Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land Near Possum Kingdom Lake Title is generated by Realmo AI

    1063 Clearwater Point, Graham, TX 76450

    View on Map
    Claim this Listing
    For Sale
    $199,000

    LAND - Possum Kingdom Lake, TX

    Lot size:
    1.32 Acres
    Added:
    Mar 2, 2026
    Days on Market:
    95
    Last Refresh:
    Jun 5 at 10:06 pm

    Property Features for 1063 Clearwater Point

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Cleared
    Standard status
    Active
    APN
    569242
    Lot size
    1.32 Acres

    Taxes and HOA fees

    Tax Description
    ACRES: 1.316 LOT: 00115 CLEARWATER POINT LOT
    Tax Annual Amount
    3956

    Utilities

    Water source
    Private

    We can help!

    Listing Contact
    Judy Smith
    Judy Smith

    Listing agent Judy Smith License #0738531

    Listing office RE/MAX Elite Group Wichita Falls, TX

    Listing date Mar 2, 2026

    MLS# 21164816 Listing URL

    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.

    HighLights

    • Boat ramp and courtesy dock available for owners.
    • Enjoy the community swimming pool.
    • Utilities installed by summer 2026.
    • Asphalt pavement slated for summer 2026.
    • Community center.
    • Mailboxes at community center.

    Overview

    This 1.316-acre land parcel is located in Possum Kingdom Lake, Texas. The streets are currently gravel but are slated to be finished with asphalt pavement. Utilities are planned for installation by the summer of 2026. Community amenities will include mailboxes and a swimming pool. A boat ramp and courtesy dock will be available for use by owners.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Graham
    County
    Young
    State
    Texas
    Longitude
    -98.4790006
    Latitude
    32.9055933

    Nearby Similar for Sale

    • $999,999
      5,000 SF

      Turnkey Restaurant Off Main Highway

      Well-established, highly visible restaurant with full-service bar and turn-key operations for an owner-operator or investor.
      1111 State Highway 16 S, Graham, TX 76450
      View Details
    • $650,000

      Professional Office Building with Reception

      Well-maintained office suite with private offices and adaptable open workspaces designed for productive, client-facing teams.
      620 Oak Street, Graham, TX 76450
      View Details
    • $899,700

      Industrial Flex Property with Fenced Yard

      Secure, fully fenced yard complements a dedicated office suite and a high-clearance shop with large bay doors.
      528 US Highway 380 W, Graham, TX 76450
      View Details
    • $450,000

      Office Complex with 14 Offices

      Well-equipped office complex with multiple private offices, conference space, and restrooms across two levels.
      620 4th Street, Graham, TX 76450
      View Details
    • $450,000

      Historic Bank-Style Office Building

      Turnkey downtown-area office building with a preserved walk-in safe, flexible layout, and an attached outbuilding for additional workspace.
      408 4th Street, Graham, TX 76450
      View Details
    • $399,000

      Historic Church Building with Office Potential

      A 1917 landmark with stained-glass dome and flexible interior previously used for home health offices and administration.
      700 Elm Street, Graham, TX 76450
      View Details
    • $1,695,000

      Ranch Property with Barndominium

      Turnkey ranch with a large barndominium, horse barn, cleared pastures, and three stock tanks for recreation and livestock.
      1950 Hamilton Road, Graham, TX 76450
      View Details
    • $2,595,000

      Turnkey Ranch with Barndominium

      Turnkey ranch with a large barndominium, equestrian facilities, and stocked tanks for recreation and livestock use.
      1951 Hamilton Road, Graham, TX 76450
      View Details
    • $569,000

      Automotive Service Station Opportunity

      Oil lube and service station with pull-through bays, office, and customer waiting area on a 1.3-acre site.
      164 US Highway 380 W, Graham, TX 76450
      View Details
    • $595,000

      Multi-Use Hospitality Property

      A versatile hospitality setup with indoor bar space and outdoor gathering areas plus expansion opportunities on a major highway.
      471 Highway 667, Graham, TX 76450
      View Details
    • $495,000
      1,822 SF

      20-Acre Country Retreat Ranchette

      Charming 20-acre property with a cozy home and functional structures.
      1368 Rosser Ranch Road, Graham, TX 76450
      View Details
    • $210,000

      Commercial Land Off Highway 380

      Vacant, commercially zoned 4.5 acres behind a funeral home with utilities available and highway visibility in Graham.
      1501 US Hwy 380, Graham, TX 76450
      View Details

    FAQs

    What type of property is this?
    Commercial land - Unimproved land with planned utilities and community amenities.
    Where is this commercial land located?
    The property is located at 1063 Clearwater Point Graham, TX.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: Boat ramp and courtesy dock available for owners.; Enjoy the community swimming pool.; Utilities installed by summer 2026.
    (940) 264-2500
    We can help!
    Listing Contact
    Judy Smith
    Judy Smith
    Real Estate License ID: 0738531
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1063 Clearwater Point, Possum Kingdom Lake, TX 76450
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!