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$47,000

Lot 87 Colonial Drive, Possum Kingdom Lake, TX, 76449

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Level cleared lot in the Cliffs Resort on beautiful Possum Kingdom Lake! Situated on the #7 Green & #8 Tees of the once named Most Scenic Golf Course in the State. Located in Phase 1 with all large lots, all concrete roads and gorgeous homes in the area, you'll feel right at home here. This lot has been loved and cared for, meticulously manicured, trees trimmed beautifully and the seller even planted extra hard woods for extra shade. Its definitely a park like setting like no other! No time in which you have to build, so invest now and ENJOY 36 free rounds of golf, pools, spa, bar and grill, marina and so much more! This lot can be purchased with the adjoining lot #88 in listing #20218407

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$1,300/month
5.947%

Learn About the Market: Opportunity in Texas

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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: Possum Kingdom Lake

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Lot 87 Colonial Drive | Property Details | No Agent List