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
Days3Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$230,000

128 Mohave Drive E, Gainesville, TX, 76240

On MarketInfo
Just AddedInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size15,991 sqft

Land Information

APN21050
Lot Number1673
SubdivisionLake Kiowa Map 12
Land UseVacant Land
Legal DescriptionLAKE KIOWA MAP 12; LOT 1673; 128 MOHAVE DR E
Census Tract000701
Assessed Land Value$67,687
Assessment Year2025

About this property

Discover the opportunity to own a piece of the highly sought-after Lake Kiowa community at 128 Mohave Drive. This vacant lot offers more than just land—it provides access to one of the premier private golf and lake communities in Cooke County. Ownership of this property grants access to Lake Kiowa's beautiful 18-hole golf course, renowned for its scenic layout, challenging play, and meticulously maintained fairways. Residents and property owners also enjoy access to the private lake, where boating, fishing, swimming, and waterfront recreation create the perfect North Texas getaway lifestyle. Whether you're looking to build your dream home, secure future investment property, or simply gain access to the outstanding amenities of Lake Kiowa, this lot offers exceptional value. The community features a private lake, beaches, recreational facilities, dining, and a welcoming atmosphere for residents and guests alike. An added advantage is the potential for multiple individuals to purchase the property together, allowing shared ownership while enjoying the benefits of Lake Kiowa membership, including golf and lake privileges. This unique opportunity makes the property attractive not only as a homesite but also as a recreational investment for golf enthusiasts and lake lovers alike. Don't miss your chance to own a gateway to the Lake Kiowa lifestyle—where championship golf, boating, swimming, fishing, and year-round recreation await.

Investor Tools

$19,654Estimated Mortgage Balance
$48,033Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

Interested in this property?

Diane Sicking

Real Estate Shoppe TX, LLC

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$99/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$853
$67,687
2025
$67,687
N/A
$67,687
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$853
$67,687

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Arm (Adjustable Rate Mortgage)
$22,000
No
First
Jun 24, 2020
Jul 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$19,654
$48,033
70%
29%
$114/mo

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: Gainesville

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

128 Mohave Drive E | Property Details | No Agent List