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$1,732,000

NAL Estimated Property Value

5439 Fm 1148, Possum Kingdom Lake, TX, 76450

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,458 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$650.53 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 2Bathrooms Half 2
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Ice Maker, Microwave, Convection Oven, Tankless Water Heater, Vented Exhaust Fan, Water Softener
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBoat Slip, Dock, Gas Grill, Lighting, Outdoor Grill, Outdoor Kitchen, Private Yard
Lot Size19,863 sqft

Building Information

Year Built1970

Land Information

APN192490000
Lot Number7S
SubdivisionPk Lake 29-1-72 Area 6-Q
Land UseResidential
Legal DescriptionPK LAKE 29-1-72 AREA 6-Q LOT 7S (FEE SIMPLE .361 AC & FERC .095 AC) G#P0500-00-060Q0-007-0S-0 DOCK #10979/Y
Census Tract000100
Assessed Land Value$496,580
Assessed Improvement Value$827,380
Assessment Year2025

About this property

OWNER HAS MOVED SOUTH & NOW OFFERING this PERFECT, 2023 BUILD, FURNISHED, PK LAKE RETREAT PROPERTY, with HEATED POOL & SPA, & DEEP WATER, DOUBLE LEVEL DOCK on the Westside of PK Lake, with OWNER FINANCING AVAILABLE. Custom Designed for Lake Relaxation and Water Fun, in the Gunite Lakeside Pool & Spa with Custom Bar Seating in the water, next to the Outdoor Kitchen and Living Center, and All with Breathtaking Panoramic Views of PK Lake. The 2458 sqft Lakehouse features a Light and Bright Main House with Open Floor Plan, Custom Warm Woods throughout, & Knotty Pine Cabinets, Leather Granite Countertops, Superior Stainless Appliances & Cafe Ovens, Large Eat In Kitchen Island Bar, Sonos Sound System, and Floor to Ceiling Windows to Highlight the Views. The Primary Bedroom Suite on the 2nd Floor features the same Gorgeous Lake Views from both the Bedroom and the Trex Balcony Deck, a Custom Tiled Bathroom, with Stone Sink Vanities and a Large Walk In Closet. Connected to the Main House are 2 more Bedrooms and a Dual Sink Bath & Shower all designed to Max out the Amazing Views and have Easy Access to the Covered Patio, Pool and Dock. The House also has a Generac 26KW Generator. Then on the Double Level Boat Dock there is a Single Boat Slip with Hydro Hoist Boat Lift and Electric Boat Cover & 2 Jet Ski EZ Ports. This is the Lake House of your Dreams designed to Relax and Recharge, and Enjoy the Spectacular Sunrises and Sunsets from the Lakehouse, Patio, Pool and the Dock. Its an easy Drive or Boat ride to 2 Westside Restaurants on the water, and a Beautiful Boat Ride to Restaurants on the Peninsula at PK across the bay, and a Stunning Boat Ride to the Famous Hell's Gate as well. Its also a short 20min drive to the Small Charming Town of Graham for Dining, Shopping, Supplies and Amenities. This could be your Piece of Paradise at PK, and would also make for an Excellent VRBO Rental with NO Hoa and No Restrictions.

Investor Tools

Property Icon
$1,732,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,732,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,392 /month
Positive
Cash Flow Estimate:
$3,464 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,963/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,896
$1,323,960
2025
$496,580
$827,380
$1,323,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,896
$1,323,960

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,732,000
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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5439 Fm 1148 | Property Details | No Agent List