5
beds
3
baths
1,579
sqft
EXCEPTIONAL LAKEFRONT property boasts a SPACIOUS 0.294-acre lot with over 100 feet of shoreline, presenting an ideal location for a luxurious lake lifestyle. Positioned on the Peninsula in the MOST POPULAR AREA OF POSSUM KINGDOM LAKE, the site offers close proximity to marinas, restaurants, fuel stations, and boat ramps, ensuring a harmonious blend of seclusion and convenience. This is a rare opportunity to acquire a piece of waterfront paradise in one of the most desirable areas. The BOAT DOCK IS SITUATED ON DEEP WATER, facilitating easy access to boating, fishing, and other recreational activities. A grandfathered lakeside deck offers unique possibilities for future enhancements. Additionally, this property has significant POTENTIAL TO GENERATE VACATION RENTAL INCOME. The existing two-level home can be utilized immediately and also offers scope for future renovation. Alternatively, the home could be replaced to accommodate a brand-new lake house on land valued at $900K plus site improvements. Experience breathtaking sunrises and sunsets over expansive lake views, surrounded by mature oak trees that impart a mountainous ambiance while remaining within Texas.
-
Listing Status:
-
Active
-
Date Added:
- March 31, 2025
—
8 days ago
-
Listing Office:
-
Possum Kingdom Real Estate, Keith Hanssen (940-328-4290)
-
Office Phone:
-
940-779-1111
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MLS ID:
-
20872545
Features & Amenities
Interior
- General:
- Kitchen Island, Open Floorplan, Tile Counters
- Appliances:
- Dryer, Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer
- Laundry:
- In Hall
- Flooring:
- Laminate, Tile
- A/C:
- true, Central Air, Ceiling Fan(s), Electric
- Heating:
- true, Central, Electric
- Fireplace:
- Wood Burning, Fireplace, Fireplaces: 1
Exterior
- General:
- Boat Slip, Deck, Dock
- Pool:
- None
- Parking:
- Open, Paved, Parking Pad
Construction
- Roofing:
- Metal
- General:
- Wood Siding, 2, Pillar/Post/Pier
Location
- Road/Access:
- Asphalt
- HOA Amenities:
- Trash, Annually
- Originating MLS:
- NTR
- School District:
- Graford ISD
- County:
- Palo Pinto
Lot
- Topography:
- Rough
- Zoning:
- ACRES: 0.294 PK LAKE 5-2-31 AREA 1-10 LOT 38-, 22348
- View:
- Water, View
Utilities
- Utilities:
- Electricity Available, Septic Available, Water Available
- Water:
- Community/Coop
- Sewer:
- Septic Tank
Financial
- Source:
- NTR
This listing courtesy of:
Possum Kingdom Real Estate, Keith Hanssen
Monthly Payment
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
*Your actual payment may vary based on your unique situation.
$--- Est. Payment
-
$--- BAH
=
$--- Remaining
Nearby Schools
Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.
About Graford, TX
Housing
- Number of Units
- 2,027
- Median Home Value
- $184,465
- Median Rent
- $591
13.27%
of
housing units are renter occupied.
48.72% are vacant.
Commute
- Car
-
79.68%
- Public Transportation
-
0.00%
- Walk to Work
-
3.50%
- Work from Home
-
15.72%
- Other
-
1.10%
The median travel time to work is
27 minutes.
People
- Population
- 2,470
- Median Age
- 56.00
- Median Household Size
- 2.47
Education
- High School
-
29.57%
- Associate’s Degree
-
5.20%
- Bachelor’s Degree
-
12.97%
- Graduate Degree
-
6.49%
Disclaimer: Community and Demographic information uses data from the U.S.
Census Bureau
but is not endorsed or certified by the Census Bureau.
