$40,000
SOLD OCT 11, 2024
Last list price

Lot 86 Colonial Dr Possum Kingdom Lake, TX 76449

0.27 Acre
$147,059 Price per Acre
11,848 Sq Ft Lot

Recently Sold

140 Days on Market

Highlights

  • On Golf Course
  • Palo Pinto Elementary School Rated A+
  • Oak Trees

About This Lot

As of October 2024

Fantastic opportunity to own your own piece of paradise in the Cliffs Resort championship golf course community located at beautiful Possum Kingdom Lake! This full sized lot makes this an excellent location for you to build your dream home on the #7 green. Bring the builder of your choice with no time restrictions on when to build. Paved roads, water, sewer and electrical are already in place. PK is the most beautiful lake in Texas with panoramic views of hundred foot cliffs, deep blue water, home to infamous Hell's Gate and the best fireworks shows in Texas. Fish are always biting and the Brazos River below the lake provides even more access with canoe-kayak float adventures and fun for the whole family. The Cliffs Resort has 2 pools, tennis courts, 36 free rounds of golf per year, pro shop, bar & restaurant, fitness center, and an award winning VIP marina. Get out of the city and enjoy the fun and natural beauty of Possum Kingdom Lake, it's better here!

Last Agent to Sell the Property

Jan Johanson

eXp Realty LLC Brokerage Phone: 940-745-1411 License #0626643 Listed on: 04/26/2024

eXp Realty LLC

Last Buyer's Agent

Michael Powell

Mike Powell Real Estate License #0421507

Property Details

Property Type

  • Land

Lot Details

  • 0.27 Acre Lot
  • On Golf Course
  • Oak Trees
  • Cedar Trees
  • Mesquite Trees

HOA Fees

  • $108 Monthly HOA Fees

Schools

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

Utilities

  • Private Water Source
  • Private Sewer

Community Details

  • Association fees include full use of facilities, security
  • The Castle Group HOA, Phone Number (954) 792-6000
  • The Cliffs Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 86 / ph I
  • Assessor Parcel Number 12196

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Deed
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Water Body Name: Possum Kingdom
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Attribution Contact: 940-745-1411
  • Special Features: None

Exterior Features

  • Easements: Other
  • RoadSurfaceType: Concrete

Utilities

  • Utilities: Concrete, Private Sewer, Private Water

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Security
  • Association Fee: 1300
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: The Castle Group
  • HOA Management Company: 954-792-6000

Association/Amenities

  • DevelopmentStatus: Streets Installed, Utilities Installed

Schools

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

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees, Cedar, Mesquite, Oak, On Golf Course, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.2720
  • Parcel Number: 12196
  • Lot Size Acres: 0.2720
  • Lot Size Sq Ft: 11848.3200
  • Zoning Description: residential
  • Present Use: Recreational, Residential, Resort, Single Family

Tax Info

  • TaxBlock: ph I
  • Tax Lot: 86

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 For Sale $65,000 +62.5% --
10/11/2024 10/11/24 Sold -- -- --
09/14/2024 09/14/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $40,000 +25.0% --
02/15/2023 02/15/23 Sold -- -- --
01/26/2023 01/26/23 Pending -- -- --
01/02/2023 01/02/23 For Sale $32,000 +28.0% --
10/20/2021 10/20/21 Sold -- -- --
09/27/2021 09/27/21 Pending -- -- --
02/07/2021 02/07/21 For Sale $25,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Powell

    Seller's Agent in 2025

    Michael Powell

    Mike Powell Real Estate

    (940) 328-2677

    78 Total Sales

    Michael Powell
    Section Image
  • Jan Johanson

    Seller's Agent in 2024

    Jan Johanson

    eXp Realty LLC

    (940) 745-1411

    71 Total Sales

    Jan Johanson
    Section Image
  • Ric Hayward

    Seller's Agent in 2021

    Ric Hayward

    Coldwell Banker Realty

    (940) 654-0804

    61 Total Sales

    Ric Hayward
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20599351

North Texas Real Estate Information Systems (NTREIS)

Texas Palo Pinto County 76449

Lot 86 Colonial Dr, TX

This home is located at Lot 86 Colonial Dr, Possum Kingdom Lake, TX 76449 and is currently priced at $40,000. Lot 86 Colonial Dr is a home located in Palo Pinto County with nearby schools including Palo Pinto Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

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