Possum Kingdom Lake Unimproved
For Sale
$100,000
Cheyenne Drive lot 55, Graford, TX 76449
LAND - Possum Kingdom Lake, TX
Property SizeContact for details
Lot Size1.06 Acres
Days on Market56
Property Features for Cheyenne Drive lot 55
General Information
Property type
Land
Property subtype
Other
Zoning description
residential
Subdivision
Gaines Bend
Lot features
Corner Lot, Subdivision
View
Water
Elementary school
Palo Pinto
Middle school
Palo Pinto
High school
Mineral Wells
Elementary school district
Palo Pinto ISD
Middle school district
Palo Pinto ISD
High school district
Palo Pinto ISD
Directions
Take Hwy 16 to Gaines Bend on south side of PK Lake. Go approximately 3 miles and pass Rawhide Ridge. Turn RIGHT onto Cheyenne Drive. Lot will be on the left, across from the house. It is a corner lot.
Standard status
Active
APN
565415
Lot size
1.06 Acres
Taxes and HOA fees
Tax Description
ACRES: 1.058 THE RESERVE AT GAINES BEND PH 1
Tax Annual Amount
1330
HOA Fee
$1,000 Annually
Legal Description
ACRES: 1.058 THE RESERVE AT GAINES BEND PH 1
Utilities
Utilities
Propane
Listing Agency:
Coldwell Banker Realty
(972) 906-7700
Listed By:
Sabrina Sparkman · License #0650731
(972) 691-7580
Added: Jul 12
Changed: Aug 1
Last Checked: Sep 5 at 10:06PM
MLS# 21151922
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.
This one-acre rectangular lot features a fairly level terrain with a gentle slope at the front, providing views of the lake. The property allows for the construction of a two-story home with a minimum of 1000 square feet on the ground floor to fully capture the view of the Cliffs Marina and the waters of Neeley's Slough. A one-story home must have a minimum build size of 1200 square feet. Short-term rentals, such as VRBO, are permitted on this property. The land is ready for construction, allowing owners to strategically position their dream lake home to maximize the views. In the interim, while waiting to build, one can enjoy the natural surroundings of Gaines Bend, along with water access and a courtesy dock.
Key Highlights
- Enjoy lake views of Cliffs Marina and Neeley's Slough.
- Eligible for short term rentals (VRBO).
- Water access and courtesy dock available.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
12
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?
Land - One-acre lot with lake views, suitable for short-term rentals.
Where is this land located?
The property is located at Cheyenne Drive lot 55 Graford, TX.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Enjoy lake views of Cliffs Marina and Neeley's Slough.; Eligible for short term rentals (VRBO).; Water access and courtesy dock available.
