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Palo Pinto 76449
1121 Winchester Way
$142,500
● Land - Off Market

1121 Winchester Way

Possum Kingdom Lake, TX 76449
bedrooms
Studio
bathrooms
0 Bath
$221,848
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

This 3.262 acre Lake front homesite located in The Ranch allows you to peacefully soak in the beauty of nature while you enjoy all the amenities of this premier gated community. Choose to relax by the Million Dollar Swimming Hole or explore one of the trails by bike or horseback. The Ranch amenities include a first-class Equestrian Center, Million-Dollar Swimming Hole, 1100 acres of common area, and more! Hike, bike, horseback, boat...relax!
Unit Size
-
Days on Market
-
Land Size
3.27 acres
Price per sqft
-
Property Type
Land
Property Taxes
$276
HOA Dues
$433
Year Built
-

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Cap Rate Calculator

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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: 3 years ago (NTREIS #13873021)

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jul 9, 2020 Sold
Premium
Sold
Jul 3, 2020 In contract -
In contract
Jul 2, 2020 No longer available -
No longer available
Sep 6, 2018 Listed $160,000
Listed
This 3.262 acre Lake front homesite located in The Ranch allows you to peacefully soak in the beauty of nature while you enjoy all the amenities of this premier gated community. Choose to relax by the Million Dollar Swimming Hole or explore one of the trails by bike or horseback. The Ranch amenities include a first-class Equestrian Center, Million-Dollar Swimming Hole, 1100 acres of common area, and more! Hike, bike, horseback, boat...relax!
Show More

Property Highlights

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: 142,223
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: THE RANCH
  • Land Acres: 0000003265
  • Standard Land Use Code: 8001
  • County Land Use Code: C1
  • Legal Description 1: THE RANCH BLK C LOT C-4 (DEEDED 3.076 AC & FERC .189 AC) G#R0225-01-000C0-004-00-0

Neighborhood

  • School District Name: Mineral Wells Independent School District
  • School Tax School District: GRI HPD ESD1
  • Census Tract: 000100

Geography

  • Account Number: R000024297
  • Parcel: 200650740
  • Block: C
  • Lot: C-4
  • Municipality: GRAFORD
  • Latitude: 32.873
  • Longitude: -98.4376

    Address

  • Full Address: 1121 Winchester Way
  • Address - House Number: 1121
  • Address - Street Name: Winchester
  • Address - Suffix Type: Way
  • State: TX
  • City Name: Graford
  • Carrier Code: H051
  • 4-Digit Zip Code: 6081
  • Zip Code: 76449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $515,598
  • Tax Rate Code Area: CAD 182 GR

    Market Valuation

  • Market Total Value: $349,360
  • Market Land Value: $349,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $349,360
  • Assessed Land Value: $349,360

    Sales

  • Current Sale Contract Date: Aug 25, 2011
  • Current Sale Recording Date: Aug 30, 2011
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2011-00007028
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

2278 ft²

Average Home Age

-

Currently For Sale

293 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

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NTREIS

Listed by: Keith Hanssen, Possum Kingdom Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 13873021
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1121 Winchester Way built and last sold?
The property at 1121 Winchester Way was built in and last sold on Aug 25, 2011 for $0.
How much is this home worth?
The estimated value of the home located at 1121 Winchester Way is $0.
What are some comparable homes to 1121 Winchester Way?
There are currently no comparable homes to 1121 Winchester Way.
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