See Home Value
Palo Pinto 76449
1011 Mesquite Ridge
$1,414,313
● House - Off Market

1011 Mesquite Ridge

Possum Kingdom Lake, TX 76449
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,040 Ft²
$1,696,563
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Situated on a 70-foot rock cliff overlooking Hell's Gate, with expansive views of west Texas landscape and majestic sunsets, this private home is truly unique. Fabulous sunrises can be enjoyed across the beautifully landscaped front yard. But the property's centerpiece is a Granbury limestone pergola, large outdoor fireplace and patio space designed by Dallas architect Ralph Duesing providing breathtaking views from every point. The 4 bedroom and 3.5 bath main house and bunkhouse offer spacious and comfortable living with large rooms, high ceilings, and an abundance of sunlight. An amazing two-level, deep water boat dock serves as a third living area and great July 4th fireworks seating and viewing for guests.
Unit Size
3,040 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$477
Property Type
House
Property Taxes
-
HOA Dues
$67
Year Built
1994

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Last updated: 5 months ago (NTREIS #14558956)

Price History

Date / Event Date Event Price
Oct 8, 2022 No longer available -
No longer available
Oct 7, 2022 Sold
Sold
Sep 15, 2022 In contract -
In contract
Sep 7, 2022 No longer available -
No longer available
Jul 15, 2022 Listed by Compass RE Texas, LLC. $2,150,000
Listed by Compass RE Texas, LLC.
This updated home in Gaines Bend (with SHORT TERM RENTAL opportunity!) checks all the boxes: lakefront, dock, expansive views, ample indoor and outdoor living space, guest house and a great floor plan. Updates include new bathrooms with walk-in marble showers, quartz countertops, and double vanities, shiplapped walls and fresh white paint, ceramic tile flooring, nickel fixtures. Blink safety cameras, USB and power plugs in bedrooms, new wifi controlled garage door opener and more. The family room with vaulted ceilings is open to the kitchen and dining area. Doors in the spacious primary suite open to a covered patio. Secondary bedrooms with jack-n-jill bath. Main house features 3 bedrooms, 2.5 baths while the bunkhouse provides an additional bedroom, bathroom and living space. Enjoy sunset views of Hell's Gate from the oversized patio with fireplace. The two-level, private, deep-water boat dock with lift serves as an additional living area. SOLD FULLY FURNISHED. The manager has listed the unit size as 3040 square feet.
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • 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: 528
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,121
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,040
  • Gross Building Area: 3,040
  • Building Area: 3,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,040
  • 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: 0000000944
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: GAINES BEND PK LAKE BLK 1 LOTS 213 & S/2 OF 212 DEEDED LAND G#G0050-00-00010-213-00-0

Neighborhood

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

Geography

  • Account Number: R000016487
  • Parcel: 125640000
  • Block: 1
  • Lot: 213
  • Municipality: GRAFORD
  • Latitude: 32.866
  • Longitude: -98.4631

    Address

  • Full Address: 1011 Mesquite Rdg
  • Address - House Number: 1011
  • 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: $2,175,359
  • Tax Rate Code Area: CAD 182 PP

    Appraisal Valuation

  • Standard Deviation: 0.4536
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 1,157,661
  • High Value: 1,682,805
  • Low Value: 632,516

    Market Valuation

  • Market Total Value: $1,604,440
  • Market Land Value: $533,350
  • Market Improvement Value: $1,071,090

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,604,440
  • Assessed Land Value: $533,350
  • Assessed Improvements Value: $1,071,090

    Sales

  • Current Sale Contract Date: Oct 14, 2022
  • Current Sale Recording Date: Oct 18, 2022
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7272
  • Previous Sale Recording Date: Jun 22, 2021
  • Previous Sale Contract Date: Jun 18, 2021
  • Previous Sale Amount: $1,414,300
  • 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


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 1011 Mesquite Ridge built and last sold?
The property at 1011 Mesquite Ridge was built in 1994 and last sold on Oct 14, 2022 for $2,021,600.
How much is this home worth?
The estimated value of the home located at 1011 Mesquite Ridge is $2,074,965.
What are some comparable homes to 1011 Mesquite Ridge?
There are currently no comparable homes to 1011 Mesquite Ridge.