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For sale
  • $5,250,000

    1011 Possum Point, Graford, TX 76449

    5beds
    5,362sqft
    : 
    $38,999/mo
    Get pre-qualified
    Single Family Residence
    Built in 2021
    0.35 Acres Lot
    $4,799,000 Zestimate®
    $979/sqft
    $83/mo HOA

    What's special

    Incredible waterfront settingExceptional waterfront estateHigh end finishesHot tubWalls of windowsExceptional entertaining areasBreathtaking panoramic views
    Perched on a spectacular point at Possum Kingdom Lake, this exceptional waterfront estate offers breathtaking panoramic views and an incredible setting for luxury lake living. Wake to beautiful sunrises from the primary suite and unwind in the evenings as vibrant sunsets illuminate the picturesque cliff wall across the water. Designed for both relaxation and entertaining, this expansive 5 bedroom, 4.5 bath home features soaring vaulted ceilings, walls of windows, and generous living spaces filled with natural light and lake views. At the heart of the home, a massive oversized island creates the perfect gathering place for holidays, celebrations, and unforgettable weekends at the lake. The chef's kitchen features premium Thermador appliances and flows seamlessly into a fully conditioned outdoor kitchen with roll up garage style windows, creating an impressive indoor outdoor entertaining space for year round enjoyment. The luxurious primary suite is a private retreat with a fireplace, expansive walk in closet, and spa inspired bath featuring a large freestanding soaking tub. Upstairs, two guest bedrooms share a spacious living and game room, providing a private and comfortable retreat for family and guests. Outside, enjoy the pool, hot tub, fire pit, and incredible waterfront setting. A whole home generator provides automatic backup power to the entire residence, offering added comfort and peace of mind during power outages. The oversized RV barn offers exceptional storage and exciting expansion potential, with plans already in place to add three additional bedrooms and three bathrooms above. With high end finishes, exceptional entertaining areas, expansive accommodations, and some of the most impressive views on Possum Kingdom Lake, this remarkable estate delivers the ultimate lakefront lifestyle.
    37 days
    845
    29

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Clay Springer 0728023 972-379-7486,

    The Brokerage Residential LLC 972-379-7486,

    Bo Bennett 0727656 972-743-2761,

    The Brokerage Residential LLC

    Source: NTREIS,MLS#: 21385630

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: First
      • Dimensions: 0 x 0
      Living room
      • Level: First
      • Dimensions: 0 x 0
      Appliances
      • Included: Double Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Washer
      • Laundry: Laundry in Utility Room
      Features
      • Built-in Features, Chandelier, Cathedral Ceiling(s), Dry Bar, Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound
      • Has basement: No
      • Number of fireplaces: 2
      • Fireplace features: Propane
      Interior area
      • Total interior livable area: 5,362 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Attached Carport, Additional Parking, Circular Driveway, Concrete, Garage, Porte-Cochere
      • Attached garage spaces: 2
      • Carport spaces: 2
      • Covered spaces: 4
      Features
      • Levels: One and One Half
      • Pool features: Pool
      • On waterfront: Yes
      • Waterfront features: Boat Dock/Slip, Lake Front
      • Body of water: Possum Kingdom
      Lot
      • Size: 0.35 Acres
      Details
      • Parcel number: 16385

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Detached
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Year built: 2021

      Utilities & green energy

      • Sewer: Private Sewer
      • Water: Community/Coop
      • Utilities for property: Electricity Available, Sewer Available, Water Available

      Community & HOA

      Community
      • Subdivision: Gainesbend Park Lake
      HOA
      • Has HOA: Yes
      • Services included: All Facilities, Association Management, Maintenance Grounds
      • HOA fee: $1,000 annually
      • HOA name: Pmi
      • HOA phone: 817-952-9009
      Location
      • Region: Graford

      Financial & listing details

      • Price per square foot: $979/sqft
      • Tax assessed value: $4,160,570
      • Annual tax amount: $41,654
      • Date on market: 9/14/2026
      • Cumulative days on market: 44 days
      • Listing terms: Cash,1031 Exchange,Other

        Estimated market value

        $4,799,000

        $4.56M - $5.04M

        Not available

        Price history

        DateEventPrice
        9/14/2026Listed for sale$5,250,000$979/sqft
        Source: NTREIS #21385630 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$31,971 +0.7%$4,160,570
        2024$31,744 +1.7%$4,160,570 +57.3%
        2023$31,204 -11.6%$2,645,730
        2022$35,287 +148.1%$2,645,730 +226%
        2021$14,224 +102.6%$811,570 +112.7%
        2020$7,020 -2.2%$381,530 -1%
        2019$7,181 +75.9%$385,430 +78.3%
        2018$4,082 -14.8%$216,110 -17.3%
        2017$4,793 +1.4%$261,460
        2016$4,727 -22.3%$261,460 -21.8%
        2015$6,084 $334,500 -4.8%
        2014$6,084 $351,470
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 76449

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Palo Pinto
        • Middle: Palo Pinto
        • High: Mineral Wells
        • 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.

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