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.
For sale
$5,250,000
1011 Possum Point, Graford, TX 76449
5beds
5,362sqft
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
- 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
| Date | Event | Price |
|---|---|---|
| 9/14/2026 | Listed for sale | $5,250,000$979/sqft |
Source: NTREIS #21385630 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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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Neighborhood: 76449
Nearby schools
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.




