USLakeFront Lake survey & intelligence

$605,000

6021 Cove Rd, Graford, TX 47460

Sample listing
3
Bedrooms
4
Bathrooms
2,850
Square feet
180 ft
Shoreline
$3,361
Per shoreline ft

Wooded acreage with private shoreline on Possum Kingdom Lake. Roughly 180 feet of owned shoreline on 2.74 acres, with 3 bedrooms across 2,850 square feet. No dock. Water clarity on Possum Kingdom Lake averages around 12 feet and the lake is classified managed for water level. Dock and shoreline work fall under Brazos River Authority. This is a sample listing used to demonstrate the platform.

Features

Private dockOpen floor planSandy beachWood stove

Property facts

Property typeCondo Year built1980 Lot size2.74 acres DockNo dock Water depth at dock8 ft ExposureSouth-facing ViewProtected cove Annual taxes$7,655 HOA$45/mo Short-term rentalPermitted Listed2026-08-05
$5,450
All-in monthly
$138,770
Cash to close
$16,952
Costs beyond the obvious

Up front

Down payment$121,000
Closing costs (est. 2.4%)$14,520
Septic inspection & pump$850
Water quality testing$400
Waterfront home inspection$800
Survey (shoreline frontage)$1,200
Total$138,770

Every year

Principal & interest$38,251
Property taxes$7,655
Hazard insurance$2,541
Flood insurance$2,400
HOA / POA dues$540
Utilities$3,848
Maintenance reserve (1.1%)$6,655
Septic service$520
Well & water testing$260
Dock maintenance$900
Winterization / seasonal close$750
Shoreline / seawall reserve$1,080
Total$65,400
Adjust these assumptions →
$3,361
This home / shoreline ft
$4,871
Lake average
$212
Per square foot
Well below the lake average — this property prices at $3,361 per shoreline foot against a lake average near $4,871, a difference of -31%. Shoreline frontage is the metric that drives waterfront value, and it is almost never published.
Open the analyzer →
Modeled from the lake's estimated nightly rate and occupancy. Confirm local short-term rental rules before you rely on this.
Booked nights / year100 Gross revenue$53,009 Lodging tax−$5,831 Management−$9,436 Cleaning & supplies−$12,329 Net operating income$25,414 Against annual carry$-39,986
Model your own →
6.0
Lake score
C
Water grade
15 ft
Drawdown
Level stabilityManaged Typical clarity12 ft Dock authorityBrazos River Authority
Full Possum Kingdom Lake report →
Comparable

Similar waterfront