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Property profile & analytics
OFF-MARKET
Land

1270 Plateau Pl Graford, TX 76449

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1-acre commercial lot is located at 1270 Plateau Pl, Graford, TX 76449, within the prestigious Ranch subdivision in Palo Pinto County. Priced at $175,000, this unimproved land boasts breathtaking views of the lake and surrounding pastures. The property features mature trees, including cedar and oak, and is situated on a private road with asphalt surfacing. Utilities include electricity, a private water meter, and an all-weather road; however, sewer is not available. The lot is part of a gated community with a mandatory homeowner's association fee of $6,000 annually. Association amenities are extensive and include a community pool, boat ramp, horse facilities, jogging/bike paths, a park, stables, and tennis courts. The property is served by the Graford ISD, encompassing Graford Elementary, Middle, and High Schools. Development status includes installed streets and utilities. Directions are as follows: Park Rd 36 to the Harbor Guarded Entrance, turn right on Harbor Way, left onto Highland, then left onto Plateau Place. The lot is located at the top of the road, offering panoramic views. The soil type is rocky/shale. The lot's size is verified by the assessor. This is a rare opportunity to own a piece of this exclusive community, offering a blend of luxury and natural beauty. The property is ready for development and presents a unique investment opportunity. The lot is subdivided and has easements for utilities. A community mailbox is also available.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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