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$1,749,000

2137 Trail Ridge Road 2, Possum Kingdom Lake, TX, 76449

$1,811,689 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,614 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$669.09 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBoat Slip, Dock
Lot Size19,210 sqft

Building Information

Year Built1990

Land Information

APN183390000
Lot Number19
SubdivisionPk Lake 5-2-31 Area 1-10
Land UseResidential
Legal DescriptionPK LAKE 5-2-31 AREA 1-10 LOT 19 (FEE SIMPLE .360 AC & FERC .081 AC) DOCK#5667/Y G#P0500-00-01100-019-00-0
Census Tract000100
Assessed Land Value$657,840
Assessed Improvement Value$949,220
Assessment Year2025

About this property

Tree lined drive to this Spectacular investment property or personal lake retreat in one of the most highly sought after Peninsula locales. This Lakefront Charmer boasts Cozy and comfortable design with tons of natural light. The Primary suite and guest rooms are located on the main level. Open concept living, kitchen and dining on the lower level with soaring beamed ceilings. The Two-story windows showcase panoramic views bringing the Outdoors In. Plenty of outdoor lounging and entertaining spaces amidst mature oaks. You can offer guests the private bungalow near the waters edge. Easy walk to Dock featuring single slip, double PWC lift as well as full upper deck for lounging or sunbathing. Low Maintenance Landscape with Sprinkler system. This property is perfect for vacation rental, full time living or a weekend escape. Some furnishings may be negotiable.

Investor Tools

Property Icon
$1,607,060
Estimated Property Value
$0Estimated Mortgage Balance
$1,517,588Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,811,689
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,494 /month
Positive
Cash Flow Estimate:
$3,498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,630/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,521
$1,607,060
2025
$657,840
$949,220
$1,607,060
No

Tax History

Year
Tax Paid
Assessed Value
2024
$23,521
$1,607,060

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
N/A
$70,754
N/A
First
Dec 22, 2010
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$89,472
$1,517,588
94%
6%
$0/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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2137 Trail Ridge Road 2 | Property Details | No Agent List