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$4,295,000

1003 Wax Wing Cove, Graford, TX, 76449

$4,321,337 ARVInfo
On MarketInfo
Beds5 Beds
Baths6 Bath
Baths5,449 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$788.22 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 6Bathrooms Full 6
AppliancesRefrigerator, Trash Compactor, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Range, Gas Water Heater, Ice Maker, Microwave, Tankless Water Heater, Warming Drawer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Dock, Gas Grill, Rain Gutters, Outdoor Grill, Outdoor Kitchen
Lot Size1.22 acres

Building Information

Garage Spaces3

Land Information

APN124370000.R91641
Lot Number2,13-14
SubdivisionGaines Bend Pk Lake
Land UseResidential
Legal DescriptionGAINES BEND PK LAKE BLK 1 LOTS 13 & 14 DEEDED LAND (PRICED AS 2 LOTS & 2 1/2 LOTS) G#G0050-00-00010-013-00-0
Census Tract000200
Assessed Land Value$907,120
Assessed Improvement Value$2,001,300
Assessment Year2025

About this property

Iconic NEW BUILD Lakefront Retreat in Gaines Bend!! Situated in a calm cove of the highly sought-after Gaines Bend community, this iconic home offers the perfect blend of privacy and lakefront living. With immediate access to the main channel of Possum Kingdom Lake, you’ll enjoy seamless days on the water from your private dock with 12ft of water and oversized boat garage. The spacious open-concept design includes 5 bedrooms, each with its own private en suite, creating a comfortable retreat for family and guests. A home office, second living space, wine room, dry bar, butlers pantry and more are just a few extras in this custom new build home! Designed for entertaining, the home offers a pool and hot overlooking PK, a fully equipped outdoor living center, and expansive spaces that flow effortlessly from indoors to out. Whether relaxing by the water, hosting friends around the pool, or setting off for a day on the lake, this property captures the best of Possum Kingdom living.

Investor Tools

$997,114Estimated Mortgage Balance
$3,254,886Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$4,321,337
Rent-to-Value Ratio: 0.72%
Rent Estimate
$25,770 /month
Positive
Cash Flow Estimate:
$8,590 /month

Interested in this property?

kathy lanpher

Century 21 Mike Bowman, Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,822/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,607
$2,908,420
2025
$907,120
$2,001,300
$2,908,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,607
$2,908,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Unknown
$1,000,000
No
First
Apr 17, 2026
Apr 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$997,114
$3,254,886
76%
23%
$5,996/mo

City: Graford

1003 Wax Wing Cove | Property Details | No Agent List