
4447 Chapel Rd Graham, TX 76450
Estimated payment $4,717/month
Highlights
- Lake Front
- 1-Story Property
- Level Lot
- Dry Bar
- Many Trees
- 1-minute walk to Possum Kingdom State Park
About This Home
Possum Kingdom Lakefront Renovation Opportunity with Shop & Covered Parking
An exceptional opportunity to own a waterfront property with endless potential on Possum Kingdom Lake. This property offers a rare combination of features—sprawling mature Pecan shade trees, beautifully maintained St. Augustine lawns, and a gentle beach-like shoreline on one side balanced by deeper water access on the other.
Before restrictions were in place, the owner thoughtfully dredged the dock area, creating rare deeper-water frontage where a dock can sit. Currently, there is a dock on the property not attached.
At the center, a man-made peninsula extends into the lake, surrounded by a retaining wall with steps down into the water at the very end. Perfect for fishing, swimming, or taking in panoramic views, this feature creates an unmatched lakeside experience as it allows you to walk on land further out towards the center of the lake. There is a possibility that this peninsula can be repaired, subject to BRA approval.
The beautifully built home, built in 1985 and still livable, features tall ceilings and custom woodwork but is ready for a complete remodel. The property also includes a large shop with ample storage and covered parking, ready and waiting for someone to come put some work into it to restore it to its original glory.
For those seeking more, there is an option to purchase the adjoining lot, creating over one acre of prime Possum Kingdom Lake shoreline.
This is an amazing opportunity to acquire a lakefront property with unmatched features and unlimited possibilities— even the ability to expand, perfect for creating your dream retreat.
Listing Agent
Smart Realty Brokerage Phone: 817-999-3067 License #0804328 Listed on: 08/20/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,653
Year Built
- Built in 1985
Lot Details
- 0.6 Acre Lot
- Lake Front
- Level Lot
- Many Trees
Interior Spaces
- 2,848 Sq Ft Home
- 1-Story Property
- Dry Bar
- Fireplace Features Masonry
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- 6 Carport Spaces
- No Garage
- Additional Parking
- Deeded Parking
Schools
- Graford Elementary School
- Graford High School
Utilities
- Cable TV Available
Community Details
- Pk Lake Subdivision
Listing and Financial Details
- Tax Lot E-2
- Assessor Parcel Number 30217
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,653 | $577,530 | $340,120 | $237,410 |
2023 | $6,999 | $507,920 | $329,680 | $178,240 |
2022 | $6,651 | $507,920 | $329,680 | $178,240 |
2021 | $7,295 | $493,050 | $329,680 | $163,370 |
2020 | $6,771 | $357,560 | $194,190 | $163,370 |
2019 | $6,704 | $359,570 | $194,190 | $165,380 |
2018 | $6,193 | $345,860 | $194,190 | $151,670 |
2017 | $5,507 | $307,530 | $155,860 | $151,670 |
2016 | $5,317 | $296,890 | $155,860 | $141,030 |
2015 | $2,252 | $279,430 | $155,860 | $123,570 |
2014 | $2,252 | $297,460 | $174,720 | $122,740 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/20/2025 08/20/25 | For Sale | $750,000 | -- | $263 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Vendors Lien | -- | None Available | |
Vendors Lien | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $50,967 | Adjustable Rate Mortgage/ARM | |
Closed | $57,825 | No Value Available | |
Closed | $50,967 | Adjustable Rate Mortgage/ARM |
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Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21037455

APN: 30217
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