See Home Value
Palo Pinto 76450
5005 Kingdom Drive
$1,600,000
● House - Off Market

5005 Kingdom Drive

Possum Kingdom Lake, TX 76450
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,026 Ft²
$7,611
Est. Monthly

About This Property

SPECTACULAR, PARK LIKE 1.22 ACRE WATERFRONT AND DOCKABLE LOT, with 500FT of SHORELINE and Panoramic UNOBSTRUCTED PK Lake VIEWS. This Scenic, Serene, Setting must be seen to be appreciated for how Breathtakingly Stunning it is. The Lot features a beautiful gently sloped, big grass build area, with many mature Oak & Shade Trees, for those warm summer days at PK, and has a vintage PK Lake Cabin to be used while planning your Dream Lake Home Build. The Cabin is conveniently located on a large protected Cove just around the corner from the Breakers Marina for Gas, Boat Ramp & Services and is a 5 minute boat ride to the Peninsula of PK for dining amenities, a 20 minute scenic boat ride to the Famous Hells Gate at PK, a short car ride to the Restaurants just around the corner at Fox and Possum Hollow, and a 20 minute car ride into the small charming Town of Graham for Shopping, Dining and Amenities as well. This is the BEST of PK Paradise Lake Living, in NW Texas Hill Country.
Unit Size
1,026 Ft²
Days on Market
-
Land Size
1.23 acres
Price per sqft
$1,511
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960

Payment Calculator

Cap Rate Calculator

Last updated: 8 months ago (NTREIS #20725986)

Price History

Date / Event Date Event Price
Mar 5, 2026 Sold
Sold
Dec 30, 2025 In contract -
In contract
Oct 31, 2025 Price Decreased $1,550,000
↓ $100K (6.1%)
Price Decreased
Oct 12, 2024 Listed by Century 21 Mike Bowman, Inc. $1,650,000
Listed by Century 21 Mike Bowman, Inc.
Oct 8, 2024 No longer available -
No longer available
Show More

Property Highlights


Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 53,448
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,350
  • Gross Building Area: 1,350
  • Building Area: 1,350
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,350
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PK LAKE 25-2-49 AREA 6-M
  • Land Acres: 0000001227
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: PK LAKE 25-2-49 AREA 6-M LOT 3 (FEE SIMPLE .942 AC & FERC .285 AC) G#P0500-00-060M0-003-00-0

Neighborhood

  • School District Name: Graford Independent School District
  • School Tax School District: GRI HPD ESD1
  • Census Tract: 950600

Geography

  • Account Number: R000023242
  • Parcel: 191460000
  • Lot: 3
  • Municipality: GRAHAM
  • Latitude: 32.8969
  • Longitude: -98.5327

    Address

  • Full Address: 5005 Kingdom Dr
  • Address - House Number: 5005
  • Address - Street Name: Kingdom
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Graham
  • Zip Code: 76450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $390,809
  • Tax Rate Code Area: CAD 182 GR

    Appraisal Valuation

  • Standard Deviation: 0.2715
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 61
  • Final Value: 711,547
  • High Value: 904,734
  • Low Value: 518,360

    Market Valuation

  • Market Total Value: $352,060
  • Market Land Value: $266,130
  • Market Improvement Value: $85,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $352,060
  • Assessed Land Value: $266,130
  • Assessed Improvements Value: $85,930

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 5005 Kingdom Drive built and last sold?
The property at 5005 Kingdom Drive was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5005 Kingdom Drive is $0.
What are some comparable homes to 5005 Kingdom Drive?
There are currently no comparable homes to 5005 Kingdom Drive.