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$1,795,000

2161 Trail Ridge Road 2, Possum Kingdom Lake, TX, 76449

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,213 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$811.12 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Double Oven, Refrigerator
FlooringCarpet, Concrete, Hardwood, Tile

Exterior

Exterior FeaturesBalcony, Boat Slip, Dock, Storage
Lot Size24,394 sqft

Building Information

Year Built2011

Land Information

APN183500000
Lot Number31
SubdivisionPk Lake 5-2-31 Area 1-10
Land UseResidential
Legal DescriptionPK LAKE 5-2-31 AREA 1-10 LOT 31 DOCK #5830/Y#11707 G#P0500-00-01100-031-00-0
Census Tract000100
Assessed Land Value$771,890
Assessed Improvement Value$683,940
Assessment Year2025

About this property

Gated entry to a picturesque canopy of oaks that envelope this stunning home perched just off the water's edge. This sophisticated yet inviting lakefront property is adorned with luxurious designer detail and ensures utmost privacy. Inside the main level, you'll find a warm and inviting living area featuring a striking stone fireplace and custom cabinetry, with seamless access to a spacious lakeside balcony perfect for unwinding. The well-appointed eat-in kitchen offers bar seating and flows into a generous dining space. Upstairs, discover 3 bdrms, 2 guest rooms and a luxurious primary suite with en-suite bath and access to a serene balcony overlooking tranquil blue waters. The lower level of the home boasts a cozy den - game room, a versatile bunk room or 4th bdrm, a secure safe room or addt’l storage space, and opens up to a sizable covered lakeside patio. The property is beautifully lined with boulders and features a walkway leading to your 2 story dock with boat slip and PWC slip

Investor Tools

Property Icon
$1,455,830
Estimated Property Value
$0Estimated Mortgage Balance
$127,738Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,770 /month
Positive
Cash Flow Estimate:
$3,590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,382/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,308
$1,455,830
2025
$771,890
$683,940
$1,455,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,308
$1,455,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$1,356,000
No
First
May 3, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,328,092
$127,738
8%
91%
$9,132/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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2161 Trail Ridge Road 2 | Property Details | No Agent List