37
Map
$3,499,000
↓ $50K (1.4%)
●
House -
For Sale
1009 Cardinal Cove
Graford, TX 76449
4 Beds
4 Baths,
1
Half Bath
4,025 Ft²
$20,192
Est. Monthly
$83
HOA / Fees
About This Property
Perfectly positioned in the center of Cardinal Cove, this
exceptional lakefront property blends modern design with effortless
indoor-outdoor living. The open-concept floor plan features soaring
ceilings and expansive windows that frame stunning lake views and
flood the home with natural light. A dramatic glass slider in the
main living area opens to an expansive patio and pool, creating the
ultimate space for entertaining and relaxing by the water. With two
generous living areas, 4 bedrooms, and 5 baths, the home offers
both comfort and functionality. A 3-car garage and recently built
dock (within the last two years) complete this incredible lakefront
retreat. This property is also being sold fully furnished!
Unit Size
4,025 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$869
Property Type
House
Property Taxes
$2,928
HOA Dues
$83
Year Built
2021
Listed By
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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: 12 days ago (NTREIS #21203086)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2026 | Price Decreased |
$3,499,000
↓ $50K
(1.4%) | |
| Price Decreased | |||
| Mar 9, 2026 | Listed by Century 21 Mike Bowman, Inc. | $3,549,000 | |
| Listed by Century 21 Mike Bowman, Inc. | |||
| Jan 6, 2023 | Sold | ||
| Sold | |||
| May 10, 2022 | Listed by Clark Real Estate Group | $3,150,000 | |
| Listed by Clark Real Estate Group | |||
| | |||
|
Amazing opportunity to own a Custom Bret Jordan home on beautiful Possum Kingdom Lake. This peaceful cove location is in the very sought out gated area of Gaines Bend. Located minutes from Hells Gate, restaurants, and everywhere you want to be. This home plan will boast many standard upgrades. Media Room, pool, and outdoor living provide all the luxury you would want in either a full time or second home. Jump in now and you can still pick your colors to make it fit your specific taste. Possum Kingdom Lake new builds that are not already spoken for are far and few between. You will not want to miss out on this amazing opportunity.
| |||
| Feb 2, 2022 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Additional Parking, Garage
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Built-in Features, Chandelier, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Smart Home, Sound System, Vaulted Ceiling(s), Walk-In Closet(s), Decorative Lighting, Flat Screen Wiring
Appliances: Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Gas Range, Ice Maker, Microwave, Tankless Water Heater, Plumbed For Gas in Kitchen
Flooring Type: Carpet, Ceramic Tile, Wood
Laundry Features: Full Size W/D Area
Has Fireplace
Fireplace Features: Gas Log, Propane
Fireplaces: 1
Exterior Details
Square Footage: 4025
Year Built: 2022
Waterfront Features: Lake Front, Dock – Covered, Lake Front – Main Body
Levels: Two
Patio and Porch Features: Covered
Pool Features: Gunite, In Ground, Pool/Spa Combo
Pool is Private
Lot Size Area: 0.456
Lot Size Units: Acres
Lot Size Acres: 0.456
Lot Size Square Feet: 19863.36
Tax Lot: 47
Financial Details
Tax Annual Amount: $35,135
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Propane
Location Details
HOA/Condo/Coop Fee Includes: Management Fees
HOA Fee: $1,000
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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HOA + Taxes
About Palo Pinto
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Listed by: Michael Avidon, Century 21 Mike Bowman, Inc.
Last Updated: 12 days ago
Data Source: NTREIS MLS, MLS# 21203086
Details provided by NTREIS and may not match the public record
Last Updated: 12 days ago
Data Source: NTREIS MLS, MLS# 21203086
Details provided by NTREIS and may not match the public record
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