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$399,000

2437 Upper Burma Road, Possum Kingdom Lake, TX, 76449

Off MarketInfo
Baths0 Bath
Baths768 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size23,130 sqft

Building Information

Year Built2014

Land Information

APN184320000
Lot Number13
SubdivisionPk Lake 5-2-31 Area 1-16
Land UseResidential
Legal DescriptionPK LAKE 5-2-31 AREA 1-16 LOT 13 (FEE SIMPLE .431 AC & FERC .100 AC) G#P0500-00-01160-013-00-0
Census Tract000100
Assessed Land Value$550,150
Assessed Improvement Value$785,620
Assessment Year2025

About this property

Views for days! This amazing build site is a blank canvas for your dream Lake Home. Elevated waterfront lot will come with private boat dock with lift installed and ready to go. No second story required to enjoy the panoramic sunsets looking towards Possum Kingdom State Park on the opposite shoreline. This lot boasts multiple choices for your perfect home location. Retainer walls and stone walkway in place. Enjoy the RV and Hot tub that do convey until you build!

Investor Tools

Property Icon
$1,344,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,064 /month
Positive
Cash Flow Estimate:
$2,688 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,479/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,026
$1,335,770
2025
$550,150
$785,620
$1,335,770
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,026
$1,335,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Square Fcu
Purchase Money Mortgage
$2,100,000
No
First
May 21, 2025
May 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,063,019
N/A
0%
153%
$12,591/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.

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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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2437 Upper Burma Road | Property Details | No Agent List