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$1,063,340

3245 Wren Rd, Possum Kingdom Lake, TX, 76449

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,296 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,040.93 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
FlooringVinyl

Exterior

Exterior FeaturesDock
Lot Size1.35 acres

Building Information

Year Built1964

Land Information

APN186290000
Lot Number25,26
SubdivisionPk Lake 3-1-94 Area 1-28
Land UseResidential
Legal DescriptionPK LAKE 3-1-94 AREA 1-28 LOTS 25 & 26 (FEE SIMPLE 1.237 AC & FERC .11 AC) G#P0500-00-01280-025-00-0
Census Tract000100
Assessed Land Value$887,580
Assessed Improvement Value$175,760
Assessment Year2025

About this property

Rare opportunity to acquire South side Peninsula Property on Beautiful Possum Kingdom Lake. This sprawling 1.3 acres offers ample opportunity to set your sites on building your lakeside estate amongst the many oaks and natural boulders overlooking the crystal blue waters or enjoy the quintessential lake cabin already in place. This tastefully updated two bedroom cabin offers tons of natural light. Very well appointed, open living and kitchen with large windows, bring the outdoors in. Two comfortably outfitted bedrooms offer cozy space for guests. Large deck for taking in the gorgeous lake views. Nestled in the lower part of the property, you'll find the freshly remodeled 1 bedroom, 1 bath guest bungalow just above the waters edge. Enjoy the nicely shaded private patio with plenty of room to lounge. Deep water covered boat dock for fishing, tying up your boat or other watercraft, or simply enjoying the view from your lounge chair. Ready to Enjoy! BACK ON MARKET NO FAULT OF PROPERTY!

Investor Tools

Property Icon
$1,063,340
Estimated Property Value
$0Estimated Mortgage Balance
$1,063,340Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,094 /month
Positive
Cash Flow Estimate:
$2,698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,537/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,122
$1,063,340
2025
$887,580
$175,760
$1,063,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,122
$1,063,340

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,063,340
100%
0%
$0/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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3245 Wren Rd | Property Details | No Agent List