Waterfront
Listed By:
The Brokerage Residential LLC
Address
1011 Possum Point, Graford, TX
Price
$ 5,250,000
Property Attributes
  • MLS#21385630
  • TypeSingle Family
  • Listing Status Active
  • CountyPALO PINTO
  • CityGraford
  • NeighborhoodGainesbend Park Lake
  • Zip76449
  • StyleSingle Family Residence
  • Year Built2021
  • Taxes$ 41654
  • Price$ 5,250,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms1
  • Sqr Footage5362
  • Lot Size0.347 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Perched on a spectacular point at Possum Kingdom Lake, this exceptional waterfront estate offers breathtaking panoramic views and an incredible setting for luxury lake living. Wake to beautiful sunrises from the primary suite and unwind in the evenings as vibrant sunsets illuminate the picturesque cliff wall across the water. Designed for both relaxation and entertaining, this expansive 5 bedroom, 4.5 bath home features soaring vaulted ceilings, walls of windows, and generous living spaces filled with natural light and lake views. At the heart of the home, a massive oversized island creates the perfect gathering place for holidays, celebrations, and unforgettable weekends at the lake. The chef's kitchen features premium Thermador appliances and flows seamlessly into a fully conditioned outdoor kitchen with roll up garage style windows, creating an impressive indoor outdoor entertaining space for year round enjoyment. The luxurious primary suite is a private retreat with a fireplace, expansive walk in closet, and spa inspired bath featuring a large freestanding soaking tub. Upstairs, two guest bedrooms share a spacious living and game room, providing a private and comfortable retreat for family and guests. Outside, enjoy the pool, hot tub, fire pit, and incredible waterfront setting. A whole home generator provides automatic backup power to the entire residence, offering added comfort and peace of mind during power outages. The oversized RV barn offers exceptional storage and exciting expansion potential, with plans already in place to add three additional bedrooms and three bathrooms above. With high end finishes, exceptional entertaining areas, expansive accommodations, and some of the most impressive views on Possum Kingdom Lake, this remarkable estate delivers the ultimate lakefront lifestyle.

Elementary School
Palo Pinto Elementary School
Price History
9/14/2026 Listed $5,250,000

General Features

Utilities Co-op Electric,Co-op Water,Private Sewer
Possession Closing/Funding
Roof Metal
Appliances Gas Range,Ice Maker,Microwave,Double Oven,Refrigerator,Tankless Water Heater,Vented Exhaust Fan,Washer
Assoc Fees 1000
Number of Garage Spaces 2
School District Palo Pinto ISD
HOA Fee Includes Full Use of Facilities,Maintenance Grounds,Management Fees
Pool Y/N Yes
Year Built 2021
Levels One and One Half
Unexempt Taxes 41654
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Gainesbend Park Lake
Transaction Type For Sale
Carport Spaces 2
County Palo Pinto
Property Type Residential
Association Fee Frequency Annually
HOA Type Mandatory
Full Baths 4
Status Active
Directions Stay on Gaines Bend Drive. At the Y,keep right onto Lake Shore Loop. Continue on Lake Shore Loop,then keep right onto Bluebonnet. Follow Bluebonnet until it runs into Possum Point. Turn onto Possum P
City Graford
Elementary School Name Palo Pinto
High School Mineral Wells
Elementary School Palo Pinto
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21385630
Standard Status Active
Listing Terms 1031 Exchange,Cash,Other

Interior Features

Interior Features Built-in Features,Cathedral Ceiling(s),Chandelier,Decorative Lighting,Double Vanity,Dry Bar,Eat-in Kitchen,Flat Screen Wiring,High Speed Internet Available,Kitchen Island,Open Floorplan,Pantry,Sound
Fireplace Features Propane
Fireplaces Total 2
Dining Areas 2
Living Areas 3
Room Count 2
Half Baths 1
Lock Box Type None
Total Bedrooms 5
Total Baths 5
Laundry Features Utility Room,Full Size W/D Area

Exterior Features

Waterfront Yes
Parking Features Additional Parking,Attached Carport,Circular Driveway,Porte-Cochere,Concrete,Garage
WaterFront Features Dock – Covered,Lake Front,Lake Front – Main Body
Lot Size Less Than .5 Acre (not Zero)
Covered Spaces 4
Foundation Slab
Lot Size Area 0.3470
Lot Size Units Acres
Structural Style Lake House,Single Detached,Vacation Home
Garage Y/N Yes
Lot Size Square Feet 15115.3200
Lot Size Acres 0.3470
Attached Garage Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 76449

Price
AVG $1.27M
$5.25M
Taxes
AVG $12,436
$41,654
Year Built
AVG 2010
2021

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