See Home Value
Palo Pinto 76449
1231 Rawhide Ridge
$700,000
● House - Off Market

1231 Rawhide Ridge

Possum Kingdom Lake, TX 76449
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,342 Ft²
$4,154
Est. Monthly
$83
HOA / Fees
2.34%
Cap Rate

About This Property

Welcome to an impeccably maintained custom designer home nestled within the prestigious gated community of Gaines Bend! Set on an elevated lot, this stunning property offers breathtaking views, allowing you to savor the spectacular sunrises and sunsets that Possum Kingdom Lake is famous for.

Every detail of this exquisite home has been thoughtfully considered, creating a perfect blend of luxury and comfort. Lakeside porches beckon family and friends to unwind and soak in the serene surroundings, making it an ideal retreat for relaxation and entertainment.

Step inside to discover a harmonious blend of style and functionality, featuring gorgeous wood floors, elegant granite countertops, and beautiful travertine tile throughout. The open-concept living spaces are designed for comfortable lake-style living, perfect for hosting gatherings or enjoying quiet evenings by the water.

The fenced backyard ensures your four-legged companions can join in on the lake life, offering plenty of room for play and exploration. With direct access to the beauty and recreation of Possum Kingdom Lake, this home is a true haven for outdoor enthusiasts.

Don't miss your chance to own this remarkable property, where luxury and nature unite to create a truly unforgettable lakeside lifestyle!
Unit Size
2,342 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$354
Property Type
House
Property Taxes
-
HOA Dues
$83
Year Built
2012

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Last updated: 5 months ago (NTREIS #20787131)

Price History

Date / Event Date Event Price
May 22, 2026 Sold
Sold
Apr 10, 2026 In contract -
In contract
Feb 3, 2026 Price Decreased $829,000
↓ $20K (2.4%)
Price Decreased
Oct 21, 2025 Price Decreased $849,000
↓ $30K (3.4%)
Price Decreased
Nov 28, 2024 Listed by Possum Kingdom Real Estate $879,000
Listed by Possum Kingdom Real Estate
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • 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: 529
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,293
  • Total Building Area: 2,342
  • Gross Building Area: 2,342
  • Building Area: 2,342
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,342
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GAINES BEND PK LAKE PH 1
  • Land Acres: 0000000397
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: GAINES BEND PK LAKE PH 1 BLK 3 LOT 16

Neighborhood

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

Geography

  • Account Number: R000036381
  • Subdivision Phase Number: 1
  • Parcel: 300000800
  • Block: 3
  • Lot: 16
  • Municipality: GRAFORD
  • Latitude: 32.853
  • Longitude: -98.4553

    Address

  • Full Address: 1231 Rawhide Rdg
  • Address - House Number: 1231
  • Address - Street Name: Rawhide
  • Address - Suffix Type: Rdg
  • State: TX
  • City Name: Graford
  • Zip Code: 76449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $720,777
  • Tax Rate Code Area: CAD 182 PP

    Appraisal Valuation

  • Standard Deviation: 0.4536
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 513,309
  • High Value: 746,158
  • Low Value: 280,459

    Market Valuation

  • Market Total Value: $531,610
  • Market Land Value: $66,580
  • Market Improvement Value: $465,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $531,610
  • Assessed Land Value: $66,580
  • Assessed Improvements Value: $465,030

    Sales

  • Current Sale Contract Date: Sep 01, 2020
  • Current Sale Recording Date: Sep 14, 2020
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020-00005099
  • Previous Sale Recording Date: Oct 09, 2019
  • Previous Sale Contract Date: Oct 04, 2019
  • Previous Sale Amount: $384,100
  • Previous Sale Document Type: 40
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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Frequently Asked Questions

When was property at 1231 Rawhide Ridge built and last sold?
The property at 1231 Rawhide Ridge was built in 2012 and last sold on Sep 1, 2020 for $560,700.
How much is this home worth?
The estimated value of the home located at 1231 Rawhide Ridge is $0.
What are some comparable homes to 1231 Rawhide Ridge?
There are currently no comparable homes to 1231 Rawhide Ridge.