Lot 42 at Clearwater Point offers a beautiful 0.707-acre homesite with expansive, unobstructed views of Possum Kingdom Lake. Nestled in the foothills of the Palo Pinto Mountains, this property is located within one of PK’s newest gated luxury communities, blending natural beauty with modern lake living. There is no time limit to build, and owners may choose their own builder, offering the freedom to design a home that fits your lifestyle. Planned community amenities include a clubhouse with resort-style pool, skydeck, putting green, pickleball court, lakefront park, community boat docks and launch, underground utilities, and miles of private paved roads behind a secure gated entrance. Whether you’re seeking a weekend getaway or a full-time residence, Lot 42 provides stunning lake views, privacy, and access to premier amenities at Possum Kingdom Lake.
Lot/land
$250,000
42 Water Lilly Ln, Graham, TX 76450
--beds
--baths
0.71Acres
Unimproved Land
Built in ----
0.71 Acres Lot
$-- Zestimate®
$--/sqft
$125/mo HOA
What's special
Stunning lake views
- 158 days |
- 14 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Merit Holstein 0762126 (940)779-1111,
Possum Kingdom Real Estate 940-779-1111
Source: NTREIS,MLS#: 21165304
Facts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 0.71 Acres
- Features: Cleared, Interior Lot, Subdivision
Details
- Parcel number: 569169
- Zoning description: Residential
Utilities & green energy
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: Boat Facilities, Clubhouse, Dock, Community Mailbox
- Subdivision: Clearwater Point
HOA
- Has HOA: Yes
- Services included: All Facilities
- HOA fee: $1,500 annually
- HOA name: Empire Services Group
- HOA phone: 954-798-8998
Location
- Region: Graham
Financial & listing details
- Annual tax amount: $2,125
- Date on market: 1/28/2026
- Cumulative days on market: 69 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/28/2026 | Listed for sale | $250,000 |
Source: NTREIS #21165304 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
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.
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 76450
Nearby schools
GreatSchools rating
- 6/10Graford SchoolGrades: PK-12Distance: 13 mi
Schools provided by the listing agent
- Elementary: Palo Pinto
- Middle: Palo Pinto
- High: Palo Pinto
- District: Graford 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
- Graham
- 76450
- 42 Water Lilly Ln





