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Days13Days on Market
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$29,000

1240 Arrowhead Drive, West Tawakoni, TX, 75474

On MarketInfo
Just AddedInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size8,647 sqft

Land Information

APN2125-0000-0220-58
Lot Number22
SubdivisionArrowhead Addition 1st Installment
Land UseResidential
Legal DescriptionS2125 ARROWHEAD ADDITION 1ST INSTALLMENT LOT 22 ACRES .1985
Census Tract961600
Assessed Land Value$24,810
Assessment Year2025

About this property

Excellent opportunity to build your dream home in Arrowhead Addition, just a short walk to beautiful Lake Tawakoni. This residential lot offers access to city utilities, making it ready for your new construction plans. Enjoy all the benefits of lake area living with the neighborhood park nearby featuring fishing, swimming, picnic areas, and breathtaking open water views without the price tag of a waterfront. Don't miss your chance to own a homesite near the lake! Property is city owned, offer must be approved by City Council, please allow extra time for approval. No offers accepted until after three weeks from listing date. Disclosures in transaction desk. All information is approximate, buyer and buyers agent to verify information.

Investor Tools

$0Estimated Mortgage Balance
$29,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

Interested in this property?

Kathy Hobbs

Exit Realty Pinnacle Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$12/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$24,810
2025
$24,810
N/A
$24,810
Yes (2006)

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$24,810

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$29,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: West Tawakoni

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1240 Arrowhead Drive | Property Details | No Agent List