$40,000
SOLD SEP 2, 2025
Last list price

Lot 505 Canyon Wren Possum Kingdom Lake, TX 76449

2.02 Acres
$19,802 Price per Acre
87,991 Sq Ft Lot

Recently Sold

201 Days on Market

Highlights

  • Boat Dock
  • Fishing
  • Community Lake
  • Fitness Center
  • Gated Community
  • Clubhouse

About This Lot

As of September 2025

This two acre lot is located at The Hills above Possum Kingdom Lake and has an abundance of desirable features that many other properties similar to it here do not have. It has an abundance of large native trees lining the backside of the property that provide privacy and shelters the creek running all along the back of the lot. You will love hanging out down here on the large rocks and creating your own unique oasis. There is a potential for a lake view to the southwest side of the property if you build a two story house. You can see the lake when standing on Canyon Wren in front of the property. Lot 505 next to it, two acres also, is for sale by another owner. You could have four beautiful acres total if it worked out! The two acres has been recently mowed for ease of walking and seeing that it is a fairly level, easy build. You can build on your own time frame with your choice of builders. Minimum 2500 sq ft home. No manufactured or metal homes. There are many options for this property when you build a home including plenty of space for a secondary buliding, outdoor kitchen, swimming pool, garden, etc. Even before you build your dream lake home, you will have access to the upscale amenities including a gorgeous community clubhouse and infinity swimming pool, fitness center inside the clubhouse with commercial grade equipment, and lake cabin with boat dock and watercraft launch area. It is a great time to start creating family memories with that dream home on acreage near the lake that you have been wanting! See you here!

Last Agent to Sell the Property

Sabrina Sparkman

Coldwell Banker Realty License #0650731 Listed on: 01/07/2025

Coldwell Banker Realty

Last Buyer's Agent

Brieon Randle

Monument Realty License #0827040

Monument Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $514

Lot Details

  • 2.02 Acre Lot
  • Property fronts a private road
  • Level Lot
  • Few Trees

HOA Fees

  • $67 Monthly HOA Fees

Schools

  • Graford Elementary School
  • Graford High School

Listing and Financial Details

  • Tax Lot 505
  • Assessor Parcel Number 35371

Community Details

Overview

  • Association fees include all facilities, management, ground maintenance
  • Spectrum Association
  • The Hills Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Boat Dock
  • Community Boat Facilities
  • Fitness Center
  • Community Pool
  • Fishing

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$514

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • OWNERNAME: of record
  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Water Body Name: Possum Kingdom
  • Co List Office Mls Id: CBR00WF
  • Special Features: VirtualTour

Exterior Features

  • Community Features: Boat Facilities, Clubhouse, Dock, Fitness Center, Fishing, Gated, Lake, Pool, Community Mailbox
  • Pool Features: Community
  • Waterfront: No
  • RoadFrontageType: Private Road
  • RoadSurfaceType: Asphalt

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, None, Septic Available, Water Available

Condo/Co-op/Association

  • HOA Fee Includes: All Facilities, Association Management, Maintenance Grounds
  • Association Fee: 800.0
  • Association Fee Frequency: Annually
  • Association Name: Spectrum

Association/Amenities

  • DevelopmentStatus: Site Plan Approved, Streets Installed, Zoned

Schools

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

Lot Info

  • PossibleUse: Residential
  • Lot Features: Level, Subdivision, Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 2.02
  • Parcel Number: 35371
  • Lot Size Acres: 2.02
  • Lot Size Sq Ft: 87991.2
  • Zoning Description: Residential
  • Present Use: Residential, Single Family

Tax Info

  • Tax Lot: 505
  • Tax Annual Amount: 514.0

MLS Schools

  • MiddleOrJuniorSchool: Graford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2021
Sold by
Cruz Jose A
Bought by
Henley Maureen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,125
Outstanding Balance
$16,518
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$301,982

Purchase Details

Closed on
Jun 21, 2010
Sold by
Southern Lakes & Leisure Llc
Bought by
Cruz Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,520
Interest Rate
4.81%
Mortgage Type
Purchase Money 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 Type Sale Price Title Company
Vendors Lien -- Eagle Title
Vendors Lien $29,520 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $19,125 Purchase Money Mortgage
Previous Owner $29,520 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 Sold -- -- --
05/13/2025 05/13/25 Price Changed $40,000 -14.9% --
01/07/2025 01/07/25 For Sale $47,000 -- --
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 $514 $35,150 $35,150 $0
2023 $477 $32,320 $32,320 $0
2022 $393 $25,530 $25,530 $0
2021 $450 $24,240 $24,240 $0
2020 $459 $24,240 $24,240 $0
2019 $452 $24,240 $24,240 $0
2018 $434 $24,240 $24,240 $0
2017 $434 $24,240 $24,240 $0
2016 $434 $24,240 $24,240 $0
2015 $536 $30,400 $30,400 $0
2014 $536 $30,400 $30,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20804572

North Texas Real Estate Information Systems (NTREIS)

APN: 250000300