$458,500

0000 Texas Highway 16 Graford, TX 76449

Estimated payment $2,595/month

26.97 Acres
$16,999 Price per Acre
1,174,900 Sq Ft Lot

About This Lot

Discover a rare 26.972-acre unrestricted property offering exceptional versatility and prime accessibility just minutes from Possum Kingdom Lake. With direct road access from Highway 16, Rock Creek Loop, and Hoot Ave, this tract provides multiple entry points and excellent visibility for a variety of uses. Whether you're looking to build a private residence, develop commercial facilities, or subdivide into smaller tracts, the opportunities are wide open. Unrestricted status allows you to create exactly what you envision, including barndominiums, lake retreats, RV sites, storage facilities, rental cabins, or a mixed-use layout. Large acreages this close to the lake are increasingly hard to find, making this an attractive option for both investors and end-users. Utilities are readily available, with water service through Possum Kingdom Water Supply and electricity through United Co-op, giving you a strong head start on development. The land offers ample space for building sites, livestock, or long-term investment potential. Whether you’re seeking a personal homestead with room to grow or exploring a commercial venture in a high-demand lake area, this property delivers the freedom, size, and location that set it apart.

Listing Agent

Merit Holstein

Possum Kingdom Real Estate Brokerage Phone: (940) 779-1111 License #0762126 Listed on: 11/14/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,084

Lot Details

  • 26.97 Acre Lot
  • Property fronts a highway
  • Many Trees
  • Zoning described as Residential or Commercial

Schools

  • Graford Elementary School
  • Graford High School

Listing and Financial Details

  • Assessor Parcel Number 01190

Property Details

Property Type

Land

Est. Annual Taxes

$2,084

Lot Details

0

Listing Details

  • OWNERNAME: On File
  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Water Body Name: Possum Kingdom
  • Attribution Contact: (940) 779-1111
  • Co List Office Mls Id: PKBE01
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48363:01190
  • Special Features: VirtualTour

Exterior Features

  • Waterfront: No
  • RoadFrontageType: County Road, City Street, Highway, All Weather Road
  • RoadSurfaceType: Asphalt

Utilities

  • Utilities: Electricity Available

Schools

  • Elementary School: Graford
  • High School: Graford
  • Junior High Dist: Graford ISD

Lot Info

  • PossibleUse: Agricultural, Cattle, Commercial, Development, Hunting, Investment, Single Family, Unimproved
  • Lot Features: Acreage, Many Trees
  • Lot Size Units: Acres
  • Lot Size Area: 26.972
  • Parcel Number: 01190
  • Lot Size Acres: 26.972
  • Lot Size Sq Ft: 1174900.32
  • Zoning Description: Residential or Commercial
  • Present Use: Unimproved

Tax Info

  • Tax Annual Amount: 2084.0

MLS Schools

  • MiddleOrJuniorSchool: Graford

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2025 11/14/25 For Sale $458,500 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21112248

North Texas Real Estate Information Systems (NTREIS)