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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.
    483 days
    |
    22
    |
    0
    |

    Likely to sell faster than

    Zillow last checked: 8 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: 483 days
    • Listing terms: Cash,Conventional,1031 Exchange
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $3,748/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

    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%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $5,296/mo
    Principal & interest
    $4276
    Property taxes
    $697
    Other costs
    $323

      Climate risks

      Neighborhood: 75163

      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.

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