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$265,000

1441 Ponderosa Drive 1-2, Graford, TX, 76449

$344,500 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,279 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$207.19 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListDeal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1983

Land Information

APN113120200
SubdivisionConstantin Pk Lake
Land UseResidential
Legal DescriptionCONSTANTIN PK LAKE PONDEROSA CONDOS UNIT 1-2 (IMP ONLY)
Census Tract000100
Assessed Improvement Value$375,300
Assessment Year2025

About this property

Bright and Airy condo with BOAT SLIP AND LIFT included with your dues. Open living and kitchen offers eat in bar, beautiful vaulted ceilings and handsome WBFP. Enclosed patio adds additional living and dining space with access to lakeside landing. Guest space to accommodate family or friends. Easy walk out to your own private slip to enjoy beautiful Possum Kingdom Lake! This condo development is conveniently located near grocers, restaurants and shopping. Escape the city and enjoy this lock and leave property. Some furnishings do convey.

Investor Tools

Property Icon
$394,000
Estimated Property Value
$0Estimated Mortgage Balance
$223,754Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$344,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,364 /month
Positive
Cash Flow Estimate:
$788 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$622/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,493
$375,300
2025
N/A
$375,300
$375,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,493
$375,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colonial National Mortgage
Conventional
$187,500
No
First
Jul 16, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,246
$223,754
56%
43%
$1,125/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

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.

Explore Texas Explore This Area
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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1441 Ponderosa Drive 1-2 | Property Details | No Agent List