Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$975,000

1227 Kiowa Dr W, Lake Kiowa, TX, 76240

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths2,652 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$367.65 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Built In Refrigerator, Dishwasher, Electric Oven, Electric Water Heater, Gas Cooktop, Disposal, Microwave, Plumbed For Gas, Refrigerator, Water Purifier, Wine Cooler
FlooringSlate, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBoat Slip, Courtyard, Deck, Dock, Fire Pit, Garden, Lighting, Outdoor Grill, Rain Gutters
Lot Size19,079 sqft

Building Information

Year Built1972
Roof Type105
Garage Spaces2

Land Information

APN4634
Lot Number759
SubdivisionLake Kiowa Map 11
Land UseResidential
Legal DescriptionLAKE KIOWA MAP 11; LOT 759
Census Tract000701
Assessed Land Value$556,240
Assessed Improvement Value$455,117
Assessment Year2025

About this property

Exceptional lakefront living with panoramic water views and a private covered boat dock just steps from your backyard. Completely rebuilt from the foundation up in 2010, this beautifully designed home embraces its waterfront setting with expansive windows, multiple outdoor living spaces and spectacular views of the lake and the golf course’s signature 9th island hole. The open floor plan is filled with natural light and features eucalyptus wood flooring, a fireplace and automatic shades throughout, including remote-controlled shades across the rear of the home. The kitchen overlooks the water and offers rich cabinetry, granite countertops, a center island with prep sink, gas cooktop, built-in wine refrigerator, breakfast bar and walk-in pantry. A split-bedroom design provides excellent privacy, with each bedroom served by its own full bath. The vaulted primary suite features a sitting area, oversized dual walk-in closet, heated shower and direct access to a private covered patio overlooking the lake. Additional highlights include a 4-year-old Trane HVAC system, climate-controlled two-car plus golf-cart garage and a climate-controlled 4th bonus room. Outside, relax on the covered patio, work in the lush garden, gather around the fire pit, grill a few steaks in your private outdoor kitchen or cross the expansive lawn to your private covered boat dock to take a sunset cruise with incredible lake and golf-course views. The resort style community offers 24-hour manned security, included golf privileges on both the championship and par-3 courses, 911 service, pro shop, restaurant, pickleball and tennis courts, a state-of-the-art pavilion for concerts and events, maintained community grounds, two lake beaches, playgrounds, picnic areas and more. Offering an exceptional combination of waterfront setting, amenities and value, the property appraised for $1,075,000 in June 2026. A rare opportunity to enjoy lakefront living all from your own backyard.

Investor Tools

$1,004,443Estimated Mortgage Balance
$834,563Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,850 /month
Positive
Cash Flow Estimate:
$1,950 /month

Interested in this property?

JP Findley

Compass RE Texas, LLC

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$666/month
$357/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,820
$834,563
2025
$556,240
$455,117
$1,011,357
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$3,820
$834,563

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cendera Funding Inc
Conventional
$359,000
No
First
Feb 28, 2014
Mar 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,004,443
N/A
0%
120%
$6,650/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$7,007/mo
$-5,587/mo
2.0%

City: Lake Kiowa

1227 Kiowa Dr W | Property Details | No Agent List