See Home Value
Palo Pinto 76449
1003 Mesquite Ridge
$2,400,000
● House - Off Market

1003 Mesquite Ridge

Possum Kingdom Lake, TX 76449
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,092 Ft²
$12,359
Est. Monthly
$83
HOA / Fees

About This Property

FABULOUS RESORT STYLE, FURNISHED, 1 AC, WATERFRONT LAKEHOME with, CUSTOM INFINITY POOL, HOT TUB, & DOUBLE LEVEL, DEEP WATER DOCK  all with Breathtaking PANORAMIC PK LAKE VIEWS, and of Famous HELL'S GATE as well. This Beautiful Open Concept Design, 3092 sqft, 4bd, 3ba Lakehouse, is Located in the Exclusive GAINES BEND area of PK, and is renowned for its legendary Clear, Cobalt Blue Waters, and Stunning Cliffline Views, with an Elevated Point Bluff located on this property, to watch the Sunrises & Sunsets, and from the Gorgeous Pool, Hot Tub, Fire Pit, and Multiple Outdoor Dining, Lounging & Entertainment Patios. This Gated, Private, Oversized Lot has Wonderful Mature Shade Trees and Large Grassy Lawns for Yard Games & Outdoor Fun. Then when you enter the Lakehouse, The Upper Level Features Large Big Lake View, Picture Windows from the Kitchen, Living Room and Dining Areas, and from the Primary Bedroom Suite, complete with Office Space for working from the Lake, and Spacious Covered Outdoor Balconies all along the Lakeside 2nd Level. On the Downstairs Level, there is a 2nd Kitchen, and Living & Game Room Area with Pool Table and 3 Guest Bedrooms, 2 of which are Bunkrooms, perfect for accommodating Large Families and Extra Guests. Outside there is a 2013 Custom Rock, Gunite Infinity Pool & Spa to stay cool on Summer Days, and warm at night while watching the Tx Starry Nights, and Savor the amazing Lake Views all day, while Relaxing and Recharging in the Peaceful, Serenity & Unparalleled Beauty of Possum Kingdom Lake.Then down the Steps to the Water, there is a Double Level Dock with Boat Slip and 2 Sea Doo Lifts as well. This is the Best of PK Lakelife in one of the most Extraordinary, Beautiful Settings at PK, and with the Most Amazing Spot at PK to enjoy the Legendary Fireworks at Hell's Gate.
Unit Size
3,092 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$809
Property Type
House
Property Taxes
-
HOA Dues
$83
Year Built
1997

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Last updated: 3 months ago (NTREIS #21297259)

Price History

Date / Event Date Event Price
Aug 6, 2026 Sold
Sold
Jul 10, 2026 In contract -
In contract
Jun 20, 2026 Price Decreased $2,500,000
↓ $499K (16.6%)
Price Decreased
Jun 12, 2026 Listed by Century 21 Mike Bowman, Inc. $2,999,000
Listed by Century 21 Mike Bowman, Inc.
Jun 9, 2026 No longer available -
No longer available
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • 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: 4
  • Garage Square Area: 720
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,431
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,992
  • Gross Building Area: 2,992
  • Building Area: 2,992
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,992
  • 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: 0000001020
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: GAINES BEND PK LAKE BLK 1 LOTS 219 & S/2 OF 218 DEEDED LAND G#G0050-00-00010-219-00-0

Neighborhood

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

Geography

  • Account Number: R000016491
  • Parcel: 125663000
  • Block: 1
  • Lot: 219
  • Municipality: GRAFORD
  • Latitude: 32.8644
  • Longitude: -98.4629

    Address

  • Full Address: 1003 Mesquite Rdg
  • Address - House Number: 1003
  • Address - Street Name: Mesquite
  • Address - Suffix Type: Rdg
  • State: TX
  • City Name: Graford
  • Carrier Code: H051
  • 4-Digit Zip Code: 6026
  • Zip Code: 76449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,561,379
  • Tax Rate Code Area: CAD 182 PP

    Appraisal Valuation

  • Standard Deviation: 0.2715
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 2,077,267
  • High Value: 2,641,250
  • Low Value: 1,513,285

    Market Valuation

  • Market Total Value: $1,889,150
  • Market Land Value: $536,660
  • Market Improvement Value: $1,352,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,889,150
  • Assessed Land Value: $536,660
  • Assessed Improvements Value: $1,352,490

    Sales

  • Current Sale Contract Date: Jun 26, 2012
  • Current Sale Recording Date: Jun 29, 2012
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012-00003720
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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Nearby Rentals

Unit for rent at 1653 Scenic Drive, TX, 76449

$5,000 /mo

  • 3 Beds
  • 3 Baths
  • 1,941 ft²
1653 Scenic Drive #102, TX, 76449 Listing by Ginny Kimberlin


Frequently Asked Questions

When was property at 1003 Mesquite Ridge built and last sold?
The property at 1003 Mesquite Ridge was built in 1997 and last sold on Jun 26, 2012 for $0.
How much is this home worth?
The estimated value of the home located at 1003 Mesquite Ridge is $2,445,804.
What are some comparable homes to 1003 Mesquite Ridge?
There are currently no comparable homes to 1003 Mesquite Ridge.