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$460,000

NAL Estimated Property Value

123 Pontiac Drive, Lake Kiowa, TX, 76240

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,048 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$227.05 / sqft
Year BuiltBuilt in 1973

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
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesAwning(s), Rain Gutters, Lighting, Private Entrance, Private Yard
Lot Size30,000 sqft

Building Information

Year Built1973
Roof Type105
Garage Spaces2

Land Information

APN9949
Lot Number490,491
SubdivisionLake Kiowa Map 4
Land UseResidential
Legal DescriptionLAKE KIOWA MAP 4; LOT 490 & 491
Census Tract000701
Assessed Land Value$120,000
Assessed Improvement Value$335,483
Assessment Year2025

About this property

Situated on an expansive and highly sought-after double lot, this beautifully reimagined and freshly painted home seamlessly blends timeless charm with modern convenience. Just a short walk from the East Beach, playground, tennis and basketball courts, this prime location offers both recreation and relaxation at your doorstep. This 4-bedroom, 3-bath residence boasts a thoughtfully designed open-concept main level, perfect for entertaining. Upstairs, the private owner’s retreat offers a spacious sanctuary complete with a personal balcony overlooking the lake, an oversized walk-in closet, and a spa-inspired en-suite featuring a double vanity, walk-in shower, and elegant clawfoot tub. The heart of the home—the gourmet kitchen—features sleek granite countertops, high-end stainless steel appliances, a charming farmhouse sink, and custom cabinetry, creating an inviting space for culinary creativity. The detached garage includes a flexible loft area with a full bath, ideal for a guest suite, home gym, office, or creative studio. This home is move-in ready and designed for year-round enjoyment.

Investor Tools

Property Icon
$460,000
Estimated Property Value
$283,982Estimated Mortgage Balance
$176,018Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,790 /month
Positive
Cash Flow Estimate:
$930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$685/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,920
$455,483
2025
$120,000
$335,483
$455,483
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,920
$455,483

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Regent Bank
Commercial
$300,000
No
First
Jun 2, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,982
$176,018
38%
62%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,753/mo
$2,149/mo
$-396/mo
4.6%

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.

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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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123 Pontiac Drive | Property Details | No Agent List