1270 Plateau Pl Graford, TX 76449
This exceptional 1-acre commercial lot is located at 1270 Plateau Pl, Graford, TX 76449, within the prestigious Ranch subdivision in Palo Pinto County. Priced at $175,000, this unimproved land boasts breathtaking views of the lake and surrounding pastures. The property features mature trees, including cedar and oak, and is situated on a private road with asphalt surfacing. Utilities include electricity, a private water meter, and an all-weather road; however, sewer is not available. The lot is part of a gated community with a mandatory homeowner's association fee of $6,000 annually. Association amenities are extensive and include a community pool, boat ramp, horse facilities, jogging/bike paths, a park, stables, and tennis courts. The property is served by the Graford ISD, encompassing Graford Elementary, Middle, and High Schools. Development status includes installed streets and utilities. Directions are as follows: Park Rd 36 to the Harbor Guarded Entrance, turn right on Harbor Way, left onto Highland, then left onto Plateau Place. The lot is located at the top of the road, offering panoramic views. The soil type is rocky/shale. The lot's size is verified by the assessor. This is a rare opportunity to own a piece of this exclusive community, offering a blend of luxury and natural beauty. The property is ready for development and presents a unique investment opportunity. The lot is subdivided and has easements for utilities. A community mailbox is also available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.