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$824,090

NAL Estimated Property Value

1513 Mcadams Rd, Possum Kingdom Lake, TX, 76449

Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths2,533 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$354.92 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesBoat Slip
Lot Size14,418 sqft

Building Information

Year Built1970

Land Information

APN113330000
Lot Number16
SubdivisionConstantin Pk Lake
Land UseResidential
Legal DescriptionCONSTANTIN PK LAKE LOT 16 & PT OF 17 G#C0550-00-00000-016-01-0
Census Tract000100
Assessed Land Value$533,860
Assessed Improvement Value$290,230
Assessment Year2025

About this property

FURNISHED Turn Key WATERFRONT with DOCK, LAKE HOME on PK. Great STR property on Evolve with 2533sqft, 5bd&2ba OPEN CONCEPT DESIGN LIVING for Entertaining all your Family & Friends. Fish, Boat, Swim, Relax & Recharge, & Watch the Spectacular Sunsets of PK, right off your Private Dock with Boat Slip & Lift in 14ft of Water, on a quiet, no wake slough, with wonderful lake neighbors. Plus also be close to all the Amenities, Dining & Shopping on the PK Peninsula. This Lake Home is also a beautiful Boat ride to famous Hell's Gate, & a short car ride to Hiking & Biking on the Peninsula Trails as well. There is also a detached 525sqft Bunkhouse for your extra Guests, 2 Outside Storage Units & a Covered Carport. The Back Patio has beautiful Large Oak Trees for summer shade. The House also features recently updated AC, Furnace, Appliances, Gas Water Heaters, Attic Insulation, Roof, Flooring, Lighting, Electrical & Bath upgrades as well. This is the BEST of PK Lake Living, PARADISE, with No HOA.

Investor Tools

Property Icon
$824,090
Estimated Property Value
$599,644Estimated Mortgage Balance
$224,446Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,394 /month
Positive
Cash Flow Estimate:
$1,798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,329/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,822
$824,090
2025
$533,860
$290,230
$824,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,822
$824,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Western Bank
Commercial
$620,000
No
First
Jul 12, 2024
Jul 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$599,644
$224,446
27%
73%
$3,718/mo

City: Possum Kingdom Lake

1513 Mcadams Rd | Property Details | No Agent List