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$562,000

209 Cocopa Drive, Lake Kiowa, TX, 76240

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,381 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Microwave, Refrigerator
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size12,676 sqft

Building Information

Year Built2020
Roof Type105
Garage Spaces2

Land Information

APN154919
Lot Number299R
SubdivisionLake Kiowa Map 9
Land UseResidential
Legal DescriptionLAKE KIOWA MAP 9; LOT 299R
Census Tract000701
Assessed Land Value$83,873
Assessed Improvement Value$438,488
Assessment Year2025

About this property

Feels Brand New! Construction in 2020 by J David Custom Homes. The floor plan is well designed with 3 beds, 2.5 bath and a garage with additional parking. This home has high end finishes with Luxury vinyl flooring, custom cabinets, Quartz countertops, and the convenience of technology with the Nest thermostat. The kitchen features stainless steel appliances and opens to the living area with a gas fireplace and a Bonus room off the living area that could be office or additional Dining room. This Lake house has a covered back patio is great for grilling and entertaining. This is a perfect home for enjoying all Lake Kiowa community has to offer!

Investor Tools

Property Icon
$562,000
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
$3,372 /month
Positive
Cash Flow Estimate:
$1,124 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$635/month
$311/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,812
$522,361
2025
$83,873
$438,488
$522,361
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,812
$522,361

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Va
$500,000
Yes
First
Dec 22, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$809,445
N/A
0%
144%
$5,008/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$5,319/mo
$-3,899/mo
3.0%

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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209 Cocopa Drive | Property Details | No Agent List