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Palo Pinto 76449
2150 Clearview Cove Drive
$1,887,500
● House - Off Market

2150 Clearview Cove Drive

Graford, TX 76449
bedrooms
5 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
5,015 Ft²
$2,158,862
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

NEW LAKEFRONT CONSTRUCTION! 3 story house with an elevator for ease.  This house allows a bunk room & game on the first floor for kids, 4 beds and 4 baths on floor 2, and open kitchen, dining, and living on the 3rd floor with power views of Possum Kingdom Lake.  Over 1,000 sq ft of porch takes living to a whole new level.  Enjoy all of the amenities that make the Harbor one of the best lake front communities in Texas.  Community events, Full time Concierge, gate attendants, summer dive in movies, fitness center, spa, tennis court, volleyball, stocked fishing ponds, and a lot more.  Steps away from Patterson PK Marina makes this place hard to beat!
Unit Size
5,015 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$418
Property Type
House
Property Taxes
$1
HOA Dues
$963
Year Built
2021

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 years ago (NTREIS #20246010)

Price History

Date / Event Date Event Price
Mar 15, 2023 Sold
Premium
Sold
Jan 25, 2023 Listed by Century 21 Mike Bowman, Inc. $2,095,000
Listed by Century 21 Mike Bowman, Inc.

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace
Elevator
Doorman

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • 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: 617
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,990
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,983
  • Gross Building Area: 4,983
  • Building Area: 4,983
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 4,983
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILL COUNTRY HARBOR THE POINTE
  • Land Acres: 0000000413
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: HILL COUNTRY HARBOR THE POINTE BLK A LOT 33-R (REPLAT-BEING PT OF 32R & UA-3R) G#HCH00-1A-00A00-033-0R-0

Neighborhood

  • School Tax School District: GRI HPD WSD1
  • Census Tract: 000100

Geography

  • Account Number: R000565817
  • Parcel: 136777777
  • Block: A
  • Lot: 33-R
  • Municipality: GRAFORD
  • Latitude: 32.8787
  • Longitude: -98.4445

    Address

  • Full Address: 2150 Clearview Cove Dr
  • Address - House Number: 2150
  • Address - Street Name: Clearview Cove
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Graford
  • Zip Code: 76449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,310,499
  • Tax Rate Code Area: CAD 182 GR

    Appraisal Valuation

  • Standard Deviation: 0.2636
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 1,895,463
  • High Value: 2,395,153
  • Low Value: 1,395,773

    Market Valuation

  • Market Total Value: $1,700,450
  • Market Land Value: $143,920
  • Market Improvement Value: $1,556,530

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,700,450
  • Assessed Land Value: $143,920
  • Assessed Improvements Value: $1,556,530

    Sales

  • Current Sale Contract Date: Mar 15, 2023
  • Current Sale Recording Date: Mar 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1318

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Palo Pinto

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$223

Below Asking

0.03%

Average Days on Market

84

Average Home Size

2199 ft²

Average Home Age

-

Currently For Sale

294 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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NTREIS

Listed by: Grant May, Century 21 Mike Bowman, Inc.
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20246010
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2150 Clearview Cove Drive built and last sold?
The property at 2150 Clearview Cove Drive was built in 2021 and last sold on Mar 15, 2023 for $1,915,200.
How much is this home worth?
The estimated value of the home located at 2150 Clearview Cove Drive is $2,115,950.
What are some comparable homes to 2150 Clearview Cove Drive?
There are currently no comparable homes to 2150 Clearview Cove Drive.
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