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$499,000

2329 Upham Road, Possum Kingdom Lake, TX, 76449

$583,185 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,848 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$270.02 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Range, Refrigerator
FlooringCarpet, Laminate

Exterior

Exterior FeaturesStorage
Lot Size24,742 sqft

Building Information

Year Built1987

Land Information

APN184100000
Lot NumberB
SubdivisionPk Lake
Land UseResidential
Legal DescriptionPK LAKE 5-2-31 AREA 1-13 LOT B (FEE SIMPLE .505 AC & FERC .063 AC) --TXS0584970/1-- #9442/Y 2 G#P0500-00-01130-00B-00-0 MPHMA
Census Tract000100
Assessed Land Value$779,550
Assessed Improvement Value$120,450
Assessment Year2025

About this property

Location, Location! The Peninsula, one of the most desireable areas of Possum Kingdom Lake! Spectacular views from this home situated on one of the widest parts of PK. This Bountiful lot offers panoramic views sweeping accross to PK's beautiful, undisturbed State Park. The lot is flat sandy loam with a large fenced playyard for kids or pets. Gentle stroll to sandy beach shoreline offers ease of access. Rock retaining wall to covered boat dock, decked with IPE hardwood. Dock offers lift and slip as well as a combination double jet ski lift. Swim platform also decked with IPE wood. The home is spacious with 2 living areas, 3 bedrooms, 3 baths, utility room, dining area, eat in kitchen. What are you waiting for!

Investor Tools

Property Icon
$900,000
Estimated Property Value
$0Estimated Mortgage Balance
$232,154Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$583,185
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,400 /month
Positive
Cash Flow Estimate:
$1,800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,573/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,379
$900,000
2025
$779,550
$120,450
$900,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,379
$900,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
All Western Mortgage Inc
Stand Alone Second / Subordinate Position
$175,000
No
First
May 31, 2023
Jun 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$667,846
$232,154
25%
74%
$4,081/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2329 Upham Road | Property Details | No Agent List