For sale

$1,175,000

1031 Airport Rd, Graford, TX 76449

4beds

3,027sqft

$8,073/mo

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Single Family Residence

Built in 1986

0.52 Acres Lot

$-- Zestimate^®

$388/sqft

$-- HOA

What's special

Fully renovated lake retreat

WATERFRONT at Possum Kingdom Lake! This fully renovated lake retreat offers the perfect combination of waterfront living, privacy, and convenience, ideally located near the PK Airport. Completely renovated down to the studs, the home features foam insulation, new windows, new HVAC, new plumbing, and extensive updates throughout. Offered fully furnished and truly turnkey, it’s ready to enjoy from day one. Step outside to your private waterfront lot and dock, providing easy access to everything PK Lake has to offer. With no HOA and potential for short-term rental use, this property offers incredible flexibility as a full-time residence, weekend getaway, or investment property. Conveniently located just a short drive from PK’s favorite restaurants, marinas, and local attractions

6 days
239
14

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Primary bedroom

Level: First
Dimensions: 0 x 0

Living room

Level: First
Dimensions: 0 x 0

Living room

Level: Second
Dimensions: 0 x 0

Heating

Central, Electric

Cooling

Central Air, Ceiling Fan(s), Electric

Appliances

Included: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave

Features

Built-in Features, Decorative/Designer Lighting Fixtures, Double Vanity, Granite Counters, High Speed Internet, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound
Flooring: Ceramic Tile, Wood
Has basement: No
Number of fireplaces: 1
Fireplace features: Electric, Stone

Interior area

Total interior livable area: 3,027 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Circular Driveway, Carport
Carport spaces: 1
Covered spaces: 2

Features

Levels: Two
Stories: 2
Patio & porch: Covered, Deck
Exterior features: Deck
Pool features: None
Has view: Yes
View description: Water
Has water view: Yes
Waterfront features: Boat Dock/Slip, Lake Front, Waterfront
Body of water: Possum Kingdom

Lot

Size: 0.52 Acres
Features: Back Yard, Lawn, Landscaped, Few Trees, Waterfront

Details

Parcel number: 23558

Construction

Type & style

Home type: SingleFamily
Architectural style: Detached
Property subtype: Single Family Residence

Materials

Fiber Cement
Foundation: Pillar/Post/Pier, Slab
Roof: Shingle

Condition

Resale
Year built: 1986

Utilities & green energy

Sewer: Aerobic Septic, Public Sewer
Water: Public
Utilities for property: Electricity Available, Overhead Utilities, Sewer Available, Septic Available, Separate Meters, Water Available

Community & HOA

Community

Subdivision: Pk Lake

HOA

Has HOA: No

Location

Region: Graford

Financial & listing details

Price per square foot: $388/sqft
Tax assessed value: $532,940
Annual tax amount: $7,355
Date on market: 9/18/2026
Cumulative days on market: 185 days
Listing terms: Cash,Conventional,1031 Exchange

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/18/2026	Listed for sale	$1,175,000-9.3%$388/sqft
Source: NTREIS #21390394 Report a problem
8/25/2026	Listing removed	$1,295,000$428/sqft
Source: NTREIS #21190313 Report a problem
6/17/2026	Price change	$1,295,000-6.1%$428/sqft
Source: NTREIS #21190313 Report a problem
2/27/2026	Listed for sale	$1,379,000$456/sqft
Source: NTREIS #21190313 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,355 -5.7%	$532,940
2024	$7,800 +19.4%	$532,940 +20.4%
2023	$6,531 +11.5%	$442,500 +16.5%
2022	$5,855 +20%	$379,940 +35.6%
2021	$4,880 -6.2%	$280,170
2020	$5,203 +12.1%	$280,170 +12.9%
2019	$4,643 +1.6%	$248,050 +2.8%
2018	$4,570 +1.2%	$241,350 -0.4%
2017	$4,517 +4.7%	$242,290 +3.1%
2016	$4,315 +14%	$234,910 +2.1%
2015	$3,786	$230,120 +7.1%
2014	$3,786	$214,830