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    0000 Hwy 16 Hwy Graford, TX 76449

    Under Contract
    For Sale
    $458,500

    Unimproved Land - Graford, TX

    Type:Unimproved Land
    Lot size:
    26.97 Acres
    Days on Market:
    8
    Last Refresh:
    Dec 8 at 9:06 am

    Property Features for 0000 Hwy 16 Hwy

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active Under Contract
    APN
    01190
    Lot size
    26.97 Acres

    Building Details

    Architectural style
    Other

    Possum Kingdom Broker, LLC (940) 779-1111 [email protected]

    Listing agent Merit Holstein (940) 779-1111 License #0762126

    Listing date Dec 1, 2025

    MLS# 21112248 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Unrestricted Land Near Possum Kingdom

    This 26.972-acre unrestricted property offers versatility and accessibility, located minutes from Possum Kingdom Lake. The tract benefits from direct road access via Highway 16, Rock Creek Loop, and Hoot Ave, providing multiple entry points and visibility suitable for various uses. The unrestricted status allows for the construction of a private residence, commercial facilities, or subdivision into smaller tracts. Potential developments include barndominiums, lake retreats, RV sites, storage facilities, rental cabins, or a mixed-use layout. Utilities are readily available, with water service provided by Possum Kingdom Water Supply and electricity through United Co-op. The land provides ample space for building sites, livestock, or long-term investment. This property is suited for a personal homestead or a commercial venture in a high-demand lake area.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Graford
    County
    Palo Pinto
    State
    Texas
    Longitude
    -98.40865882
    Latitude
    32.94667986

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    FAQs

    What type of property is this?
    Land - 26.972-acre unrestricted property near Possum Kingdom Lake.
    Where is this land located?
    The property is located at 0000 Hwy 16 Hwy Graford, TX.
    What is the asking price?
    The asking price for this property is $458,500.
    What are key features of this property?
    This property features: - Unrestricted 26.972-acre property near Possum Kingdom Lake.; - Prime accessibility with direct road access from Highway 16, Rock Creek Loop, and Hoot Ave.; - Utilities readily available: water service through Possum Kingdom Water Supply and electricity through United Co-op.
    (940) 779-1111
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    0000 Hwy 16 Hwy Graford, TX 76449
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    Graford, TX 76449
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    0000 Hwy 16 Hwy Graford, TX 76449
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