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$999,000

1571 Falls Creek Drive, Possum Kingdom Lake, TX, 76449

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths2,675 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$373.46 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4.5Bathrooms 4.5
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Range, Microwave, Refrigerator
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Fire Pit
Lot Size19,776 sqft

Building Information

Year Built2012
Garage Spaces1

Land Information

APN136775610
Lot Number19R
SubdivisionHill Country Harbor
Land UseResidential
Legal DescriptionHILL COUNTRY HARBOR PH 1 BLK B LT 19R G#HCH00-01-00B00-019-R0-0
Census Tract000100
Assessed Land Value$84,050
Assessed Improvement Value$830,390
Assessment Year2025

About this property

Enjoy Luxurious rustic living in this stunning cabin nestled in a resort community, boasting high-end finishes and ample living space. This picturesque four-bedroom retreat is situated on a serene pond. Inside, the home features spacious rooms that are exquisitely designed with rustic elements, from the hardwood floors to the exposed wood beams. The living area is cozy and inviting, with a fireplace that is perfect for relaxing evenings. The kitchen is a chef's dream, with stainless steel appliances, custom cabinets, and granite countertops. The outdoor spaces are just as impressive, with a fire pit that is perfect for gathering with friends and family. The resort community offers a wealth of amenities, including sports complex, fitness center, resort pools, fishing ponds, and more. Photos coming soon!

Investor Tools

Property Icon
$914,440
Estimated Property Value
$0Estimated Mortgage Balance
$914,440Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,994 /month
Positive
Cash Flow Estimate:
$1,998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,820/month
$6,800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,270
$914,440
2025
$84,050
$830,390
$914,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,270
$914,440

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$914,440
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Possum Kingdom Lake

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1571 Falls Creek Drive | Property Details | No Agent List