Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Waterfront Lakeview Homesite Land Title is generated by Realmo AI

    TBD Lot 20 Clearwater Point, Graham, TX 76450

    View on Map
    Claim this Listing
    For Sale
    $239,900

    LAND - Graham, TX

    Lot size:
    0.51 Acres
    Added:
    Apr 1, 2026
    Days on Market:
    68
    Last Refresh:
    Jun 7 at 4:06 am

    Property Features for TBD Lot 20 Clearwater Point

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Grassed, Brush
    Standard status
    Active
    APN
    R569147
    Lot size
    0.51 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1375

    We can help!

    Listing Contact
    Kari Monk

    Listing agent Kari Monk License #0829176

    Listing office Century 21 Middleton San Antonio, TX

    Listing date Apr 1, 2026

    MLS# 21115014 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

    • Homesite in the gated Clearwater Point community on the west side of Possum Kingdom Lake
    • Generously sized lot with lakeview positioning for panoramic views of the lake and surrounding hills
    • No timeframe to commence construction—bring your own builder
    • Clearwater Point amenities planned: clubhouse, community pool, elevated sky deck, lakeside park, and community boat dock

    Overview

    This waterfront homesite offers the opportunity to bring your own builder and create a custom residence with no timeframe to begin construction. Set within a gated community, the property is described as a generously sized lot positioned for panoramic views across Possum Kingdom Lake, including sunrise and sunset scenery. The setting is oriented toward enjoying the natural landscape while planning a private, design-forward retreat.

    Located on the west side of Possum Kingdom Lake in Clearwater Point, the community is positioned for an elevated lakeside lifestyle. The remarks note resort-style amenities planned or underway, including an elegant clubhouse, community pool, an elevated sky deck for stargazing, a lakeside park, and a community boat dock for convenient lake access.

    For buyers seeking a private waterfront building site, this lot fits well for those who value unobstructed-style lakeview orientation and want flexibility to design around their preferences. Clearwater Point’s gated environment and planned community amenities also make the property attractive for second-home buyers and investors looking for a premium lake community lifestyle with straightforward build timing.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Graham
    County
    Young
    State
    Texas
    Longitude
    -98.2841
    Latitude
    32.5424

    Nearby Similar for Sale

    • $999,999
      5,000 SF

      Turnkey Restaurant Off Main Highway

      Well-established, highly visible restaurant with full-service bar and turn-key operations for an owner-operator or investor.
      1111 State Highway 16 S, Graham, TX 76450
      View Details
    • $650,000

      Professional Office Building with Reception

      Well-maintained office suite with private offices and adaptable open workspaces designed for productive, client-facing teams.
      620 Oak Street, Graham, TX 76450
      View Details
    • $899,700

      Industrial Flex Property with Fenced Yard

      Secure, fully fenced yard complements a dedicated office suite and a high-clearance shop with large bay doors.
      528 US Highway 380 W, Graham, TX 76450
      View Details
    • $450,000

      Office Complex with 14 Offices

      Well-equipped office complex with multiple private offices, conference space, and restrooms across two levels.
      620 4th Street, Graham, TX 76450
      View Details
    • $450,000

      Historic Bank-Style Office Building

      Turnkey downtown-area office building with a preserved walk-in safe, flexible layout, and an attached outbuilding for additional workspace.
      408 4th Street, Graham, TX 76450
      View Details
    • $399,000

      Historic Church Building with Office Potential

      A 1917 landmark with stained-glass dome and flexible interior previously used for home health offices and administration.
      700 Elm Street, Graham, TX 76450
      View Details
    • $1,695,000

      Ranch Property with Barndominium

      Turnkey ranch with a large barndominium, horse barn, cleared pastures, and three stock tanks for recreation and livestock.
      1950 Hamilton Road, Graham, TX 76450
      View Details
    • $2,595,000

      Turnkey Ranch with Barndominium

      Turnkey ranch with a large barndominium, equestrian facilities, and stocked tanks for recreation and livestock use.
      1951 Hamilton Road, Graham, TX 76450
      View Details
    • $569,000

      Automotive Service Station Opportunity

      Oil lube and service station with pull-through bays, office, and customer waiting area on a 1.3-acre site.
      164 US Highway 380 W, Graham, TX 76450
      View Details
    • $595,000

      Multi-Use Hospitality Property

      A versatile hospitality setup with indoor bar space and outdoor gathering areas plus expansion opportunities on a major highway.
      471 Highway 667, Graham, TX 76450
      View Details
    • $495,000
      1,822 SF

      20-Acre Country Retreat Ranchette

      Charming 20-acre property with a cozy home and functional structures.
      1368 Rosser Ranch Road, Graham, TX 76450
      View Details
    • $210,000

      Commercial Land Off Highway 380

      Vacant, commercially zoned 4.5 acres behind a funeral home with utilities available and highway visibility in Graham.
      1501 US Hwy 380, Graham, TX 76450
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Build your own lakefront home with panoramic views in a gated community on Possum Kingdom Lake.
    Where is this waterfront land located?
    The property is located at TBD Lot 20 Clearwater Point Graham, TX.
    What is the asking price?
    The asking price for this property is $239,900.
    What are key features of this property?
    This property features: Homesite in the gated Clearwater Point community on the west side of Possum Kingdom Lake; Generously sized lot with lakeview positioning for panoramic views of the lake and surrounding hills; No timeframe to commence construction—bring your own builder
    (210) 410-4136
    We can help!
    Listing Contact
    Kari Monk
    Real Estate License ID: 0829176
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    TBD Lot 20 Clearwater Point, Graham, TX 76450
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!