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$196,000

NAL Estimated Property Value

801 Pat And Herman # 43, Graford, TX, 76449

$254,800 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,840 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.89 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
FlooringVinyl

Land Information

APN181140000
Lot Number13-43
SubdivisionPats Camp Pk Lake
Land UseResidential
Legal DescriptionPATS CAMP PK LAKE 38-1-50 AREA 10B LT 13-43 (IMP ONLY) G#P0250-00-0010B-013-43-0
Census Tract000100
Assessed Improvement Value$190,390
Assessment Year2025

About this property

Welcome to Pat and Herman’s Camp – a thoughtfully updated lakefront retreat designed for peaceful mornings and long weekends. This fully remodeled, move-in-ready home features new flooring throughout, including upgraded subflooring for added comfort and durability. A new roof was installed in March 2025, and a brand-new water heater adds to the list of recent improvements. Inside, the updated interior offers a clean, inviting feel—perfect for weekend getaways or full-time living. The cozy layout is functional, refreshed, and ready for your personal touches. Step outside and enjoy the tranquil setting just a short walk to the water, with the option to build your own dock. Imagine morning coffee with lake views or launching your boat from your backyard. A key highlight: the annual land lease is only $4,400, with total ownership costs (including taxes) Offered at $285,000, this is a rare opportunity to own an affordable, updated lakefront home. Don’t miss your chance to enjoy the lake lifestyle—without the premium price tag. No Air BnB or renting out is allowed.

Investor Tools

Property Icon
$196,000
Estimated Property Value
$0Estimated Mortgage Balance
$196,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$254,800
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$276/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,331
$190,390
2025
N/A
$190,390
$190,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,331
$190,390

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$196,000
100%
0%
$0/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.

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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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801 Pat And Herman # 43 | Property Details | No Agent List