$483,000
NAL Estimated Property Value209 Colt Drive, Lake Kiowa, TX, 76240
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesElectric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood
Exterior
Lot Size16,074 sqft
Building Information
Year Built2018
Roof Type105
Garage Spaces2
Land Information
APN159912
Lot Number601R
SubdivisionLake Kiowa
Land UseResidential
Legal DescriptionLAKE KIOWA; LOT 601R
Census Tract000701
Assessed Land Value$88,943
Assessed Improvement Value$361,883
Assessment Year2025
About this property
New custom home on wooded lot. Covered patio to set out on and enjoy nice views of the trees. Subject offers a side golf cart garage. Inside you have an open concept living room, kitchen and dining room with a large island. Split bedrooms with the master located on the back of the house with large windows. Master has dual sinks separate shower, garden tub and large walk in closet. Home has a large utility room and a large walk in pantry for lots of storage. Yard has been sodded home is move in ready. Don't miss this one!
Investor Tools
$483,000
Estimated Property Value
$252,263Estimated Mortgage Balance
$230,737Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,898 /month
Positive
Cash Flow Estimate:
$966 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$466/month
$266/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,183
$431,283
2025
$88,943
$361,883
$450,826
Yes (2024)
Tax History
Year
Tax Paid
Assessed Value
2024
$3,183
$431,283
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexbank Ssb
Conventional
$277,298
No
First
Aug 23, 2021
Sep 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,263
$230,737
47%
52%
$1,663/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,929/mo
$-509/mo
3.5%
