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$383,203

NAL Estimated Property Value

623 Kiowa Dr E, Lake Kiowa, TX, 76240

$392,642 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,045 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.26 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size15,743 sqft

Building Information

Year Built1995
Roof Type105
Garage Spaces2

Land Information

APN20800
Lot Number484
SubdivisionLake Kiowa Map 4
Land UseResidential
Legal DescriptionLAKE KIOWA MAP 4; LOT 484
Census Tract000701
Assessed Land Value$97,538
Assessed Improvement Value$285,665
Assessment Year2025

About this property

Opportunities are endless with this serene cottage on the corner of Kiowa Dr E and Colt. Home boasts a lake house charm with vaulted ceilings, 3 bedrooms, 2 bathrooms, a renovated basement room and a 2 car garage. The home is surrounded by mature trees and blends nature and privacy effortlessly. Property is located minutes from the east gate, as well as the east beach, sports courts and playground. Property also includes a boat slip located at marina near dam and spillway that can continue being rented monthly by purchaser.

Investor Tools

Property Icon
$383,203
Estimated Property Value
$90,179Estimated Mortgage Balance
$293,024Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$392,642
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$578/month
$330/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,016
$383,203
2025
$97,538
$285,665
$383,203
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,016
$383,203

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Energy One Fcu
Conventional
$24,750
No
First
Mar 23, 2012
Apr 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$90,179
$293,024
76%
24%
$599/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$929/mo
+$491/mo
4.4%

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: Lake Kiowa

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623 Kiowa Dr E | Property Details | No Agent List