$320,000
●
Condo -
Off Market
1001 Eagle Point Road
Graford, TX 76449
2 Beds
2 Baths
1,502 Ft²
$2,295
Est. Monthly
$650
HOA / Fees
2.56%
Cap Rate
About This Property
Move-in ready 2BR, 2BA condo at Possum Kingdom Lake! Updated with
modern finishes, open-concept layout, and a spacious balcony for
morning coffee or sunset views. Primary suite with en-suite bath
plus private guest accommodations. Enjoy resort amenities - 36
rounds of golf annually, Eagle Point pool, marina, beach,
clubhouse, tennis, park, and 24-7 gated security. Fully furnished
and low-maintenance, which makes it ideal as a full-time home,
weekend retreat, or investment property!
Unit Size
1,502 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$223
Property Type
Condo
Property Taxes
-
HOA Dues
$650
Year Built
2003
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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 #20792876)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Sep 14, 2025 | In contract | - | |
| In contract | |||
| Aug 25, 2025 | Price Decreased |
$335,000
↓ $16K
(4.6%) | |
| Price Decreased | |||
| Dec 7, 2024 | Listed by HomeSmart Stars | $351,000 | |
| Listed by HomeSmart Stars | |||
Property Highlights
Garage
Parking Available
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Garage, Garage Door Opener, Garage Faces Front, Inside Entrance, Kitchen Level, On Site, Parking Lot, Garage Single Door
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Built-in Features, Eat-in Kitchen, Open Floorplan, Walk-In Closet(s), High Speed Internet Available
Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
Flooring Type: Carpet, Tile
Laundry Features: Electric Dryer Hookup, Washer Hookup, Utility Room, Full Size W/D Area
Has Fireplace
Fireplace Features: Wood Burning
Fireplaces: 1
Exterior Details
Has Property Attached
Square Footage: 1502
Security Features: Security Gate, Security Guard, Smoke Detector(s)
Year Built: 2003
Levels: One
Patio and Porch Features: Covered, Front Porch
Pool Features: Cabana, Fenced, Gunite, In Ground, Private
Pool is Private
Lot Size Area: 0.089
Lot Size Units: Acres
Lot Size Acres: 0.089
Lot Size Square Feet: 3876.84
Tax Lot: 22
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Security, Trash, Back Yard Maintenance, Front Yard Maintenance, Full Use of Facilities, Management Fees
HOA Fee: $7,800
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/07/2024
| |
2 Bed
|
2 Bath
|
1502 ft²
|
$351,000
2 Bed
2 Bath
1502 ft²
|
$320,000
-8.83%
09/26/2025
|
Nihan Yilmaz
HomeSmart Stars
|
|
12/20/2023
| |
2 Bed
|
-
|
1502 ft²
|
$395,000
2 Bed
-
1502 ft²
|
-
01/26/2024
|
Ric Hayward
Coldwell Banker Realty
|
|
10/24/2020
| |
2 Bed
|
2 Bath
|
1502 ft²
|
$275,000
2 Bed
2 Bath
1502 ft²
|
$143,800
-47.71%
03/12/2021
|
Lorin Buck
Williams Trew Real Estate
|
|
05/08/2019
| |
2 Bed
|
-
|
1502 ft²
|
$219,000
2 Bed
-
1502 ft²
|
$211,000
-3.65%
03/03/2020
|
Lorin Buck
Williams Trew Real Estate
|
|
08/23/2018
| |
2 Bed
|
2 Bath
|
1502 ft²
|
-
2 Bed
2 Bath
1502 ft²
|
-
-
|
-
|
Building Info
About Palo Pinto
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Listed by: Nihan Yilmaz, HomeSmart Stars
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20792876
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20792876
Details provided by NTREIS and may not match the public record
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