See Home Value
Palo Pinto 76449
385 Melbourne Trail
$1,948,000
● House - Off Market

385 Melbourne Trail

Possum Kingdom Lake, TX 76449
bedrooms
5 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
4,056 Ft²
$3,325,584
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

6655  sq ft under roof, this stunning 4-story lake house on Possum Kingdom Lake is an absolute paradise that offers breathtaking lake views from every room except one. The beautifully designed and decorated interior of the house provides a homie feeling that is both comfortable and luxurious. The house has enough space to sleep 19 comfortably, making it perfect for large families or groups. In addition to the exquisite interior, this lake house also includes a 2-story covered boat dock, out door shower and a swim platform, making it the perfect place for boating, fishing, swimming, and other water activities. Whole house water filtration system. Located just 1.5 hours from downtown Fort Worth, this lake home is the perfect escape from the hustle and bustle of city life. Don't miss out on the chance to own your very own piece of paradise on Possum Kingdom Lake.

We call this home, The Place to Be....take the elevator to the bottom floor then ride the tram to the dock. Making life easy..
Unit Size
4,056 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$814
Property Type
House
Property Taxes
$2,359
HOA Dues
$163
Year Built
2015

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Last updated: 3 years ago (NTREIS #20280204)

Price History

Date / Event Date Event Price
May 12, 2023 Sold
Sold
Mar 16, 2023 Listed by Coldwell Banker Realty $3,300,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Fireplace
Elevator
Garage

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • 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: 8
  • Basement Area: 917
  • Garage Type: 4
  • Garage Square Area: 600
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,183
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,056
  • Gross Building Area: 4,056
  • Building Area: 4,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 4,056
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLIFFS PHASE VIII
  • Land Acres: 0000000647
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: CLIFFS PHASE VIII LOT 149R G#C0250-08-00000-149-R0-0

Neighborhood

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

Geography

  • Account Number: R000013460
  • Subdivision Phase Number: 8
  • Parcel: 110252490
  • Lot: 149R
  • Municipality: GRAFORD
  • Latitude: 32.85
  • Longitude: -98.4493

    Address

  • Full Address: 385 Melbourne Trl
  • Address - House Number: 385
  • Address - Street Name: Melbourne
  • Address - Suffix Type: Trl
  • State: TX
  • City Name: Graford
  • Zip Code: 76449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,504,841
  • Tax Rate Code Area: CAD 182 PP

    Appraisal Valuation

  • Standard Deviation: 0.2675
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 2,581,039
  • High Value: 3,271,480
  • Low Value: 1,890,597

    Market Valuation

  • Market Total Value: $1,847,450
  • Market Land Value: $599,560
  • Market Improvement Value: $1,247,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,847,450
  • Assessed Land Value: $599,560
  • Assessed Improvements Value: $1,247,890

    Sales

  • Current Sale Contract Date: Jun 01, 2023
  • Current Sale Recording Date: Jun 05, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3046
  • Previous Sale Recording Date: Aug 12, 2011
  • Previous Sale Contract Date: Aug 08, 2011
  • Previous Sale Document Type: 71
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

About Palo Pinto


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Frequently Asked Questions

When was property at 385 Melbourne Trail built and last sold?
The property at 385 Melbourne Trail was built in 2015 and last sold on Jun 1, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 385 Melbourne Trail is $0.
What are some comparable homes to 385 Melbourne Trail?
There are currently no comparable homes to 385 Melbourne Trail.