NOT LISTED FOR SALE

1016 E Hells Gate Dr Graford, TX 76449

Estimated Value: $3,512,000 - $3,955,110

5 Beds
5.5 Baths
4,658 Sq Ft
$801/Sq Ft Est. Value

Last Sold December 01, 2023

Current estimated payment $24,315/month

73 Days on Market

Highlights

  • Lake Front
  • Docks
  • Infinity Pool
  • Palo Pinto Elementary School Rated A+
  • Boat Ramp
  • New Construction

About This Home

As of December 2023

UNDER CONSTRUCTION an amazing NEW LAKE HOUSE in an excellent location… so close you could swim to famous landmark Hells Gate! Modern 3 story, 5 BR 6 BA designed by Blake Architects. Stone, stucco and wood exterior, flat roof, modern black doors & windows. Bosting 6,667 Sq Ft under roof, 4658 Sq Ft HVAC, two car garage, concrete drive. Panoramic lake views from all levels. Mega porches and patios for comfortable outdoor living. A fantastic SWIMMING POOL is also under construction with Hot Tub, Sunken Firepit, Outdoor Kitchen. Deep water NEW DOUBLE DECKER BOAT DOCK soon to be delivered with 29 Ft Boat Slip & Lift, Two PWC Slips & Lifts. In popular Gaines Bend Development on the south end of the clearest blue waters of Possum Kingdom Lake. Many special features, top-grade appliances. Ask for building plans and details. Completion expected within a few months. Check back for updates IF still available... opportunities like this to have ALL NEW and not go to all the trouble are R A R E.

Last Agent to Sell the Property

Keith Hanssen

Possum Kingdom Real Estate Brokerage Phone: 940-779-1111 License #0445901 Listed on: 05/17/2023

Co-Listed By

Lars Hanssen

Possum Kingdom Real Estate Brokerage Phone: 940-779-1111 License #0774726

Last Buyer's Agent

Jackie Fewell

Berkshire HathawayHS Pondera License #0613028

Berkshire HathawayHS Pondera

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 15,943 Sq Ft Lot
  • Lake Front
  • Landscaped
  • Hilly Lot

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Additional Parking
  • Deeded Parking

Home Design

  • Contemporary Architecture
  • Lake House
  • Flat Roof Shape
  • Slab Foundation
  • Stone Siding
  • Stucco

Interior Spaces

  • 4,658 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Dual Staircase
  • Wired For A Flat Screen TV
  • Built-In Features
  • Decorative Lighting
  • Gas Fireplace
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Double Vanity

Home Security

  • Smart Home
  • Fire and Smoke Detector

Pool

  • Infinity Pool
  • Spa

Outdoor Features

  • Boat Ramp
  • Docks
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting

Location

  • Outside City Limits

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Property is located within a water district
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 279
  • Assessor Parcel Number R000016531

Community Details

Overview

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

0.37 Acres

HOA Fees

$67 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern
  • Structural Style: Lake House
  • Unit Levels: Three Or More
  • Restrictions: Deed
  • Security: Gated Community, Smoke Detector(s)
  • Year Built Details: New Construction - Incomplete
  • 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
  • Horse Permitted Y N: No
  • Attribution Contact: 940-779-1111
  • Special Features: NewHome
  • Year Built: 2023

Interior Features

  • Square Footage: 4658.00
  • Fireplace Features: Gas
  • Interior Amenities: Built-in Features, Decorative Lighting, Double Vanity, Eat-in Kitchen, Flat Screen Wiring, High Speed Internet Available, Multiple Staircases, Open Floorplan, Pantry, Smart Home System, Walk-In Closet(s)
  • Flooring: Carpet, Simulated Wood
  • Appliances: Built-in Refrigerator, Dishwasher, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan
  • Basement YN: No
  • Fireplaces: 1
  • Other Equipment: Call Listing Agent
  • Room Count: 14

Beds/Baths

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

Exterior Features

  • Easements: Utilities, Water Lines
  • Pool: Yes
  • Foundation: Slab
  • Community Features: Boat Ramp, Gated, Lake
  • Roof: Flat
  • Soil Type: Unknown
  • Construction Materials: Rock/Stone, Stucco, Wood
  • Exterior Features: Covered Patio/Porch, Dock, Lighting, Outdoor Kitchen
  • Pool Features: Infinity, Private, Separate Spa/Hot Tub
  • Waterfront: Yes
  • Patio And Porch Features: Covered, Deck, See Remarks

Garage/Parking

  • Cooling System: Central Air, Zoned
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Additional Parking, Concrete, Deeded, Driveway, Garage Door Opener, Garage Faces Side
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Zoned
  • LaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • Utilities: Asphalt, Individual Water Meter, Outside City Limits, Private Sewer, Rural Water District

Condo/Co-op/Association

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

Schools

  • School District: Palo Pinto ISD
  • Elementary School: Palo Pinto

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Hilly, Landscaped, Waterfront
  • Lot Size Units: Acres
  • Lot Size Area: 0.3660
  • Parcel Number: R000016531
  • Lot Size Acres: 0.3660
  • Lot Size Sq Ft: 15942.9600

Green Features

  • Smart Home Features Appor Pass Y: Yes

Building Info

  • Year Built: 2023
  • SeniorCommunityYN: No

Tax Info

  • Special Taxing Entities: No
  • Tax Lot: 279

Multi Family

  • WaterfrontFeatures: Dock – Covered, Lake Front

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Nov 30, 2023
Sold by
Ckkr Holdings Llc
Bought by
Pearce Jason and Pearce Kristin
Seller's Agent
Keith Hanssen
Possum Kingdom Real Estate
Buyer's Agent
Jackie Fewell
Berkshire HathawayHS Pondera
List Price
$4,195,000
Views
11
Current Estimated Value
$3,729,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.95%
Original Mortgage
$2,900,000
Outstanding Balance
$2,843,378
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$885,659

Purchase Details

Closed on
Sep 6, 2022
Sold by
Palmer William and Palmer Stephanie
Bought by
Ckkr Holdings Llc

Purchase Details

Listed on
Jan 6, 2022
Closed on
Mar 31, 2022
Sold by
Donahue James B
Bought by
Palmer William and Palmer Stephanie
Seller's Agent
Sabrina Sparkman
Coldwell Banker Realty
Buyer's Agent
Sabrina Sparkman
Coldwell Banker Realty
List Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.86%
Original Mortgage
$500,000
Interest Rate
3.92%
Mortgage Type
Construction
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Pearce Jason -- Alamo Title
Ckkr Holdings Llc -- --
Palmer William -- Eagle Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearce Jason $2,900,000
Previous Owner Palmer William $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2023 12/01/23 Sold -- -- --
07/29/2023 07/29/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $4,195,000 +393.5% $901 / Sq Ft
03/31/2022 03/31/22 Sold -- -- -- View Prior Sale
03/02/2022 03/02/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $850,000 -- $133 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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
2025 $55,595 $4,195,360 $688,030 $3,507,330
2024 $52,336 $3,949,440 $715,470 $3,233,970
2023 $9,621 $709,590 $709,590 $0
2022 $10,872 $709,590 $709,590 $0
2021 $4,106 $223,190 $223,190 $0
2020 $4,215 $223,190 $223,190 $0
2019 $4,091 $223,190 $223,190 $0
2018 $3,935 $223,190 $223,190 $0
2017 $4,216 $239,130 $239,130 $0
2016 $4,778 $271,010 $271,010 $0
2015 $5,193 $300,000 $300,000 $0
2014 $5,193 $300,000 $300,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20331739

North Texas Real Estate Information Systems (NTREIS)

APN: 126020000

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