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$595,000

4843 Pike Road, Possum Kingdom Lake, TX, 76450

$773,500 ARVInfo
On MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,157 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.47 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Must-SellARV FlipAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
AppliancesRefrigerator, Built-In Refrigerator, Gas Range, Microwave, Double Oven
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Grill, Private Yard
Lot Size32,365 sqft

Building Information

Year Built1940
Garage Spaces4

Land Information

APN191390300
Lot Number53-A-2
SubdivisionPk Lake 23-2-48 Area 6-L
Land UseResidential
Legal DescriptionPK LAKE 23-2-48 AREA 6-L LOT 53-A-2 (FEE SIMPLE .743 AC) G#P0500-00-060L0-053-0A-2
Census Tract000100
Assessed Land Value$194,190
Assessed Improvement Value$506,550
Assessment Year2025

About this property

CHARMING, FURNISHED, HISTORIC 3157 SQFT, 5BD, 3BA LAKEHOUSE on the WESTSIDE of PK WITH GUESTHOUSE, POOL, SCREENED IN PORCH, & 4 CAR GARAGE, on .74 acres, Perfect for Entertaining Friends and Family, with a Beautiful PK Lake View, from the Pool and the Upper View Deck. The house is surrounded by Mature Shade Trees and has a Big Grassy Yard for Yard Games as well. Inside the House features a Gourmet Kitchen with Stainless Appliances with a Commercial Refrigerator, Double Ovens, Granite Counters, and Wood Floors throughout the house, a Dining Room and Bar area with 2 Dining Room Tables for extra guests, a Sitting and Game Table Nook, a Primary Suite Bedroom & Bath, and 2 Large Guest Rooms with an additional Bath. a Spacious Vaulted Living Room with Rock Fireplace that has a patio Door that opens up to the Screened in Porch also with a Cozy Fireplace, and Pool, Outside Dining, Seating & BBQ Areas, to Relax and Recharge, and Savor the Serenity & Beauty of PK. Then above the 4 Car Garage, there is a Guesthouse with Full Living and Game Room area with a Pool Table, 2 more Guest Bedrooms and another Bath. The Prior Owners used it as a very popular Overnight Rental, so it is Ideal for that. The Lake House is also located close to 2 great Westside Restaurants, and the Breakers Marina is nearby to keep a Boat on the water, plus the House is is only a 15 minute drive to the Lovely Town of Graham for Amenities, Shopping and more Dining Options as well. This Wonderful Lakehouse offers an Amazing Affordable Way to be at PK, and Overnight Rent the House as an Investment or to Offset Expenses. Priced to Sell & Turn Key Ready to Enjoy the Best of PK LakeLife.

Investor Tools

$0Estimated Mortgage Balance
$700,740Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$773,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,204 /month
Positive
Cash Flow Estimate:
$1,401 /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
$1,147/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,256
$700,740
2025
$194,190
$506,550
$700,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,256
$700,740

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$700,740
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.

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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: Possum Kingdom Lake

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4843 Pike Road | Property Details | No Agent List