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$400,000

1782 FM 2951 21, Graford, TX, 76449

$489,638 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths1,280 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$312.5 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Refrigerator

Exterior

Lot Size6.60 acres

Building Information

Year Built2007

Land Information

APN186620100
Lot Number1-A
SubdivisionPk Lake
Land UseCommercial
Legal DescriptionPK LAKE 3-1-94 AREA 1-36 LOT 1-A (AKA AREA 1-38) RETREAT ON PK LAKE G#P0500-00-01360-001-0A-0 --- HIDE A WAY CABINS
Census Tract000100
Assessed Land Value$575,080
Assessed Improvement Value$209,230
Assessment Year2025

About this property

Condo number 21. This beautifully finished condo has 2 levels, 2 bedrooms and 1.5 baths. Gorgeous lake and pool views from both upper deck and patio. This condo is being sold fully furnished and turnkey ready everything stays, so just bring your suitcases and you are all set to enjoy the lake with all the amenities that The Retreat has to offer! Community pool, and outdoor game area. When you are not using your lake condo, consider offering it as a short-term rental an earn some additional income! Located on the peninsula near restaurants, grocery store, hiking trails and the marina. Basic Wi-Fi, trash, water, community pool maintenance, outdoor rec area and ground maintenance included with the HOA.

Investor Tools

$39,296Estimated Mortgage Balance
$745,014Estimated Equity
94% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$489,638
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,706 /month
Positive
Cash Flow Estimate:
$1,569 /month

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Smart Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,649/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,862
$784,310
2025
$575,080
$209,230
$784,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,862
$784,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pk Retreat Homes Lc
Purchase Money Mortgage
$40,000
No
First
Aug 27, 2025
Aug 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$39,296
$745,014
94%
5%
$240/mo

Learn About the Market: Opportunity in Texas

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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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