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Palo Pinto 76449
575 Melbourne Trail
$1,375,000
↓ $20K (1.4%)
● House - For Sale

575 Melbourne Trail

Possum Kingdom Lake, TX 76449
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,000 Ft²
$7,252
Est. Monthly
$500
HOA / Fees

About This Property

Perched within the sought-after Cliffs community at Possum Kingdom Lake, this striking 2023-built modern retreat delivers uninterrupted, panoramic lake views from nearly every room-and sits directly in front of the marina for unmatched convenience and a front-row seat to lake life. Designed to maximize its breathtaking setting, the home features soaring two-story windows in the living room that frame the water like art, filling the space with natural light. The all-white kitchen is both elegant and functional, highlighted by brushed brass fixtures, a dedicated coffee bar with built-in drink fridge, and seamless flow into the main living and dining areas-perfect for entertaining. A thoughtfully designed laundry room includes a sink and built-in desk space for added convenience. The primary suite offers a spa-like experience with a private sauna and a luxurious bath, while every bathroom in the home features deep soaking tubs for ultimate relaxation. Clean modern lines are complemented by a durable metal roof and native landscaping that blends beautifully with the natural surroundings. Outdoor living is equally impressive, with expansive patio and balcony spaces designed to take full advantage of the sweeping lake views. The covered patio includes a built-in gas grill, along with dedicated living and dining areas ideal for hosting or unwinding lakeside. As part of The Cliffs community, residents enjoy resort-style amenities including a championship golf course, marina, two pools, tennis courts, fitness center, restaurant, and gated security-offering a lifestyle that is as active or relaxed as you choose. A rare opportunity to own a nearly new, design-forward home in one of Possum Kingdom Lake's premier neighborhoods.
Unit Size
3,000 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$458
Property Type
House
Property Taxes
-
HOA Dues
$500
Year Built
-

Listed By

Stephen Reich
Williams Trew Real Estate
Tammy Rokus
Williams Trew Real Estate

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Last updated: 2 months ago (NTREIS #21254088)

Price History

Date / Event Date Event Price
Aug 15, 2026 Price Decreased $1,375,000
↓ $20K (1.4%)
Price Decreased
May 1, 2026 Listed by Williams Trew Real Estate $1,395,000
Listed by Williams Trew Real Estate

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Covered, Garage, Garage Door Opener, Garage Faces Side, Side By Side
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Double Vanity, Dry Bar, Eat-in Kitchen, Open Floorplan, Built-in Wine Cooler, Decorative Lighting, Flat Screen Wiring
Appliances: Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Double Oven
Laundry Features: Utility Room
Has Fireplace
Fireplace Features: Gas, Gas Starter, Living Room, Stone
Fireplaces: 1
Exterior Details
Square Footage: 3000
Architectural Style: Contemporary
Year Built: 2023
Levels: Two
Construction Materials: Stone, Stucco
Lot Features: Water/Lake View
Lot Size Area: 0.286
Lot Size Units: Acres
Lot Size Acres: 0.286
Lot Size Square Feet: 12458.16
Tax Lot: 130
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central, Electric
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Structure, Security, Full Use of Facilities, Management Fees
HOA Fee: $500
HOA Fee Frequency: Semi-Annually

Building Info

Overview

    General

  • 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: 12,458
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: CLIFFS PHASE VIII
  • Land Acres: 0000000286
  • Standard Land Use Code: 8001
  • County Land Use Code: C1
  • Legal Description 1: CLIFFS PHASE VIII LOT 130 G#C0250-08-00000-130-00-0

Neighborhood

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

Geography

  • Account Number: R000013440
  • Subdivision Phase Number: 8
  • Parcel: 110252390
  • Lot: 130
  • Municipality: GRAFORD
  • Latitude: 32.8534
  • Longitude: -98.4498

    Address

  • Full Address: 575 Melbourne Trl
  • Address - House Number: 575
  • Address - Street Name: Melbourne
  • Address - Suffix Type: Trl
  • State: TX
  • City Name: Graford
  • Carrier Code: H051
  • 4-Digit Zip Code: 5141
  • Zip Code: 76449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $55,725
  • Tax Rate Code Area: CAD 182 PP

    Market Valuation

  • Market Total Value: $41,100
  • Market Land Value: $41,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,100
  • Assessed Land Value: $41,100

    Sales

  • Current Sale Contract Date: Apr 23, 2020
  • Current Sale Recording Date: Apr 23, 2020
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-00002012
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 575 Melbourne Trail built and last sold?
The property at 575 Melbourne Trail was built in and last sold on Apr 23, 2020 for $0.
How much is this home worth?
The estimated value of the home located at 575 Melbourne Trail is $1,363,734.
What are some comparable homes to 575 Melbourne Trail?
There are currently no comparable homes to 575 Melbourne Trail.