FABULOUS RESORT STYLE, FURNISHED, 1 AC, WATERFRONT LAKEHOME with, CUSTOM INFINITY POOL, HOT TUB, & DOUBLE LEVEL, DEEP WATER DOCK all with Breathtaking PANORAMIC PK LAKE VIEWS, and of Famous HELL'S GATE as well. This Beautiful Open Concept Design, 3092 sqft, 4bd, 3ba Lakehouse, is Located in the Exclusive GAINES BEND area of PK, and is renowned for its legendary Clear, Cobalt Blue Waters, and Stunning Cliffline Views, with an Elevated Point Bluff located on this property, to watch the Sunrises & Sunsets, and from the Gorgeous Pool, Hot Tub, Fire Pit, and Multiple Outdoor Dining, Lounging & Entertainment Patios. This Gated, Private, Oversized Lot has Wonderful Mature Shade Trees and Large Grassy Lawns for Yard Games & Outdoor Fun. Then when you enter the Lakehouse, The Upper Level Features Large Big Lake View, Picture Windows from the Kitchen, Living Room and Dining Areas, and from the Primary Bedroom Suite, complete with Office Space for working from the Lake, and Spacious Covered Outdoor Balconies all along the Lakeside 2nd Level. On the Downstairs Level, there is a 2nd Kitchen, and Living & Game Room Area with Pool Table and 3 Guest Bedrooms, 2 of which are Bunkrooms, perfect for accommodating Large Families and Extra Guests. Outside there is a 2013 Custom Rock, Gunite Infinity Pool & Spa to stay cool on Summer Days, and warm at night while watching the Tx Starry Nights, and Savor the amazing Lake Views all day, while Relaxing and Recharging in the Peaceful, Serenity & Unparalleled Beauty of Possum Kingdom Lake.Then down the Steps to the Water, there is a Double Level Dock with Boat Slip and 2 Sea Doo Lifts as well. This is the Best of PK Lakelife in one of the most Extraordinary, Beautiful Settings at PK, and with the Most Amazing Spot at PK to enjoy the Legendary Fireworks at Hell's Gate.
For sale
$2,999,000
1003 Mesquite Rdg, Graford, TX 76449
4beds
3,092sqft
Single Family Residence
Built in 1997
1.02 Acres Lot
$4,002,100 Zestimate®
$970/sqft
$83/mo HOA
What's special
Hot tubGated private oversized lotStunning cliffline viewsCustom infinity poolWonderful mature shade treesOpen concept design
- 13 hours |
- 131 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Maggie Burgess 0604351 817-354-7653,
Century 21 Mike Bowman, Inc. 817-354-7653,
Matthew Renfro 0765699 940-235-5554,
Century 21 Mike Bowman, Inc.
Source: NTREIS,MLS#: 21297259
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Features: Built-in Features, Ceiling Fan(s), Jetted Tub, Sitting Area in Primary, Separate Shower, Walk-In Closet(s)
- Level: Second
- Dimensions: 25 x 16
Living room
- Features: Ceiling Fan(s), Fireplace
- Level: Second
- Dimensions: 20 x 18
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator, Trash Compactor
Features
- Built-in Features, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s)
- Flooring: Carpet, Tile
- Windows: Window Coverings
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Dining Room, Living Room, See Through, Wood Burning
Interior area
- Total interior livable area: 3,092 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Additional Parking, Concrete, Driveway, Garage, Garage Door Opener, Gated, Oversized, Parking Lot, Garage Faces Side, Workshop in Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Exterior features: Boat Slip, Covered Courtyard, Courtyard, Dock, Fire Pit
- Has private pool: Yes
- Pool features: Cabana, Gunite, Heated, Infinity, In Ground, Pool, Private, Pool Sweep, Pool/Spa Combo, Water Feature
- Has spa: Yes
- Spa features: Hot Tub
- Fencing: Back Yard,Fenced,Gate,Metal,Wrought Iron
- Has view: Yes
- View description: Park/Greenbelt, Water
- Has water view: Yes
- Waterfront features: Boat Dock/Slip, Boat Ramp/Lift Access, Lake Front, Waterfront
- Body of water: Possum Kingdom
Lot
- Size: 1.02 Acres
- Features: Acreage, Back Yard, Lawn, Landscaped, Level, Rock Outcropping, Many Trees, Subdivision, Sprinkler System, Waterfront
- Residential vegetation: Grassed
Details
- Parcel number: 16491
- Other equipment: Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1997
Utilities & green energy
- Sewer: Private Sewer
- Water: Community/Coop
- Utilities for property: Electricity Available, Propane, Sewer Available, Water Available, Cable Available
Community & HOA
Community
- Features: Boat Facilities, Dock, Fishing, Lake, Marina, Community Mailbox, Gated
- Security: Security System Owned, Security System, Security Gate, Gated Community, Smoke Detector(s)
- Subdivision: Gaines Bend
HOA
- Has HOA: Yes
- Services included: All Facilities, Association Management, Maintenance Grounds, Security, Trash
- HOA fee: $1,000 annually
- HOA name: Principal Management Group
- HOA phone: 940-779-2461
Location
- Region: Graford
Financial & listing details
- Price per square foot: $970/sqft
- Tax assessed value: $2,105,130
- Annual tax amount: $27,391
- Date on market: 6/12/2026
- Cumulative days on market: 332 days
- Listing terms: Cash,Conventional,1031 Exchange
- Exclusions: Personal Belongings
Estimated market value
$4,002,100
$3.80M - $4.20M
$3,686/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Listed for sale | $2,999,000-33.4%$970/sqft |
Source: NTREIS #21297259 Report a problem | ||
| 6/9/2026 | Listing removed | $4,500,000$1,455/sqft |
Source: NTREIS #21145427 Report a problem | ||
| 1/13/2026 | Listed for sale | $4,500,000$1,455/sqft |
Source: NTREIS #21145427 Report a problem | ||
| 1/5/2026 | Listing removed | $4,500,000$1,455/sqft |
Source: NTREIS #20985409 Report a problem | ||
| 7/1/2025 | Listed for sale | $4,500,000$1,455/sqft |
Source: NTREIS #20985409 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $27,391 +1.4% | $2,105,130 +3.3% |
| 2024 | $27,014 +5.5% | $2,038,580 +7.9% |
| 2023 | $25,614 -11.5% | $1,889,150 |
| 2022 | $28,944 +50.3% | $1,889,150 +72% |
| 2021 | $19,251 -5.3% | $1,098,420 -0.6% |
| 2020 | $20,334 +3.2% | $1,105,190 +4.5% |
| 2019 | $19,698 -2.5% | $1,057,230 -1.2% |
| 2018 | $20,210 +8.4% | $1,070,050 +5.2% |
| 2017 | $18,641 -3.4% | $1,016,890 -4.7% |
| 2016 | $19,299 +19.8% | $1,067,520 +14.2% |
| 2015 | $16,111 | $934,790 +0.4% |
| 2014 | $16,111 | $930,730 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 76449
Nearby schools
GreatSchools rating
- 9/10Palo Pinto Elementary SchoolGrades: PK-6Distance: 11.5 mi
- 6/10Graford SchoolGrades: PK-12Distance: 13.3 mi
Schools provided by the listing agent
- Elementary: Palo Pinto
- Middle: Palo Pinto
- High: Palo Pinto
- District: Palo Pinto ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Palo Pinto County
- Graford
- 76449
- 1003 Mesquite Rdg
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