Waterfront Homesite with Lake
For Sale
$250,000
Water Lilly Lane lot 42, Graham, TX 76450
Land, Possum Kingdom Lake, TX
Property SizeContact for details
Lot Size0.71 Acres
Days on Market221
Property Features for Water Lilly Lane lot 42
General Information
Property type
Land
Property subtype
Other
Zoning description
Residential
Subdivision
Clearwater Point
Lot features
Cleared, Interior Lot, Subdivision
View
Water
Elementary school
Palo Pinto
Middle school
Palo Pinto
High school
Palo Pinto
Elementary school district
Graford ISD
Middle school district
Graford ISD
High school district
Graford ISD
Directions
From Graham go South on FM 1287, turn left on FM 1148, this will lead you to the community.
Standard status
Active
APN
569169
Lot size
0.71 Acres
Taxes and HOA fees
Tax Description
ACRES: 0.707 LOT: 00042 CLEARWATER POINT LOT
Tax Annual Amount
2125
HOA Fee
$1,500 Annually
Legal Description
ACRES: 0.707 LOT: 00042 CLEARWATER POINT LOT
Listing Agency:
Possum Kingdom Real Estate
(940) 779-1111
Listed By:
Merit Holstein · License #0762126
(940) 328-5528
Added: Jan 29
Changed: Aug 19
Last Checked: Sep 7 at 7:06PM
MLS# 21165304
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.
Lot 42 at Clearwater Point is a 0.707-acre waterfront homesite with expansive, unobstructed views of Possum Kingdom Lake. The property is situated in the foothills of the Palo Pinto Mountains and is located within one of PK’s newer gated luxury communities.
Owners have no time limit to build and may choose their own builder. Community amenities are designed around lake living and includes a clubhouse with a resort-style pool, skydeck, putting green, and pickleball court, along with a lakefront park, community boat docks and launch, and underground utilities. The community is served by miles of private paved roads behind a secure gated entrance.
For buyers looking for a weekend getaway or a full-time lakeside residence, this lot offers long-view privacy with access to a full amenity package at Possum Kingdom Lake.
Owners have no time limit to build and may choose their own builder. Community amenities are designed around lake living and includes a clubhouse with a resort-style pool, skydeck, putting green, and pickleball court, along with a lakefront park, community boat docks and launch, and underground utilities. The community is served by miles of private paved roads behind a secure gated entrance.
For buyers looking for a weekend getaway or a full-time lakeside residence, this lot offers long-view privacy with access to a full amenity package at Possum Kingdom Lake.
Key Highlights
- 0.707‑acre Lot 42 at Clearwater Point with expansive, unobstructed Possum Kingdom Lake views
- No time limit to build and owners may choose their own builder
- Gated community with miles of private paved roads behind a secure entrance
Property Analytics
Property Profile
Current Use
Location Intelligence
Demographics for 76450, TX
13,026
Population
6,238
Households
2.1
Avg Household Size
42
Median Age
25%
College-Educated
89%
High-School Grad
487.4 sq mi
ZIP Area
27
Density / Sq Mi
$67,076
Median Household Income
$40,242
Median Earnings
$957
Median Rent
$187,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 0.707-acre Lot 42 in a gated Clearwater Point community with unobstructed Possum Kingdom Lake views and underground utilities.
Where is this residential land & home lot located?
The property is located at Water Lilly Lane lot 42 Graham, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 0.707‑acre Lot 42 at Clearwater Point with expansive, unobstructed Possum Kingdom Lake views; No time limit to build and owners may choose their own builder; Gated community with miles of private paved roads behind a secure entrance
