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$856,000

1901 Poston Drive, Possum Kingdom Lake, TX, 76449

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,046 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$243.89 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Refrigerator
FlooringCarpet, Vinyl

Exterior

Lot Size27,138 sqft

Building Information

Year Built1999
Garage Spaces2

Land Information

APN182980000
Lot NumberE-32
SubdivisionPk Lake 3-1-94 Area 1-6
Land UseResidential
Legal DescriptionPK LAKE 3-1-94 AREA 1-6 LOT E-32-B (NTA0927897/98) G#P0500-00-01060-00E-32-0 DOCK#9105 MPHMAKE: HBOS MANUFACTURING LP MPHMODE
Census Tract000100
Assessed Land Value$444,520
Assessed Improvement Value$243,820
Assessment Year2025

About this property

Great Peninsula Locale convenient to Restaurants, Public Boat Ramp and Convenience Stores! This fully furnished lakefront property sits on just over an acre with large play yard just off the waters edge. Open Living Kitchen area with lots of natural light, large master suite with sitting area, 2 fully outfitted guest rooms. Oversized lakeside deck with bar for entertaining guests in private setting. New Roof, New AC, Fresh Paint. Hurry this won't last long! Pier. Photography coming soon!

Investor Tools

Property Icon
$856,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,136 /month
Positive
Cash Flow Estimate:
$1,712 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$357/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$688,340
2025
$444,520
$243,820
$688,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$688,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jackson Flagstar Centre Office
Credit Line (Revolving) / Heloc
$180,000
No
First
Jun 3, 2024
Jul 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$871,497
N/A
0%
102%
$5,738/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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