See Home Value
Palo Pinto 76449
185 Oyster Bay
$565,000
● House - Off Market

185 Oyster Bay

Possum Kingdom Lake, TX 76449
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,611 Ft²
$3,449
Est. Monthly
$650
HOA / Fees

About This Property

Perched on a dramatic cliffline of Possum Kingdom Lake, this distinctive retreat lives like two homes in one-perfect for multi-generational living or hosting friends and family with extra conveniences and privacy. This clever and unique floorplan offers a cozy living (or perhaps media) space with a compact kitchen that could be used as a wet bar (perfect for game night), a primary suite with attached bathroom and a guest bedroom on the ground floor, ideal for another family, or perhaps your partner in ownership. Upstairs, the heart of the home opens to a spacious living area, full kitchen, dining area-all framed by breathtaking lake views and access to a scenic balcony. Another primary bedroom with ensuite bathroom is located here.  Enjoy an oversized driveway, low-maintenance landscaping, and most furnishings are included. Ownership also grants 36 complimentary golf rounds annually at The Cliffs championship golf course plus access to all the resort amenities: two resort-style pools, restaurant, bar, marina, beach, playground, tennis courts and a conference center for large group events--family reunions, weddings, etc.  A newly remodeled hotel can accommodate even more friends and family!  

NOTES:  

1) The vacant lot across the street was recently purchased by the homeowner next to it strictly for a privacy buffer, so there won't be a house going up on it that would block this view.  It was recently trimmed up and cleaned up and will allow the new owner of this home to see the lake better above the trees and somewhat thru the thinned trees.

2) Dining room photos and Primary Bedroom on Main Floor are virtually staged.

3) Seller is a custom home builder and has a plan in mind to add a 4th bedroom and full bathroom on the upper floor making the home appx. 3,000 sf.; cost tbd.
Unit Size
2,611 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$218
Property Type
House
Property Taxes
-
HOA Dues
$650
Year Built
2017

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Last updated: 6 months ago (NTREIS #21211266)

Price History

Date / Event Date Event Price
May 12, 2026 Sold
Sold
Apr 17, 2026 In contract -
In contract
Mar 18, 2026 Listed by Williams Trew Real Estate $569,900
Listed by Williams Trew Real Estate
Feb 21, 2026 No longer available -
No longer available
Jan 29, 2026 Listed by Possum Kingdom Real Estate $639,900
Listed by Possum Kingdom Real Estate
Experience elevated lake living at 185 Oyster Bay Drive, located in one of the most sought-after areas within The Cliffs Resort. Set high above the shimmering blue waters of Possum Kingdom Lake, this home enjoys a prime position where panoramic scenery and resort convenience come together effortlessly. From the second story, expansive lake views stretch across the horizon, offering ever-changing water colors, dramatic sunsets, and peaceful mornings that feel straight out of a postcard. Situated near the heart of the resort, you’re just moments from the VIP Marina, Pro Shop, Chaparral bar and Grill, community pools, playgrounds, and tennis and pickleball courts. Homeowners also enjoy exclusive perks including 36 complimentary rounds of golf each year and a resort-wide discount. Designed with comfort and sophistication in mind, this custom residence features high-end finishes throughout and a spacious covered balcony. Perfect for relaxing or entertaining while soaking in the breathtaking, elevated views of Possum Kingdom Lake from above. Whether you spend your days boating, fishing, kayaking, or wakeboarding, the lake lifestyle is always within reach. One of the few handicap-accessible homes in The Cliffs, this property also offers low-maintenance landscaping and iron fencing that create a serene outdoor setting where local wildlife is often seen. After a day on the water, retreat to your private sanctuary and enjoy the calm, scenic beauty that makes lake living so special. If you’ve been dreaming of owning a home at Possum Kingdom Lake, this is your opportunity to make it a reality.
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • 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: 432
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,574
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,496
  • Gross Building Area: 2,496
  • Building Area: 2,496
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,496
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLIFFS PHASE VII
  • Land Acres: 0000000105
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: CLIFFS PHASE VII LOT 124 G#C0250-07-00000-124-00-0

Neighborhood

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

Geography

  • Account Number: R000013294
  • Subdivision Phase Number: 7
  • Parcel: 110251686
  • Lot: 124
  • Municipality: GRAFORD
  • Latitude: 32.8536
  • Longitude: -98.4452

    Address

  • Full Address: 185 Oyster Bay
  • Address - House Number: 185
  • Address - Street Name: Oyster Bay
  • State: TX
  • City Name: Graford
  • Zip Code: 76449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $631,224
  • Tax Rate Code Area: CAD 182 PP

    Appraisal Valuation

  • Standard Deviation: 0.2772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 673,678
  • High Value: 860,459
  • Low Value: 486,898

    Market Valuation

  • Market Total Value: $465,560
  • Market Land Value: $36,260
  • Market Improvement Value: $429,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $465,560
  • Assessed Land Value: $36,260
  • Assessed Improvements Value: $429,300

    Sales

  • Current Sale Contract Date: Nov 11, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-00008192
  • Previous Sale Recording Date: Sep 23, 2020
  • Previous Sale Contract Date: Sep 18, 2020
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: 70
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 185 Oyster Bay built and last sold?
The property at 185 Oyster Bay was built in 2017 and last sold on Nov 11, 2021 for $0.
How much is this home worth?
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What are some comparable homes to 185 Oyster Bay?
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