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$124,000

NAL Estimated Property Value

1016 Enchanted Rock Court, Graford, TX, 76449

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Private PoolPrivate Pool
Lot Size3.01 acres

Land Information

APN250003300
Lot Number565-R
SubdivisionHills Above Possum Kingdom
Land UseResidential
Legal DescriptionHILLS ABOVE POSSUM KINGDOM PH 3 SEC 5 LT 565-R G#H0000-03-00500-565-0R-0
Census Tract000100
Assessed Land Value$58,700
Assessment Year2025

About this property

Discover the perfect canvas for your dream country lake retreat on this serene 3-acre homesite in the gated Hills Above Possum Kingdom Lake community. Tucked into a peaceful, moderately treed setting this picturesque property offers the soothing sights and sounds of nature with a gentle creek along the side of the lot and open ranch land behind creating a sense of privacy, space, and wide-open Texas beauty. Wake up to birdsong, golden sunrises, and the quiet rhythm of lake country living, all while enjoying the comfort of upscale, resort-style amenities just minutes away. Residents of this sought-after Possum Kingdom Lake neighborhood enjoy exclusive access to a stunning infinity-edge swimming pool and modern fitness center, perfect for relaxing or recharging after a day on the water. Spend weekends at the community lake cabin, launch your boat from the private boat ramp, or take advantage of the community dock and boat storage for effortless days cruising the sparkling waters of Possum Kingdom Lake. From fishing and swimming to sunset boat rides, every day feels like a getaway. This exceptional lot offers the ideal blend of country space, lake lifestyle, and luxury living, making it perfect for a full-time residence, weekend escape, or long-term investment in one of North Texas’ most desirable lake communities. Throughout the year, neighbors come together for popular community events, including the unforgettable Fourth of July fireworks display over the lake, creating a warm and welcoming atmosphere that truly feels like home. If you’re searching for land for sale near Possum Kingdom Lake, a gated lake community in Texas, or the perfect place to build a custom lake home with acreage, this rare three-acre property delivers it all—privacy, beauty, amenities, and a lifestyle designed around relaxation, recreation, and connection to nature. Build your future here and experience lake living the way it was meant to be-peaceful, elevated, and unforgettable.

Investor Tools

Property Icon
$124,000
Estimated Property Value
$18,589Estimated Mortgage Balance
$105,411Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$750 /month
Positive
Cash Flow Estimate:
$250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$107/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$661
$58,700
2025
$58,700
N/A
$58,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$661
$58,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veterans Land Board Of The State Of Tx
Va
$21,600
Yes
First
May 17, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$18,589
$105,411
85%
15%
$130/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Graford

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1016 Enchanted Rock Court | Property Details | No Agent List