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$2,043,500

NAL Estimated Property Value

2301 Pratt Ln, Graford, TX, 76449

$2,247,771 ARVInfo
Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,034 Sq Ft
price_per_sqft$371.84 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

AuctionOff-Market ListDeal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
AppliancesDishwasher, Disposal, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Outdoor Grill, Rain Gutters
Lot Size32,539 sqft

Building Information

Year Built2007
Garage Spaces3

Land Information

APN184200000
Lot NumberN
SubdivisionPk Lake 5-2-31 Area 1-13
Land UseResidential
Legal DescriptionPK LAKE 5-2-31 AREA 1-13 LOT N (FEE SIMPLE .694 AC & FERC .053 AC) G#P0500-00-01130-00N-00-0
Census Tract000100
Assessed Land Value$835,830
Assessed Improvement Value$1,207,670
Assessment Year2025

About this property

AUCTION BIDDING OPEN: Bidding ends 11-30. Previously Listed $2.8M. High Bid $1.5M No Reserve. Showings By Appt. Open House Sat and Sun. Lakefront living has never been sweeter than this peninsula residence on Texas’ beloved Possum Kingdom Lake. Some of the very best views of PK stretch beyond the inviting outdoor spaces that truly embrace this coveted location. More than 1,600 square feet of covered patio, two pergolas, and a gorgeous outdoor kitchen invite alfresco entertaining at every opportunity. A sparkling pool and spa beside a spectacular stone fireplace tempt with endless relaxation and recreation through hot days and cool nights. The open-concept kitchen promises a venue for hosting family or friends in comfortable luxury. A second primary suite, recently added to the first floor, offers privacy for VIP guests or an ideal owner’s retreat. Beyond the shoreline, the property’s private dock with one motorized boat slip and two motorized ski slips invite exploration of PK Lake.

Investor Tools

Property Icon
$2,043,500
Estimated Property Value
$1,117,290Estimated Mortgage Balance
$926,210Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$2,247,771
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,261 /month
Positive
Cash Flow Estimate:
$4,087 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,344/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$29,909
$2,043,500
2025
$835,830
$1,207,670
$2,043,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$29,909
$2,043,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Commercial
$1,250,000
No
First
Nov 30, 2020
Dec 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,117,290
$926,210
45%
55%
$7,495/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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2301 Pratt Ln | Property Details | No Agent List