See Home Value
Palo Pinto 76449
1003 Oak Hill Lane
$1,800,000
● House - Off Market

1003 Oak Hill Lane

Possum Kingdom Lake, TX 76449
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,184 Ft²
$10,837
Est. Monthly
$83
HOA / Fees

About This Property

SPECTACULAR, NEWLY REMODELED, WATERFRONT 3184 SQFT LAKEHOUSE WITH DEEP WATER, DOUBLE LEVEL DOCK, Separate Media and Bunk Room, 3 Gar Garage with Guest Apt above, and All with BREATHTAKING PK VIEWS in the highly sought after Prestigious Community of GAINES BEND. This Custom Home is located on a Coveted Deep Water Cove just around the corner from The Famous Hells Gate, and it is the IDEAL PK LAKE FAMILY RETREAT. The 3bd & 3ba Main House has a Light and Bright Open Floor Plan, JUST UPDATED THROUGHOUT THE ENTIRE HOME, & Features Cathedral Ceilings, floor to ceiling Stunning Lake View Windows, all Stainless Appliances, all new Lighting, Flooring, & Cabinets, Rock Fireplace, Wet Bar, and Relaxing Patios to maximize the Breathtaking Lake Views, Sunrises and Sunsets. The current owners added a Gorgeous Custom Rock and Cedar, Chef's Dream Outdoor Kitchen, with Pellet Grill, Pizza Oven, Alfresco Flat Grill, Refrigerator, Sink, Storage and Granite Counter Seating, with an additional Living Area & Fireplace for Maximum Outdoor Entertaining & Dining, and all this is highlighted by a Waterfall that flows into a Custom Rock Gunite Wading Pool. Plus they also built a 1467 SQFT DETACHED 3 CAR GARAGE with Separate 535 SQFT APARTMENT and OFFICE Space for overflow Guests, and converted the old garage space into a 1001 SQFT MEDIA, GAME, WORKOUT & 5th Bd BUNK ROOM, however you design it. The Grandkids also love the secret Loft bedroom above the Game Room as well. Next to the New garage the Owners also created additional Parking for Guests and Trailers. Then once you walk down the rock steps on the lakeside of the house, there is a Double Level Dock that sits in 22ft of Water in the NO WAKE Cove and has two 10x28 Boat Slips with Lifts, 2 Jet Ski Ports and Kids Slides as well. On the 2nd Level there is a great Covered Dining Area with Beautiful Lake views down the Private Cove towards Hell's Gate. This is the BEST OF PK LAKE LIVING & THE ULTIMATE LAKE ESCAPE TO RELAX AND RECHARGE PK STYLE.
Unit Size
3,184 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$688
Property Type
House
Property Taxes
-
HOA Dues
$83
Year Built
1998

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Last updated: 3 months ago (NTREIS #21246751)

Price History

Date / Event Date Event Price
Aug 14, 2026 Sold
Sold
Jul 14, 2026 In contract -
In contract
May 8, 2026 Listed by Century 21 Mike Bowman, Inc. $2,190,000
Listed by Century 21 Mike Bowman, Inc.
Jan 1, 2026 No longer available -
No longer available
Sep 8, 2025 Price Decreased $2,190,000
↓ $210K (8.8%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • 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: 338
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,007
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,559
  • Gross Building Area: 3,559
  • Building Area: 3,559
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,559
  • 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: 0000000620
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: GAINES BEND PK LAKE BLK 1 LOT 260 DEEDED LAND G#G0050-00-00010-260-00-0

Neighborhood

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

Geography

  • Account Number: R000016519
  • Parcel: 125910000
  • Block: 1
  • Lot: 260
  • Municipality: GRAFORD
  • Latitude: 32.8558
  • Longitude: -98.4628

    Address

  • Full Address: 1003 Oak Hill Ln
  • Address - House Number: 1003
  • Address - Street Name: Oak Hill
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Graford
  • Carrier Code: H051
  • 4-Digit Zip Code: 6020
  • Zip Code: 76449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,288,472
  • Tax Rate Code Area: CAD 182 PP

    Appraisal Valuation

  • Standard Deviation: 0.4582
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 8
  • Final Value: 632,118
  • High Value: 921,801
  • Low Value: 342,434

    Market Valuation

  • Market Total Value: $1,747,890
  • Market Land Value: $918,350
  • Market Improvement Value: $829,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,747,890
  • Assessed Land Value: $918,350
  • Assessed Improvements Value: $829,540

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 17, 2017
  • Current Sale Recording Date: Aug 22, 2017
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017-00004343
  • Previous Sale Recording Date: Apr 04, 2005
  • Previous Sale Contract Date: Apr 01, 2005
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: 70
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 Oak Hill Lane built and last sold?
The property at 1003 Oak Hill Lane was built in 1998 and last sold on Aug 17, 2017 for $0.
How much is this home worth?
The estimated value of the home located at 1003 Oak Hill Lane is $2,146,665.
What are some comparable homes to 1003 Oak Hill Lane?
There are currently no comparable homes to 1003 Oak Hill Lane.