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$1,699,000

5505 Lakeshore Dr, Possum Kingdom Lake, TX, 76450

On MarketInfo
Baths2,592 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$655.48 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

AppliancesIce Maker
FlooringConcrete

Exterior

Exterior FeaturesBoat Slip, Dock
Lot Size2.69 acres

Building Information

Garage Spaces4

Land Information

APN224687325
Lot Number13
SubdivisionThe Pointe At Possum Kingdom
Land UseResidential Single Family
Legal DescriptionTHE POINTE AT POSSUM KINGDOM LOT 13-R G#T0190-00-00000-013-R0-0
Census Tract000100
Assessed Land Value$1,007,140
Assessed Improvement Value$455,010
Assessment Year2025

About this property

PRIME PK LAKE ESTATE, BUILD LOT with 2.6 ACRES, & ENDLESS POSSIBILITIES with 1000' of SHORELINE, INSULATED 2592 SqFt BARNDO SHOP, DOUBLE LEVEL, 1840 SqFt NEW DOCK, with 2 Boat Slips, 2 Jets Ski EZ Ports, Storage Closet with fresh water Ice Maker, and Lifted Cradle Storage for Water Toys, & 2nd Level has Panoramic Lake Views, plus there is a Concrete Retaining Wall at the shoreline, and Multiple Big View Build Sites for the Main Lake House and BIG extra Acreage for Guest Cabins, Pool, Sports Courts or whatever your PK Dream Family Compound requires. The Barndo features 2 Large Glass Garage Doors, for great Light and Bright Entertaining Space, as well as Boat Storage Space and has a Large Covered Lighted Canopy in Front, and an RV Size Carport on the end with access to Power and Septic. BE SURE to Check out the Lot Survey in the Photos to see how much Waterfront there is to Build on, with Amazing Elevated Lake Views, as well as pics of the Mature Oak and Cedar Trees throughout the different areas of the property. This is a RARE GEM of a Lake Property that Must Be Seen to be appreciated. Overnight Rentals are allowed. There are 2 great Westside Restaurants nearby by Boat or Car. Fox Hollow and Possum Hollow, and the small Charming Town of Graham is only a 20min drive away for Amenities, Markets and Dining, plus local mercantile shops are only 10mis away. Then the Famous Hell's Gate is a Gorgeous Boat cruise around to the other side of the Lake to watch the Spectacular Sunsets of PK, and then you can stop and dine on the way back at everyone's Favorite Lake Restaurant on the Peninsula, Hemingway's.

Investor Tools

$0Estimated Mortgage Balance
$1,781,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,686 /month
Positive
Cash Flow Estimate:
$3,562 /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
$1,877/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,623
$1,462,150
2025
$1,007,140
$455,010
$1,462,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,623
$1,462,150

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,749,000
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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