$895,000
$255K PRICE DROP

1505 Mcadams Rd Graford, TX 76449

Estimated payment $5,951/month

Total Views 3,041
3 Beds
2 Baths
2,107 Sq Ft
$425 Price per Sq Ft

Highlights

  • Lake Front
  • Partially Wooded Lot
  • Eat-In Kitchen
  • Docks
  • Covered patio or porch
  • Tile Countertops

About This Home

Prime Lakefront Opportunity! This older 3-bed, 2-bath cabin sits on a prime, level lakefront lot in a protected no-wake cove with 20’+ deep water at the dock—ideal conditions for a high-end custom build or luxury vacation retreat. The existing cozy cabin offers large windows with lake views, an open kitchen-living area, a finished room just off the kitchen serves as convenient storage, and a covered porch facing the water, but the real value lies in the incredible lakefront lot: level spacious yard with seawall and easy level walk out to a nice covered deep water boat dock, mature trees, and sunset views that set the stage for a spectacular new build. With steel siding, low-maintenance roof, and comes furnished with short-term rental potential, you can generate income now while planning your future dream project. Lakefronts in popular areas with all these desirable characteristics like this are hard to find—redevelop now or hold for long-term value.

Listing Agent

Darcie Vescera

Possum Kingdom Real Estate Brokerage Phone: (940) 779-1111 License #0775758 Listed on: 05/16/2025

Co-Listing Agent

Vee Hanssen

Possum Kingdom Real Estate Brokerage Phone: (940) 779-1111 License #0440948

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,925

Year Built

  • Built in 1960

Lot Details

  • 0.39 Acre Lot
  • Lake Front
  • Wood Fence
  • Partially Wooded Lot
  • Few Trees

Parking

  • No Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Metal Roof
  • Steel Siding

Interior Spaces

  • 2,107 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • <<microwave>>
  • Tile Countertops

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Docks
  • Covered patio or porch
  • Outdoor Grill

Schools

  • Graford Elementary School
  • Graford High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Constantin Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 14908

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,925

Year Built

Built in 1960

Lot Details

0

Listing Details

  • OWNERNAME: Rowland
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Unit Levels: One
  • Year Built Details: Preowned
  • Water Body Name: Possum Kingdom
  • Attribution Contact: (940) 779-1111
  • Co List Office Mls Id: PKBE01
  • Co List Office Phone: (940) 779-1111
  • Co List Office Mls Id: PKBE01
  • Structure Type: House
  • Special Features: VirtualTour
  • Year Built: 1960

Interior Features

  • Square Footage: 2107.0
  • Windows: Window Coverings
  • Fireplace Features: Wood Burning
  • Interior Amenities: Eat-in Kitchen, Tile Counters
  • Flooring: Carpet, Linoleum
  • Appliances: Gas Water Heater, Microwave
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Fencing: Fenced, Wood
  • Roof: Metal
  • Construction Materials: Frame, Steel Siding
  • Exterior Features: Dock, Outdoor Grill
  • Pool Features: None
  • Waterfront: Yes
  • Patio And Porch Features: Covered
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s)
  • Parking Features: No Garage
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Sewer: Septic Tank
  • Heating: Central, Fireplace(s)
  • LaundryFeatures: Washer Hookup
  • Utilities: Septic Available, Water Available
  • Heating Yn: Yes

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Few Trees, Retaining Wall
  • Lot Size Units: Acres
  • Lot Size Area: 0.385
  • Parcel Number: 14908
  • Lot Size Acres: 0.385
  • Lot Size Sq Ft: 16770.6

Building Info

  • Year Built: 1960
  • SeniorCommunityYN: No

Tax Info

  • Tax Lot: 12
  • Tax Annual Amount: 11925.0

Multi Family

  • WaterfrontFeatures: Boat Dock/Slip, Lake Front

MLS Schools

  • MiddleOrJuniorSchool: Graford

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,925 $814,730 $545,720 $269,010
2023 $9,983 $676,430 $407,420 $269,010
2022 $10,424 $676,430 $407,420 $269,010
2021 $6,445 $347,040 $147,780 $199,260
2020 $6,572 $347,040 $147,780 $199,260
2019 $6,467 $346,900 $147,780 $199,120
2018 $5,247 $292,980 $100,050 $192,930
2017 $5,247 $292,980 $100,050 $192,930
2016 $5,571 $311,080 $130,810 $180,270
2015 $4,713 $268,580 $130,810 $137,770
2014 $4,713 $267,440 $130,810 $136,630
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Price Changed $895,000 -3.2% $425 / Sq Ft
07/02/2025 07/02/25 Price Changed $925,000 -2.1% $439 / Sq Ft
06/24/2025 06/24/25 Price Changed $945,000 -5.0% $449 / Sq Ft
05/27/2025 05/27/25 Price Changed $995,000 -13.5% $472 / Sq Ft
05/16/2025 05/16/25 For Sale $1,150,000 -- $546 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Eagle Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Construction
Source: Public Records

Similar Homes in Graford, TX

  • 1057 Airport Rd, Graford, TX 76449

    $799,000

    • 4 Beds
    • 3 Baths
    • 2,580 Sq Ft
    • 1057 Airport Rd
    • Graford, TX

    Pilots Welcome – Easy access from Possum Kingdom Airport (F-35), right across the street! This lakefront jewel boasts a warm flair. Many updates to this comfortably appointed home, including new windows, flooring, paint, cabinets,, counter tops landscaping, and much more. Gorgeous wood beamed ceilings with beadboard and large lakeside windows to offer amazing lake views. Spacious Master suite

    Tony Klapper Coldwell Banker Realty

    Section Image
  • 1044 Chapel Ridge Rd, Graford, TX 76449

    $675,000

    • 3 Beds
    • 2.5 Baths
    • 2,529 Sq Ft
    • 1044 Chapel Ridge Rd
    • Graford, TX

    Welcome to this beautifully designed bungalow featuring a bright and spacious open concept layout. With a modern finish out thought-out, this home seamlessly blend style and functionality, offering a perfect space for both entertaining friends and family at the lake! Generously size bedrooms, inviting kitchen, with sleek finishes and ample storage, picturesque pound views form the backyard,

    Michael Avidon Century 21 Mike Bowman, Inc.

    Section Image
  • 2037 Harris Dr, Graford, TX 76449

    $785,000

    • 2 Beds
    • 1 Bath
    • 1,208 Sq Ft
    • 2037 Harris Dr
    • Graford, TX

    Sandy Beaches, gorgeous views, This lakefront property is one of the best locations on the lake. Friendly access to over 100' shoreline of sandy beach make it a great place for swing or water games. The covered deck is perfect for watching the kids play or the gorgeous views while enjoying a cold drink. The cabin is spacious with the kitchen and living room having an open concept, only one

    Michael Lee PREMIER PROPERTIES

    Section Image
  • 575 Bay Hill Dr, Graford, TX 76449

    $795,000

    • 4 Beds
    • 3 Baths
    • 2,970 Sq Ft
    • 575 Bay Hill Dr
    • Graford, TX

    YOUR SEARCH IS OVER! Luxury Mediterranean Retreat with swimming pool PLUS unobstructed Possum Kingdom Lake Views! SEE AERIALS!! Experience refined resort living at its best with this beautifully appointed 4-bedroom, 3-bathroom Mediterranean-style home, perfectly positioned to capture unobstructed lake views across a scenic greenbelt accented by natural boulder outcroppings. Located within the

    Vee Hanssen Possum Kingdom Real Estate

    Section Image
  • 327 Butler Point Rd, Graford, TX 76449

    $850,000

    • 4 Beds
    • 2 Baths
    • 1,811 Sq Ft
    • 327 Butler Point Rd
    • Graford, TX

    Lakefront Hidden Gem with Private Dock & WorkshopDon’t judge a book by its cover—this lakefront beauty will surprise you the moment you step inside! Tucked along the serene shoreline, this stylish 4-bedroom, 2-bath home offers modern interiors and unbeatable outdoor perks on just shy of one acre.Step inside to a freshly updated interior boasting a light-filled kitchen with quartz

    Brooke Smart Smart Realty

    Section Image
  • 2181 Trail Ridge Rd Unit 2, Graford, TX 76449

    $1,049,000

    • 5 Beds
    • 3 Baths
    • 1,579 Sq Ft
    • 2181 Trail Ridge Rd
    • Unit 2
    • Graford, TX

    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

    Keith Hanssen Possum Kingdom Real Estate

    Section Image
  • 110 Coghill Dr, Graford, TX 76449

    $795,000

    • 3 Beds
    • 3.5 Baths
    • 2,984 Sq Ft
    • 110 Coghill Dr
    • Graford, TX

    MOTIVATED SELLER: Fully furnished Custom Built Lake House in The Cliffs Resort. This large home sits on the Champions Golf Course in The Cliffs Resort while also boasting a lake view.The home was built to provide each resident with their own master bedroom and full bathrooms. Custom Showers built with pebbles to make your guests feel beachy. You will be in awe while enjoying the sunsets or

    Sam Reid Berkshire HathawayHS Pondera

    Section Image
  • 175 River Rd, Graford, TX 76449

    $980,000

    • 4 Beds
    • 3 Baths
    • 2,114 Sq Ft
    • 175 River Rd
    • Graford, TX

    Amazing waterfront property on over an acre on quiet cove at PK Lake! Completed remodeled down to the studs! Why build when you can buy this! Breathtaking water views the moment you walk in! Open floor plan! Room to entertain! Fabulous kitchen with seated island, SS appliances, quartz countertops & glass cabinets! A bonus prep kitchen with additional sink & dishwasher, microwave too! Two living

    Julie Bologna eXp Realty LLC

    Section Image
  • 350 Castle Harbour Dr, Graford, TX 76449

    $799,000

    • 4 Beds
    • 3 Baths
    • 2,989 Sq Ft
    • 350 Castle Harbour Dr
    • Graford, TX

    This is it! Gorgeous water view home in the fabulous Cliffs Resort on Possum Kingdom Lake. Looking for the perfect part time or full time home? So many options here. 4 bedrooms with 2 master bedroom options (one on each level), 3 full bathrooms with bonus garage half bathroom, large open loft providing amazing views, beautiful windows showcasing PK lake, wood look tile throughout main areas,

    Robbyn Reid Legacy Realty Group

    Section Image

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20933743

North Texas Real Estate Information Systems (NTREIS)

APN: 14908