1020 Highland Drive, Graford, TX 76449

Listing agent Keith Hanssen Show Phone

Listing office Possum Kingdom Real Estate v*@possumkingdom.com Graford, TX Show Phone

Listing date Jun 16, 2026

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MLS# 21300619 Listing URL

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Overview

This is a 1-acre waterfront homesite set on an elevated hilltop setting, offering sweeping views of Possum Kingdom Lake and the surrounding countryside. The property is located in The Ranch on Possum Kingdom, a gated community. Ownership includes access to a resort-style infinity pool known as “The Million-Dollar Swimming Hole,” courtesy boat day slips, equestrian facilities, sports courts, and a skeet shooting range, along with a private heliport for care flight. The community also offers more than 1,100 acres of ranchland with side-by-side and horseback riding trails.

The homesite is addressed at 1020 Highland Drive in Possum Kingdom Lake, Texas, in Palo Pinto County. A water meter is already in place, and electricity is underground, supporting a straightforward path to building.

For buyers planning a lake home, this lot provides a buildable waterfront setting within a destination-style community that supports a wide range of recreational use, from boating access to equestrian and outdoor sports. With key utilities already present and the site positioned for long-range views, it’s well suited for an owner-builder or anyone seeking a premium homesite in The Ranch on Possum Kingdom.

Suggested Use

Restaurant Auto Repair Shop Hotel & Motel Department Store HVAC Service Grocery & Convenience Store Wine and Liquor Store Car Rental Facility Restaurant Florist

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Graford

County

Palo Pinto

State

Texas

Longitude

-98.2671

Latitude

32.9289

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FAQs

What type of property is this?

Residential land & home lot - Elevated homesite with lake views and utilities in place, located within a gated community with extensive on-site amenities.

Where is this residential land & home lot 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 with elevated hilltop views; Sweeping views of Possum Kingdom Lake and surrounding countryside; Gated development with access to resort‑style infinity pool, courtesy boat day slips, and other amenities