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Lot 75 Lake Shore, Graford
$129,000
21178655 MLS
This Prime 2.6+ acre corner lot in the prestigious gated community of Gaines Bend on Possum Kingdom Lake is the perfect opportunity to build your dream home or vacation rental! This property features a level topography, ideal for an easier foundation when building and allowing gorgeous lake views from your second-floor retreat. You’ll love the natural wildlife and the beautiful mature live oak tree on the southwest corner adding character. Enjoy paved road access on two sides for added convenience, and utilities including water, sewer, and electricity accessible from the street.Located just minutes from the community boat ramp, courtesy docks, and rental slips, this lot offers excellent access to lake activities. The Retreat at Gaines Bend allows short-term rentals, providing great investment potential. Residents can also enjoy ATV and golf cart access throughout the community.Don't miss this opportunity to build in one of Possum Kingdom Lake's most sought-after communities!

Lot 75 Lake Shore, Graford

Lot 218 Castle Harbour, Graford
$29,000
21175353 MLS
Lot includes a yearly One Week timeshare at The Cliffs Vista Condos over looking the marina, a value of $5,000. WATER AND GOLF COURSE VIEW!!!! Come take advantage of a rare opportunity in The Cliffs Resort. From ground level you can see the water inside Neeley's Slough, a protected inlet of PK lake, as well as a large section of the manicured golf course. Lot has multiple bunches of small oak trees, ready to be shaped into the perfect outdoor shade area. Lot ownership gives you access to the plethora of amenities offered by The Cliffs including the restaurant, 36 rounds of golf annually on the Championship golf course, access to the clubhouse, marina, parks, and much much more. This is a gated and guarded community, so you will need an agent to gain access, so call your favorite lake agent and come see this rare opportunity.

Lot 218 Castle Harbour, Graford

1782 Fm 2951, Unit 18, Graford
$399,500
3 Beds ⋅ 3 Baths ⋅ 21173056 MLS
Charming cottage-style lake retreat perfectly positioned on the peninsula with beautiful lake views and unbeatable access to everything you love about lake living. This 3-bedroom, 2-bath home is being offered fully furnished, making it truly turnkey and ready for immediate enjoyment or rental income. Enjoy access to the resort-style pool overlooking the lake, just steps away, and take advantage of the rental-friendly community for excellent investment potential. Whether you’re relaxing on the patio, entertaining guests, or heading out to nearby restaurants just minutes away, this property delivers the ideal blend of comfort, convenience, and lifestyle. A perfect weekend escape, or income-producing lake getaway — this one checks all the boxes.

1782 Fm 2951, Unit 18, Graford

Lot 60 Gaines, Graford
$125,000
21162659 MLS
Welcome to your dream retreat in the exclusive Reserves of Gaines Bend, a private community with an HOA ensuring a pristine and tranquil living experience. This remarkable property, spanning 5.195 acres, is a testament to luxury living in the heart of Possum Kingdom Lake. Surrounded by the natural beauty of Possum Kingdom Lake, the location offers breathtaking views and a serene atmosphere. All sorts of wild animal are around, deer, rams, turkey; quite a sight to see. Whether you envision building your dream home, a vacation retreat, or an investment property, this 5.195-acre lot in the Reserves of Gaines Bend presents a unique opportunity. Seize the chance to own a slice of paradise in this exclusive community. Don't miss out on the chance to make this property yours!

Lot 60 Gaines, Graford

1036 Lake Shore Loop, Graford
$60,000
21162268 MLS
Discover an exceptional opportunity to build your dream getaway or year-round residence on this pristine 1.76-acre blank canvas. This expansive and level building site is surrounded by the famous red rocks and dramatic scenery that make Possum Kingdom feel more like a hidden canyon in the Southwest than a typical Texas lake. Located within the exclusive gated community of The Reserve at Gaines Bend, owners here enjoy a front-row seat to the lake's most spectacular events, including the world-renowned Red Bull Cliff Diving World Series and a legendary annual Fourth of July fireworks display. This property is just minutes from the iconic Hell’s Gate, where massive 90-foot cliffs create a majestic passage that serves as the social heart of the lake. As the premier destination for boating and recreation in North Texas, this location offers total privacy while providing owners with private access to community boat ramps and lake entry points. Full-time boat slips are also available to lease at the private marina, giving you even more flexibility to enjoy life on the water. Whether you envision a custom luxury lake home, a weekend retreat, or a high-end investment property with strong short-term rental appeal, this generous acreage positions you to capture a lake experience that is truly unlike anywhere else in the state. Don’t miss your chance to build a legacy where others only wish they could.

1036 Lake Shore Loop, Graford

Carnoustie Dr Carnoustie, Graford
$50,000
21168014 MLS
Discover the opportunity to own a piece of paradise in The Cliffs , on of Possum Kingdom Lakes most desirable gated golf communities. This beautiful unimproved land is the perfect setting to build your dream home, nestled between rolling hills and scenic views. Residents of The Cliffs enjoy resort-style amenities, including a championship 18 hole golf course, three sparkling pools , a luxurious clubhouse , and 24-7 gated security for your peace of mind. Water and sewer access are available , offering convenience and readiness for your future build. Whether you're an avid golfer, lake enthusiast , or simply seeking a tranquil retreat, this property offers the quintessential Texas Hill Country lifestyle - just minutes from the crystal-clear waters of Possum Kingdom Lake . Don't miss this exceptional opportunity to invest in one of the PK Lake's most prestigious communities.

Carnoustie Dr Carnoustie, Graford

Tbd Fm 1148, Graford
$2,464,000
21167684 MLS
An exceptional opportunity to acquire 320± acres overlooking Possum Kingdom Lake in the heart of Palo Pinto County, featuring Caudill Mountain, a named county summit rising to approximately 1,360+ feet in elevation. This unique high point offers commanding views of Possum Kingdom Lake on one side and a sweeping valley panorama on the other, creating a rare dual-aspect vantage seldom found on privately held ranch land. The property showcases dramatic topography with rolling hills, rugged slopes, elevated ridgelines, and scenic high points that provide expansive views from multiple locations. Native oak, mesquite, and cedar blend with open pasture and grassed areas, delivering both visual appeal and functional grazing capacity. Two established stock tanks and a water tap enhance the ranch’s recreational and agricultural utility, supporting wildlife and livestock operations. The property benefits from an existing agricultural exemption and is well-suited for cattle operations, hunting, recreational use, and future residential development. The ranch also includes a cellular communications tower generating approximately $500 per month in rental income, with all electrical service and related utility costs paid by the tower operator, providing supplemental passive revenue. With approximately 2,000 feet of FM road frontage, access is provided via an all-weather road and available co-op electric service. The ranch is unzoned and unrestricted, allowing flexibility for a private estate, legacy ranch, recreational retreat, or long-term investment holding. Wildlife is abundant, including whitetail deer, hogs, dove, ducks, and native game species. The varied terrain and vegetation create diverse habitat and natural cover throughout the property. This is a rare opportunity to own a landmark-quality ranch centered around one of Palo Pinto County’s signature high points—offering elevation, views, privacy, income potential, and versatility in a premier Possum Kingdom Lake setting.

Tbd Fm 1148, Graford

1397 Canyon Wren South Loop, Graford
$20,000
21154723 MLS
Build your dream home or weekend retreat on this peaceful 2-acre hillside homesite in the desirable Hills Above Possum Kingdom Lake. Set along a scenic rocky slope, the property offers dramatic natural character and the potential for breathtaking views—an ideal setting for a thoughtfully designed custom residence. Located within a private, gated Hill Country community, the lot provides a quiet sense of seclusion surrounded by native trees and rugged terrain, perfect for those seeking privacy and a true connection to nature. Water and electricity are available at the street, offering convenience when you’re ready to build. Lot ownership includes access to all neighborhood amenities, including boat storage, a community boat ramp and dock, clubhouse with pool and fitness center, fishing pond, lake access, picnic area with cabin, nature trail, and more than 20 miles of private gated roads—allowing you to enjoy the full Possum Kingdom Lake lifestyle while coming home to privacy and space. There is no requirement to build immediately. Build when you’re ready and select the builder that best fits your vision. CCRs require a minimum 2,500 sq ft residence. When the time comes, the seller does have thoughtfully designed home plans available that may be customized if desired. Enjoy the freedom of acreage living with the convenience of resort-style lake amenities, all less than two hours from DFW.

1397 Canyon Wren South Loop, Graford

1106 Green Elm, Graford
$69,900
21157122 MLS
WELCOME TO WATER RIDGE ESTATES! Come and plan your dream home or second home get-away. This lot has beautiful mature trees. Water Ridge offers a beautiful Possum Kingdom Lake community with so amenities to make lake living fun and convenient. Some of the amenities include a resort style community center including swimming pool, sand volleyball court, playground, community facility and private access to Water Ridge Estate’s own Tranquility Cove. Tranquility Cove which is located less than a 3 minute drive from your new home. There you will find facilities and amenities available only to Water Ridge property owners, boat ramp, courtesy boat slips, sand volleyball and playground. Come and design the home that you wish for, build on your own timeline. Skytop Homes has several home plans to choose from or you can customize the home that meets your needs. You will have the option of short term rental, some restrictions apply.

1106 Green Elm, Graford

Tbd Green Elm, Graford
$66,900
21156046 MLS
WELCOME TO WATER RIDGE ESTATES! Come and plan your dream home or second home get-away. Water Ridge offers a beautiful Possum Kingdom Lake community with so amenities to make lake living fun and convenient. Some of the amenities include a resort style community center including swimming pool, sand volleyball court, playground, community facility and private access to Water Ridge Estate’s own Tranquility Cove. Tranquility Cove which is located less than a 3 minute drive from your new home. There you will find facilities and amenities available only to Water Ridge property owners, boat ramp, courtesy boat slips, sand volleyball and playground. Come and design the home that you wish for, build on your own timeline. Skytop Homes has several home plans to choose from or you can customize the home that meets your needs. You will have the option of short term rental, some restrictions apply.

Tbd Green Elm, Graford

Lot 55R Mourning Dove, Graford
$165,000
21146882 MLS
Offering a Prime Expansive Homesite located in a scenic area of nature's beauty,10 level acres with good soil within the gated community of The Hills Above Possum Kingdom Lake. This acreage features paved road frontage on 2 sides; electric is available and 2 paid impact fees for coop water. The HOA fee includes a fitness center, swimming pool, fishing pond, picnic area, clubhouse, private boat ramp, boat dock and insures the future stability for any investments in this property. Custom Homes are allowed with no immediate build requirement, larger animals, barns and workshops are permitted. This retreat with lake access and outdoor recreation is ideal for a weekend getaway or fulltime living. May Divide, Possible Owner financing.

Lot 55R Mourning Dove, Graford

11060 254th Hwy, Graford
$550,000
21146705 MLS
11060 SH 254 - Graford, Texas 59.724± Acres - Palo Pinto County This 59.724± acre ranch offers a turnkey opportunity to own a well-located recreational and weekend property in the heart of North Texas ranch country. Situated along State Highway 254 near Graford, the property features excellent access through a gated entrance with an electronic opener, providing both privacy and convenience. Land Characteristics: The land is characterized by rolling terrain with native grasses, scattered brush, and hardwood cover, creating an ideal habitat for wildlife. The ranch supports populations of whitetail deer and hogs, along with the occasional turkey, dove, and other small game, making it well-suited for hunting and outdoor recreation. A small pond adds both aesthetic appeal and a dependable water source for wildlife. Improvements: A well-built gravel road gives you access to the improvements, which include: A pavilion large enough to accommodate an RV or store any equipment. Water well (with reverse osmosis system). Electricity service with RV hookups. The footprint and rough plumbing have been installed for a barndominium. Plans available on request. The perimeter is fenced with five strand barbed-wire and is in excellent condition. Location & Distances: Fort Worth: approximately 95± miles DFW International Airport: approximately 115± miles Possum Kingdom Lake: approximately 10± miles Conveniently located within easy reach of Graford, Possum Kingdom Lake, and the Dallas–Fort Worth Metroplex Oil and Gas: Surface estate only. No minerals convey. One well that is fenced off is located on the NW corner of the property. Well has its own entrance. No pipelines If you are looking for a recreational retreat, hunting property, or long-term land investment, this ranch offers the essential elements buyers seek—location, utilities, access, and wildlife.

11060 254th Hwy, Graford

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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