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$1,434,000

NAL Estimated Property Value

2431 Upper Burma Rd, Possum Kingdom Lake, TX, 76449

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,667 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$644.54 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Cooktop, Gas Range, Ice Maker, Microwave, Refrigerator, Water Softener
FlooringVinyl

Exterior

Exterior FeaturesBoat Slip, Built-in Barbecue, Dock, Fire Pit, Gas Grill, Rain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen, Private Entrance
Lot Size43,299 sqft

Building Information

Year Built1993
Garage Spaces1

Land Information

APN184300000
Lot Number10
SubdivisionPk Lake 5-2-31 Area 1-16
Land UseResidential
Legal DescriptionPK LAKE 5-2-31 AREA 1-16 LOT 10 (FEE SIMPLE .849 AC & FERC .145 AC) DOCK #9107/N G#P0500-00-01160-010-00-0
Census Tract000100
Assessed Land Value$797,220
Assessed Improvement Value$442,040
Assessment Year2025

About this property

BREATHTAKING PANORAMIC PK LAKE VIEWS from this PRIME PENINSULA LOCATION, CUSTOM WATERFRONT, DEEP WATER DOCK, FURNISHED LAKEHOME on Possum Kingdom Lake. This Newly Remodeled 2667sqft, 4Bd, 3Ba Home Features a new Roof, all new Flooring, Cabinets throughout with Granite Countertops, Updated Kitchen, Appliances and Baths, Wood Ceilings, Custom TileWork, Covered Decks along the entire Lakeside to capture the most Spectacular Sunsets imaginable, a Screened in Porch, and 2 Custom Outdoor Bars, one down on the Dock, and a Chef's dream Outdoor Kitchen with Gas Grill, Flat Grill and Green Egg. All this designed for the Perfect Lake Entertaining Retreat, with nothing but Windows and Water Views when you walk through the door. This Open Concept Design built for maximum views is what Lake Life is all about, and the Primary Bedroom and Bath have some of the most Stunning Views in the House. It is an easy walk down to the Dock, where you're first stop is the On the Water Bar for a cool drink, and then head to the Dock with a Boat Slip and Wakeboard Boat Lift, and 5 Jet Ski Ports. All this is centrally located to the Hiking & Biking Trails on the Peninsula as well as Shopping & Dining at the on the water Restaurants, and a Scenic Boat Ride to Famous Hell's Gate, and also right across the lake to the Westside for on the water great Dining there as well. This is PK Paradise at its BEST, nestled in the Beautiful, Serene N Tx Hill Country, and is the Ultimate PK Lake Escape on the Broadway Section of the Lake with Amazing Fishing, Watersports, Hiking, Biking and enjoying the native Wildlife. This property has also been a successful VRBO rental years ago, and had excellent reviews.

Investor Tools

Property Icon
$1,434,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,434,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,314 /month
Positive
Cash Flow Estimate:
$3,438 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,708/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,328
$1,239,260
2025
$797,220
$442,040
$1,239,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,328
$1,239,260

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,434,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Possum Kingdom Lake

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2431 Upper Burma Rd | Property Details | No Agent List