking Tub, Walk in Closet with Chest, & Upgraded Tile flooring in all wet areas. The Bonus Room upstairs is perfect for Man Cave or Game Room.

Investor Tools

Property Icon
$649,353
Estimated Property Value
$0Estimated Mortgage Balance
$434,926Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,896 /month
Positive
Cash Flow Estimate:
$1,299 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$604/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,007
$649,353
2025
$99,586
$562,463
$662,049
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,007
$649,353

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$238,000
No
First
Mar 15, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,427
$434,926
66%
33%
$1,427/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,677/mo
$-257/mo
2.6%

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: Lake Kiowa

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122 Mohave Drive | Property Details | No Agent List