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Palo Pinto 76449
1023 Agarita Circle
$1,750,000
● House - Off Market

1023 Agarita Circle

Possum Kingdom Lake, TX 76449
bedrooms
5 Beds
bathrooms
4 Baths
square feet
3,291 Ft²
$2,014,561
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Agarita Circle is a most sought-after area with super deep lakefront estates but with large gentle sloped yards. This landmark estate has lush lawn, huge canopy of old oaks, and the best lake views ever with a nice double decker dock w 80 ft water depth!  Brick single-story main home and separate guest house were made for entertaining large families, TURNKEY property set up to comfortably sleep and entertain up to 24 guests. Outdoor kitchen, scenic veranda, putting green, fire pits, heated wading pool, and ample covered parking.  Gated private drive in secure community of Gaines Bend. This is the lake location and park like setting for the most discriminating Buyer. Check out the Video! agarita.info
Unit Size
3,291 Ft²
Days on Market
-
Land Size
0.74 acres
Price per sqft
$544
Property Type
House
Property Taxes
-
HOA Dues
$67
Year Built
1975

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Cap Rate Calculator

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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: 5 months ago (NTREIS #14421755)

Price History

Date / Event Date Event Price
Oct 6, 2021 Sold
Premium
Sold
Aug 27, 2020 Listed by Possum Kingdom Real Estate $1,790,000
Listed by Possum Kingdom Real Estate
Agarita Circle is a most sought-after area with super deep lakefront estates but with large gentle sloped yards. This landmark estate has lush lawn, huge canopy of old oaks, and the best lake views ever with a nice double decker dock w 80 ft water depth! Brick single-story main home and separate guest house were made for entertaining large families, TURNKEY property set up to comfortably sleep and entertain up to 24 guests. Outdoor kitchen, scenic veranda, putting green, fire pits, heated wading pool, and ample covered parking. Gated private drive in secure community of Gaines Bend. This is the lake location and park like setting for the most discriminating Buyer. Check out the Video! agarita.info

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • 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: 3
  • Garage Square Area: 810
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,147
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,291
  • Gross Building Area: 3,291
  • Building Area: 3,291
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,291
  • 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: 0000000738
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: GAINES BEND PK LAKE BLK 1 LOT 173 DEEDED LAND G#G0050-00-00010-173-00-0

Neighborhood

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

Geography

  • Account Number: R000016461
  • Parcel: 125470000
  • Block: 1
  • Lot: 173
  • Municipality: GRAFORD
  • Latitude: 32.8737
  • Longitude: -98.4719

    Address

  • Full Address: 1023 Agarita Cir
  • Address - House Number: 1023
  • Address - Street Name: Agarita
  • Address - Suffix Type: Cir
  • State: TX
  • City Name: Graford
  • Carrier Code: H051
  • 4-Digit Zip Code: 4503
  • Zip Code: 76449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,248,467
  • Tax Rate Code Area: CAD 182 PP

    Appraisal Valuation

  • Standard Deviation: 0.4536
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 1,195,193
  • High Value: 1,737,362
  • Low Value: 653,023

    Market Valuation

  • Market Total Value: $1,658,360
  • Market Land Value: $524,380
  • Market Improvement Value: $1,133,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,658,360
  • Assessed Land Value: $524,380
  • Assessed Improvements Value: $1,133,980

    Sales

  • Current Sale Contract Date: May 15, 2012
  • Current Sale Recording Date: May 16, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2012-00002816
  • Previous Sale Recording Date: May 16, 2012
  • Previous Sale Contract Date: May 15, 2012
  • Previous Sale Amount: $865,300
  • Previous Sale Document Type: 70

    Financing

  • First Mortgage Financing Type: ADJ
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:

$395,000

Sale Price/ft²

$220

Below Asking

0.03%

Average Days on Market

87

Average Home Size

2310 ft²

Average Home Age

-

Currently For Sale

287 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

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

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Keith Hanssen, Possum Kingdom Real Estate
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14421755
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1023 Agarita Circle built and last sold?
The property at 1023 Agarita Circle was built in 1975 and last sold on May 15, 2012 for $865,300.
How much is this home worth?
The estimated value of the home located at 1023 Agarita Circle is $1,807,900.
What are some comparable homes to 1023 Agarita Circle?
There are currently no comparable homes to 1023 Agarita Circle.
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