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$2,795,000

939 Kiowa Drive W, Lake Kiowa, TX, 76240

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,855 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$575.7 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesAwning(s), Balcony, Boat Slip, Rain Gutters, Outdoor Grill, Outdoor Kitchen, Private Yard
Lot Size24,742 sqft

Building Information

Year Built2008
Roof Type105
Garage Spaces4

Land Information

APN77375
Lot Number717
SubdivisionLake Kiowa Map 8
Land UseResidential
Legal DescriptionLAKE KIOWA MAP 8; LOT 717
Census Tract000701
Assessed Land Value$801,471
Assessed Improvement Value$1,587,794
Assessment Year2025

About this property

As you drive up you automatically feel at peace with all the trees that surround you. Open floor plan greets you with a wall of windows view of the lake. The family room wraps around a floor to ceiling stone gas log fireplace & hardwood floors. The open kitchen features custom cabinetry, an extended breakfast bar with stone accents, granite counters, Advantium microwave convection oven, 2nd oven, ice machine & wine fridge. Master suite features a living area, separate granite top vanities, grand walkin closet, 12ft ceilings, glass shower & a hidden door for easy laundry access. Gameroom has room for pool & game tables, media seating & bunks. Laundry room features room for a fridge, granite counters, cabinets & a sink.Your backyard oasis luxuries includes an outdoor dining, kitchen & living area with stone fireplace, built in LNYX infrared grill, fridge & floor to ceiling remote control screens. Custom boat dock with boardwalk, top deck, 2 jet ski lift & boat lift with motorized cover.

Investor Tools

Property Icon
$2,389,265
Estimated Property Value
$0Estimated Mortgage Balance
$2,389,265Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,770 /month
Positive
Cash Flow Estimate:
$5,590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,484/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$29,860
$2,389,265
2025
$801,471
$1,587,794
$2,389,265
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$29,860
$2,389,265

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,389,265
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,753/mo
$300/mo
+$1,453/mo
0.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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