NOT LISTED FOR SALE

1006 Possum Trail Graford, TX 76449

Estimated Value: $2,287,534 - $2,391,000

5 Beds
3.5 Baths
3,961 Sq Ft
$590/Sq Ft Est. Value

Last Sold June 11, 2024

Current estimated payment $15,037/month

86 Days on Market

Highlights

  • Lake Front
  • Boat Slip
  • Wood Flooring
  • Palo Pinto Elementary School Rated A+
  • 2-Story Property
  • Outdoor Kitchen

About This Home

As of June 2024

Welcome to your own private oasis located in the highly desirable neighborhood of Gaines Bend on Possum Kingdom Lake. A stunning 5 bedroom, 3 and a half bathroom 2-story ranch-style fully furnished home. As you step inside, your're greeted by a spacious and open floor plan that seamlessly blend the living, dining, and kitchen areas with a stone fireplace and large windows for views of the lake. Beautifully furnished interior, complete with plush new carpeting and high-end finishes throughout. Upstairs features a second living room and access to the balcony overlooking the lake. Outside, there's plenty of space for entertaining with outdoor kitchen and covered patio. Take a stroll down to the boat dock and enjoy a day on the lake, or simply relax and take in the stunning views. With a spacious 2-car garage with porte cochere and plenty of room for storage, this home has everything you need for comfortable living.

Last Agent to Sell the Property

Brandi Smith

RE/MAX Big Country Brokerage Phone: 325-695-3730 License #0581442 Listed on: 03/02/2024

Last Buyer's Agent

Rylan Harrison

Harrison Properties License #0639448

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,261

Year Built

  • Built in 2008

Lot Details

  • 0.58 Acre Lot
  • Lake Front
  • Landscaped
  • Sprinkler System
  • Few Trees
  • Large Grassy Backyard

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 1 Carport Space
  • Garage Door Opener
  • Drive Through

Home Design

  • 2-Story Property
  • Slab Foundation
  • Metal Roof
  • Stone Siding

Interior Spaces

  • 3,961 Sq Ft Home
  • Wet Bar
  • Sound System
  • Wood Burning Fireplace
  • Stone Fireplace
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Plumbed For Gas In Kitchen
  • Built-In Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Personal Watercraft Lift
  • Boat Slip
  • Lake Pump
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Gas Grill
  • Rain Gutters

Schools

  • Palo Pinto Elementary And Middle School
  • Mineral Wells High School

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • High Speed Internet

Community Details

  • Association fees include ground maintenance
  • Gaines Bend Property Owners Association, Phone Number (940) 779-2461
  • Gaines Bend Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 87 / 1
  • Assessor Parcel Number R000016400

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,261

Year Built

Built in 2008

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Restrictions: Deed
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Water Body Name: Possum Kingdom
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Lake Pump Y N: Yes
  • Attribution Contact: 325-695-3730
  • Special Features: None
  • Year Built: 2008

Interior Features

  • Square Footage: 3961.00
  • Fireplace Features: Stone, Wood Burning
  • Interior Amenities: Eat-in Kitchen, High Speed Internet Available, Kitchen Island, Sound System Wiring, Wet Bar
  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Built-in Gas Range, Dishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Microwave, Plumbed For Gas in Kitchen, Refrigerator, Washer
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 2
  • Room Count: 4

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: None
  • Roof: Metal
  • Construction Materials: Rock/Stone
  • Exterior Features: Attached Grill, Barbecue, Boat Slip, Covered Patio/Porch, Gas Grill, Rain Gutters, Lighting, Outdoor Kitchen

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Carport Spaces: 1
  • Total Covered Spaces: 2
  • Parking Features: Drive Through, Garage, Garage Door Opener
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric, Fireplace(s)
  • Utilities: All Weather Road, City Sewer, City Water, Co-op Electric

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee: 800
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Gaines Bend Property Owners Association
  • HOA Management Company: 9407792461

Schools

  • School District: Palo Pinto ISD
  • Elementary School: Palo Pinto
  • Middle School: Palo Pinto
  • High School: Mineral Wells
  • School District: Palo Pinto ISD
  • Elementary School: Palo Pinto

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: .5 to < 1 Acre
  • Lot Features: Few Trees, Landscaped, Lrg. Backyard Grass, Sprinkler System, Water/Lake View, Waterfront
  • Lot Size Units: Acres
  • Lot Size Area: 0.5810
  • Parcel Number: R000016400
  • Lot Size Acres: 0.5810
  • Lot Size Sq Ft: 25308.3600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2008

Tax Info

  • TaxBlock: 1
  • Tax Lot: 87

Multi Family

  • WaterfrontFeatures: Dock – Covered, Lake Front, Personal Watercraft Lift

MLS Schools

  • Middle School Name: Palo Pinto
  • Elementary School Name: Palo Pinto
  • High School Name: Mineral Wells

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2024
Closed on
Jun 11, 2024
Sold by
Bolton Samuel Cole
Bought by
Texland 1031 Holdings Llc
Seller's Agent
Brandi Smith
RE/MAX Big Country
Buyer's Agent
Rylan Harrison
Harrison Properties
List Price
$2,500,000
Views
155
Current Estimated Value
$2,336,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%

Purchase Details

Listed on
Jul 6, 2021
Closed on
Dec 1, 2021
Sold by
Arthus Anthony J and Arthus Amanda
Bought by
Bolton Samuel Cole
Seller's Agent
Deirdra Jordan
Possum Kingdom Real Estate
Buyer's Agent
Brandi Smith
RE/MAX Big Country
List Price
$2,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.81%
Original Mortgage
$1,500,000
Interest Rate
3.09%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 31, 2013
Sold by
Arthus Anthony J and Arthus Manda
Bought by
Anthony And Amanda Arthus Revocable Trus

Purchase Details

Closed on
Jul 26, 2012
Sold by
Lauck John E and Lauck Rebecca
Bought by
Arthus Anthony Joel and Arthus Amanda Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2008
Sold by
Mongoven Michael S and Mongoven Carol A
Bought by
Lauck John E and Lauck Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$714,000
Interest Rate
6.19%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Texland 1031 Holdings Llc -- None Listed On Document
Bolton Samuel Cole -- Texas Title
Anthony And Amanda Arthus Revocable Trus -- None Available
Arthus Anthony Joel -- None Available
Lauck John E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bolton Samuel Cole $1,500,000
Previous Owner Arthus Anthony J $823,000
Previous Owner Arthus Anthony Joel $417,000
Previous Owner Lauck John E $714,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold -- -- --
05/28/2024 05/28/24 Pending -- -- --
03/27/2024 03/27/24 Price Changed $2,250,000 -10.0% $568 / Sq Ft
03/02/2024 03/02/24 For Sale $2,500,000 +16.3% $631 / Sq Ft
12/02/2021 12/02/21 Sold -- -- --
10/20/2021 10/20/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $2,150,000 -- $610 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $30,261 $2,283,620 $849,550 $1,434,070
2023 $27,009 $1,992,040 $475,240 $1,516,800
2022 $30,521 $1,992,040 $475,240 $1,516,800
2021 $16,598 $902,140 $287,030 $615,110
2020 $17,039 $902,140 $287,030 $615,110
2019 $16,538 $902,140 $337,030 $565,110
2018 $15,360 $871,190 $337,030 $534,160
2017 $14,995 $850,480 $342,330 $508,150
2016 $14,871 $843,450 $342,330 $501,120
2015 $14,238 $811,810 $300,000 $511,810
2014 $14,238 $822,520 $300,000 $522,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20550271

North Texas Real Estate Information Systems (NTREIS)

APN: 124880000