See Home Value
Palo Pinto 76449
50 Inverness Drive
$500,000
● House - Off Market

50 Inverness Drive

Possum Kingdom Lake, TX 76449
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,793 Ft²
$3,228
Est. Monthly
$650
HOA / Fees
5.79%
Cap Rate

About This Property

OWNER FINANCING AVAILABLE ON THIS FABULOUS, FURNISHED, 2793 SqFt FAMILY & ENTERTAINING RESORT HOME IN THE AMENITY RICH, CLIFFS RESORT AT PK. The only Resort at PK with an 18 Hole Championship Golf Course, Marina, Ship Store, Chaparral Grille Restaurant, Hotel, Fitness Center, 2 Swimming Pools, Tennis Courts, Playground, and Gated Security, all within the same Resort and just a Golf Cart or Polaris ride away. This 2793 sqft Custom Home has 5 Bedrooms and 3 Baths, 2 Living Areas, 2 Dinings Areas, and an Outdoor Deck Perfect for Grilling and Dining Outside, and Relaxing and Enjoying the Tx Starry Nights by the Firepit, and the Spectacular Sunrises and Sunsets of PK. The Home also features lovely Community and N Tx Hill Country and Lake Views, from Big Picture Windows, and is nestled amongst the Trees for added Privacy and Serenity. This is the Perfect Place to Rest and Recharge both at Home and on the Lake, and this Wonderful House is Turn Key Ready and waiting for you to Escape the City, and Find out what the BEST of Possum Kingdom Lake Living is all about.
Unit Size
2,793 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$188
Property Type
House
Property Taxes
-
HOA Dues
$650
Year Built
2007

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Last updated: 6 months ago (NTREIS #21019091)

Price History

Date / Event Date Event Price
May 18, 2026 Sold
Sold
Apr 23, 2026 In contract -
In contract
Jan 31, 2026 Price Decreased $525,000
↓ $14K (2.6%)
Price Decreased
Aug 1, 2025 No longer available -
No longer available
Aug 1, 2025 Listed by Century 21 Mike Bowman, Inc. $539,000
Listed by Century 21 Mike Bowman, Inc.
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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: 399
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,835
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,793
  • Gross Building Area: 2,793
  • Building Area: 2,793
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,793
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLIFFS PHASE VII
  • Land Acres: 0000000111
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: CLIFFS PHASE VII LOT 136 G#C0250-07-00000-136-00-0

Neighborhood

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

Geography

  • Account Number: R000013306
  • Subdivision Phase Number: 7
  • Parcel: 110251710
  • Lot: 136
  • Municipality: GRAFORD
  • Latitude: 32.8537
  • Longitude: -98.4458

    Address

  • Full Address: 50 Inverness Dr
  • Address - House Number: 50
  • Address - Street Name: Inverness
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Graford
  • Carrier Code: H051
  • 4-Digit Zip Code: 5131
  • Zip Code: 76449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $648,402
  • Tax Rate Code Area: CAD 182 PP

    Appraisal Valuation

  • Standard Deviation: 0.1927
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 74
  • Final Value: 552,864
  • High Value: 659,451
  • Low Value: 446,276

    Market Valuation

  • Market Total Value: $478,230
  • Market Land Value: $15,910
  • Market Improvement Value: $462,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $478,230
  • Assessed Land Value: $15,910
  • Assessed Improvements Value: $462,320

    Sales

  • Current Sale Contract Date: Nov 16, 2011
  • Current Sale Recording Date: Nov 18, 2011
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2011-00009407
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 50 Inverness Drive built and last sold?
The property at 50 Inverness Drive was built in 2007 and last sold on Nov 16, 2011 for $306,300.
How much is this home worth?
The estimated value of the home located at 50 Inverness Drive is $0.
What are some comparable homes to 50 Inverness Drive?
There are currently no comparable homes to 50 Inverness Drive.