39
Map
$1,300,000
↓ $100K (7.1%)
●
House -
For Sale
4441 Chapel Road
Graham, TX 76450
3 Beds
2 Baths
2,812 Ft²
$6,384
Est. Monthly
About This Property
WATERFRONT CABIN with a two slip boat dock on Possum Kingdom
Lake!
Almost one full acre of pristine waterfront property featuring an impressive two-slip boat dock on the highly sought-after West Side of Possum Kingdom Lake, known as the Best Side for its blue water and convenient proximity to town amenities.
When they say location, location, location...this is it! The beautifully manicured lot showcases mature trees, a gentle beach-like shoreline, and over 300 feet of walkway leading to the dock, which includes space for two boats and two Seadoos.
The charming cabin has been tastefully updated, including a new roof, and comes fully furnished, ready to enjoy from day one. For those with grander visions, the cabin can easily be removed to make room for your dream lakefront estate, offering endless potential on this nearly acre sized waterfront lot. A large storage building is also included to store all your lake toys and gear.
This property is private, scenic, and short term rental approved. It offers the perfect mix of investment and relaxation in one of Possum Kingdom's most desirable locations.
Come see this incredible waterfront opportunity for yourself!
Almost one full acre of pristine waterfront property featuring an impressive two-slip boat dock on the highly sought-after West Side of Possum Kingdom Lake, known as the Best Side for its blue water and convenient proximity to town amenities.
When they say location, location, location...this is it! The beautifully manicured lot showcases mature trees, a gentle beach-like shoreline, and over 300 feet of walkway leading to the dock, which includes space for two boats and two Seadoos.
The charming cabin has been tastefully updated, including a new roof, and comes fully furnished, ready to enjoy from day one. For those with grander visions, the cabin can easily be removed to make room for your dream lakefront estate, offering endless potential on this nearly acre sized waterfront lot. A large storage building is also included to store all your lake toys and gear.
This property is private, scenic, and short term rental approved. It offers the perfect mix of investment and relaxation in one of Possum Kingdom's most desirable locations.
Come see this incredible waterfront opportunity for yourself!
Unit Size
2,812 Ft²
Days on Market
-
Land Size
0.99 acres
Price per sqft
$462
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 6 months ago (NTREIS #21103123)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2026 | Price Decreased |
$1,300,000
↓ $100K
(7.1%) | |
| Price Decreased | |||
| Nov 5, 2025 | Listed by Smart Realty | $1,400,000 | |
| Listed by Smart Realty | |||
| Dec 20, 2023 | Sold | ||
| Sold | |||
| Nov 11, 2023 | Listed by Possum Kingdom Real Estate | $799,000 | |
| Listed by Possum Kingdom Real Estate | |||
| | |||
|
WONDERFUL, WESTSIDE PK WATERFRONT, FURNISHED LAKE HOME, with 2 SLIP DOCK on a 1 ACRE, LEVEL, Easy Access to the Lake, with a Shop Garage, Workshop,Bunkhouse and loads of Extra Parking. The Lot also has big back and front yard Grass with a Lakeside Fire Pit and lovely Shade Trees with a Gated Entrance, for added privacy. This Manufactured Home is a Light and Bright, Open Concept Living Design, with Vaulted Ceilings and 2 Spacious Living Areas, 3 Bedrooms and 2 Full Baths. The Lakeside Living Room with wood burning Fireplace for those cool Tx nights, has beautiful PK Lake views through the Picture Windows to the Serene, Screened in Porch, perfect for watching the Spectacular Sunrises & Sunsets at Pk. The Dock has 2 Boat Slips with 2 Lifts to accommodate a Wakeboard and a Pontoon Boat, as well a 2 Jet Ski EZ Port Lifts. This Charming Home sits across form the PK State Park & is close to Fox & Possum Hollow Restaurants, & the Dining & Amenities in the Small Town of Graham only 20mins away.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Carport
Parking Features: Carport, Concrete, Detached Carport, Garage, Gravel, Oversized
Garage Spaces: 4
Interior Details
Full Bathrooms: 2
Interior Features: Built-in Features, Kitchen Island, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s), Cable TV Available, Decorative Lighting, High Speed Internet Available, Paneling
Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Flooring Type: Carpet, Laminate
Laundry Features: Utility Room, Stacked W/D Area
Has Fireplace
Fireplace Features: Wood Burning
Fireplaces: 1
Exterior Details
Square Footage: 2812
Security Features: Smoke Detector(s)
Year Built: 1999
Waterfront Features: Lake Front, Dock – Covered, Lake Front – Main Body, Personal Watercraft Lift
Levels: One
Other Structures: Garage(s), Outbuilding, Workshop, Bunk House
Window Features: Window Coverings
Patio and Porch Features: Deck, Rear Porch, Screened
Lot Features: Level, Many Trees, Waterfront, Lrg. Backyard Grass, Water/Lake View
Lot Size Area: 0.992
Lot Size Units: Acres
Lot Size Acres: 0.992
Lot Size Square Feet: 43211.52
Tax Lot: 1
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Palo Pinto
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Ava Fernandez, Smart Realty
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 21103123
Details provided by NTREIS and may not match the public record
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 21103123
Details provided by NTREIS and may not match the public record
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017