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$249,000

123 Shawnee Drive, Lake Kiowa, TX, 76240

$323,700 ARVInfo
Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,789 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.18 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters
Lot Size31,572 sqft

Building Information

Year Built1983
Roof Type105
Garage Spaces2

Land Information

APN5464
Lot Number207,208
SubdivisionLake Kiowa Map 3
Land UseResidential
Legal DescriptionLAKE KIOWA MAP 3; LOT 207 & 208
Census Tract000701
Assessed Land Value$121,914
Assessed Improvement Value$364,838
Assessment Year2025

About this property

You can't beat the privacy of this Kiowa home nestled in treasure trove of trees on 2 great lots. Some of the wonderful features include a 2 car garage with a 2 car carport and a covered back patio with a huge brick and stone fire pit area. The house features 2 living areas, a remodeled kitchen with granite counters, hardwood floors and beautiful views out the plethora of windows. The master suite features a large vanity and 2 different walk in closets. This great home also features LED canned lighting and the brick wood burning fireplace has a heatalator that circulated the fireplace heat very well. Don't miss out on this one today.

Investor Tools

Property Icon
$486,752
Estimated Property Value
$0Estimated Mortgage Balance
$297,706Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$323,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,921 /month
Positive
Cash Flow Estimate:
$974 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$664/month
$276/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,530
$486,752
2025
$121,914
$364,838
$486,752
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,530
$486,752

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$211,500
No
First
Nov 6, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,046
$297,706
61%
39%
$1,269/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,753/mo
$1,545/mo
+$208/mo
4.3%

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.

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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