See Home Value
Palo Pinto 76449
1011 Lakeview Point Road
$4,000,000
● House - Off Market

1011 Lakeview Point Road

Possum Kingdom Lake, TX 76449
bedrooms
7 Beds
bathrooms
8 Baths, 2 Half Baths
square feet
11,069 Ft²
$20,175
Est. Monthly
$533
HOA / Fees

About This Property

AUCTION BIDDING OPEN: Bidding ends November 25. Previously listed at $6.9M. Current high bid $4M.

An architectural triumph engineered with 70 tons of steel into the cliff face, this turnkey waterfront estate commands two-plus pristine acres within the exclusive Ranch at Possum Kingdom Lake. Walls of windows frame dramatic lake panoramas throughout the open-concept great room, flowing seamlessly into an entertainer's chef kitchen encircled by NanaWall doors opening to an expansive lakeside patio. Six private bedroom suites, a thousand-square-foot casita, and a clubroom retreat with Murphy beds accommodate over 30 guests effortlessly and is ideal for a family retreat, executive getaway, or multigenerational living. World-class amenities include wine cellar, media room, game room, elevator, observation tower, resort-style infinity pool, and private boat docks. Adventure awaits with helipad access to 1,100 acres of common ranch land featuring equestrian facilities, while concierge service, skeet range, and sports courts complete this exceptional lifestyle destination just one hour from DFW, 2 miles from Possum Kingdom airport, and 15 minutes to a championship golf course.
Unit Size
11,069 Ft²
Days on Market
-
Land Size
2.13 acres
Price per sqft
$361
Property Type
House
Property Taxes
-
HOA Dues
$533
Year Built
2006

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Last updated: 10 months ago (NTREIS #20850559)

Price History

Date / Event Date Event Price
Dec 23, 2025 Sold
Sold
Nov 26, 2025 In contract -
In contract
Nov 14, 2025 Price Decreased $4,000,000
↓ $3M (42%)
Price Decreased
Oct 21, 2025 Price Increased $6,900,000
↑ $1M (17%)
Price Increased
May 11, 2025 Price Decreased $5,900,000
↓ $600K (9.2%)
Price Decreased
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Property Highlights

Garage
Elevator
Doorman
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • 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: 910
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 92,739
  • Lot Size Frontage Feet: 0
  • Total Building Area: 7,173
  • Gross Building Area: 7,173
  • Building Area: 7,173
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 7,173
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE RANCH
  • Land Acres: 0000002129
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: THE RANCH BLK G LOT G-19 (ALL DEEDED 2.129 AC) G#R0225-01-000G0-019-00-0

Neighborhood

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

Geography

  • Account Number: R000024365
  • Parcel: 200651400
  • Block: G
  • Lot: G-19
  • Municipality: STRAWN
  • Latitude: 32.8666
  • Longitude: -98.4422

    Address

  • Full Address: 1011 Lakeview Pt
  • Address - House Number: 1011
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Pt
  • State: TX
  • City Name: Graford
  • Carrier Code: H051
  • 4-Digit Zip Code: 1524
  • Zip Code: 76449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,503,374
  • Tax Rate Code Area: CAD 182 GR

    Appraisal Valuation

  • Standard Deviation: 0.4406
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 11
  • Final Value: 4,910,912
  • High Value: 7,074,836
  • Low Value: 2,746,987

    Market Valuation

  • Market Total Value: $5,761,730
  • Market Land Value: $500,970
  • Market Improvement Value: $5,260,760

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,761,730
  • Assessed Land Value: $500,970
  • Assessed Improvements Value: $5,260,760
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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Frequently Asked Questions

When was property at 1011 Lakeview Point built and last sold?
The property at 1011 Lakeview Point was built in 2006 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1011 Lakeview Point is $0.
What are some comparable homes to 1011 Lakeview Point?
There are currently no comparable homes to 1011 Lakeview Point.