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$458,500

NAL Estimated Property Value

0000 HWY 16 Highway, Graford, TX, 76449

Off MarketInfo
Baths0 Bath

About this property

Discover a rare 26.972-acre unrestricted property offering exceptional versatility and prime accessibility just minutes from Possum Kingdom Lake. With direct road access from Highway 16, Rock Creek Loop, and Hoot Ave, this tract provides multiple entry points and excellent visibility for a variety of uses. Whether you're looking to build a private residence, develop commercial facilities, or subdivide into smaller tracts, the opportunities are wide open. Unrestricted status allows you to create exactly what you envision, including barndominiums, lake retreats, RV sites, storage facilities, rental cabins, or a mixed-use layout. Large acreages this close to the lake are increasingly hard to find, making this an attractive option for both investors and end-users. Utilities are readily available, with water service through Possum Kingdom Water Supply and electricity through United Co-op, giving you a strong head start on development. The land offers ample space for building sites, livestock, or long-term investment potential. Whether you’re seeking a personal homestead with room to grow or exploring a commercial venture in a high-demand lake area, this property delivers the freedom, size, and location that set it apart.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,751 /month
Positive
Cash Flow Estimate:
$917 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Graford

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0000 HWY 16 Highway | Property Details | No Agent List