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Thunderbird Bay 76857
4041 KIOWA DR
$53,000
● House - Off Market

4041 KIOWA DR

May, TX 76857
bedrooms
2 Beds
bathrooms
1 Bath
square feet
840 Ft²
$316
Est. Monthly
$24
HOA / Fees
21.61%
Cap Rate

About This Property

This 2-bed, 1-bath mobile home sits on three spacious lots right across the street from Lake Brownwood, you can be on the water in just minutes! It comes fully furnished with everything pictured, including a pontoon boat, small trailer, golf cart, riding lawnmower, fish cleaning station, and storage shed. A butane tank is also included. The neighborhood offers great amenities like a community pool and tennis courts. Call today to schedule your tour!
Unit Size
840 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$71
Property Type
House
Property Taxes
-
HOA Dues
$24
Year Built
1989

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (NTREIS #20998047)

Price History

Date / Event Date Event Price
Sep 19, 2025 Sold
Premium
Sold
Jul 24, 2025 In contract -
In contract
Jul 4, 2025 Listed by Tootie Kelly Real Estate $59,500
Listed by Tootie Kelly Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,884
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 920
  • Total Building Area: 840
  • Gross Building Area: 2,328
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THUNDERBIRD BAY SECTION II
  • Land Acres: 0000000342
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: THUNDERBIRD BAY SECTION II, LOT 707-709, MH LABEL # TEX0207975

Neighborhood

  • School District Name: May Independent School District
  • Census Tract: 950100

Geography

  • Account Number: R8444-0708-00
  • Parcel: 47793
  • Lot: 707-709
  • Municipality: MAY
  • Latitude: 31.9005
  • Longitude: -99.0232

    Address

  • Full Address: 4041 Kiowa Dr
  • Address - House Number: 4041
  • Address - Street Name: Kiowa
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: May
  • Zip Code: 76857

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $49,768
  • Tax Rate Code Area: GBC RRF SM

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 63,867
  • High Value: 78,626
  • Low Value: 49,109

    Market Valuation

  • Market Total Value: $41,300
  • Market Land Value: $7,440
  • Market Improvement Value: $33,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,300
  • Assessed Land Value: $7,440
  • Assessed Improvements Value: $33,860
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Thunderbird Bay

Stats & Trends

Median Asking:

$157,000

Sale Price/ft²

$133

Below Asking

0.03%

Average Days on Market

112

Average Home Size

1383 ft²

Average Home Age

26.1 years

Currently For Sale

9 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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NTREIS

Listed by: Lloyd VanZandt, Tootie Kelly Real Estate
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20998047
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 4041 Kiowa Drive built and last sold?
The property at 4041 Kiowa Drive was built in 1989 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4041 Kiowa Drive is $0.
What are some comparable homes to 4041 Kiowa Drive?
There are currently no comparable homes to 4041 Kiowa Drive.
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