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Recreational Lake Community Land
For Sale
$170,000

1143 Prairie Falcon Court, Graford, TX 76449

Land, Graford, TX

Property SizeContact for details
Lot Size10.00 Acres
Days on Market181

Property Features for 1143 Prairie Falcon Court

General Information

Property type Land
Property subtype Other
Zoning description Subdivision
Vegetation Wooded, Brush
Subdivision The Hills
Lot features Interior Lot, Many Trees, Subdivided
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 Hwy 16 to Gate 3 of The Hills at PK Hills Blvd. Drive straight back on PK Hills Blvd to Canyon Wren Loop to the T intersection. Turn south on Canyon Wren Loop and look for Prairie Falcon as the second street on the left.
Standard status Active
APN 33781
Lot size 10.00 Acres

Taxes and HOA fees

Tax Description ACRES: 5.000 LOT: 00039 HILLS ABOVE POSSUM KI
Tax Annual Amount 849
HOA Fee $950 Annually
Legal Description ACRES: 5.000 LOT: 00039 HILLS ABOVE POSSUM KI

Utilities

Water source Private
Listing Agency: RE/MAX Elite Group
Listed By: Judy Smith · License #0738531
Added: Mar 10 Changed: Sep 5 Last Checked: Sep 6 at 6:06AM
MLS# 21197078

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 offering includes two side-by-side five-acre lots being sold as one property, totaling 10 acres. The POA permits contiguous lots to be replatted into a single property, with dues assessed on only one lot. The lots sit on the north side of a cul-de-sac described as Prairie Falcon, within a neighborhood designed for larger lots and privacy, and there is no time requirement to commence building.

Ownership provides use of neighborhood amenities, including boat storage, a community dock, a boat ramp, and a lakefront area with a cabin that includes restrooms and a covered patio. The community also includes a clubhouse with a pool, a game room, and fitness area, along with a fishing pond, hiking trail, and 20 miles of private roads behind the gates.

The Hills community is described as a social neighborhood with activities, and the property is located in Graford, Texas in Palo Pinto County.

Key Highlights

  • Two side‑by‑side 5‑acre lots sold as one property.
  • POA allows contiguous lots to be replatted into one property with dues assessed on only one lot.
  • Lots are located on the north side of the street in a culdesac setting.

Property Analytics

Current Use

Residential land & home ...

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.

Location Intelligence

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?
Residential land & home lot - Two adjacent five-acre lots are sold together with access to neighborhood amenities and no building start timeline.
Where is this residential land & home lot located?
The property is located at 1143 Prairie Falcon Court Graford, TX.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Two side‑by‑side 5‑acre lots sold as one property.; POA allows contiguous lots to be replatted into one property with dues assessed on only one lot.; Lots are located on the north side of the street in a culdesac setting.
More about this property
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