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$465,000

1782 FM 2951 #3, Graford, TX, 76449

$587,276 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,200 Sq Ft
price_per_sqft$387.5 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, 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

Immaculately remodeled and maintained cabin a stone's through from the crystal blue water of Possum Kingdom Lake is now available! This fully furnished Retreat cabin is turn key and ready for you and your family to enjoy, PLUS start making income asap as a short term rental. Sleeps 10! This adorable cabin has all the amenities you'd want in a vacation home, plus an amazing view of PK!! The Retreat is located on the highly desirable Peninsula, close to all the fun at Possum Kingdom Lake! Boat ramp and boat rentals are located directly across the street if you'd like to enjoy the best lake in the state of Texas! Boating, skiing, wakeboarding, you name it, this lake is perfect for it!! After a long day on the water let someone else do the cooking since dining, shopping and live entertainment are just minutes away. The minute you arrive you'll see why The Retreat is the first choice for a weekend getaway like no other! Just think, a lake house that can pay for itself if the justification you've always needed, don't let this one pass you by!

Investor Tools

$39,356Estimated Mortgage Balance
$744,954Estimated Equity
94% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$587,275
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,706 /month
Positive
Cash Flow Estimate:
$1,569 /month

Interested in this property?

Jan Johanson

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,649/month
$4,000/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
$39,356
$744,954
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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1782 FM 2951 #3 | Property Details | No Agent List