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$405,890

NAL Estimated Property Value

1601 Forum Circle 148, Possum Kingdom Lake, TX, 76449

$527,657 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,554 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$289.58 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesOther

Exterior

Lot Size7,057 sqft

Building Information

Year Built1960

Land Information

APN113860000
Lot Number148
SubdivisionConstantin Pk Lake
Land UseResidential
Legal DescriptionCONSTANTIN PK LAKE LOT 148 G#C0550-00-00000-148-01-0
Census Tract000100
Assessed Land Value$183,480
Assessed Improvement Value$222,410
Assessment Year2025

About this property

Nestled on the shoreline of scenic Possum Kingdom Lake sits your waterfront oasis. Build your dream home on this level, easy to care for lot with lush grass and a swim dock already in place, or renovate the older, nostalgic home. There's a reason you hardly ever see homes on this street come up for sale, because it's the perfect, quiet neighborhood that you'll want to keep as long as possible. Perfect location on the Peninsula, just a minute to shopping and eateries with live entertainment, there's always something to do and a perfect sunset to be seen. Looking out at the crystal blue waters of the Great Lake of Texas, you'll never tire of the peaceful feeling this lake gives you. Enjoy cooking out after a long day of playing on the water, you've never had relaxation like this. Bring your builder of choice and make your dreams become a reality, opportunities like this don't present themselves often, so don't wait! Priced to sell!

Investor Tools

Property Icon
$405,890
Estimated Property Value
$0Estimated Mortgage Balance
$405,890Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$527,657
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$262/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,111
$405,890
2025
$183,480
$222,410
$405,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,111
$405,890

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$405,890
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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1601 Forum Circle 148 | Property Details | No Agent List