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Ranch with Highway Frontage
For Sale
$5,780,351

4140 N State Highway 16 lot 1, Graford, TX 76449

Land, TX

Property Size731 SF
Lot Size731.69 Acres
Price / SF$7,907
Days on Market178

Property Features for 4140 N State Highway 16 lot 1

General Information

Property type Land
Property subtype Other
Subdivision WT DONNELL
Elementary school district Other ISD
Middle school district Other ISD
High school district Other ISD
Directions From Highway 180, head north on Highway 16 for approximately 4.5 miles. The property entrance gate will be on the east side of the road. Look for the real estate signs."
Standard status Active
APN R9289
Lot size 731.69 Acres

Taxes and HOA fees

Tax Description AB 1859 TR 1 W T DONNELL
Legal Description AB 1859 TR 1 W T DONNELL
Listing Agency: Jacob Realty
Listed By: Tina Jacob · License #0531311
Added: Mar 4 Changed: Aug 26 Last Checked: Aug 29 at 2:06PM
MLS# 472690

Copyright © 2026 South Texas Multiple Listing Service, LLC. 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.

This North Texas ranch combines rolling terrain with elevated ridges, valleys, open grazing areas, scattered hardwoods, and native brush. The property is used for cattle grazing and includes perimeter fencing and two ponds serving livestock and wildlife. Long-range views and multiple potential homesites add flexibility for a ranch headquarters, custom residence, or weekend retreat.

Located along State Highway 16 in Palo Pinto County, the ranch has approximately 6,150 feet of highway frontage and sits a short drive south of Possum Kingdom Lake. The setting provides access to boating, fishing, water recreation, and lake-area amenities while retaining the character of a large private ranch. The land is also under an agricultural exemption and supports habitat for whitetail deer, turkey, dove, hogs, and other native wildlife.

Key Highlights

  • Approximately 6,150 feet of frontage along State Highway 16
  • Rolling topography with elevated ridges, valleys, grazing areas, hardwoods, and native brush
  • Currently used for cattle grazing with strong perimeter fencing

Property Analytics

Current Use

Ranches

Suggested Use

Top Pick Gym & Fitness Center Spa & Massage Center Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

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?
Ranch - Rolling ranchland supports cattle grazing, wildlife habitat, recreational use, and access to Possum Kingdom Lake.
Where is this ranch located?
The property is located at 4140 N State Highway 16 lot 1 Graford, TX.
What is the asking price?
The asking price for this property is $5,780,351.
What are key features of this property?
This property features: Approximately 6,150 feet of frontage along State Highway 16; Rolling topography with elevated ridges, valleys, grazing areas, hardwoods, and native brush; Currently used for cattle grazing with strong perimeter fencing
More about this property
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