For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Palo Pinto 76450
4740 Simmons Lane
$1,495,000
● House - Off Market

4740 Simmons Lane

Possum Kingdom Lake, TX 76450
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,014 Ft²
$1,684,760
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Gated entry to beautifully manicured lawn. This oversized waterfront estate sits inside the coveted deep water Possum Hollow Slough. The comfortable abode offers open spaces with cozy charm, 3 bedroom 2.5 bath w stone fireplace and walls of windows offering all of the creature comforts desired for full or part time living. All nestled amongst mature oaks. Separate She Shed could easily convert to a full bunkhouse for additional guests. Multiple outdoor areas for entertaining, including a grandfathered scenic overlook for lounging or simply relishing lake life. Stone pathway outlined by gorgeous natural boulders along the waters edge lead to your private boat dock. Mostly Furnished. Don't let this one get away!
Unit Size
2,014 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$794
Property Type
House
Property Taxes
$1,059
HOA Dues
-
Year Built
1999

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: 3 years ago (NTREIS #14723759)

Price History

Date / Event Date Event Price
Feb 15, 2022 Sold
Premium
Sold
Dec 5, 2021 Listed by Coldwell Banker Realty $1,599,999
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Fireplace
Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • 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: 475
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,312
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,446
  • Gross Building Area: 2,446
  • Building Area: 2,446
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,446
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PK LAKE 23-2-48 AREA 6-L
  • Land Acres: 0000000627
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: PK LAKE 23-2-48 AREA 6-L LOT 25E (FEE SIMPLE .532 AC & FERC .095 AC) G#P0500-00-060L0-025-0E-0 DOCK #8460/Y

Neighborhood

  • School District Name: Graford Independent School District
  • School Tax School District: GRI HPD ESD1
  • Census Tract: 000100

Geography

  • Account Number: R000023125
  • Parcel: 190601000
  • Lot: 25E
  • Municipality: GRAHAM
  • Latitude: 32.8918
  • Longitude: -98.5458

    Address

  • Full Address: 4740 Simmons Ln
  • Address - House Number: 4740
  • Address - Street Name: Simmons
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Graham
  • Carrier Code: H074
  • 4-Digit Zip Code: 5838
  • Zip Code: 76450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,198,510
  • Tax Rate Code Area: CAD 182 GR

    Appraisal Valuation

  • Standard Deviation: 0.4536
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 1,077,775
  • High Value: 1,566,680
  • Low Value: 588,869

    Market Valuation

  • Market Total Value: $1,489,670
  • Market Land Value: $495,560
  • Market Improvement Value: $994,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,489,670
  • Assessed Land Value: $495,560
  • Assessed Improvements Value: $994,110

    Sales

  • Current Sale Contract Date: Feb 15, 2022
  • Current Sale Recording Date: Feb 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1406
  • Previous Sale Recording Date: Apr 16, 2013
  • Previous Sale Contract Date: Apr 12, 2013
  • Previous Sale Amount: $911,300
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Palo Pinto

Stats & Trends

Median Asking:

$399,000

Sale Price/ft²

$221

Below Asking

0.03%

Average Days on Market

87

Average Home Size

2282 ft²

Average Home Age

-

Currently For Sale

292 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

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Valerie Klapper, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14723759
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 4740 Simmons Lane built and last sold?
The property at 4740 Simmons Lane was built in 1999 and last sold on Feb 15, 2022 for $1,090,500.
How much is this home worth?
The estimated value of the home located at 4740 Simmons Lane is $0.
What are some comparable homes to 4740 Simmons Lane?
There are currently no comparable homes to 4740 Simmons Lane.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Graford Homes for Sale
Graford Houses for Sale
Graford Condos for Sale
Graford Townhouses for Sale
Graford Land for Sale
Graford Commercial for Sale
Graford Homes with Basements
Graford Homes with Pools
Nearby Cities
Weatherford Homes for Sale
Azle Homes for Sale
Mineral Wells Homes for Sale
Briar Homes for Sale
Decatur Homes for Sale
Graham Homes for Sale
Aledo Homes for Sale
Runaway Bay Homes for Sale
Nearby Property Records
Palo Pinto County, TX Property Records
Jack County, TX Property Records
Parker County, TX Property Records
Stephens County, TX Property Records
Young County, TX Property Records
Wise County, TX Property Records
Hood County, TX Property Records
Eastland County, TX Property Records
Neighborhoods
Lake Crest Park Real Estate
Old Cobweb Park Real Estate
Nearby Counties
Springtown-Reno Homes for Sale
Weatherford Homes for Sale
Weatherford Southeast Homes for Sale
Bridgeport Homes for Sale
Boyd-Rhome Homes for Sale
Weatherford Northwest Homes for Sale
Mineral Wells Homes for Sale
Strawn-Gordon Homes for Sale
Top Real Estate Agents
Top Agents in Graford
Top Agents in Springtown-Reno
Top Agents in Weatherford
Top Agents in Weatherford Southeast
Top Agents in 76087
Top Agents in 76020
Top Agents in Weatherford
Top Agents in 76008