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$4,250,000

2449 Upper Burma Rd, Possum Kingdom Lake, TX, 76449

On MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,713 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$901.76 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 5Bathrooms 5
AppliancesBuilt-In Gas Range, Ice Maker, Double Oven, Warming Drawer
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size26,877 sqft

Building Information

Garage Spaces2

Land Information

APN184380000
Lot Number19
SubdivisionPk Lake
Land UseResidential
Legal DescriptionPK LAKE 5-2-31 AREA 1-16 LOT 19 (FEE SIMPLE .545 AC & FERC .072 AC) G#P0500-00-01160-019-00-0
Census Tract000100
Assessed Land Value$596,050
Assessed Improvement Value$1,881,440
Assessment Year2025

About this property

Designed around expansive lake views and effortless lake living, this custom waterfront home brings together clean modern finishes, generous indoor-outdoor space, and direct access to a deep-water dock. Oversized Marvin sliding doors frame the lake from the main living space and open to the covered lakeside living area, complete with a built-in outdoor kitchen. Positioned to take full advantage of dramatic sunsets, the main level is built for both quiet mornings and full-house entertaining. The kitchen is centered around a 10' x 6' porcelain island and opens naturally to the living and dining areas, giving the home an easy, comfortable flow. Tucked behind the main kitchen, the scullery adds valuable functionality with a secondary refrigerator, built-in microwave, custom cabinetry, and open shelving. A dedicated coffee bar adds convenience for slow mornings, while a glass-walled display nook tucked under the stairs adds a quiet, elegant touch. Upstairs, a spacious second living area serves as a private lounge-style retreat with a wet bar, beverage refrigerator, and access to a second-story covered patio overlooking the lake. The upper level also includes three bedrooms and a dedicated workout room, providing comfortable space for family and guests. Outside, stairs lead to a concrete walkway with direct access to the deep-water dock, keeping the walk from kitchen to boat short and easy. The home’s lake-facing design, elevated outdoor living, and dock access create the full Possum Kingdom waterfront experience. This is more than a house on the lake; it is a home built around the water, the sunsets, and the life that happens in between.

Investor Tools

$1,441,281Estimated Mortgage Balance
$3,008,719Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$26,700 /month
Positive
Cash Flow Estimate:
$8,900 /month

Interested in this property?

Merit Holstein

Possum Kingdom Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,548/month
$382/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$32,326
$2,477,490
2025
$596,050
$1,881,440
$2,477,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$32,326
$2,477,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$1,485,000
No
First
Oct 17, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,441,281
$3,008,719
67%
32%
$9,751/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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2449 Upper Burma Rd | Property Details | No Agent List