For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Palo Pinto 76449
1019 Pecan Ridge
$385,000
● Land - Off Market

1019 Pecan Ridge

Possum Kingdom Lake, TX 76449
bedrooms
Studio
bathrooms
0 Bath
$520,442
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

ESTATE SIZED HOME SITE! Almost one acre with a very unique lakefront with 150 ft of shoreline that includes a recessed inlet area that will help create a great landing for you to engineer a new walkway or tram to your new super deep water boat dock. Exhilarating sunset filled panoramic views spanning an extensive portion of PK Lake's clearest, deepest and bluest waters, and it even includes a view of Hell's Gate, and Camp Grady Spruce. Gaines Bend is a private gated community with great amenities including a boat ramp, courtesy boat slips, and recreational common grounds.
Unit Size
-
Days on Market
-
Land Size
0.97 acres
Price per sqft
-
Property Type
Land
Property Taxes
$546
HOA Dues
$67
Year Built
2022

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 3 years ago (NTREIS #14175713)

Price History

Date / Event Date Event Price
Sep 21, 2020 Sold
Premium
Sold
Sep 2, 2019 Listed by Possum Kingdom Real Estate $385,000
Listed by Possum Kingdom Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • 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: 7
  • Garage Square Area: 1,338
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,297
  • Lot Size Frontage Feet: 0
  • Total Building Area: 8,221
  • Building Area: 8,221
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 8,221
  • 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: 0000000971
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: GAINES BEND PK LAKE BLK 1 LOTS 229 & N/2 OF 230 DEEDED LAND ONLY G#G0050-00-00010-229-00-0

Neighborhood

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

Geography

  • Account Number: R000016498
  • Parcel: 125720100
  • Block: 1
  • Lot: 229
  • Municipality: GRAFORD
  • Latitude: 32.8621
  • Longitude: -98.4634

    Address

  • Full Address: 1019 Pecan Rdgs
  • Address - House Number: 1019
  • Address - Street Name: Pecan
  • Address - Suffix Type: Rdgs
  • State: TX
  • City Name: Graford
  • Carrier Code: H051
  • 4-Digit Zip Code: 4582
  • Zip Code: 76449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,914,654
  • Tax Rate Code Area: CAD 182 PP

    Appraisal Valuation

  • Standard Deviation: 0.4536
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 2,050,575
  • High Value: 2,980,767
  • Low Value: 1,120,382

    Market Valuation

  • Market Total Value: $2,887,260
  • Market Land Value: $534,530
  • Market Improvement Value: $2,352,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,887,260
  • Assessed Land Value: $534,530
  • Assessed Improvements Value: $2,352,730

    Sales

  • Current Sale Contract Date: Dec 01, 2020
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5354
  • Previous Sale Recording Date: Jul 15, 2015
  • Previous Sale Contract Date: Jul 13, 2015
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Palo Pinto

Stats & Trends

Median Asking:

$399,000

Sale Price/ft²

$221

Below Asking

0.03%

Average Days on Market

87

Average Home Size

2282 ft²

Average Home Age

-

Currently For Sale

292 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Keith Hanssen, Possum Kingdom Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14175713
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1019 Pecan Ridge built and last sold?
The property at 1019 Pecan Ridge was built in 2022 and last sold on Dec 1, 2020 for $0.
How much is this home worth?
The estimated value of the home located at 1019 Pecan Ridge is $0.
What are some comparable homes to 1019 Pecan Ridge?
There are currently no comparable homes to 1019 Pecan Ridge.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Strawn-Gordon Homes for Sale
Strawn-Gordon Houses for Sale
Strawn-Gordon Condos for Sale
Strawn-Gordon Townhouses for Sale
Strawn-Gordon Land for Sale
Strawn-Gordon Commercial for Sale
Strawn-Gordon Homes with Basements
Strawn-Gordon Homes with Pools
Nearby Cities
Stephenville Homes for Sale
Mineral Wells Homes for Sale
Graham Homes for Sale
Breckenridge Homes for Sale
Eastland Homes for Sale
Jacksboro Homes for Sale
Ranger Homes for Sale
Lipan Homes for Sale
Nearby Property Records
Palo Pinto County, TX Property Records
Stephens County, TX Property Records
Eastland County, TX Property Records
Parker County, TX Property Records
Erath County, TX Property Records
Hood County, TX Property Records
Young County, TX Property Records
Jack County, TX Property Records
Nearby Counties
Stephenville Homes for Sale
Mineral Wells Homes for Sale
Graford Homes for Sale
Graham Homes for Sale
Morgan Mill-Bluff Dale Homes for Sale
Breckenridge North Homes for Sale
Palo Pinto-Santo Homes for Sale
Eastland Homes for Sale
Top Real Estate Agents
Top Agents in Strawn-Gordon
Top Agents in 76401
Top Agents in Stephenville
Top Agents in 76067
Top Agents in 76449
Top Agents in Mineral Wells
Top Agents in Stephenville
Top Agents in Mineral Wells