Lake Home For Sale

Rare Double-Lot Investment Opportunity in Lake Kiowa. Live on One, Build on the Other!

Set on a combined .76 acres, this property delivers space, flexibility, and serious upside inside one of North Texas's most desirable private lake and golf communities. Whether you're looking to renovate, rebuild, or reimagine, this is a true dual-use opportunity with potential for both personal enjoyment and income generation.

The existing home offers spacious rooms, vaulted ceilings, two living areas, and a wood-burning fireplace, ready for your design vision or a full transformation. The detached garage-workshop with its own driveway adds versatility for boat storage, hobby space, or conversion into future guest quarters.

Build your primary home on one lot and use the second for a turn-key investment, guesthouse, or resale project (a setup rarely available in Lake Kiowa and perfectly suited for maximizing ROI).

Residents enjoy full lake access, championship golf with no green fees, tennis and pickleball, parks, beaches, a lakeside restaurant and bar, and a welcoming, active community, just one hour north of Dallas.

Double-lot opportunities like this don't come often. Secure your space, your investment, and your future at Lake Kiowa.

Property Details

  • Beds: 2
  • Baths: 3.0
  • Sq Feet: 2121
  • Year Built: 1974
  • Location: Lake Kiowa
  • Acres: 0.758
  • County: Cooke County
  • Community: Lake Kiowa Map 12
  • Heat/AC: Central, Fireplace(s)
  • Garage: Covered, Driveway, Garage, Oversized, Secured, Workshop
  • Roof: Composition
  • Stories: 1
  • Fireplaces: Has Fireplace
  • MLS #: 21079306
  • Yearly HOA Fee: $4,116

Location

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Contact Information:

Contact Agent
Listing Agent: Jeff Pollock, Rogers Healy and Associates, 214-368-4663, 214-368-4663 Listing Site, Listing Status: Active
Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Gainesville, Texas
Ad Number : 6707716
Viewed: 23 times
Added: Oct 09, 2025
Updated on: Oct 09, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.