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Palo Pinto 76449
1505 McAdams Road
$625,000
● House - Off Market

1505 McAdams Road

Possum Kingdom Lake, TX 76449
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,107 Ft²
$3,315
Est. Monthly

About This Property

Nestled in a quiet lakefront cove on the highly coveted peninsula, this charming home built in 1960, offers timeless character, generous space and a setting that makes everyday life feel like a getaway. With calm water, beautiful views, and a large yard perfect for entertaining, relaxing, or expanding outdoor living, this property captures the true lake lifestyle buyers are searching for. Quaint in charm yet roomy in layout, the home features inviting living areas and a comfortable flow ideal for gatherings, weekend retreats, or full time living.  The peaceful cove location provides added privacy while still being conveniently close to dining, marinas and local attractions on the peninsula. An added bonus this property is well suited for use as a short term rental, creating an excellent opportunity for income potential alongside personal enjoyment.  Whether you're looking for a private escape, an investment property, or both; this lake front gem delivers location, flexibility, and undeniable appeal.
Unit Size
2,107 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$320
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960

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Last updated: 2 months ago (NTREIS #21179475)

Price History

Date / Event Date Event Price
Aug 7, 2026 Sold
Sold
Jul 10, 2026 In contract -
In contract
Jul 1, 2026 Price Decreased $675,000
↓ $24K (3.4%)
Price Decreased
Jun 3, 2026 Price Decreased $699,000
↓ $26K (3.6%)
Price Decreased
May 21, 2026 Price Decreased $725,000
↓ $25K (3.3%)
Price Decreased
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Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 15,856
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,107
  • Gross Building Area: 2,107
  • Building Area: 2,107
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,107
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONSTANTIN PK LAKE
  • Land Acres: 0000000364
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: CONSTANTIN PK LAKE LOT 12 G#C0550-00-00000-012-01-0

Neighborhood

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

Geography

  • Account Number: R000014908
  • Parcel: 113270000
  • Lot: 12
  • Municipality: GRAFORD
  • Latitude: 32.9037
  • Longitude: -98.4385

    Address

  • Full Address: 1505 Mcadams Rd
  • Address - House Number: 1505
  • Address - Street Name: Mcadams
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Graford
  • Zip Code: 76449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $998,300
  • Tax Rate Code Area: CAD 182 GR

    Appraisal Valuation

  • Standard Deviation: 0.4536
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 511,715
  • High Value: 743,841
  • Low Value: 279,588

    Market Valuation

  • Market Total Value: $676,430
  • Market Land Value: $407,420
  • Market Improvement Value: $269,010

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $676,430
  • Assessed Land Value: $407,420
  • Assessed Improvements Value: $269,010

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: May 03, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3193
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 1505 McAdams Road built and last sold?
The property at 1505 McAdams Road was built in 1960 and last sold on Apr 29, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 1505 McAdams Road is $719,397.
What are some comparable homes to 1505 McAdams Road?
There are currently no comparable homes to 1505 McAdams Road.