$500,000
SOLD MAY 1, 2025
Last list price

3841 Timberline Possum Kingdom Lake, TX 76429

3 Beds
1 Bath
1,554 Sq Ft
0.67 Acres

Recently Sold

$322 Per Sq Ft

103 Days on Market

Highlights

  • Lake Front
  • Parking available for a boat
  • Deck
  • Docks
  • Open Floorplan
  • Eat-In Kitchen

About This Home

As of May 2025

Create memories at this quaint very private lake house with dock & a spacious separate rec room & bunkhouse with large carport or covered patio. Includes a Rail system to launch & store your boat easily. Next door is BRA land along the slough. The house includes a kitchen with island, open to the very large gathering space, presently used as a dining room, living room 3 bedrooms and bath with washer & dryer. Square footage is combination of 990 sf house & 564 SF Bunkhouse.

Last Agent to Sell the Property

Judy Smith

RE/MAX Elite Group Brokerage Phone: (940) 264-2500 License #0738531 Listed on: 12/12/2024

RE/MAX Elite Group

Co-Listed By

DAVID SMITH

RE/MAX Elite Group Brokerage Phone: (940) 264-2500 License #0738523

Last Buyer's Agent

Tonya McCrary

Cooper Realty Group, LLC License #0612991

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,430

Lot Details

  • 0.67 Acre Lot
  • Lake Front
  • Brush Vegetation
  • Sprinkler System

Parking

  • 1 Car Garage
  • 2 Carport Spaces
  • Additional Parking
  • Parking available for a boat
  • RV Access or Parking

Interior Spaces

  • 1,554 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bay Window
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Docks
  • Deck

Schools

  • Graford Elementary School
  • Graford High School

Utilities

  • Window Unit Cooling System

Community Details

  • Pk Lake Subdivision

Listing and Financial Details

  • Tax Lot N-13
  • Assessor Parcel Number 22937

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,430

Lot Details

0

Parking

1

Listing Details

  • OWNERNAME: Schiele
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Unit Levels: One
  • Year Built Details: Preowned
  • Water Body Name: Possum Kingdom
  • Attribution Contact: (940) 264-2500
  • Co List Office Mls Id: RMEG01WF
  • Co List Office Phone: (940) 264-2500
  • Co List Office Mls Id: RMEG01WF
  • Structure Type: House
  • Special Features: VirtualTour

Interior Features

  • Square Footage: 1554.0
  • Windows: Bay Window(s)
  • Interior Amenities: Eat-in Kitchen, Open Floorplan
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Basement YN: No
  • Other Equipment: Irrigation Equipment

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Dock
  • Pool Features: None
  • Waterfront: Yes
  • Patio And Porch Features: Deck

Garage/Parking

  • Cooling System: Window Unit(s)
  • Garage Spaces: 1.0
  • Carport Spaces: 2.0
  • Total Covered Spaces: 3.0
  • Parking Features: Additional Parking, Carport, On Site, Boat, RV Access/Parking
  • Attached Garage YN: No
  • GarageYN: Yes

Utilities

  • Sewer: Septic Tank
  • LaundryFeatures: Washer Hookup, Electric Dryer Hookup
  • Utilities: Electricity Connected, Septic Available

Schools

  • Elementary School: Graford
  • High School: Graford
  • Junior High Dist: Graford ISD

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Features: Backs to Greenbelt/Park, Sprinkler System, Waterfront
  • Lot Size Units: Acres
  • Lot Size Area: 0.673
  • Parcel Number: 22937
  • Lot Size Acres: 0.673
  • Lot Size Sq Ft: 29315.88

Tax Info

  • Tax Lot: N-13
  • Tax Annual Amount: 6430.0

Multi Family

  • WaterfrontFeatures: Boat Dock/Slip, Lake Front, Waterfront

MLS Schools

  • MiddleOrJuniorSchool: Graford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2024
Closed on
Apr 22, 2025
Sold by
Schiele James and Schiele Maria
Bought by
Schuster Mark T and Schuster Nancy E
Seller's Agent
Judy Smith
RE/MAX Elite Group
Buyer's Agent
Tonya McCrary
Cooper Realty Group, LLC
List Price
$500,000
Views
17
Current Estimated Value
$511,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Outstanding Balance
$383,028
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$128,611

Purchase Details

Closed on
Oct 22, 2018
Sold by
Patterson Pk Land Partnership Ltd
Bought by
Schiele James and Schiele Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,400
Interest Rate
4.6%
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 Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- None Listed On Document
Vendors Lien -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $384,000 New Conventional
Closed $384,000 New Conventional
Previous Owner $238,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Sold -- -- --
03/26/2025 03/26/25 Pending -- -- --
12/12/2024 12/12/24 For Sale $500,000 -- $322 / 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 $6,430 $439,320 $205,210 $234,110
2023 $4,849 $328,580 $205,210 $123,370
2022 $5,064 $439,320 $205,210 $234,110
2021 $5,532 $297,910 $127,740 $170,170
2020 $5,642 $297,910 $127,740 $170,170
2019 $5,515 $295,800 $127,740 $168,060
2018 $2,962 $165,430 $0 $165,430
2017 $2,962 $165,430 $0 $165,430
2016 $3,045 $170,060 $0 $170,060
2015 $2,997 $170,060 $0 $170,060
2014 $2,997 $170,060 $0 $170,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20796040

North Texas Real Estate Information Systems (NTREIS)

APN: 22937