Waterfront Land with Private
For Sale
$78,500
Balcones Lane lot 694, Graford, TX 76449
Land, Possum Kingdom Lake, TX
Property SizeContact for details
Lot Size5.01 Acres
Days on Market122
Property Features for Balcones Lane lot 694
General Information
Property type
Land
Property subtype
Other
Zoning description
Subdivision
Vegetation
Wooded
Subdivision
The Hills
Lot features
Cul De Sac, Interior Lot, Rock Outcropping, Many Trees, Subdivision, Subdivided, Sloped
Elementary school
Graford
Middle school
Graford
High school
Graford
Elementary school district
Graford ISD
Middle school district
Graford ISD
High school district
Graford ISD
Directions
Hwy 16 to Gate 3 of The Hills at PK Hills Blvd. Once inside the gate, take an immediate left by the mailboxes and continue over the steep hill. Watch for Balcones Lane on the east side of the road. Property is on the south side of Balcones Lane.
Standard status
Active
APN
35471
Lot size
5.01 Acres
Taxes and HOA fees
Tax Description
ACRES: 5.010 LOT: 00694 HILLS ABOVE POSSUM KI
Tax Annual Amount
1175
HOA Fee
$950 Annually
Legal Description
ACRES: 5.010 LOT: 00694 HILLS ABOVE POSSUM KI
Utilities
Water source
Private
Listing Agency:
RE/MAX Elite Group
(940) 264-2500
Listed By:
Judy Smith · License #0738531
(940) 456-6144
Added: May 8
Changed: Sep 5
Last Checked: Sep 6 at 4:06AM
MLS# 21252828
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.
Investment Insights
Based on property information with market context.
Waterfront land lot in The Hills community with a 5.01-acre footprint. The property is level at the street and rises up the ridge to the south, exposing the Balcones formation.
The community is described as nature and wildlife friendly, and lot ownership permits access to neighborhood amenities including a clubhouse with pool and fitness center, boat storage area, community dock, boat ramp, lakefront cabin with restrooms and a covered patio, lakefront area, and hiking trail. The neighborhood also includes twenty miles of private roads behind the gates.
There is no time requirement to begin building. Plans must be submitted to ACC for review and approval, and the property’s water source is listed as private.
The community is described as nature and wildlife friendly, and lot ownership permits access to neighborhood amenities including a clubhouse with pool and fitness center, boat storage area, community dock, boat ramp, lakefront cabin with restrooms and a covered patio, lakefront area, and hiking trail. The neighborhood also includes twenty miles of private roads behind the gates.
There is no time requirement to begin building. Plans must be submitted to ACC for review and approval, and the property’s water source is listed as private.
Key Highlights
- 5.01‑acre waterfront land lot level at the street and rising to a ridge south with Balcones formation views
- No time requirement to begin building; plans must be submitted to ACC for review and approval
- Gated community access includes clubhouse with pool and fitness center
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Level five-acre lot rising to a ridge within a gated community with lake amenities and private roads.
Where is this residential land & home lot located?
The property is located at Balcones Lane lot 694 Graford, TX.
What is the asking price?
The asking price for this property is $78,500.
What are key features of this property?
This property features: 5.01‑acre waterfront land lot level at the street and rising to a ridge south with Balcones formation views; No time requirement to begin building; plans must be submitted to ACC for review and approval; Gated community access includes clubhouse with pool and fitness center
