See Home Value
Palo Pinto 76449
1006 Possum Trail
$2,050,000
● House - Off Market

1006 Possum Trail

Possum Kingdom Lake, TX 76449
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,526 Ft²
$2,368,667
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

This astonishing 4 bedroom, 3.5 bath, 2 car garage with porte cochere boast every feature you would want in a lakefront home. Take a stroll on the nicely landscaped level lot to your very own dock. Located in the gaited area of Gaines Bend. Hop on your boat for a quick boat ride to infamous Hells Gate or to one of the lake side restaurants that beautiful Possum Kingdom Lake has to offer. Amazing sunsets will also make you want to stay right there and enjoy cooking at your outdoor kitchen area. The options are endless with the PK jewel.
Unit Size
3,526 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$610
Property Type
House
Property Taxes
-
HOA Dues
$67
Year Built
2008

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (NTREIS #14618611)

Price History

Date / Event Date Event Price
Jul 1, 2025 Temporarily off market -
Temporarily off market
Jan 24, 2025 Listed by Harrison Farm and Ranch LLC $2,400,000
Listed by Harrison Farm and Ranch LLC
Welcome to Your Private Oasis at Gaines Bend on Possum Kingdom Lake Nestled in the highly sought-after neighborhood of Gaines Bend, this stunning 5-bedroom, 3.5-bathroom, 2-story ranch-style home offers the perfect blend of luxury, comfort, and lakefront living. This home provides an ideal retreat for those seeking tranquility and adventure on Possum Kingdom Lake. As you step inside, you're immediately greeted by an open and inviting floor plan that seamlessly integrates the living, dining, and kitchen areas. The living room features a beautiful stone fireplace and large windows that showcase breathtaking views of the lake. High-end finishes throughout the home enhance the luxurious feel, while the thoughtfully designed layout allows for easy flow and plenty of natural light. Upstairs, you'll find a second living area, perfect for relaxation or entertaining guests. Step out onto the private balcony and take in panoramic views of the sparkling water below. Outside, this property continues to impress with an expansive outdoor kitchen and covered patio, providing ample space for outdoor dining and entertaining. Whether you're hosting a summer barbecue or enjoying a quiet evening, the outdoor living spaces are designed to maximize your enjoyment of the lakefront setting. A short stroll down to your private boat dock invites you to spend endless hours on the water, whether you're boating, fishing, or simply soaking in the serene surroundings. The home also features a spacious garage with plenty of room for storage, ensuring that all your needs are met. With its unbeatable location, luxurious finishes, and unparalleled lake views, this home is a true gem at Possum Kingdom Lake. Don’t miss your opportunity to own this exquisite property and make it your own private sanctuary.
Jun 11, 2024 Sold
Sold
May 30, 2024 In contract -
In contract
Mar 2, 2024 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • 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: 600
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,744
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,526
  • Gross Building Area: 3,526
  • Building Area: 3,526
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,526
  • 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: 0000000591
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: GAINES BEND PK LAKE BLK 1 LOT 87 DEEDED LAND (AKA LT 87 & 1/2 OF 88) G#G0050-00-00010-087-00-0

Neighborhood

  • School District Name: Palo Pinto Independent School District
  • School Tax School District: PPI HPD ESD1
  • Census Tract: 000100

Geography

  • Account Number: R000016400
  • Parcel: 124880000
  • Block: 1
  • Lot: 87
  • Municipality: GRAFORD
  • Latitude: 32.8747
  • Longitude: -98.46

    Address

  • Full Address: 1006 Possum Trl
  • Address - House Number: 1006
  • Address - Street Name: Possum
  • Address - Suffix Type: Trl
  • State: TX
  • City Name: Graford
  • Zip Code: 76449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,700,882
  • Tax Rate Code Area: CAD 182 PP

    Appraisal Valuation

  • Standard Deviation: 0.4429
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 11
  • Final Value: 1,648,695
  • High Value: 2,379,042
  • Low Value: 918,347

    Market Valuation

  • Market Total Value: $1,992,040
  • Market Land Value: $475,240
  • Market Improvement Value: $1,516,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,992,040
  • Assessed Land Value: $475,240
  • Assessed Improvements Value: $1,516,800

    Sales

  • Current Sale Contract Date: Dec 01, 2021
  • Current Sale Recording Date: Dec 02, 2021
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021-00008617
  • Previous Sale Recording Date: Feb 11, 2013
  • Previous Sale Contract Date: Jan 31, 2013
  • Previous Sale Document Type: 68
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


Similar Homes for Sale

Currently no similar homes around

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 1006 Possum Trail built and last sold?
The property at 1006 Possum Trail was built in 2008 and last sold on Dec 1, 2021 for $1,875,000.
How much is this home worth?
The estimated value of the home located at 1006 Possum Trail is $2,409,529.
What are some comparable homes to 1006 Possum Trail?
There are currently no comparable homes to 1006 Possum Trail.