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    Residential Home Site with Lake Access Title is generated by Realmo AI

    300 Oak Tree, Graford, TX 76449

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    Claim this Listing
    For Sale
    $67,500

    LAND - Possum Kingdom Lake, TX

    Lot size:
    0.28 Acres
    Added:
    Nov 6, 2025
    Days on Market:
    211
    Last Refresh:
    Jun 5 at 3:06 pm

    Property Features for 300 Oak Tree

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    12222
    Lot size
    0.28 Acres

    Utilities

    Sewer type
    Septic Tank

    We can help!

    Listing Contact
    Sam Reid
    Sam Reid

    Listing agent Sam Reid License #0730482

    Listing office Berkshire HathawayHS Pondera Graford, TX

    Listing date Nov 6, 2025

    MLS# 21105024 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

    • Home site with views of the Brazos River Valley
    • Easy access to Possum Kingdom Lake
    • Located in The Cliffs Resort, a gated residential community perched 200 feet above Possum Kingdom Lake
    • 24‑hour security within The Cliffs Resort
    • Onsite amenities include an 18‑hole championship golf course, hotel, Chaparral Grille, Spurs Bar, and three swimming pools
    • Additional onsite features include The Cliffs Marina, RV camping, parks, a conference center, and a spa and fitness center

    Overview

    This residential land offering presents a build-ready home site designed for those who want location and scenery in the same parcel. The property is positioned to showcase stunning views of the Brazos River Valley, creating a natural backdrop for a custom build. It offers a rare combination of elevated setting and a resort-oriented lifestyle nearby.

    The home site is described as having easy access to Possum Kingdom Lake and the amenities of The Cliffs Resort, a gated residential community perched about 200 feet above the lake. Owners are noted to enjoy 24-hour security and a full roster of onsite features, including an 18-hole championship golf course, hotel, The Chaparral Grille and Spurs Bar, three swimming pools, The Cliffs Marina, RV camping, parks, and a conference center. Additional amenities listed include a spa and fitness center, supporting both full-time and getaway ownership.

    For prospective buyers, this parcel fits well for anyone seeking a private residential setting within an established, amenity-rich community. The emphasis on views and resort access makes it especially appealing for buyers who want to plan a custom residence while keeping golf, dining, water recreation, and wellness options within reach.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Spa & Massage Center Gym & Fitness Center 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
    -98.425115
    Latitude
    32.853195

    Nearby Similar for Sale

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      Lake View Waterfront Land

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      Prepped Double Golf Course Homesite

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    FAQs

    What type of property is this?
    Residential land & home lot - Build-ready home site with scenic Brazos River Valley views and convenient access to Possum Kingdom Lake amenities.
    Where is this residential land & home lot located?
    The property is located at 300 Oak Tree Graford, TX.
    What is the asking price?
    The asking price for this property is $67,500.
    What are key features of this property?
    This property features: Home site with views of the Brazos River Valley; Easy access to Possum Kingdom Lake; Located in The Cliffs Resort, a gated residential community perched 200 feet above Possum Kingdom Lake
    (940) 779-2600
    We can help!
    Listing Contact
    Sam Reid
    Sam Reid
    Real Estate License ID: 0730482
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    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.

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    300 Oak Tree, Possum Kingdom Lake, TX 76449
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