See Home Value
Palo Pinto 76449
575 Bay Hill Drive
$785,000
● House - Off Market

575 Bay Hill Drive

Possum Kingdom Lake, TX 76449
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,970 Ft²
$4,634
Est. Monthly
$730
HOA / Fees
2.66%
Cap Rate

About This Property

YOUR SEARCH IS OVER! Luxury Mediterranean Retreat with swimming pool PLUS unobstructed Possum Kingdom Lake Views! SEE AERIALS!! Experience refined resort living at its best with this beautifully appointed 4-bedroom, 3-bathroom Mediterranean-style home, perfectly positioned to capture unobstructed lake views across a scenic greenbelt accented by natural boulder outcroppings. Located within the Cliffs Resort community, this resort home offers elegance, comfort, and a lifestyle of leisure. Inside, you'll find elegant ceilings and upgraded features throughout, with both formal and informal dining areas ideal for entertaining or relaxed family gatherings. Two spacious indoor living areas provide ample room to unwind, while the converted garage game room offers a fun and functional space for guests of all ages. Step outside to your private oasis featuring a refreshing, heated pool - perfect for soaking in the Texas sun or enjoying magnificent sunsets across the lake. As a homeowner in The Cliffs, you'll enjoy exclusive access to a championship golf course with 36 complimentary rounds per year, along with a full suite of resort amenities: a restaurant and bar, conference center, tennis and pickleball courts, playground, miles of jogging trails, fitness center, spa, private sandy beach, and marina with ship store and covered boat slips and boat ramp. Whether you're seeking a weekend retreat or a full-time lakeside residence, this property offers a rare combination of luxury, scenery, and resort-style amenities. Residents also benefit from 24 hour gated security and patrol, ensuring peace of mind and a true lock-and-leave lifestyle. For those looking for more space or investment potential, it can be purchased together with the neighboring lot at 585 Bay Hill Drive, creating a rare chance to own two adjoining properties on a most prestigious street in one of Possum Kingdom's Lake's most desirable neighborhoods.
Unit Size
2,970 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$268
Property Type
House
Property Taxes
-
HOA Dues
$730
Year Built
2000

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (NTREIS #20893749)

Price History

Date / Event Date Event Price
Aug 20, 2025 Sold
Sold
Jul 13, 2025 In contract -
In contract
Apr 15, 2025 Listed by Possum Kingdom Real Estate $795,000
Listed by Possum Kingdom Real Estate
Aug 8, 2024 No longer available -
No longer available
Aug 3, 2024 Relisted $895,000
Relisted
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • 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: 483
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,631
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,470
  • Gross Building Area: 2,470
  • Building Area: 2,470
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,470
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLIFFS PHASE I
  • Land Acres: 0000000267
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: CLIFFS PHASE I LOT 136 G#C0250-01-01360-000-00-0

Neighborhood

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

Geography

  • Account Number: R000012246
  • Subdivision Phase Number: 1
  • Parcel: 110242350
  • Lot: 136
  • Municipality: GRAFORD
  • Latitude: 32.8555
  • Longitude: -98.4256

    Address

  • Full Address: 575 Bay Hill Dr
  • Address - House Number: 575
  • Address - Street Name: Bay Hill
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Graford
  • Carrier Code: H051
  • 4-Digit Zip Code: 5019
  • Zip Code: 76449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $670,462
  • Tax Rate Code Area: CAD 182 PP

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 881,767
  • High Value: 1,054,130
  • Low Value: 709,404

    Market Valuation

  • Market Total Value: $494,500
  • Market Land Value: $39,500
  • Market Improvement Value: $455,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $494,500
  • Assessed Land Value: $39,500
  • Assessed Improvements Value: $455,000

    Sales

  • Current Sale Contract Date: Sep 11, 2015
  • Current Sale Recording Date: Sep 16, 2015
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015-00004481
  • Previous Sale Recording Date: May 20, 2005
  • Previous Sale Contract Date: May 16, 2005
  • Previous Sale Amount: $437,500
  • Previous Sale Document Type: 70
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 575 Bay Hill Drive built and last sold?
The property at 575 Bay Hill Drive was built in 2000 and last sold on Sep 11, 2015 for $0.
How much is this home worth?
The estimated value of the home located at 575 Bay Hill Drive is $0.
What are some comparable homes to 575 Bay Hill Drive?
There are currently no comparable homes to 575 Bay Hill Drive.