Date
Details
Price
Change
Source
6/12/2025
Listed
$5,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$5,500,000
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Property Description
Experience elevated lakefront living in this 6-bedroom, 5.5-bath luxury smart home in Possum Kingdom Lake's prestigious Gaines Bend community. With 5,311 sq ft across three beautifully designed levels, this fully furnished home blends comfort, style, and entertainment. The gourmet kitchen features premium appliances, dual islands, and a walk-in pantry, perfect for hosting gatherings. Two spacious living rooms and two cozy fireplaces inside offer inviting spaces to relax while enjoying panoramic lake views. The second living area includes a full-size kitchen with bar top seating and an additional walk-in pantry, ideal for extended family or guests. Balconies on the top two stories deliver breathtaking lake vistas-perfect for morning coffee or evening sunsets. Outdoor amenities include a 2-story boat dock with 2 boat slips and a seadoo slip, providing effortless lake access. The property also offers 2-car covered parking and a storage shed for convenience. Smart home technology allows seamless control of lighting, climate, and security whether you're home or away. Located within the private, gated Gaines Bend neighborhood, this property offers peace and privacy while still being minutes from marinas, dining, and year-round recreation. Whether you're seeking a full-time residence, weekend retreat, or income-producing rental, this exceptional lakefront home delivers an unmatched Possum Kingdom Lake lifestyle. Properties of this quality are rarely available-schedule your private showing today.
Full Property Details
Full Property Details for 1007 Wax Wing Cove
General
- Price: $5,500,000
- HOA FEE: $83/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 20966252
- Updated: 6/13/2025
- Added to Site: 255 day(s) ago
Interior
- Interior Features: Built-in Features, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Pantry, Cable TV, Walk-In Closet(s), Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 3
- Fireplace(s): Stone, Wood Burning
- Appliances: Some Gas Appliances, Built-In Refrigerator, Double Oven, Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Plumbed For Gas, Refrigerator, Washer, Wine Cooler
- Flooring: Carpet, Ceramic Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 5
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup
Additional Information
- Security/Safety: Gated Community
Exterior
- Exterior Features: Boat Slip, Dock
- Porch/Patio/Deck: Covered
Parking
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Boat, Circular Driveway, Carport, Detached Carport
Location
- County: Palo Pinto
- Subdivision: Gaines Bend
- Driving Directions: Enter Gaines Bend from Hwy 16. At Mailbox Center, veer right onto Lakeshore Loop. Veer right onto Blue Jay Lane. Turn left onto Waxwing Cove and it will take you straight to the house.
School Information
- Elem School District: Palo Pinto ISD
- Midd School District: Palo Pinto ISD
- High School District: Palo Pinto ISD
- Elementary School: Palo Pinto
- Middle School: Palo Pinto
- High School: Mineral Wells
Community
- Gated community: Yes
- Association: Yes
- Assoc. Name: PMI Property Management
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Cable Available: Yes
- Utility Description: Electricity Available, Septic Available, Cable Available
Structural Information
- Architectural Style: Contemporary/Modern
- Structure Type: House
- Detached/Attached: Attached
- Construction: Rock, Stone
- Roof: Composition
- Living Area: 5,311 Sq. Ft.
- Year Built: 2012
Additional Structures
- Other Structures: Workshop
Lot Features
- Property View: Water
- Lot Size (Acres): 0.525
- Lot Size (Sq. Ft.): 22,869
- Lot Size Source: Assessor
- Frontage: All Weather Road
- Lot Features: Back Yard, Lawn, Landscaped, Waterfront, Retaining Wall
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Possum Kingdom
- Water Front Desc.: Boat Dock/Slip, Lake Front, Waterfront
- Lake Front: Yes
- Boat Dock Slip: Yes
Financial Considerations
- Association Fee: $1,000
- Assoc Fee Freq.: Annually
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial
- Property ID: R000016337
- Block: 1
- Lot Number: 11
Listed by RE/MAX Big Country, Brandi Smith
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 1007 Wax Wing Cove —
Brandi Smith
RE/MAX Big Country
325-721-8551
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1007 Wax Wing Cove
School District:Palo Pinto Independent School District
| Name | Grades | Distance |
|---|---|---|
Palo Pinto Elementary School 821 Oak Street, Palo Pinto, TX 76484 | PK-6 | 11.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1007 Wax Wing Cove
Tax History
Tax History for 1007 Wax Wing Cove
Year
Property Taxes
Change
Tax Assessment
Change
2024
$31,309
8%
$2,273,530
-4%
2023
$29,065
—
$2,362,710
10%
2023
$29,065
71%
$2,143,700
—
2022
$16,959
-5%
$2,143,700
84%
2021
$17,875
-5%
$1,163,540
—
2020
$18,792
-6%
$1,163,540
8%
2019
$20,057
-24%
$1,076,520
-23%
2018
$26,321
12%
$1,393,610
9%
2017
$23,425
-11%
$1,277,820
-12%
2016
$26,218
—
$1,450,190
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1007 Wax Wing Cove
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- Townhouse
- Active
- Updated 7 days ago
- 5Beds
- 4Total Baths
- Single Family
- Active
- Updated 5 days ago
- 5Beds
- 4Total Baths
1007 Wax Wing Cove, Graford, TX 76449 (MLS# 20966252) is a Single Family property with 6 bedrooms, 5 full bathrooms and 1 partial bathroom. 1007 Wax Wing Cove is currently listed for $5,500,000 and was received on June 12, 2025. Want to learn more about 1007 Wax Wing Cove? Do you have questions about finding other Single Family real estate for sale in Graford? You can browse all Graford real estate or contact a Coldwell Banker agent to request more information.