See Home Value
Palo Pinto 76449
435 Melbourne Trail
$1,800,000
● House - Off Market

435 Melbourne Trail

Possum Kingdom Lake, TX 76449
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,160 Ft²
$2,145,827
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

One fabulous Lake Home on 2 lots in The Cliffs Resort on beautiful Possum Kingdom. Fully furnished showcase home with 4 large en suite masters, 2 expansive living areas, with a multitude of seating, wet bar & full size shuffleboard table. 3 balconies with water views of the no wake zone of Neeleys Slough. Deep water Boat Dock with lift. Designed for entertaining & relaxation. Stone terrace with fire pit, smokers & grille. Minimum maintenance landscaping, 2 garages with covered parking for 4 vehicles with 6 additional spaces. Solar panels for minimal utility bills & several eco friendly features.   Potential for 2nd dwelling & BRA Boat Dock, Approved. 72 rounds of free golf, use of 2 pools, tennis & playground.
Unit Size
4,160 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$451
Property Type
House
Property Taxes
-
HOA Dues
$1,000
Year Built
2009

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Last updated: 6 months ago (NTREIS #14600185)

Price History

Date / Event Date Event Price
Mar 3, 2025 Sold
Sold
Feb 4, 2025 In contract -
In contract
Jan 14, 2025 Withdrawn -
Withdrawn
Jan 13, 2025 Listed by Briggs Freeman Sotheby's Int'l $2,500,000
Listed by Briggs Freeman Sotheby's Int'l
Water front location on 2 lots in The Cliffs, this incredible property offers an unparalleled retreat. There are 4 large bedrooms, each with ensuite bath. Recently renovated, the home features a meticulously redesigned kitchen with Taj Mahal counters that opens to the living & dining room, offering fantastic views of the water & landscape. The panoramic views from the dual decks stretch for miles, providing an ever-changing canvas of breathtaking sunsets over Neely's Slough. The downstairs game room is a delight with shuffle board, video games & wet bar. The attention to detail extends outdoors with a two story dock, boat & sea doo slips, plus electric cover for boat. To add a touch of convenience, a tram offers easy access to the boat dock from the house. This property goes beyond the ordinary, boasting a myriad of amenities- new slate roof, charcoal filtration, solar, gate community. The property is sold furnished & opportunity for watercraft purchases for turn key ease!
Jul 12, 2024 Price Decreased $2,750,000
↓ $100K (3.5%)
Price Decreased
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • 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: 4
  • Garage Square Area: 380
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,640
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,160
  • Gross Building Area: 4,160
  • Building Area: 4,160
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 4,160
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLIFFS PHASE VIII
  • Land Acres: 0000000910
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: CLIFFS PHASE VIII LOT 143R G#C0250-08-00000-144-00-0

Neighborhood

  • School District Name: Palo Pinto Independent School District
  • School Tax School District: PPI HPD ESD1
  • Census Tract: 000200

Geography

  • Account Number: R000013454
  • Subdivision Phase Number: 8
  • Parcel: 110252460
  • Lot: 143R
  • Municipality: GRAFORD
  • Latitude: 32.8508
  • Longitude: -98.4504

    Address

  • Full Address: 435 Melbourne Trl
  • Address - House Number: 435
  • Address - Street Name: Melbourne
  • Address - Suffix Type: Trl
  • State: TX
  • City Name: Graford
  • Carrier Code: H051
  • 4-Digit Zip Code: 5140
  • Zip Code: 76449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,338,249
  • Tax Rate Code Area: CAD 182 PP

    Appraisal Valuation

  • Standard Deviation: 0.2753
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 60
  • Final Value: 2,058,554
  • High Value: 2,626,423
  • Low Value: 1,490,686

    Market Valuation

  • Market Total Value: $1,724,580
  • Market Land Value: $737,040
  • Market Improvement Value: $987,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,724,580
  • Assessed Land Value: $737,040
  • Assessed Improvements Value: $987,540

    Sales

  • Current Sale Contract Date: Aug 12, 2021
  • Current Sale Recording Date: Aug 13, 2021
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-00005685
  • Previous Sale Recording Date: Apr 29, 2016
  • Previous Sale Contract Date: Apr 25, 2016
  • 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 435 Melbourne Trail built and last sold?
The property at 435 Melbourne Trail was built in 2009 and last sold on Aug 12, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 435 Melbourne Trail is $2,454,729.
What are some comparable homes to 435 Melbourne Trail?
There are currently no comparable homes to 435 Melbourne Trail.