$2,000,000
●
House -
Off Market
2443 Upper Burma Road
Graford, TX 76449
6 Beds
0 Bath
5,584 Ft²
$2,585,347
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
A beautiful estate, on a picturesque setting, with sprawling lake
views, located on the quiet road of Upper Burma. This property
offers the ultimate lake experience. Several entertaining areas, a
game room, six bedrooms, hand-scraped hardwood floors, large bay
windows that invite the lake into the home, and so much more! Step
outside to discover an infinite outdoor entertaining space. Perfect
to watch the kids play on the dock, fish, or relax with a PKL
sunset and a fire. Oversized, like-new dock with two boat slips and
a second-story deck. This property offers it ALL. Minutes from
Hells Gate!
Unit Size
5,584 Ft²
Days on Market
-
Land Size
0.97 acres
Price per sqft
$465
Property Type
House
Property Taxes
$2,843
HOA Dues
-
Year Built
1975
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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: 3 years ago (NTREIS #20247724)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 19, 2023 | Sold | ||
| Sold | |||
| Jan 27, 2023 | Listed by Century 21 Mike Bowman, Inc. | $2,595,000 | |
| Listed by Century 21 Mike Bowman, Inc. | |||
| Jan 22, 2023 | No longer available | - | |
| No longer available | |||
| Jul 15, 2022 | Listed by Clark Real Estate | $4,200,000 | |
| Listed by Clark Real Estate | |||
| | |||
|
Secluded lake living at it's finest with the hidden gem. Gorgeous lakefront Estate with massive open water views of Possum Kingdom Lake. Ride the tram down or walk to your new double decker deep water boat dock. Touchless covers for 2 Seadoo, and one boat slip. Dock features bug, spider misting system. Luxury lake living with that lake vibe feel that is perfect for entertaining. Beautiful private Master suite located on the main level. 5 guest bedrooms and 5 full baths allow for large family enjoyment or entertaining. Party deck overlooks the massive outdoor area with a firepit for year round enjoyment. Watch the stars, sunrises and sunsets from your lakeside getaway. The manager has listed the unit size as 5749 square feet.
| |||
| Jul 13, 2017 | Listed | $1,950,000 | |
| Listed | |||
| | |||
|
Magnificent Executive home with massive views of Broadway and the unspoiled lands of the Possum Kingdom State Park. This large home has had extensive remodeling and upgrading. All new huge kitchen, living area, master bedroom suite and master bath. Multiple living areas, bedrooms and baths for large families or entertaining. Even a separate wine kitchen! Walk to the large, deep water dock or take the tram. If you want a breathtaking view, deep water dock and everything you could possibly dream of in a home then this is the one!The manager has listed the unit size as 5257 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Palo Pinto
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Listed by: Michael Avidon, Century 21 Mike Bowman, Inc.
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20247724
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20247724
Details provided by NTREIS and may not match the public record
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