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$1,389,000

404 Riverside Dr, Kingsland, TX, 78639

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,532 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$750 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3.5Bathrooms 3.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Free-Standing Refrigerator, Washer/Dryer
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesDock, Balcony

Building Information

Year Built1975
Roof Type112
Garage Spaces1

Land Information

APN27066
Lot Number23
SubdivisionLakewood Forest Unit Iii
Land UseResidential
Legal DescriptionLAKEWOOD FOREST UNIT 3 LT 23
Census Tract970501
Assessed Land Value$874,130
Assessed Improvement Value$448,240
Assessment Year2025

About this property

Beautifully renovated, from the ground up! 4 bedroom, 3 full baths plus downstairs flex room with half bath on prime Colorado River frontage on Lake LBJ! Gorgeous finishes selected here including a well-equipped, gourmet kitchen, wide open, with access to living and dining room for a cozy Lake House feel. Tongue and groove ceilings, wide-plank hardwood floors, and a luxurious appliance package add to the ambiance and create a inviting waterfront escape you will want to share with everyone! (and you will have the room to do so) Master bedroom has sliding glass door with big views of the lake and private, en-suite bathroom. 3 additional bedrooms, including a bunkroom with sleeping loft, share two full bathrooms all on the main level with minimal steps. Pllenty of room here for family and friends. The lower level is made up of a spacious basement, currently used as a secondary living room with half bath; a great place to relax, out of the sun, after a long day on the lake. Steel-constructed boat dock sized for most any boat plus a partially covered rooftop deck with rope swing for some extra fun in the sun! Deep waterfrontage on the Upper Colorado River provides the ideal spot to surf and board without all the traffic found closer to the bridge. This total package can be purchased fully furnished, with a few exclusions, for a very turn-key, move-in ready experience. This home has short-term rental potential for those looking for some cash flow at the lake. Great homes, that are ready to go, so that you don't have to lift a finger, on good water, are hard to come by. Here is your opportunity to start realizing your dreams at the lake. Come see what the HYPE is all about! This one is GOOD

Investor Tools

Property Icon
$1,389,000
Estimated Property Value
$1,375,000Estimated Mortgage Balance
$82,987Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,394 /month
Positive
Cash Flow Estimate:
$3,798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,042/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,555
$1,322,370
2025
$874,130
$448,240
$1,322,370
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,555
$1,322,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Keystone Bank Na
Conventional
$1,375,000
No
First
Aug 30, 2023
Sep 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,310,414
$11,956
0%
94%
$8,244/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: Kingsland

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404 Riverside Dr | Property Details | No Agent List