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    120 Oak Tree Dr Graford, TX 76449

    For Sale
    $675,000

    Unimproved Land - Graford, TX

    Type:Unimproved Land
    Lot size:
    0.76 Acres
    Days on Market:
    309
    Last Refresh:
    Dec 8 at 2:06 am

    Property Features for 120 Oak Tree Dr

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    12230
    Lot size
    0.76 Acres

    Taxes and HOA fees

    Expense value
    2000
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    MIKE POWELL REAL ESTATE (940) 779-4242

    Listing agent Michael Powell (940) 328-2677 License #0421507

    Listing date Feb 3, 2025

    MLS# 20543272 Listing URL

    Copyright © 2025 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.

    Overview

    Land with Brazos River Valley View

    Two adjoining lots offer a spectacular view overlooking the Brazos River valley. Located in a premier subdivision on Possum Kingdom Lake, the combined lots provide an opportunity to build a dream golf course home with increased privacy. The property spans 0.761 acres and is located in Graford, Palo Pinto County, Texas.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Spa & Massage Gym & Fitness Hotel & Motel Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Graford
    County
    Palo Pinto
    State
    Texas
    Longitude
    -98.42357124
    Latitude
    32.85462552

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    FAQs

    What type of property is this?
    Land - Two adjoining lots with spectacular views in premier subdivision.
    Where is this land located?
    The property is located at 120 Oak Tree Dr Graford, TX.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Spectacular Brazos River valley view.; - Two adjoining lots offer ample space.; - Located in a premier subdivision on Possum Kingdom Lake.
    (940) 328-2677
    Request Owner's contact information
    120 Oak Tree Dr Graford, TX 76449
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    Graford, TX 76449
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    Realmo Value Estimation

    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.

    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.

    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
    120 Oak Tree Dr Graford, TX 76449
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