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    86 Colonial Dr Graford, TX 76449

    For Sale
    $59,000

    Unimproved Land - Graford, TX

    Type:Unimproved Land
    Lot size:
    0.27 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 11 at 4:06 am

    Property Features for 86 Colonial Dr

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    12196
    Lot size
    0.27 Acres

    Taxes and HOA fees

    Expense value
    1300
    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 Nov 25, 2025

    MLS# 21000237 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

    Buildable Lot on Golf Course

    This 0.272-acre lot is located on the #8 tee box and #7 green of a premier golf course. The lot has been trimmed and is ready for a new lake house. The Cliffs subdivision features high-quality homes and amenities including a pro-shop, restaurant, spa, pool, tennis facilities, and a hotel. The Cliffs marina is located on Possum Kingdom Lake. Property owners have access to a picnic beach area on the shoreline. Membership includes several rounds of annual golf. The golf course offers unique challenges at each hole.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Spa & Massage Hotel & Motel Gym & Fitness 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
    -98.4293526
    Latitude
    32.8492957

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    FAQs

    What type of property is this?
    Land - Buildable lot on premier golf course near Possum Kingdom Lake.
    Where is this land located?
    The property is located at 86 Colonial Dr Graford, TX.
    What is the asking price?
    The asking price for this property is $59,000.
    What are key features of this property?
    This property features: - Buildable lot on The Cliffs golf course, located on the #8 tee box and #7 green.; - Access to The Cliffs marina, described as one of the finest on PK.; - Membership includes several rounds of annual golf.
    (940) 328-2677
    Request Owner's contact information
    86 Colonial 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
    86 Colonial Dr Graford, TX 76449
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