Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$975,000

NAL Estimated Property Value

420 Kiowa Drive W, Lake Kiowa, TX, 76240

$1,267,500 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,234 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.3 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Double Oven
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Fire Pit, Rain Gutters, Lighting
Lot Size35,275 sqft

Building Information

Year Built1968
Roof Type105
Garage Spaces3

Land Information

APN325665
Lot Number317,392
SubdivisionLake Kiowa Map 9
Land UseReal Residential Single/Family
Legal DescriptionLAKE KIOWA MAP 9; LOT 317 & 392; ACRES .8098
Census Tract000701
Assessed Land Value$138,294
Assessed Improvement Value$612,042
Assessment Year2025

About this property

Wow! This property is truly one of a kind! Over an acre with lake views and convenient to the main entry gate. This home is spacious and cozy at the same time! Downstairs is an open living and dining area with lake views and access to the back porch and pool area. The kitchen features granite countertops and lots of cabinet and storage space. The office has extensive custom built ins. The first floor master has a fireplace, room for a sitting area, and doors that lead to the backyard. The master bath has recently been renovated and features double sinks, soaking tub, and beautiful tile work. Upstairs has a second master suite, two more bedrooms, a large balcony, TWO walk in cedar closets, and a huge flex space that could be a game room, media room, bunk room, or whatever your heart desires. Abundant storage located throughout the home. The backyard has an in-ground pool, firepit, and large covered porch that will make entertaining this summer so much fun! Come see it today!

Investor Tools

Property Icon
$975,000
Estimated Property Value
$237,224Estimated Mortgage Balance
$737,776Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,267,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,850 /month
Positive
Cash Flow Estimate:
$1,950 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,196/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,480
$750,336
2025
$138,294
$612,042
$750,336
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$9,480
$750,336

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Michael E Erwin And Donna Erwin
Unknown
$239,310
No
First
Nov 4, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,224
$737,776
75%
24%
$1,435/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,735/mo
$-315/mo
1.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Lake Kiowa

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

420 Kiowa Drive W | Property Details | No Agent List