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$585,000

236 Colt Dr, Lake Kiowa, TX, 76240

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,668 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.55 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave
FlooringCeramic Tile, Wood

Exterior

Lot Size16,148 sqft

Building Information

Year Built2018
Roof Type105
Garage Spaces2

Land Information

APN3598
Lot Number619
SubdivisionLake Kiowa Map 10
Land UseResidential
Legal DescriptionLAKE KIOWA MAP 10; LOT 619
Census Tract000701
Assessed Land Value$89,179
Assessed Improvement Value$469,956
Assessment Year2025

About this property

This stunning custom home is loaded with extras. Features a huge open-concept living area that opens to a gorgeous flagstone cover porch with wood cathedral ceiling.Separate dining area flanking a fabulous kitchen with island, quartz countertops and solid pecan cabinetry. The large walk-in pantry has a solid Pecan 100+ bottle wine rack. Hardwood floors throughout.Master Suite features “his & her” vanities, extra deep soaking tub, separate shower and enormous closet.Hall bath with double sinks, separate tub&shower and water closet area. Laundry room has sink and room for additional fridge or freezer, Mud area has built-in bench and shelving. Oversized garage with 8’ tall door. LED lighting and Foam insulation.

Investor Tools

Property Icon
$585,000
Estimated Property Value
$0Estimated Mortgage Balance
$585,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,510 /month
Positive
Cash Flow Estimate:
$1,170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$593/month
$273/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,191
$543,947
2025
$89,179
$469,956
$559,135
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,191
$543,947

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$585,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,753/mo
$273/mo
+$1,480/mo
3.6%

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.

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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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236 Colt Dr | Property Details | No Agent List