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$1,500,000

1011 Kiowa Dr W, Lake Kiowa, TX, 76240

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,851 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$526.13 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesBoat Slip, Private Yard, Rain Gutters
Lot Size21,706 sqft

Building Information

Year Built1976
Roof Type105
Garage Spaces2

Land Information

APN18401
Lot Number723
SubdivisionLake Kiowa Map 8
Land UseResidential
Legal DescriptionLAKE KIOWA MAP 8; LOT 723
Census Tract000701
Assessed Land Value$690,079
Assessed Improvement Value$523,611
Assessment Year2025

About this property

Lakefront living takes on a new rhythm in this beautifully appointed home within the private, gated community of Lake Kiowa. Designed for effortless everyday living and memorable weekends with family and friends, the open-concept floor plan offers an inviting balance of refined comfort and generous gathering spaces. Each bedroom is paired with its own bathroom, creating a level of privacy and convenience that is ideal for both family and guests. The heart of the home is designed for connection, with spacious living and dining areas that flow naturally into the kitchen and create an easy setting for everything from quiet mornings to lively gatherings. A flexible office space adds versatility for work, hobbies, or a dedicated study, while ample common areas give everyone room to spread out without losing the sense of being together. Beyond the main living spaces, the home embraces its exceptional setting. The screened porch and expansive back deck face east, capturing beautiful morning sunrises and sweeping views across the lake. It is the kind of outdoor space that invites a slow cup of coffee at sunrise, afternoons by the water, and evenings spent entertaining with the lake as the backdrop. Life at Lake Kiowa extends well beyond the property line. Residents enjoy both an 18-hole championship golf course and a 9-hole par-3 course, along with lake access for boating, fishing, skiing, wakeboarding, kayaking and paddle-boarding. The community also offers beaches, walking trails, tennis, basketball, volleyball, the Lodge, Grand Pavilion, Little Wolf Park and other amenities, all within a private setting with 24-hour gated security. Move-in ready, thoughtfully designed, and positioned to take full advantage of the lake, this is a home created for the way people actually want to live—with space to gather, room to retreat and a front-row seat to some of Lake Kiowa’s most beautiful moments.

Investor Tools

$323,203Estimated Mortgage Balance
$658,010Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month

Interested in this property?

Rachel Sullivan

Lake & Country Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$853/month
$388/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,330
$981,213
2025
$690,079
$523,611
$1,213,690
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$5,330
$981,213

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$369,900
No
First
Apr 8, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$323,203
$658,010
67%
33%
$2,218/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$2,606/mo
$-1,186/mo
1.7%

City: Lake Kiowa

1011 Kiowa Dr W | Property Details | No Agent List