Welcome to one of the most captivating settings at Possum Kingdom Lake. Perfectly positioned on a point, at the end of a quiet county road, this rare property offers sweeping 180-degree lake views, deep water access, refreshing breezes, and the peaceful privacy that lake buyers dream about.
Surrounded by the stunning boulders PK is famous for, the deep water dock provides easy access to enjoying long lake days, incredible sunsets, and unforgettable evenings under the stars.
The quintessential lake cabin has been lovingly enjoyed over the years and recent updates include new windows and raised ceilings, creating a more open and comfortable feel while still maintaining its authentic lake charm. Offering 2 bedrooms, 2 bathrooms, and approximately 1,320 square feet, this home is ideal as a weekend retreat, vacation rental opportunity, or future luxury lake escape. No HOA is also rare on a waterfront of this caliber.
Located on PK’s sought-after west side, where the atmosphere is relaxed and there’s room to breathe, this special property is also located in Stephens County, offering the advantage of lower taxes.
Priced to sell, don't let this one pass you by!
For sale
$699,900
9303 County Road 331, Graham, TX 76450
2beds
1,320sqft
Single Family Residence
Built in 1958
0.53 Acres Lot
$647,900 Zestimate®
$530/sqft
$-- HOA
What's special
New windowsRefreshing breezesPeaceful privacyAuthentic lake charmIncredible sunsets
- 61 days |
- 1,827 |
- 80 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jan Johanson 0626643 940-745-1411,
eXp Realty LLC 888-519-7431
Source: NTREIS,MLS#: 21262250
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Primary bathroom
- Level: First
- Dimensions: 0 x 0
Living room
- Level: First
- Dimensions: 0 x 0
Heating
- Central, Electric
Cooling
- Central Air, Electric
Features
- High Speed Internet, Open Floorplan
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 1,320 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Detached Carport
- Carport spaces: 3
Features
- Levels: One
- Stories: 1
- 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: 0.53 Acres
- Features: Hardwood Trees, Many Trees, Waterfront
Details
- Parcel number: R24933
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Other, Pillar/Post/Pier, Slab
- Roof: Metal
Condition
- Year built: 1958
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Septic Available, Water Available
Community & HOA
Community
- Subdivision: West Side
HOA
- Has HOA: No
Location
- Region: Graham
Financial & listing details
- Price per square foot: $530/sqft
- Tax assessed value: $416,520
- Annual tax amount: $4,172
- Date on market: 5/7/2026
- Cumulative days on market: 63 days
- Listing terms: Cash,Conventional
- Exclusions: RV will not convey.
Estimated market value
$647,900
$616,000 - $680,000
$1,461/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Listed for sale | $699,900$530/sqft |
Source: NTREIS #21262250 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/8/2018 | Listing removed | $4,000$3/sqft |
Source: Owner Report a problem | ||
| 10/7/2018 | Listed for rent | $4,000$3/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,172 -12.6% | $416,520 -2.8% |
| 2024 | $4,772 +1.6% | $428,560 +24.4% |
| 2023 | $4,694 -15.3% | $344,410 -3.4% |
| 2022 | $5,542 -6% | $356,520 +13.1% |
| 2021 | $5,895 | $315,300 +17.3% |
| 2020 | -- | $268,700 +16.1% |
| 2018 | $4,667 | $231,460 |
| 2017 | -- | $231,460 |
| 2016 | -- | $231,460 +250.2% |
| 2015 | -- | $66,090 -11.4% |
| 2014 | -- | $74,600 |
| 2012 | -- | $74,600 |
| 2011 | -- | $74,600 0% |
| 2010 | -- | $74,610 |
| 2009 | -- | $74,610 +31.2% |
| 2008 | -- | $56,870 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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
- NAEast Elementary SchoolGrades: PK-2Distance: 18.7 mi
- 6/10Breckenridge Junior High SchoolGrades: 6-8Distance: 19.8 mi
- 5/10Breckenridge High SchoolGrades: 9-12Distance: 19.8 mi
Schools provided by the listing agent
- Elementary: South
- High: Breckenrid
- District: Breckenridge 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
- Stephens County
- Graham
- 76450
- 9303 County Road 331





