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Under contract
  • $899,000

    123 Goodknight Ranch Rd, Trinidad, TX 75163

    5beds
    2,746sqft
    : 
    Single Family Residence
    Built in 1975
    0.71 Acres Lot
    $-- Zestimate®
    $327/sqft
    $8/mo HOA

    What's special

    Lakefront retreatPrivate boathouseOversized covered patioGame roomGlass overhead doorOpen-concept main houseWide deep-water channel
    Turnkey Lakefront Retreat Just One Hour from Dallas – Perfect for Entertaining & Getaways. Discover the ultimate lakefront escape in this fully renovated and thoughtfully expanded A-frame style home, set on two spacious lots with over 150 feet of shoreline—all within an easy hour's drive from Dallas. Whether you're seeking a serene weekend getaway, a high-performing short-term rental, or a forever family retreat, this home delivers space, comfort, and stunning waterfront living. Step into a bright, open-concept main house featuring 4 bedrooms and 3 full bathrooms, ideal for hosting family and friends. The generous living and dining areas are designed for entertaining, while large windows frame beautiful lake views. A two-car garage with extra storage and a covered porch just steps from the water add function and charm to this one-of-a-kind property. For even more guest space, the brand-new bunkhouse sleeps seven and includes a full bathroom. The lower level is built for fun and relaxation, offering a glass overhead door, a game room, and an oversized covered patio—perfect for grilling, dining al fresco, or watching sunsets over the lake. Your private boathouse is ready for adventure, with two slips equipped with new motorized lifts, electric, and secure straps. Set on a wide, deep-water channel with 6–7 feet of water at the dock and immediate access to open water, this location is perfect for swimming, paddleboarding, kayaking, and boating—all from your own backyard. With sleeping accommodations for up to 19 guests, this property is ideal for large families, hosting friends, or maximizing rental income. This rare, move-in-ready lakefront property offers the perfect blend of privacy, luxury, and recreation—schedule your private showing today and start living the lake life you've been dreaming of.
    574 days
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    13
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    Zillow last checked: 7 hours ago

    Listing updated: November 03, 2025 at 05:17am

    Listed by:

    Matthew Wood 0639178 214-532-8327,

    Scout RE Texas 214-532-8327

    Source: NTREIS,MLS#: 20714934

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Primary bedroom
      • Level: First
      • Dimensions: 14 x 14
      Living room
      • Features: Ceiling Fan(s), Fireplace
      • Level: First
      • Dimensions: 20 x 24
      Appliances
      • Included: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal
      Features
      • Built-in Features, Eat-in Kitchen, Kitchen Island, Loft, Multiple Staircases, Open Floorplan
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Masonry, Wood Burning
      Interior area
      • Total interior livable area: 2,746 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Garage Door Opener
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      • On waterfront: Yes
      • Body of water: Cedar Creek
      Lot
      • Size: 0.71 Acres
      Details
      • Parcel number: 32400000493060

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: A-Frame,Other,Detached
      • Property subtype: Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Brick, Wood Siding
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 1975

      Utilities & green energy

      • Sewer: Aerobic Septic
      • Utilities for property: Municipal Utilities, Septic Available, Water Available

      Community & HOA

      Community
      • Subdivision: Key Ranch Estates #1
      HOA
      • Has HOA: Yes
      • Services included: Association Management
      • HOA fee: $100 annually
      • HOA name: Key Ranch
      • HOA phone: 000-000-0000
      Location
      • Region: Trinidad

      Financial & listing details

      • Price per square foot: $327/sqft
      • Tax assessed value: $616,351
      • Annual tax amount: $8,478
      • Date on market: 8/29/2024
      • Cumulative days on market: 441 days
      • Listing terms: Cash,Conventional,1031 Exchange
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,333/mo

        Price history

        Price history
        DateEventPrice
        10/25/2025Contingent$899,000$327/sqft
        Source: NTREIS #20714934 Report a problem
        8/12/2025Price change$899,000-5.3%$327/sqft
        Source: NTREIS #20714934 Report a problem
        6/9/2025Price change$949,2500%$346/sqft
        Source: NTREIS #20714934 Report a problem
        3/6/2025Price change$949,500-9.5%$346/sqft
        Source: NTREIS #20714934 Report a problem
        1/3/2025Price change$1,049,250-6.7%$382/sqft
        Source: NTREIS #20714934 Report a problem
        8/29/2024Listed for sale$1,125,000+114.3%$410/sqft
        Source: NTREIS #20714934 Report a problem
        9/1/2020Listing removed$525,000$191/sqft
        Source: BearStone Real Estate Brkg,LLC #14375571 Report a problem
        7/8/2020Pending sale$525,000$191/sqft
        Source: BearStone Real Estate Brkg,LLC #14375571 Report a problem
        6/28/2020Listed for sale$525,000$191/sqft
        Source: BearStone Real Estate Brkg,LLC #14375571 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$8,894 +4.2%$616,351 +0%
        2024$8,533 +0.7%$616,240 +3%
        2023$8,478 -9.9%$598,343 +1.7%
        2022$9,408 +49.2%$588,260
        2021$6,306 +207.6%--
        2020$2,050 +0.9%--
        2019$2,031 +0.1%$328,180 +3%
        2018$2,028 -0.6%$318,540 +0.8%
        2017$2,042 $316,070
        2016$2,042 +0.7%$316,070
        2015$2,028 -6.1%$316,070
        2014$2,160 $316,070
        2013-- $316,070
        2012-- $316,070
        2011-- $316,070
        2010-- $316,070
        2009-- $316,070 +60.3%
        2008-- $197,190
        2007-- $197,190
        2006-- $197,190 +9.4%
        2005-- $180,260 +0%
        2004-- $180,250 +36.2%
        2003-- $132,390 +20.4%
        2002-- $109,930 +10%
        2001-- $99,940
        2000-- --
        1999-- --

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $5,341/mo
        Principal & interest
        $4509
        Property taxes
        $824
        HOA Fees
        $8
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          Climate risks

          Neighborhood: 75163

          Getting around

          0 / 100
          Car-Dependent
          25 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Tool
          • Middle: Malakoff
          • High: Malakoff
          • District: Malakoff ISD

          Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

          Local experts in 75163

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