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Waterfront Land with Lake Views
For Sale
$70,000

1160 Prairie Falcon Court, Graford, TX 76449

Land, Graford, TX

Property SizeContact for details
Lot Size5.00 Acres
Days on Market59

Property Features for 1160 Prairie Falcon Court

General Information

Property type Land
Property subtype Other
Zoning description Subdivision
Vegetation Wooded, Brush
Subdivision The Hills
Lot features Acreage, Hardwood Trees, Rolling Slope, Many Trees, Subdivision, Subdivided, Few Trees, Wooded
View Water, Park
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. Once inside drive straight back to the T itersection with Canyon Wren Loop. Turn south onto Canyon Wren Loop and then turn east on Prairie Falcon Court. Property is at the end of the street.
Standard status Active
APN 33785
Lot size 5.00 Acres

Taxes and HOA fees

Tax Description ACRES: 5.000 LOT: 00043 HILLS ABOVE POSSUM KI
Tax Annual Amount 849
HOA Fee $950 Annually
Legal Description ACRES: 5.000 LOT: 00043 HILLS ABOVE POSSUM KI

Utilities

Water source Private
Listing Agency: RE/MAX Elite Group
Listed By: Judy Smith · License #0738531
Added: Jul 10 Changed: Sep 5 Last Checked: Sep 6 at 6:06AM
MLS# 21208995

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.

A private, secluded waterfront land parcel that backs up to a cattle ranch and offers views of Possum Kingdom Lake from two directions. The lot is mostly level, with a slight elevation to the south that supports open, distant sightlines.

The property is accessed via a cul-de-sac street with little traffic. Ownership provides the right to use community amenities, including a clubhouse with pool, fitness center, and game room, boat storage area, and a lakeside cabin with restrooms and covered patio. Additional shared features include a boat ramp, community dock, fishing access, and miles of private roads behind the gates.

Water service is listed as private. The land size is approximately five acres, offering space for a custom build within a gated, amenity-rich community context.

Key Highlights

  • Approximately five‑acre waterfront lot with Possum Kingdom Lake views from two directions
  • Backs up to a cattle ranch
  • Mostly level with a slight elevation to the south

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.

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

Frequently Asked Questions

What type of property is this?
Waterfront Land - Mostly level five-acre lot with lake views from two directions, located on a cul-de-sac with limited traffic.
Where is this waterfront land located?
The property is located at 1160 Prairie Falcon Court Graford, TX.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: Approximately five‑acre waterfront lot with Possum Kingdom Lake views from two directions; Backs up to a cattle ranch; Mostly level with a slight elevation to the south
More about this property
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