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General Description
minimizePRIME RESIDENTIAL & COMMERCIAL DEVELOPMENT OPPORTUNITY at Possum Kingdom Lake! The Sale includes The BREAKERS MARINA with Two Story Residence or Restaurant with ADDITIONAL 11.7 ACRES of Spectacular Waterfront & Interior Land perfect for FUTURE RV PARK, LAKE HOMES, CONDOS & or STORAGE. The Marina has 6 Docks with 56 Rental Slips, Retail Ship Store, Gas Dock, Jet Ski lifts, Public Restrooms, Boat Ramp with Ample Trailer Parking, PLUS the 2 story 2453 SqFt Restaurant and Bar have breathtaking Waterfront Views of PK, on an amazing Panoramic Point with ample room perfect for Private Parties, Concerts, and Events. All this is located off FM 1148. By land, on the Beautiful Westside of PK Lake, only 20 mins from Super Walmart, Shopping, Dining and Amenities in the small charming town of Graham TX. The location via lake is also centrally located just across from the Peninsula,& Eastside of PK & a short boat ride to the Famous Landmark Hell's Gate. This is a Rare Development Opportunity on PK!
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 | $689.56 | $1,691,500 | -11.61% | $1,691,500 | -11.61% |
| 2022 | $780.13 | $1,913,660 | 54.19% | $1,913,660 | 54.19% |
| 2021 | $505.96 | $1,241,130 | 42.66% | $1,241,130 | 42.66% |
| 2020 | $354.66 | $869,990 | -0.32% | $869,990 | -0.32% |
| 2019 | $355.80 | $872,770 | 0.00% | $872,770 | 0.00% |
| 2018 | $355.80 | $872,770 | $872,770 |
2023 Palo Pinto County Appraisal District Tax Value
| Market Land Value: | $1,019,390 |
| Market Improvement Value: | $672,110 |
| Total Market Value: | $1,691,500 |
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) | $ 13,349 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 2,080 |
| 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 |
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Property Map
minimize5001 Camp David Rd Possum Kingdom Lake TX 76450 was recently sold. It is a 11.70 Acre(s) Lot, 2,453 SQFT, 1 Beds, 1 Full Bath(s) & 2 Half Bath(s) in Westside.
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