All Photos
General Description
minimizeThis charming open concept Ulrich log cabin sits on half an acre in a prime location on the peninsula at PK Lake and was built new from ground up in 2020. New septic system, new electric line and new water line. The house can be used as a primary residence, vacation getaway, or for short term rentals. This turn-key cottage has been generating income with STRs since 2021. With no HOA, there is plenty of opportunity to build another cabin, add to this existing one, add an outdoor kitchen, etc. The possibilities are endless. This is a unique property with business and personal opportunities. Vaulted ceiling, wood laminate floors and pine with cedar wainscoting, are just some of the detailed attention to the finish out that is best seen in person! Grocery stores, restaurants, and public boat docks are just around the corner! Most all furnishings will be conveyed with sale of property. The weather is beautiful this time of year! See you here!
Rooms/Lot Dimensions
Interior Features
Exterior Features
Additional Information
Source
Selling Agent and Brokerage
minimizeProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $214.47 | $114,100 | 0.00% | $114,100 | 0.00% |
| 2022 | $214.47 | $114,100 | 3.78% | $114,100 | 3.78% |
| 2021 | $206.65 | $109,940 | -0.15% | $109,940 | -0.15% |
| 2020 | $206.97 | $110,110 | -6.03% | $110,110 | -6.03% |
| 2019 | $220.26 | $117,180 | 27.49% | $117,180 | 27.49% |
| 2018 | $172.76 | $91,910 | 0.00% | $91,910 | 0.00% |
| 2017 | $172.76 | $91,910 | 5.41% | $91,910 | 5.41% |
| 2016 | $163.89 | $87,190 | 16.78% | $87,190 | 16.78% |
| 2015 | $140.34 | $74,660 | 0.00% | $74,660 | 0.00% |
| 2014 | $140.34 | $74,660 | -0.41% | $74,660 | -0.41% |
| 2013 | $140.92 | $74,970 | 9.62% | $74,970 | 9.62% |
| 2012 | $128.55 | $68,390 | $68,390 |
2023 Palo Pinto County Appraisal District Tax Value
| Market Land Value: | $65,540 |
| Market Improvement Value: | $48,560 |
| Total Market Value: | $114,100 |
2023 Tax Rates
| PALO PINTO COUNTY: | 0.3059 % |
| EMERGENCY SERVICE DISTRICT 1: | 0.0274 % |
| GRAFORD ISD: | 0.8404 % |
| PALO PINTO HOSPITAL DISTRICT: | 0.3021 % |
| Total Tax Rate: | 1.4758 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 1,295 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 140 |
| Home Owners Insurance | Get a Quote |
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Good |
View Nearby Schools ↓
Property Map
minimize1916 Roadrunner Rd Possum Kingdom Lake TX 76449 was recently sold. It is a 0.50 Acre(s) Lot, 532 SQFT, 1 Beds, 1 Full Bath(s) in Pk Lake.
Click to view phone
Email Broker
items