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    1241 Balcones Ln Graford, TX 76449
    Property profile & analytics

    1241 Balcones Ln, Graford, TX 76449

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    • Land
    • 2.01 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Land

    Property Details for 1241 Balcones Ln

    Lot size
    2.01 lot acres
    Property type
    Land

    Description

    This exceptional 2.01-acre commercial lot in Graford, Texas, presents a unique investment opportunity. Situated on a hillside overlooking a subdivision, this property boasts stunning views and a peaceful cul-de-sac location with minimal neighbors. The lot is part of "the Hills" subdivision, providing access to an array of desirable amenities, including a community clubhouse with a pool and fitness center, boat storage, a picnic area with a cabin, a community ramp and dock, a fishing pond, and twenty miles of private roads. The property is conveniently located in Palo Pinto County, zip code 76449, and falls within the Graford ISD. Utilities are installed, including electricity and water (individual meter), with an all-weather asphalt road providing convenient access. The lot features a private road frontage, and the soil type is limestone and rocky/shale. The property is partially wooded and offers a desirable interior lot location within a cul-de-sac. The annual HOA fee is $800, and the HOA, managed by PKPOA, provides full use of the community facilities. The lot is unzoned and is already subdivided. Detailed directions are available: From Hwy 16, proceed to Gate 3 of the Hills at Pk Hills Blvd. Turn left onto Canyon Wren Loop, go over the hill, and turn right onto Balcones Lane. This property is ideal for developers or investors seeking a prime location with exceptional amenities and breathtaking views. The asking price is $45,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Graford
    County
    Palo Pinto
    State
    Texas
    Longitude
    -98.3819
    Latitude
    32.9832
    More about this property
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