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$617,000

NAL Estimated Property Value

5301 Pair St, Kingsland, TX, 78639

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,556 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$384.96 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Free-Standing Electric Range, Electric Water Heater
FlooringCarpet, Linoleum, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBoat Slip

Building Information

Year Built1968
Stories1
Roof Type115
Garage Spaces2

Land Information

APN27656
Lot Number65,66
SubdivisionLakewood Forest Unit Iii
Land UseSingle Family Residence
Legal DescriptionLAKEWOOD FOREST UNIT 3 LTS 65 & 66
Census Tract970501
Assessed Land Value$464,980
Assessed Improvement Value$108,480
Assessment Year2025

About this property

Absolutely charming 3/2.5 home on Lake LBJ in the beautiful subdivision of Lakewood Forest III! This home has great curb appeal and sits on two large lots! The house has a spacious and open floor plan that includes dual master bedrooms, a large living area for entertaining and a sun room that can be used for extra sleeping space and enjoying the views of the back yard and lake! The gently sloping back yard is the real show stopper with gorgeous mature trees, great grass, a nice sized covered patio with a storage room attached as well as a workshop/storage building, all overlooking the Lake LBJ waterfront with a single slip boat dock. This house is located in a clean channel easily navigable for boats & jet ski and is very close to open water! Lakewood Forest III is a quiet and well established neighborhood made up of vacation homes and primary residences that has a lovely homeowner park with Lake LBJ access and a boat ramp. Short term rentals are ALLOWED in this subdivision so this would also make an excellent investment property! If you are looking for the perfect lake retreat, or a great waterfront home as your primary residence, don't miss this adorable house!

Investor Tools

Property Icon
$617,000
Estimated Property Value
$382,304Estimated Mortgage Balance
$234,696Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,702 /month
Positive
Cash Flow Estimate:
$1,234 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$458/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,409
$573,460
2025
$464,980
$108,480
$573,460
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,409
$573,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$392,000
No
First
Oct 5, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$382,304
$263,696
40%
62%
$2,774/mo

Learn About the Market: Opportunity in Texas

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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: Kingsland

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5301 Pair St | Property Details | No Agent List