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$876,552

NAL Estimated Property Value

605 Kiowa Drive W, Lake Kiowa, TX, 76240

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$383.33 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Tankless Water Heater, Vented Exhaust Fan
FlooringWood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Entrance, Private Yard
Lot Size21,841 sqft

Building Information

Year Built2023
Roof Type105
Garage Spaces3

Land Information

APN74026
Lot Number632
SubdivisionLake Kiowa Map 8
Land UseResidential
Legal DescriptionLAKE KIOWA MAP 8; LOT 632
Census Tract000701
Assessed Land Value$253,715
Assessed Improvement Value$622,837
Assessment Year2025

About this property

Welcome to this stunning, newly constructed home completed in 2023, blending modern elegance with functionality. With beautiful lake views, this property boasts an airy and spacious open concept design. Upon entering, you are greeted by the expansive living area with Quadra-Fire Pioneer II Wood Burning Fireplace, ample natural light, dry bar, seamless flow into dining room and gourmet kitchen. Kitchen features Taj Mahal quartzite countertops, top-of-the-line appliances, and a reverse osmosis filtering system. The first floor hosts a luxurious primary bedroom suite complete with spa bath and marble tile floors, a second primary suite, and two separate offices with built ins, making working from home or indulging in hobbies a breeze. Upstairs, a spacious third bedroom is adaptable to suit your lifestyle needs. Covered patio offers unobstructed views of lake and immaculate landscaping completes the home. Don't miss the opportunity to experience the best in modern living on the lake.

Investor Tools

Property Icon
$876,552
Estimated Property Value
$0Estimated Mortgage Balance
$876,552Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,900 /month
Positive
Cash Flow Estimate:
$2,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,160/month
$320/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,533
$876,552
2025
$253,715
$622,837
$876,552
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$9,533
$876,552

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$876,552
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$320/mo
+$1,100/mo
1.9%

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: Lake Kiowa

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605 Kiowa Drive W | Property Details | No Agent List