See Home Value
Palo Pinto 76450
5574 Arrowhead Road
$2,000,000
● House - Off Market

5574 Arrowhead Road

Possum Kingdom Lake, TX 76450
bedrooms
6 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
4,462 Ft²
$11,719
Est. Monthly
1.56%
Cap Rate

About This Property

STUNNING CONTEMPORARY MODERN, with RUSTIC Accents, FURNISHED PK LAKE HOME, totally Remodeled in 2023, with Deep Water, Double Level DOCK, 18' of water with 2 Boat Slips, Concrete BOAT RAMP, for easy watercraft launching, New 832sqft SHOP, with pull thru to the boat ramp & main road, and OUTDOOR KITCHEN, DINING AREA, BAR & FIREPIT area Lakeside, as well as an Oversized Covered DECK over the CARPORT. All this is located on the Private, Serene Westside of Possum Kingdom Lake with Panoramic N Tx. Hill & Lake Country GORGEOUS VIEWS, in the Protected Lakeshore Cove. This Captivating Open Concept Design, Light and Bright 4462 sqft Custom Modern Home features, 6 Beds, 3.5 Baths and is designed as the Perfect FAMILY RETREAT & or VRBO Rental as it sleeps 14 plus easily. The Oversized Kitchen with Large Pantry, has All Stainless Steel Appliances & Quartz Countertops, and an ISLAND BAR that seats 6, & is next to the Dining area that seats another 8, and all that is highlighted by a Custom Stone Fireplace, and Wall to Wall Windows to max the Lake Views while Dining Indoors. The Living Room has a Vaulted Ceiling, and a Pool Table Game Area. The Master Bedroom & Bath is on the 1st Level, and the 5 Guest Bedroom and 2 Baths are on the 2nd Level. The Large Screened in Porch has a Fireplace for those cool Lake nights and a Ping Pong Table as well. Lakeside you will find the easy walk to the Lake & the Dock, and the Outdoor Living Area with Kitchen, Dining Area & Bar Seating as well as a Firepit to watch the Spectacular PK Sunsets & Tx Starry Nights. This is the perfect place to Entertain all your Family & Friends, and Live your BEST PK LAKELIFE while Relaxing and Recharging in this Amazing Scenic Setting. Conveniently located close to all the Dining and Marina Conveniences on the Westside & the Charming Small Town of Graham nearby, and the Dining, Amenities and Hiking & Biking Trials just across the lake on the Peninsula, & a Lovely Boat Ride to the Famous Hell's Gate of PK as well.
Unit Size
4,462 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$482
Property Type
House
Property Taxes
$1,162
HOA Dues
-
Year Built
2005

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Last updated: 2 years ago (NTREIS #20848417)

Price History

Date / Event Date Event Price
Apr 15, 2025 Sold
Sold
Apr 7, 2025 In contract -
In contract
Mar 31, 2025 Price Decreased $2,150,000
↓ $100K (4.4%)
Price Decreased
Mar 6, 2025 Listed by Century 21 Mike Bowman, Inc. $2,250,000
Listed by Century 21 Mike Bowman, Inc.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • 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: 3
  • Garage Square Area: 735
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,827
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,462
  • Gross Building Area: 4,462
  • Building Area: 4,462
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 4,462
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: P R R SURVEY ABSTRACT 420
  • Land Acres: 0000000547
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: PK LAKE 29-1-72 AREA 7-A LT NE-6 (FEE SIMPLE .454 AC & FERC .093 AC) G#P0500-00-070A0-0NE-06-0 DOCK #6149/Y

Neighborhood

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

Geography

  • Account Number: R000023404
  • Parcel: 192930000
  • Municipality: GRAHAM
  • Latitude: 32.9103
  • Longitude: -98.4844

    Address

  • Full Address: 5574 Arrowhead Dr
  • Address - House Number: 5574
  • Address - Street Name: Arrowhead
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Graham
  • Carrier Code: H074
  • 4-Digit Zip Code: 5704
  • Zip Code: 76450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,350,849
  • Tax Rate Code Area: CAD 182 GR

    Appraisal Valuation

  • Standard Deviation: 0.4536
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 677,989
  • High Value: 985,541
  • Low Value: 370,436

    Market Valuation

  • Market Total Value: $915,310
  • Market Land Value: $202,530
  • Market Improvement Value: $712,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $915,310
  • Assessed Land Value: $202,530
  • Assessed Improvements Value: $712,780
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 5574 Arrowhead Road built and last sold?
The property at 5574 Arrowhead Road was built in 2005 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5574 Arrowhead Road is $0.
What are some comparable homes to 5574 Arrowhead Road?
There are currently no comparable homes to 5574 Arrowhead Road.