See Home Value
Palo Pinto 76449
1001 Possum Point
$1,320,000
● House - Off Market

1001 Possum Point

Possum Kingdom Lake, TX 76449
bedrooms
5 Beds
bathrooms
0 Bath
square feet
2,700 Ft²
$8,489
Est. Monthly
$83
HOA / Fees
1.66%
Cap Rate

About This Property

Love to relax in your Austin Stone, year-round lake home located on desirable large open area of Possum Kingdom Lake. Excellent lake life floor plan has two separate living areas with bedrooms. Kids or guests have their side and adults have theirs plus movie game room. Entertain inside or outside! Combined kitchen, dining & family room with both indoor & outdoor wood burning fireplaces. Kitchen island with sink, pantry, granite counter tops, custom cabinets. Outdoor covered patio serves as another great room with the best lake views ever to watch football with fire in the free standing stone fireplace and steaks on the grill or extra-large Big Green Egg smoker. Enjoy volleyball & corn hole on the well-established shoreline lush lawn. Oh, and the hot tub... Tower boat covered boat dock with water toy storage plus a recent pontoon boat addition. A double carport has height for winter boats storage. NEW ROOF was just installed & completed. Gaines Bend development is a security gated lake community, known for friendly neighbors.
Unit Size
2,700 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$556
Property Type
House
Property Taxes
$1,040
HOA Dues
$83
Year Built
1984

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Last updated: 2 years ago (NTREIS #20835249)

Price History

Date / Event Date Event Price
Mar 12, 2025 Sold
Sold
Feb 6, 2025 Listed by Possum Kingdom Real Estate $1,500,000
Listed by Possum Kingdom Real Estate
Jan 9, 2025 No longer available -
No longer available
Oct 28, 2024 Price Decreased $1,500,000
↓ $150K (9.1%)
Price Decreased
Oct 25, 2024 Relisted $1,650,000
Relisted
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • 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: 7
  • Garage Square Area: 550
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,286
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,562
  • Gross Building Area: 2,562
  • Building Area: 2,562
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,562
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GAINES BEND PK LAKE
  • Land Acres: 0000000305
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: GAINES BEND PK LAKE BLK 1 LOT 77 DEEDED LAND G#G0050-00-00010-077-00-0

Neighborhood

  • School District Name: Palo Pinto Independent School District
  • School Tax School District: PPI HPD ESD1
  • Census Tract: 000200

Geography

  • Account Number: R000016390
  • Parcel: 124820100
  • Block: 1
  • Lot: 77
  • Municipality: GRAFORD
  • Latitude: 32.8739
  • Longitude: -98.4571

    Address

  • Full Address: 1001 Possum Pt
  • Address - House Number: 1001
  • Address - Street Name: Possum
  • Address - Suffix Type: Pt
  • State: TX
  • City Name: Graford
  • Carrier Code: H051
  • 4-Digit Zip Code: 4600
  • Zip Code: 76449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,247,709
  • Tax Rate Code Area: CAD 182 PP

    Appraisal Valuation

  • Standard Deviation: 0.4536
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 681,427
  • High Value: 990,539
  • Low Value: 372,314

    Market Valuation

  • Market Total Value: $920,250
  • Market Land Value: $265,720
  • Market Improvement Value: $654,530

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $920,250
  • Assessed Land Value: $265,720
  • Assessed Improvements Value: $654,530

    Sales

  • Current Sale Contract Date: Mar 07, 2006
  • Current Sale Recording Date: Mar 14, 2006
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 200600002207
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Palo Pinto


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Frequently Asked Questions

When was property at 1001 Possum Point built and last sold?
The property at 1001 Possum Point was built in 1984 and last sold on Mar 7, 2006 for $0.
How much is this home worth?
The estimated value of the home located at 1001 Possum Point is $1,515,000.
What are some comparable homes to 1001 Possum Point?
There are currently no comparable homes to 1001 Possum Point.