See Home Value
Palo Pinto 76449
1014 Chaparrel Lane
$4,400,000
● House - Off Market

1014 Chaparrel Lane

Possum Kingdom Lake, TX 76449
bedrooms
5 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
4,881 Ft²
$24,512
Est. Monthly
$83
HOA / Fees
0.70%
Cap Rate

About This Property

Live the lake life without compromise in this modern luxury retreat at PK Lake. Expertly designed for peace of mind, all-season enjoyment, and effortless entertaining, this home offers a rare blend of innovative construction, high-end systems, and a relaxed, resort-style atmosphere. Set on a flat, family-friendly lot with turf lawn and easy water access, the home features a thoughtful floor plan that accommodates both large gatherings and quiet escapes. Adults enjoy the privacy of dual primary suites, one with a steam shower and each with its own laundry, while guests spread out across spacious indoor and outdoor living areas.  The open-concept great room flows seamlessly to the chef's kitchen with top-tier appliances, quartz, coffee and wine bar, walk-in pantry, and custom white oak cabinetry.  Upstairs, a large bonus space offers the perfect hangout for kids or teens.  The exterior is as low-maintenance as it is striking, featuring beautiful Vicwest steel siding with the warm look of wood (without the upkeep!). Real stucco and natural stone complete the exterior finish; horizontal wood-slat fencing provides privacy; and a dedicated dog run adds convenience without sacrificing style. The Aquor Water System offers a clean, leak-proof connection with freeze protection and easy winterizing.  The home features Smart Glass, Lutron lighting, Starlink, whole-house generator, manifold plumbing, clean mechanical layout, and full home automation. The oversized garage is equipped with power washer, integrated vacuum, a pass-through and is prewired for EV charging.  Outdoors, enjoy a resort-style pool with built-in seating and swim-up bar, infinity spa, fire pit, outdoor kitchen, and a  deep-water two-story dock with with lift and swim platform. Jellyfish lighting adds year-round ambiance throughout.  Located in Gaines Bend near Hell's Gate, the dam, top water sport areas, and lakefront eateries, this home was built to make lake life easy, elevated, and unforgettable.
Unit Size
4,881 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$1,019
Property Type
House
Property Taxes
-
HOA Dues
$83
Year Built
-

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Last updated: 6 months ago (NTREIS #20902264)

Price History

Date / Event Date Event Price
Apr 13, 2026 Sold
Sold
Feb 22, 2026 In contract -
In contract
Dec 6, 2025 Price Decreased $4,975,000
↓ $375K (7%)
Price Decreased
Apr 18, 2025 Listed by Berkshire HathawayHS Pondera $5,350,000
Listed by Berkshire HathawayHS Pondera

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,344
  • 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: 0000000410
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: GAINES BEND PK LAKE BLK 1 LOT 112 DEEDED LAND G#G0050-00-00010-112-00-0

Neighborhood

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

Geography

  • Account Number: R000016417
  • Parcel: 125040000
  • Block: 1
  • Lot: 112
  • Municipality: GRAFORD
  • Latitude: 32.8753
  • Longitude: -98.4632

    Address

  • Full Address: 1014 Chaparrel Ln
  • Address - House Number: 1014
  • Address - Street Name: Chaparrel
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Graford
  • Zip Code: 76449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $854,191
  • Tax Rate Code Area: CAD 182 PP

    Appraisal Valuation

  • Standard Deviation: 0.2715
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 847,644
  • High Value: 1,077,781
  • Low Value: 617,506

    Market Valuation

  • Market Total Value: $630,010
  • Market Land Value: $357,200
  • Market Improvement Value: $272,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $630,010
  • Assessed Land Value: $357,200
  • Assessed Improvements Value: $272,810

    Sales

  • Current Sale Contract Date: May 12, 2023
  • Current Sale Recording Date: May 16, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2650
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 1014 Chaparrel Lane built and last sold?
The property at 1014 Chaparrel Lane was built in and last sold on May 12, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 1014 Chaparrel Lane is $0.
What are some comparable homes to 1014 Chaparrel Lane?
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