$15,000
●
Land -
Off Market
110 Coghill Drive
Possum Kingdom Lake, TX 76449
Studio
0 Bath
$17,337
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Water view lot backing up to the 13th hole on The Cliffs Golf
Course. This is one of a very few that has water view, golf course
view & green belt views. The lot has been cleared, is level with a
slight slope away from the roadway toward the golf course. Water,
electric & sewer are all currently available at the front of the
lot. Build your retirement home or weekender on this minimal
maintenance lot & enjoy all the amenities The Cliffs has to offer.
36 free rounds of golf, discounts at the Cliffs Restaurant, Spa,
Hotel & Marina. Just 90 minutes from Fort Worth, Abilene & Wichita
Falls, this centrally located property has been described in
magazines as the Hill Country of North Texa. Come see for yourself.
Unit Size
-
Days on Market
-
Land Size
0.10 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$500
Year Built
2022
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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: 6 months ago (NTREIS #14485937)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Oct 7, 2025 | In contract | - | |
| In contract | |||
| Jun 16, 2025 | Price Decreased |
$795,000
↓ $24K
(2.9%) | |
| Price Decreased | |||
| May 20, 2025 | Price Decreased |
$819,000
↓ $146K
(15.1%) | |
| Price Decreased | |||
| Mar 31, 2025 | Listed by Berkshire HathawayHS Pondera | $965,000 | |
| Listed by Berkshire HathawayHS Pondera | |||
| | |||
|
MOTIVATED SELLER: Fully furnished Custom Built Lake House in The Cliffs Resort. This large home sits on the Champions Golf Course in The Cliffs Resort while also boasting a lake view.
The home was built to provide each resident with their own master bedroom and full bathrooms. Custom Showers built with pebbles to make your guests feel beachy. You will be in awe while enjoying the sunsets or watching the golfers swing on one of your two 451 sq-ft patios. You read that correct, 902 sq-ft of patio enjoyment with this house. With a less than one minute drive to the docks and the boat ramp, you will be on the lake in no time. Enjoy the golf course as your personal back yard while you feed the white tail deer's that roam this property. Bring your golf clubs and your boat to enjoy this beautiful home on one of the most beautiful lakes in Texas.
Resort includes a spa, weight rooms, 3 pools, Championship Golf Course, restaurant and bar.
| |||
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About Palo Pinto
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Listed by: Ric Hayward, Coldwell Banker Realty
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14485937
Details provided by NTREIS and may not match the public record
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14485937
Details provided by NTREIS and may not match the public record
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