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$429,000

1636 Sawtooth Mountain Road, Possum Kingdom Lake, TX, 76449

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths3 Bath
Baths1,520 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$282.24 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Range, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesBalcony, Fire Pit, Private Yard
Lot Size5.01 acres

Building Information

Garage Spaces2

Land Information

APN250012150
Lot Number738-R3
SubdivisionHills Above Possum Kingdom
Land UseResidential
Legal DescriptionHILLS ABOVE POSSUM KINGDOM PH 3 SEC 5A LT 738-R3 G#H0000-03-005A0-738-0R-3
Census Tract000100
Assessed Land Value$115,350
Assessed Improvement Value$286,360
Assessment Year2025

About this property

PERFECT PK LAKEHOME GETAWAY on 5 Acres, in the Breathtaking Hills Above Possum Kingdom, a Gated Neighborhood with Beautiful Hills & Valley views as well as Spectacular Sunsets from your Large Covered Deck. All this then overlooks a Private Pond with Fountain and a Creek Bed, that fills seasonally with rains, and 5 Acres to walk, hike, explore, and enjoy this incredible Tx Hill and Lake Country, Rustic Setting. The inside of the home features a Light & Bright, Open Concept Design Living Space with Wood-Beamed Cathedral Ceiling, Eat In Kitchen with Granite Countertops & Stainless Appliances, Walk-in Pantry, ½ bath and a 2 Car Carport on the main level accessing the Front Door. The 2 Bedrooms downstairs, both have attached Baths, plus there is Bonus Room, or Game Room for Extra Guests, Laundry Room, and a lower level walk-out entrance. Then its an easy walk or drive down on the property to the 24 x 30 Garage & Workshop with Electric. The extra storage shed also has 220v, and there is 1 RV Plug & Water under the Carport. This Friendly, Fun Community features include a Gorgeous Clubhouse, Infinity Pool overlooking Possum Kingdom Lake, Fitness center, Lakefront Cabin, Day Slips, Boat Ramp, and Dry Boat Storage. The Hills Above is also conveniently located only 15 minutes to the Small Charming town of Graham for Shopping and Dining and a Short Drive or Boat Ride to all the Best Dining, Amenities and Hiking Trails on PK Lake as well. This is great affordable option to own at Pk, and Enjoy the Best of PK Lakelife.

Investor Tools

$0Estimated Mortgage Balance
$402,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,574 /month
Positive
Cash Flow Estimate:
$858 /month

Interested in this property?

Maggie Burgess

Century 21 Mike Bowman, Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$630/month
$950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,544
$401,710
2025
$115,350
$286,360
$401,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,544
$401,710

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$402,000
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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