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Lake View Waterfront Land
For Sale
$825,000

1000 Palomino Trail, Graford, TX 76449

LAND - Graford, TX

Property SizeContact for details
Lot Size1.55 Acres
Days on Market159

Property Features for 1000 Palomino Trail

General Information

Property type Land
Property subtype Other
Zoning description Residential, resort
Exterior features Dock
Subdivision Ranch
Lot features Acreage, Back Yard, Lawn
View Water
Elementary school Graford
Middle school Graford
High school Graford
Elementary school district Graford ISD
Middle school district Graford ISD
High school district Graford ISD
Directions Contact agent for gps pin
Standard status Active
APN 24382
Lot size 1.55 Acres

Taxes and HOA fees

Tax Description ACRES: 1.554 THE RANCH BLK I LOT I-8 (DEEDED
Tax Annual Amount 9152
HOA Fee $6,300 Annually
Legal Description ACRES: 1.554 THE RANCH BLK I LOT I-8 (DEEDED

Utilities

Water source Public
Water front features Lake Front
Water front 1
Listing Agency: Century 21 Mike Bowman, Inc. · Century 21 Real Estate
Listed By: Michael Avidon · License #0647171
Added: Mar 14 Changed: Aug 19 Last Checked: Aug 19 at 1:06PM
MLS# 20937632

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This waterfront land offering includes a 1.554-acre building site positioned above a main channel of Possum Kingdom Lake, providing expansive, panoramic water views. Located within The Ranch at Possum Kingdom, the property is designed for buyers who want the flexibility to bring their own builder and develop a custom lake home.

Set inside a gated community, The Ranch spans more than 1,000 acres of shared open space and includes a resort-style pool, a private boat ramp, a sports complex, an equestrian center, and a skeet shooting range, along with horse facilities. The setting emphasizes privacy and an elevated feel overlooking the water.

For buyers seeking a premium lakefront homesite, this parcel offers a strong combination of water-view orientation and community amenities. It may also appeal to investors looking for a desirable, build-ready waterfront piece within an established, amenity-rich development at Possum Kingdom Lake.

Key Highlights

  • 1.5‑acre lakefront lot with lake views in The Ranch at Possum Kingdom
  • Perched above a main channel of Possum Kingdom Lake
  • Located in a gated development with over 1,000 acres of shared open space

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Storage Facility Real Estate Agency Bed & Breakfast Restaurant Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 76449, TX

2,542
Population
2,832
Households
0.9
Avg Household Size
52
Median Age
28%
College-Educated
93%
High-School Grad
206.1 sq mi
ZIP Area
12
Density / Sq Mi
$70,819
Median Household Income
$43,427
Median Earnings
$943
Median Rent
$268,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Waterfront lot with panoramic views in a gated development with resort-style amenities and private boat access.
Where is this waterfront land located?
The property is located at 1000 Palomino Trail Graford, TX.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 1.5‑acre lakefront lot with lake views in The Ranch at Possum Kingdom; Perched above a main channel of Possum Kingdom Lake; Located in a gated development with over 1,000 acres of shared open space
More about this property
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