See Home Value
Palo Pinto 76449
460 Melbourne Trail
$1,300,000
● House - Off Market

460 Melbourne Trail

Possum Kingdom Lake, TX 76449
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,632 Ft²
$6,934
Est. Monthly
$108
HOA / Fees

About This Property

STUNNING 3632 sqft, 4bd,4ba, FURNISHED CUSTOM LAKE HOME on 2 LOTS in the Exclusive Amenity Rich CLIFFS RESORT on PK Lake with Golf Course, Pro Shop, Restaurant, Marina, Community Pool, Fitness Center, Tennis Courts and Playground. This 2023 Open Concept Design, Build Home, Features a Gourmet Kitchen with Stainless Appliances, Quartz Counters, Island, and Dining area, Living Room with Gas Fireplace & Wet Bar, All with Majestic Tall Ceilings, and Picture Windows throughout, enhancing the Natural Light of the rooms, with Patio Doors that open out to the Outdoor Living Center for Grilling, Dining, Entertaining, Relaxing and Watching Sports & Movies Poolside. The Primary Bedroom & Bath are conveniently located on the Main Floor with Walk In Closet, as are 1 Guest Bedroom and 2 Laundry Rooms. Then on the 2nd Level, there are 2 more Guest Bedrooms with Loft Living Room, Media Area that can serve as a  5th Bedroom as well.  Outside the Heated Gunite Pool, Spa Combo and Covered Patio areas, have Lovely Rustic Views and Privacy since the Sellers also bought the additional adjacent Lot next door, plus there's a Fire Pit for those cool Lake nights, for making Smore's and gazing at the Amazing Tx Starry Nights and Spectacular Sunset Colors. Poolside there is also an Outdoor Kitchen with Traeger and Blackstone Grills, Dining table and chairs set up, and 2 Mounted TV's. This is PK Resort Lake Living at it's Finest. There is also a 2 Car Garage, and 1 Golf Cart, ATV  Garage for Storage, and the Marina is located just down the road, for Lake Access and Sandy Beach Fun. Also Famous Hell's Gate is located just around the Corner on the Lake as well. Don't miss this Fabulous MUST SEE Lake Home.
Unit Size
3,632 Ft²
Days on Market
-
Land Size
0.66 acres
Price per sqft
$383
Property Type
House
Property Taxes
-
HOA Dues
$108
Year Built
2021

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Last updated: 4 months ago (NTREIS #21220674)

Price History

Date / Event Date Event Price
Jul 2, 2026 Sold
Sold
Jun 1, 2026 In contract -
In contract
May 2, 2026 Price Decreased $1,390,000
↓ $30K (2.1%)
Price Decreased
Mar 31, 2026 Listed by Century 21 Mike Bowman, Inc. $1,420,000
Listed by Century 21 Mike Bowman, Inc.
Jun 9, 2023 Sold
Sold
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • 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: 658
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,462
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,408
  • Gross Building Area: 3,408
  • Building Area: 3,408
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,408
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLIFFS PHASE VIII
  • Land Acres: 0000000332
  • Standard Land Use Code: 1008
  • County Land Use Code: E1
  • Legal Description 1: CLIFFS PHASE VIII LOT 188 G#C0250-08-00000-188-00-0

Neighborhood

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

Geography

  • Account Number: R000013498
  • Subdivision Phase Number: 8
  • Parcel: 110252685
  • Lot: 188
  • Municipality: GRAFORD
  • Latitude: 32.8516
  • Longitude: -98.45

    Address

  • Full Address: 460 Melbourne Trl
  • Address - House Number: 460
  • Address - Street Name: Melbourne
  • Address - Suffix Type: Trl
  • State: TX
  • City Name: Graford
  • Carrier Code: H051
  • 4-Digit Zip Code: 5152
  • Zip Code: 76449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $746,754
  • Tax Rate Code Area: CAD 182 PP

    Appraisal Valuation

  • Standard Deviation: 0.4536
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 424,248
  • High Value: 616,697
  • Low Value: 231,798

    Market Valuation

  • Market Total Value: $550,770
  • Market Land Value: $33,030
  • Market Improvement Value: $517,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $550,770
  • Assessed Land Value: $33,030
  • Assessed Improvements Value: $517,740

    Sales

  • Current Sale Contract Date: Jun 09, 2023
  • Current Sale Recording Date: Jun 21, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 3388
  • Previous Sale Recording Date: Mar 02, 2022
  • Previous Sale Contract Date: Feb 28, 2022
  • Previous Sale Amount: $812,500
  • 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 460 Melbourne Trail built and last sold?
The property at 460 Melbourne Trail was built in 2021 and last sold on Jun 9, 2023 for $571,900.
How much is this home worth?
The estimated value of the home located at 460 Melbourne Trail is $1,327,278.
What are some comparable homes to 460 Melbourne Trail?
There are currently no comparable homes to 460 Melbourne Trail.