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$1,968,000

NAL Estimated Property Value

1023 Cardinal Cove, Graford, TX, 76449

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,408 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,058.97 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBasketball Court, Boat Slip, Built-in Barbecue, Dock, Fire Pit, Rain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen, Private Yard
Lot Size17,860 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN124390000
Lot Number17
SubdivisionGaines Bend Pk Lake
Land UseResidential
Legal DescriptionGAINES BEND PK LAKE BLK 1 LOT 17 G#G0050-00-00010-017-00-0
Census Tract000200
Assessed Land Value$589,380
Assessed Improvement Value$1,115,580
Assessment Year2025

About this property

Welcome to your dream lakefront home! This stunning new property boasts a modern open floor plan that seamlessly blends luxury, comfort, and tranquility. Nestled in a quiet cove, it features a private dock, a sparkling pool, and a basketball court—perfect for an active family seeking the ideal home away from home. As you walk through the front door, your eyes will be drawn to the wall of glass that frames a breathtaking view of the serene swimming pool and the calm lake beyond. The open concept living, dining, and kitchen area is bright and welcoming, offering a perfect space to unwind after a long day. Two large glass sliders lead to a spacious outdoor patio with vaulted wood plank ceilings. Here, you can enjoy your favorite sporting events on the large outdoor TV while grilling or lounging by the pool. Dine or play cards at the large round outdoor table, all while taking in the stunning views. The master suite is a sanctuary with a wall of windows overlooking the pool, basketball court, and quiet cove. Wake up to beautiful sunrises over the cliff wall from the comfort of your bed. The master bathroom features two separate vanities, a soaking tub, a walk-in shower, and a separate toilet room. A second king bedroom is located next to a full bathroom with a walk-in shower, while two additional bedrooms each feature two queen beds and share a bathroom with a double vanity, walk-in shower, and separate toilet area. The two-car garage with separate access to the upstairs suite with two queen beds and a full bathroom is approximately 420 additional sqft, making the property a 5 bedroom, 4 bath. This beautiful home offers everything you need for a life of luxury and relaxation by the lake. Don’t miss the opportunity to make it yours!

Investor Tools

Property Icon
$1,968,000
Estimated Property Value
$1,883,310Estimated Mortgage Balance
$84,690Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,300 /month
Positive
Cash Flow Estimate:
$5,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,775/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,465
$1,704,960
2025
$589,380
$1,115,580
$1,704,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$23,465
$1,704,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$1,920,000
No
First
Apr 18, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,883,310
$84,690
4%
96%
$11,512/mo

City: Graford

1023 Cardinal Cove | Property Details | No Agent List