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$1,499,000

4468 Chapel Road, Possum Kingdom Lake, TX, 76450

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,830 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$391.38 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Disposal, Electric Range, Double Oven, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
FlooringTile

Exterior

Exterior FeaturesBalcony, Lighting, Private Yard, RV Hookup, Storage
Lot Size2.83 acres

Building Information

Garage Spaces1

Land Information

APN108691700
Lot Number8
SubdivisionChapel Hills Est
Land UseResidential-Single Family
Legal DescriptionCHAPEL HILLS EST LOT 8 (OUT OF AB 107) G#C0107-00-00010-008-00-0
Census Tract000100
Assessed Land Value$154,620
Assessed Improvement Value$740,600
Assessment Year2025

About this property

STUNNING 3830 SQFT, CUSTOM 2023 BUILD, HILLSIDE, PANORAMIC VIEW LAKEHOUSE & GUEST HOUSE with BREATHTAKING PK LAKE VIEWS.This One of a Kind, FURNISHED Open Concept Design, 5bd, 4ba Lakehome, combines Natural Beauty with Modern Luxury Comfort, and is the Perfect Place to Refresh and Recharge after a Great Day, with Family and Friends on the Lake. Located on the Scenic Westside of PK, just 20 minutes from the small Charming Town of Graham, this 3 Story Home Features striking Modern Architecture with Exposed Wood Beams, & Vaulted Ceilings with Gorgeous Big View Windows, Chef's Kitchen with Large Island Bar seating, Granite Counters, and a cozy Wood Burning Stove for cool lake nights, in the Dining and Living Rooms, all with Access to the Unparalleled, Big Lake View Balcony. There is a Guest Room on the Main Level and then Upstairs are the Primary Bedroom and 1 more Guest Room, with a Hillside 2nd Balcony, and the Lower Level has a Wonderful Bunk Room and Safe Room as well. Then outside, next to the Outdoor Living Area Balcony, there a Covered Silo with additional Outdoor Seating to further enjoy the Peace and Serenity of PK. Down below by the Entrance of the property, there is also a Separate 750 sq ft, 1bd, 1 loft & 1 ba Guest House with its own Garage and is Ideal for extra guests and Family. Both the Main house and Guest house are equipped with Backup Generators for peace of mind. This show stopping PK Lake Retreat has to be seen in person to truly appreciate the Spectacular Lake Views, & Sunrises, Sunsets & Starry Nights at PK. The Builder is Renowned on the Westside for his Fabulous Custom Builds, and this originally was his personal design Lakehome. This would be an Ideal VRBO Property to either Rent both Homes or just the Guest House. This is the Best of PK Lake Living, and Close to the Breakers Marina to keep a Boat Slip, and Dine & or Launch a Boat at Fox or Possum Hollow Restaurants just a short drive around the corner off FM 1148.

Investor Tools

$808,090Estimated Mortgage Balance
$404,910Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,994 /month
Positive
Cash Flow Estimate:
$2,998 /month

Interested in this property?

Maggie Burgess

Century 21 Mike Bowman, Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,110/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,260
$895,220
2025
$154,620
$740,600
$895,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,260
$895,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Commercial
$228,000
No
First
May 31, 2023
May 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$808,090
$404,910
33%
67%
$4,965/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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