When was property at 405 Melbourne Trail built and last sold?

The property at 405 Melbourne Trail was built in 2007 and last sold on Aug 11, 2021 for $0.

How much is this home worth?

The estimated value of the home located at 405 Melbourne Trail is $1,313,522.

What are some comparable homes to 405 Melbourne Trail?

There are currently no comparable homes to 405 Melbourne Trail.

Palo Pinto

76449

405 Melbourne Trail

$1,265,000

● House - Off Market

405 Melbourne Trail

Possum Kingdom Lake, TX 76449

3 Beds

3 Baths, 1 Half Bath

2,890 Ft²

$1,698,172

RealtyHop Estimate

27.20%

Since Mar 1, 2021

National-US

Primary Model

About This Property

Rare home in The Cliffs with a boat dock. Located in appx. 50' of water and protected cove (no wake area); ideal for swimming off the dock. 4-person (or 1,000 lb. capacity) TRAM makes it quick & easy to get to the large 2-level dock. Gorgeous lake and cliff views. Designed for entertaining--2 large living areas with wet bars, 2 large balconies, one with outdoor kitchen, extensive AV installed throughout home & dock. Special hot tub area too. Open concept on the main floor with master suite. Second living and guest bedrooms are on the lower level. Sleeps 11. FULLY- FURNISHED. Cliffs amenities include 36 free rounds of golf per year, restaurant, marina, two pools, fitness center, spa, playground, tennis & hotel.

Unit Size

2,890 Ft²

Days on Market

Land Size

0.33 acres

Price per sqft

$462

Property Type

House

Property Taxes

HOA Dues

$500

Year Built

2007

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (NTREIS #14027854)

Price History

Date / Event	Date	Event
Feb 25, 2021	Sold	Premium
Sold
Mar 1, 2019	Listed by Williams Trew Real Estate	$1,335,000
Listed by Williams Trew Real Estate

	Rare home in The Cliffs with a boat dock. Located in appx. 50' of water and protected cove (no wake area); ideal for swimming off the dock. 4-person (or 1,000 lb. capacity) TRAM makes it quick & easy to get to the large 2-level dock. Gorgeous lake and cliff views. Designed for entertaining--2 large living areas with wet bars, 2 large balconies, one with outdoor kitchen, extensive AV installed throughout home & dock. Special hot tub area too. Open concept on the main floor with master suite. Second living and guest bedrooms are on the lower level. Sleeps 11. FULLY- FURNISHED. Cliffs amenities include 36 free rounds of golf per year, restaurant, marina, two pools, fitness center, spa, playground, tennis & hotel.

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 2007

Effective Year Built: 2007
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: 506
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 14,288

Lot Size Frontage Feet: 0
Total Building Area: 3,120
Gross Building Area: 3,120
Building Area: 3,120
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 3,120
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: CLIFFS PHASE VIII
Land Acres: 0000000328
Standard Land Use Code: 1001
County Land Use Code: A1
Legal Description 1: CLIFFS PHASE VIII LOT 147 G#C0250-08-00000-147-00-0

Neighborhood

School District Name: Palo Pinto Independent School District

School Tax School District: PPI HPD ESD1
Census Tract: 000100

Geography

Account Number: R000013457

Subdivision Phase Number: 8
Parcel: 110252475
Lot: 147
Municipality: GRAFORD
Latitude: 32.8504
Longitude: -98.4498

Address

Full Address: 405 Melbourne Trl

Address - House Number: 405
Address - Street Name: Melbourne
Address - Suffix Type: Trl
State: TX
City Name: Graford
Zip Code: 76449

Valuation

Tax

Tax Year: 2023

Tax Amount: $1,762,330
Tax Rate Code Area: CAD 182 PP

Appraisal Valuation

Standard Deviation: 0.4536

Valuation Date: Jan 17, 2024
Confidence Score: 9
Final Value: 1,261,485
High Value: 1,833,726
Low Value: 689,243

Market Valuation

Market Total Value: $1,299,810

Market Land Value: $342,580
Market Improvement Value: $957,230

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $1,299,810
Assessed Land Value: $342,580
Assessed Improvements Value: $957,230

Sales

Current Sale Contract Date: Aug 11, 2021

Current Sale Recording Date: Oct 12, 2021
Current Sale Document Type: 71
Current Sale Input Document Number: 2021-00007333
Previous Sale Recording Date: Mar 02, 2021
Previous Sale Contract Date: Feb 25, 2021
Previous Sale Amount: $1,185,900
Previous Sale Document Type: 70

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Palo Pinto

Stats & Trends

Median Asking:

$399,000

Sale Price/ft²

$221

Below Asking

0.03%

Average Days on Market

Average Home Size

2278 ft²

Average Home Age

Currently For Sale

293 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

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Listed by: Kathy Lanpher, Williams Trew Real Estate
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14027854
Details provided by NTREIS and may not match the public record

405 Melbourne Trail

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Palo Pinto

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions