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Palo Pinto 76449
1651 Cedar Crest Loop
$1,019,267
● House - Off Market

1651 Cedar Crest Loop

Possum Kingdom Lake, TX 76449
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,514 Ft²
$6,700
Est. Monthly
0.55%
Cap Rate

About This Property

PRIME PK PENINSULA, 30' DEEP WATER, FURNISHED, 3bd,2ba, LAKE HOME with a Covered DOCK, BOATHOUSE, WORKSHOP, & OUTDOOR KITCHEN with DINING AREA. This Light & Bright, Open Concept Design Living Floor Plan, Charming Lake Cabin, is TURN KEY ready for your all your PK lake fun and entertaining, & has Panoramic Lake ViIEWS from the Large Picture Windows, & the Covered Porch. This is the BEST of Lake Living at PK, and the perfect spot to enjoy the Spectacular PK Sunsets & Sunrises. The Covered Outdoor Kitchen features top of the line built in BBQ Grill, Bar Fridge, Sink, Griddle, Double Burner, an Alfresca Versa Cooker, & Smoker, with plenty of Bar Seating, plus Dining Area Table & Chairs as well. The Enclosed Boat House with Rail System is so convenient to store your boat, & the Seadoos currently they are also included in the sale. The Boat Dock has a single slip with mooring whips. The Workshop has Tools, and Equipment that may also convey with an acceptable Offer. Perfect setup for VRBO&Airbnb Rentals.All this Conveniently Located close to Dining, Shopping and Amenities on the Peninsula, and the Scenic Hiking & Biking Trails as well. Plus its only a short ride to the Famous Hells Gate by car or boat, and the Amenities on the Eastside of PK as well. Your PK Lake Adventure awaits....
Unit Size
1,514 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$727
Property Type
House
Property Taxes
$1,299
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

Last updated: 2 years ago (NTREIS #20781944)

Price History

Date / Event Date Event Price
Mar 6, 2025 Sold
Sold
Feb 2, 2025 In contract -
In contract
Nov 30, 2024 No longer available -
No longer available
Nov 30, 2024 Listed by Century 21 Mike Bowman, Inc. $1,100,000
Listed by Century 21 Mike Bowman, Inc.
Sep 6, 2024 Listed by Possum Kingdom Real Estate $1,100,000
Listed by Possum Kingdom Real Estate
PRIME LAKE LOCATION. Huge pristine views of Possum Kingdom Lake's most famous natural habitats and Palo Pinto Mountains across huge open lake! Over 30 feet deep under Covered Boat Dock. Panoramic views from large windows inside this charming 3 Bedroom 2 Bathroom Cabin with relaxing covered porch. Guests will love Outdoor Gourmet Kitchen featuring top of the line Grill, Bar Fridge, Sink, Griddle, Double Burner, an Alfresco Versa Cooker, & Smoker, with plenty of Bar Seating, plus Dining Area. The Enclosed Boat House with Rail System is so convenient to store your boat and lake toys. The Workshop has tools, and equipment that may also convey with an acceptable Offer. This is the BEST of Lake Living at PK, and a wonderful place to enjoy the spectacular PK sunsets. Perfect turnkey furnished property for Short Term Rentals on the popular Peninsula with restaurants, marinas and shops. See the tour by visiting CEDARCRESTPK. C O M
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Property Highlights

Parking Available
Air Conditioning

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: 16,117
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,602
  • Gross Building Area: 2,602
  • Building Area: 2,602
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,602
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONSTANTIN PK LAKE
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: CONSTANTIN PK LAKE LOT 17R (AKA LOT S/2 OF 135 & 136) 231 SQ FT IN RD RIGHT OF WAY G#C0550-00-00000-136-01-0

Neighborhood

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

Geography

  • Account Number: R000014962
  • Parcel: 113790000
  • Lot: 17R
  • Municipality: GRAFORD
  • Latitude: 32.8968
  • Longitude: -98.4462

    Address

  • Full Address: 1651 Cedar Crest Loop
  • Address - House Number: 1651
  • Address - Street Name: Cedar Crest
  • Address - Suffix Type: Loop
  • State: TX
  • City Name: Graford
  • Carrier Code: H051
  • 4-Digit Zip Code: 3190
  • Zip Code: 76449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,216,193
  • Tax Rate Code Area: CAD 182 GR

    Appraisal Valuation

  • Standard Deviation: 0.1927
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 1,069,288
  • High Value: 1,275,437
  • Low Value: 863,139

    Market Valuation

  • Market Total Value: $824,070
  • Market Land Value: $409,570
  • Market Improvement Value: $414,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $824,070
  • Assessed Land Value: $409,570
  • Assessed Improvements Value: $414,500
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

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Frequently Asked Questions

When was property at 1651 Cedar Crest Loop built and last sold?
The property at 1651 Cedar Crest Loop was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1651 Cedar Crest Loop is $1,072,523.
What are some comparable homes to 1651 Cedar Crest Loop?
There are currently no comparable homes to 1651 Cedar Crest Loop.