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Palo Pinto 76449
1023 Cardinal Cove
$690,000
● Land - Off Market

1023 Cardinal Cove

Possum Kingdom Lake, TX 76449
bedrooms
Studio
bathrooms
0 Bath
$809,036
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Great building site available in a peaceful cove in the highly desirable Gaines Bend development at Possum Kingdom Lake  One of the last of its kind!  Site has existing rock work, retaining walls, and rock columns in place.  This beautiful lot is in dock-approved area of the lake.   This cove n Gaines Bend is perfect for families with kids and grandkids.  Lot is nearly a half-acre and is level with the water.  Build the home of your dreams and start making family memories in one of PK's premier neighborhoods
Unit Size
-
Days on Market
-
Land Size
0.41 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$67
Year Built
2021

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Last updated: 5 months ago (NTREIS #14413135)

Price History

Date / Event Date Event Price
Apr 18, 2025 Sold
Sold
Mar 10, 2025 In contract -
In contract
Feb 20, 2025 Listed by The Brokerage Residential LLC $2,550,000
Listed by The Brokerage Residential LLC
Welcome to your dream lakefront home! This stunning new property boasts a modern open floor plan that seamlessly blends luxury, comfort, and tranquility. Nestled in a quiet cove, it features a private dock, a sparkling pool, and a basketball court—perfect for an active family seeking the ideal home away from home. As you walk through the front door, your eyes will be drawn to the wall of glass that frames a breathtaking view of the serene swimming pool and the calm lake beyond. The open concept living, dining, and kitchen area is bright and welcoming, offering a perfect space to unwind after a long day. Two large glass sliders lead to a spacious outdoor patio with vaulted wood plank ceilings. Here, you can enjoy your favorite sporting events on the large outdoor TV while grilling or lounging by the pool. Dine or play cards at the large round outdoor table, all while taking in the stunning views. The master suite is a sanctuary with a wall of windows overlooking the pool, basketball court, and quiet cove. Wake up to beautiful sunrises over the cliff wall from the comfort of your bed. The master bathroom features two separate vanities, a soaking tub, a walk-in shower, and a separate toilet room. A second king bedroom is located next to a full bathroom with a walk-in shower, while two additional bedrooms each feature two queen beds and share a bathroom with a double vanity, walk-in shower, and separate toilet area. The two-car garage with separate access to the upstairs suite with two queen beds and a full bathroom is approximately 420 additional sqft, making the property a 5 bedroom, 4 bath. This beautiful home offers everything you need for a life of luxury and relaxation by the lake. Don’t miss the opportunity to make it yours!
Jul 16, 2021 Sold
Sold
Aug 28, 2020 Listed by Berkshire HathawayHS Pondera $700,000
Listed by Berkshire HathawayHS Pondera
Great building site available in a peaceful cove in the highly desirable Gaines Bend development at Possum Kingdom Lake One of the last of its kind! Site has existing rock work, retaining walls, and rock columns in place. This beautiful lot is in dock-approved area of the lake. This cove n Gaines Bend is perfect for families with kids and grandkids. Lot is nearly a half-acre and is level with the water. Build the home of your dreams and start making family memories in one of PK’s premier neighborhoods

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • 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: 693
  • 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: 2,408
  • Gross Building Area: 2,408
  • Building Area: 2,408
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,408
  • 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 17 G#G0050-00-00010-017-00-0

Neighborhood

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

Geography

  • Account Number: R000016341
  • Parcel: 124390000
  • Block: 1
  • Lot: 17
  • Municipality: GRAFORD
  • Latitude: 32.868
  • Longitude: -98.453

    Address

  • Full Address: 1023 Cardinal Cv
  • Address - House Number: 1023
  • Address - Street Name: Cardinal
  • Address - Suffix Type: Cv
  • State: TX
  • City Name: Graford
  • Zip Code: 76449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,213,567
  • Tax Rate Code Area: CAD 182 PP

    Appraisal Valuation

  • Standard Deviation: 0.4536
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 1,177,276
  • High Value: 1,711,318
  • Low Value: 643,233

    Market Valuation

  • Market Total Value: $1,632,620
  • Market Land Value: $357,200
  • Market Improvement Value: $1,275,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,632,620
  • Assessed Land Value: $357,200
  • Assessed Improvements Value: $1,275,420

    Sales

  • Current Sale Contract Date: Jul 16, 2021
  • Current Sale Recording Date: Jul 26, 2021
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021-00005111
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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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 1023 Cardinal Cove built and last sold?
The property at 1023 Cardinal Cove was built in 2021 and last sold on Jul 16, 2021 for $1,125,000.
How much is this home worth?
The estimated value of the home located at 1023 Cardinal Cove is $2,482,916.
What are some comparable homes to 1023 Cardinal Cove?
There are currently no comparable homes to 1023 Cardinal Cove.