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$831,000

NAL Estimated Property Value

1935 Deer Trail Road, Possum Kingdom Lake, TX, 76449

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,232 Sq Ft
price_per_sqft$729.71 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBoat Slip, Dock, Fire Pit, Private Yard, RV Hookup
Lot Size38,899 sqft

Building Information

Year Built1985

Land Information

APN182830000
Lot NumberE-16
SubdivisionPk Lake 3-1-94 Area 1-6
Land UseResidential
Legal DescriptionPK LAKE 3-1-94 AREA 1-6 LOT E-16 (FEE SIMPLE .833 AC & FERC .060 AC) DOCK #5912/Y G#P0500-00-01060-00E-16-0
Census Tract000100
Assessed Land Value$602,460
Assessed Improvement Value$71,610
Assessment Year2025

About this property

PRIME PK PENINSULA, FURNISHED WATERFRONT, 3BD, 2BA LAKEHOUSE with DOCK & SANDY BEACH. This Stunning, Big Grassy, Mature Oak Treed Lot offers Gorgeous Panoramic Lake Views, with plenty of room to Entertain on the Deck, under the Covered Carports adjacent to the house, and around the Fire Pit & Picnic Table Patio area under the Trees, and Enjoy the Huge Grassy Backyard to Play Yard Games, all with Easy Level Access to the Lake, with a Sandy Beach Entry. This Rare Gem of a Lakehouse has been loved by the same family for decades, but now is ready for its next Happy PK Lake family. This is a Prime Location on the Peninsula and close to all the Excellent Dining, Shopping, Amenities & Activities at PK, as well as the Hiking & Biking Trails up and down the Peninsula. It is also a Beautiful Scenic Boat Ride to the Famous Hell's Gate, and convenient to all the Restaurants on the lake accessible by water & car. The Spectacular Sunsets, Sunrises & Starry Nights at PK are Magnificent, and this is the perfect spot to just Relax and Recharge enjoying the Serenity of the Endless Beauty of this N. Tx Hill Country spot. The Lake Home Features a Wonderful Open Concept, Light and Bright, Design Floor Plan, with Cathedral Ceilings, and could easily be Updated or Enjoyed as is, or would be the Perfect Spot for your PK Dream Home. There are also 2 Storage Sheds, and 2 RV Hook Ups with Parking Space for RV's to accommodate extra guests and family.The Dock has a Single Boat Slip, and is an ideal spot to Fish and Swim. This is a Piece of PK Paradise you MUST SEE to appreciate it, with its Park Like feel, and friendly Deer resting amongst the trees. Overnight Rentals Allowed in this Location as well.

Investor Tools

Property Icon
$831,000
Estimated Property Value
$0Estimated Mortgage Balance
$831,000Estimated Equity
100% 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
$1,168/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,866
$674,070
2025
$602,460
$71,610
$674,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,866
$674,070

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$831,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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.

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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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1935 Deer Trail Road | Property Details | No Agent List