Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
A
NoAgentList RatingHow are grades calculated?Info
Days186Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$525,000

1246 Kiowa Drive W, Lake Kiowa, TX, 76240

$657,334 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,501 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.92 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Exterior FeaturesLighting
Lot Size32,897 sqft

Building Information

Year Built1997
Roof Type105
Garage Spaces4

Land Information

APN13227
Lot Number1048,10
SubdivisionLake Kiowa
Land UseResidential
Legal DescriptionLAKE KIOWA; LOT 1048 & 1049; 246 KIOWA DR W-LAKE KIOWA TX 766240
Census Tract000701
Assessed Land Value$138,489
Assessed Improvement Value$407,867
Assessment Year2025

About this property

1246 Kiowa Drive West sits on a spacious double lot in the gated Lake Kiowa community and offers a rare combination of privacy, functionality, and lake views. A private gated driveway leads to two separate oversized two-car garages, positioned on each side of the covered front porch. With no neighbors to the north or behind and water views across the street, the setting is hard to beat. Inside, the living room features a wood-burning fireplace, built-ins, and an open feel to the kitchen and dining area. The kitchen is designed for everyday living with a large island, breakfast bar, pass-through to the living room, abundant cabinetry, and a window overlooking the fenced backyard. The dining space is filled with natural light from a wall of windows and offers direct outdoor access. The home includes three generously sized bedrooms, and the primary bath features separate tub and shower for both quick mornings and relaxed evenings. Garage space is a standout feature. Both garages are oversized, and one is heated and cooled, making it ideal for a workshop, gym, or game room. The long driveway provides ample parking, and the property is fully fenced with an electric entry gate. Enjoy all that Lake Kiowa offers—private lake, 18-hole championship golf with unlimited play included in POA dues, 24-hour security, two beaches, and the new 9-hole par-3 course.

Investor Tools

$216,839Estimated Mortgage Balance
$329,517Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$657,334
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,278 /month
Positive
Cash Flow Estimate:
$1,093 /month

Interested in this property?

Kristi Hamilton

PREMIERE REAL ESTATE

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$819/month
$365/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,097
$546,356
2025
$138,489
$407,867
$546,356
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$7,097
$546,356

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$241,629
Yes
First
Feb 23, 2021
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,839
$329,517
60%
40%
$1,449/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,814/mo
$-394/mo
3.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1246 Kiowa Drive W | Property Details | No Agent List