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$579,000

206 Modoc Trl, Lake Kiowa, TX, 76240

PendingInfo
Beds4 Beds
Baths4 Bath
Baths2,863 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.24 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Double Oven
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Private Entrance, Private Yard
Lot Size15,133 sqft

Building Information

Year Built2017
Roof Type105
Garage Spaces2

Land Information

APN152736
Lot Number897
SubdivisionLake Kiowa Map 8
Land UseResidential
Legal DescriptionLAKE KIOWA MAP 8; LOT 897
Census Tract000701
Assessed Land Value$100,633
Assessed Improvement Value$505,921
Assessment Year2025

About this property

Welcome to 206 Modoc Trail in Lake Kiowa, where quality craftsmanship and comfortable living come together in this beautifully designed home located inside one of North Texas’ premier private gated communities. Inside, you’ll find spacious open living areas filled with natural light and designed for both everyday living and entertaining. The private study with a wet bar creates the perfect space for work or relaxation, while the upstairs suite with a full bath offers flexibility as a game room, guest quarters, or second living area. Custom closets provide excellent storage, and covered porches offer a peaceful place to enjoy morning coffee or evening sunsets. The extended two-car garage with separate golf cart entry adds extra convenience and functionality. Living in Lake Kiowa means enjoying outstanding community amenities, including a championship 18-hole golf course, 9-hole par-3 course, driving range, chipping and putting areas, two private beaches, playgrounds, walking trails, sports courts, and a lakeside pavilion and lodge. With golf cart access throughout the community and a lifestyle centered around recreation and connection, this home offers much more than just a place to live.

Investor Tools

$0Estimated Mortgage Balance
$606,554Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,639 /month
Positive
Cash Flow Estimate:
$1,213 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$839/month
$380/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,037
$606,554
2025
$100,633
$505,921
$606,554
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$7,037
$606,554

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$606,554
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$380/mo
+$1,040/mo
2.8%

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.

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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: Lake Kiowa

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206 Modoc Trl | Property Details | No Agent List