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Palo Pinto 76453
1002 Boulder Drive
Photo of 1002 Boulder Drive

17

Map

Photo of 1002 Boulder Drive
Photo of 1002 Boulder Drive
$27,500
↓ $8K (21.4%)
● Land - For Sale

1002 Boulder Drive

Gordon, TX 76453
bedrooms
Studio
bathrooms
0 Bath
$152
Est. Monthly

About This Property

Rare opportunity to own 1.4 acres on an elevated bluff with breathtaking views of Lake Palo Pinto and the surrounding countryside. This secluded tract is ready for your dream home or weekend getaway, with electricity already on site, a water meter box installed, and co-op water available through LPPAWD. Enjoy privacy, big views, and easy access to outdoor recreation, all just a short drive from the public boat ramp and minutes from the new Strawn State Park. Small acreage with this kind of elevation, view, and utility setup is hard to find. Come see it before it's gone.
Unit Size
-
Days on Market
-
Land Size
1.40 acres
Price per sqft
-
Property Type
Land
Property Taxes
$16
HOA Dues
-
Year Built
-

Listed By

Jerry Moody
Jerry Moody
[email protected]
Keller Williams Arlington

Payment Calculator

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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 days ago (NTREIS #21330240)

Price History

Date / Event Date Event Price
Oct 4, 2026 Price Decreased $27,500
↓ $8K (21.4%)
Price Decreased
Jul 7, 2026 Listed by Keller Williams Lonestar DFW $35,000
Listed by Keller Williams Lonestar DFW

Property Highlights

Exterior Details
Lot Features: Corner Lot, Interior Lot, Many Trees, Acreage, Water/Lake View
Lot Size Area: 1.403
Lot Size Units: Acres
Lot Size Acres: 1.403
Lot Size Square Feet: 61114.68
Tax Lot: 1
Financial Details
Tax Annual Amount: $197
Utilities Details
Cooling Type: None
Heating Type: None

Building Info

Overview

    General

  • 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: 61,115
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: LAKE PALO PINTO EST
  • Land Acres: 0000001403
  • Standard Land Use Code: 8001
  • County Land Use Code: C1
  • Legal Description 1: LAKE PALO PINTO EST BLK 4 LTS 1 THRU 3 G#L0110-00-00040-001-00-0

Neighborhood

  • School District Name: Santo Independent School District
  • School Tax School District: SNI HPD ESD1
  • Census Tract: 000200

Geography

  • Account Number: R000018700
  • Parcel: 147580000
  • Block: 4
  • Lot: 1-3
  • Municipality: GORDON
  • Latitude: 32.6246
  • Longitude: -98.3101

    Address

  • Full Address: 1002 Boulder Dr
  • Address - House Number: 1002
  • Address - Street Name: Boulder
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Gordon
  • Zip Code: 76453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,485
  • Tax Rate Code Area: CAD 182 SN

    Market Valuation

  • Market Total Value: $11,610
  • Market Land Value: $11,610

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,610
  • Assessed Land Value: $11,610
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 Palo Pinto

Stats & Trends

Median Asking:

$397,000

Sale Price/ft²

$218

Below Asking

0.03%

Average Days on Market

86

Average Home Size

2291 ft²

Average Home Age

-

Currently For Sale

290 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

Unit for rent at 520 Deer Trail, Gordon, TX, 76453

$5,750 /mo

  • 4 Beds
  • 3 Baths
  • 2,725 ft²
520 Deer Trail, Gordon, TX, 76453 Listing by Jerry Moody

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Jerry Moody, Keller Williams Lonestar DFW
Last Updated: 2 days ago
Data Source: NTREIS MLS, MLS# 21330240
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1002 Boulder Drive built and last sold?
The property at 1002 Boulder Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1002 Boulder Drive is $27,775.
What are some comparable homes to 1002 Boulder Drive?
There are currently no comparable homes to 1002 Boulder Drive.
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