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$899,000

123 Goodknight Ranch Rd, Trinidad, TX, 75163

$961,282 ARVInfo
Under ContractInfo
Beds5 Beds
Baths4 Bath
Baths2,746 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$327.39 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater

Building Information

Year Built1975
Roof Type105
Garage Spaces4

Land Information

APN3240-0000-4930-60
Lot Number493,494
SubdivisionKey Ranch Ests #1 (1011)
Land UseResidential
Legal DescriptionLTS 493 & 494-A AB 608 J PING SUR, KEY RANCH ESTATES #1, LTS 493 & 494-A
Census Tract950802
Assessed Land Value$337,500
Assessed Improvement Value$278,851
Assessment Year2025

About this property

Turnkey Lakefront Retreat Just One Hour from Dallas – Perfect for Entertaining & Getaways. Discover the ultimate lakefront escape in this fully renovated and thoughtfully expanded A-frame style home, set on two spacious lots with over 150 feet of shoreline—all within an easy hour's drive from Dallas. Whether you're seeking a serene weekend getaway, a high-performing short-term rental, or a forever family retreat, this home delivers space, comfort, and stunning waterfront living. Step into a bright, open-concept main house featuring 4 bedrooms and 3 full bathrooms, ideal for hosting family and friends. The generous living and dining areas are designed for entertaining, while large windows frame beautiful lake views. A two-car garage with extra storage and a covered porch just steps from the water add function and charm to this one-of-a-kind property. For even more guest space, the brand-new bunkhouse sleeps seven and includes a full bathroom. The lower level is built for fun and relaxation, offering a glass overhead door, a game room, and an oversized covered patio—perfect for grilling, dining al fresco, or watching sunsets over the lake. Your private boathouse is ready for adventure, with two slips equipped with new motorized lifts, electric, and secure straps. Set on a wide, deep-water channel with 6–7 feet of water at the dock and immediate access to open water, this location is perfect for swimming, paddleboarding, kayaking, and boating—all from your own backyard. With sleeping accommodations for up to 19 guests, this property is ideal for large families, hosting friends, or maximizing rental income. This rare, move-in-ready lakefront property offers the perfect blend of privacy, luxury, and recreation—schedule your private showing today and start living the lake life you've been dreaming of.

Investor Tools

$372,379Estimated Mortgage Balance
$377,621Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$961,282
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,394 /month
Positive
Cash Flow Estimate:
$1,798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,024/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,533
$616,351
2025
$337,500
$278,851
$616,351
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,533
$616,351

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$420,000
No
First
Jul 30, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$372,379
$377,621
50%
50%
$2,519/mo

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: Trinidad

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123 Goodknight Ranch Rd | Property Details | No Agent List