Search
Lake View Homesite in Gated Community
For Sale
$299,000

1020 Highland Drive, Graford, TX 76449

LAND - Possum Kingdom Lake, TX

Property SizeContact for details
Lot Size1.00 Acre
Days on Market33

Property Features for 1020 Highland Drive

General Information

Property type Land
Property subtype Other
Zoning description Residential
Vegetation Wooded
Subdivision The Ranch
Lot features Acreage, Interior Lot, Many Trees
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 access permission must be obtained from The Ranch. Enter through the Service gate (NOT the main gate) and check in at the guard shack for entry.
Standard status Active
APN 24400
Lot size 1.00 Acre

Taxes and HOA fees

Tax Description ACRES: 1.000 THE RANCH BLK L LOT L-2 G#R0225-
Tax Annual Amount 2074
HOA Fee $7,000 Annually
Legal Description ACRES: 1.000 THE RANCH BLK L LOT L-2 G#R0225-
Listing Agency: Possum Kingdom Real Estate
Listed By: Keith Hanssen
Added: Jul 4 Changed: Aug 1 Last Checked: Aug 5 at 12:06AM
MLS# 21300619

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 for-sale lake homesite in The Ranch on Possum Kingdom is set on an elevated hilltop setting, designed to capture sweeping views of Possum Kingdom Lake and the surrounding countryside. The offering is a single 1-acre parcel at 1020 Highland Drive. A water meter is already in place, and electricity is provided underground, supporting a smoother path to planning and building your lake residence.

The community is a gated development with access to a broad amenity package, including a resort-style infinity pool and courtesy boat day slips. Additional on-site features listed include equestrian facilities, sports courts, a skeet shooting range, and a private heliport for care flight. The Ranch also includes more than 1,100 acres of ranchland with side-by-side and horseback riding trails.

For buyers looking to build a private lake home, this parcel offers an elevated vantage point combined with established utilities. With gated community access to recreational amenities and extensive acreage for riding and outdoor use, the property may fit owners who want a lifestyle-focused setting while building their own custom retreat.

Key Highlights

  • 1‑acre homesite at 1020 Highland Drive in The Ranch on Possum Kingdom
  • Elevated hilltop setting with sweeping views of Possum Kingdom Lake and surrounding countryside
  • Access to community amenities including a resort‑style infinity pool and courtesy boat day slips

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick HVAC Service Auto Repair Shop Grocery & Convenience Store Travel Agency Wine and Liquor Store

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

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

13
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - Elevated, view-rich homesite with a water meter in place and underground electricity ready for construction planning.
Where is this waterfront land located?
The property is located at 1020 Highland Drive Graford, TX.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1‑acre homesite at 1020 Highland Drive in The Ranch on Possum Kingdom; Elevated hilltop setting with sweeping views of Possum Kingdom Lake and surrounding countryside; Access to community amenities including a resort‑style infinity pool and courtesy boat day slips
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message