NOT LISTED FOR SALE

1169 Willow Rd Graford, TX 76449

Estimated Value: $1,385,000 - $1,400,478

2 Beds
2 Baths
1,476 Sq Ft
$944/Sq Ft Est. Value

Last Sold December 19, 2022

Current estimated payment $9,026/month

35 Days on Market

Highlights

  • Airport or Runway
  • Lake Front
  • Parking available for a boat
  • Marina
  • Uncovered Dock
  • Accessory Dwelling Unit (ADU)

About This Home

As of December 2022

Perfect vacation home or income property.This WATERFRONT home is located on Possum Kingdom Lake! The home sits on nearly an acre of land and offers its new owners tons of potential. The main home has two bedrooms, one of which can easily be divided into two separate rooms, and two fully remodeled baths! The open living, dining and kitchen all have a gorgeous view of the lake and outdoor living spaces. The wood look tile flooring throughout makes it lake friendly and easy to clean. Another bedroom is located in the attached garage space that is being used as a game room. There's a recently added detached 30 ft by 40 ft garage perfect to store your boat or toys in. The property does not have an HOA which makes it ideal for a rental property. Choose to use it as an Airbnb or your family's weekend vacation home. Located just 90 minutes west of Fort Worth. Home comes fully furnished with all new furniture purchased in 2022. BRING ALL OFFERS! Need to sell before end of year.

Last Agent to Sell the Property

Erin Arnold

Real Broker, LLC License #0704513 Listed on: 10/09/2022

Real Broker, LLC

Last Buyer's Agent

Lori Jacobson

DFW Legacy Group License #0558654

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,242

Year Built

  • Built in 1973

Lot Details

  • 0.85 Acre Lot
  • Lake Front
  • Few Trees
  • Large Grassy Backyard

Parking

  • 6 Car Garage
  • 4 Carport Spaces
  • Lighted Parking
  • Driveway
  • Parking available for a boat

Home Design

  • Lake House
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Metal Roof
  • Siding

Interior Spaces

  • 1,476 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Decorative Lighting
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Brick Fireplace
  • Ceramic Tile Flooring
  • Lake Views
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Boat Ramp
  • Uncovered Dock
  • Covered Patio or Porch
  • Outdoor Living Area
  • Exterior Lighting
  • Outdoor Storage

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

  • Graford Elementary And Middle School
  • Graford High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 14
  • Assessor Parcel Number 23661
  • $5,419 per year unexempt tax

Community Details

Recreation

  • Marina

Additional Features

  • Pk Lake Subdivision
  • Airport or Runway

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,242

Year Built

Built in 1973

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Lake House, Single Detached, Vacation Home
  • Unit Levels: One
  • Accessory Dwelling Type: Guest Quarters
  • 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
  • Accessory Unit YN: Yes
  • Attribution Contact: 817-329-8850
  • Special Features: None
  • Year Built: 1973

Interior Features

  • Square Footage: 1476.00
  • Fireplace Features: Brick, Decorative, Wood Burning
  • Interior Amenities: Cable TV Available, Decorative Lighting, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Flooring: Ceramic Tile, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier, Slab
  • Community Features: Airport/Runway, Boat Ramp, Marina
  • Fencing: None
  • Roof: Metal
  • Construction Materials: Siding
  • Exterior Features: Covered Patio/Porch, Lighting, Outdoor Living Center, Storage
  • Waterfront: Yes

Garage/Parking

  • Cooling System: Central Air
  • Garage Spaces: 6
  • Carport Spaces: 4
  • Total Covered Spaces: 4
  • Parking Features: Boat, Carport, Covered, Driveway, Lighted
  • Attached Garage YN: No
  • Garage Height: 24
  • GarageYN: Yes

Utilities

  • Heating: Central
  • LaundryFeatures: Electric Dryer Hookup, Stacked W/D Area, Washer Hookup
  • Utilities: City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Graford ISD
  • Elementary School: Graford
  • Middle School: Graford
  • High School: Graford
  • School District: Graford ISD
  • Elementary School: Graford

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: .5 to < 1 Acre
  • Lot Features: Few Trees, Lrg. Backyard Grass, Water/Lake View, Waterfront
  • Lot Size Units: Acres
  • Lot Size Area: 0.8500
  • Parcel Number: 23661
  • Lot Size Acres: 0.8500
  • Lot Size Sq Ft: 37026.0000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1973
  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 5419
  • Special Taxing Entities: No
  • Tax Lot: 14

Multi Family

  • WaterfrontFeatures: Dock – Uncovered, Lake Front, Lake Front – Main Body

MLS Schools

  • Middle School Name: Graford
  • Elementary School Name: Graford
  • High School Name: Graford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2023
Sold by
Gibson Acquisitions Llc
Bought by
5G Real Estate Investments Llc
Current Estimated Value
$1,392,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,340,000
Outstanding Balance
$1,245,556
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$146,062

Purchase Details

Listed on
Oct 9, 2022
Closed on
Dec 19, 2022
Sold by
Arnold Erin Kelly and Arnold Stephen
Bought by
Gibson Acquisitions Llc
Seller's Agent
Erin Arnold
Real Broker, LLC
Buyer's Agent
Lori Jacobson
DFW Legacy Group
List Price
$749,000
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.61%
Original Mortgage
$897,500
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2022
Sold by
Gary Pollock
Bought by
Arnold Erin Kelly and Arnold Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,100
Interest Rate
5.3%
Mortgage Type
New Conventional
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
5G Real Estate Investments Llc -- None Listed On Document
Gibson Acquisitions Llc -- Y
Arnold Erin Kelly -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5G Real Estate Investments Llc $1,340,000
Previous Owner Gibson Acquisitions Llc $897,500
Previous Owner Arnold Erin Kelly $566,100
Previous Owner Henry Jason E $131,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2022 12/19/22 Sold -- -- --
11/13/2022 11/13/22 Pending -- -- --
11/13/2022 11/13/22 Price Changed $729,000 -2.7% $494 / Sq Ft
10/09/2022 10/09/22 For Sale $749,000 -- $507 / 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 $19,242 $1,314,690 $518,980 $795,710
2023 $10,174 $689,390 $389,240 $300,150
2022 $4,794 $382,370 $210,940 $171,430
2021 $5,252 $282,820 $164,790 $118,030
2020 $5,356 $282,820 $164,790 $118,030
2019 $4,867 $261,040 $164,790 $96,250
2018 $4,148 $231,650 $164,790 $66,860
2017 $4,405 $245,990 $179,130 $66,860
2016 $4,289 $239,490 $179,130 $60,360
2015 $4,140 $251,160 $189,880 $61,280
2014 $4,140 $234,920 $174,240 $60,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20180908

North Texas Real Estate Information Systems (NTREIS)

APN: 195200000