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$1,948,370

NAL Estimated Property Value

309 S King Lake, Scroggins, TX, 75480

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,850 Sq Ft
price_per_sqft$140.54 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Range, Refrigerator, Electric Water Heater
FlooringLaminate

Exterior

Lot Size32,975 sqft

Building Information

Year Built1995
Garage Spaces2

Land Information

APN02203-00036-00123-000000
Lot Number123
SubdivisionKings Country
Land UseResidential
Legal DescriptionAB 452 A STARNS LT 123 BLK 36 SEC 4 KINGS CO LEASEHOLD STRUCTURAL ELEVATION ; 386.916
Census Tract950101
Assessed Land Value$558,760
Assessed Improvement Value$1,389,610
Assessment Year2025

About this property

Nicely remodeled interior home in Kings Country at beautiful Lake Cypress Springs. The house is located on 0.720 acres with towering mature shade trees. Lots of space for kids to play. Sit around the fire pit and tell tall tales and make s'mores. A great property for a full-time resident or a weekender who needs to escape to lake living. The home was updated in 2013 with upgrades to the kitchen and bathrooms. Stainless steel appliances, granite countertops with travertine and marble in the bathrooms. Recent updates consists of new laminate floors, interior and exterior paint. NEW ROOF 4-7-22! Kitchen has large pantry and abundant cabinetry. Spacious living area with WBFP. Nice primary suite with spa-like bath.

Investor Tools

Property Icon
$1,948,370
Estimated Property Value
$492,976Estimated Mortgage Balance
$1,455,394Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,690 /month
Positive
Cash Flow Estimate:
$3,897 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,896/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$25,011
$1,948,370
2025
$558,760
$1,389,610
$1,948,370
No

Tax History

Year
Tax Paid
Assessed Value
2025
$25,011
$1,948,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$548,250
No
First
Feb 5, 2021
Mar 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$492,976
$1,455,394
74%
25%
$3,288/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: Scroggins

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309 S King Lake | Property Details | No Agent List