$17,000
●
Land -
Off Market
lot 205 Harbour Town Drive
Possum Kingdom Lake, TX 76449
Studio
0 Bath
$21,075
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
How does a resort setting on a quiet street with lake views out the
front and back sound to build your dream home? Look no
further! Perfect location super close to the Cliffs Marina and
amenity village. This location also has some of the highest points
in the Cliffs to give you the best views above everyone else!
Beautiful homes already in the area, yours is next, but no time in
which you have to build. Come out and see why the Cliffs is so
popular, 36 free rounds of golf with ownership, two pools, spa, bar
and grill on site, tennis or pickle ball and hotel for your
convenience. You have waited long enough, time to enjoy what
beautiful Possum Kingdom Lake and The Cliffs has to offer!
Unit Size
-
Days on Market
-
Land Size
0.26 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$1,000
Year Built
-
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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: 5 months ago (NTREIS #14609050)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 27, 2025 | In contract | - | |
| In contract | |||
| Oct 12, 2024 | Listed by Century 21 Mike Bowman, Inc. | $35,000 | |
| Listed by Century 21 Mike Bowman, Inc. | |||
| | |||
|
Potential lake views from a second floor. Mostly level lot, making it easier to start your new build. Located in the prime area between the marina and the clubhouse, restaurant, and pools. Ownership gives access to many amenities; 18-hole Championship Golf Course, Chaparral Grille and Spurs Bar, Marina and Ship Store, Conference Center, Fitness Center, 2 Swimming Pools, Tennis Courts, Playground, Parks and more. Owners receive 36 complimentary rounds of golf per year. This is a gated and guarded community, so contact an agent to schedule a time to get access and tour The Cliffs Resort.
| |||
| Oct 1, 2024 | No longer available | - | |
| No longer available | |||
| Feb 23, 2023 | Listed by Possum Kingdom Real Estate | $35,000 | |
| Listed by Possum Kingdom Real Estate | |||
| | |||
|
HILLTOP WATER VIEW PROPERTY!! This flat property has minimal brush as it was cleared not too long ago. Great opportunity to start building a home on quickly. Look over the tops of houses down the hillside and see the water below. Could also have a potentially a lake view from second story of the FRONT AND BACK of the house as well with right builder. Ownership gives you 36 rounds of golf on Texas's Championship golf course annually. Also grants access to club house, fitness center, restaurant, marina, 2 pools, boat launch, and much much more. This is a gated and guarded community, so contact a local agent to schedule a time to come see this property and one of Texas's most beautiful a lakes.
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About Palo Pinto
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Listed by: Jan Johanson, eXp Realty LLC
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14609050
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14609050
Details provided by NTREIS and may not match the public record
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