




$519,000
1233 Green Elm Road, Graford, TX, 76449
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Looking for a Possum Kingdom Lake home with room for your boat or RV and easy access to the water? Welcome to gated Water Ridge Estates, where this ranch-style home combines great curb appeal, flexible living space & the relaxed lake lifestyle you've been dreaming about. Step inside to soaring ceilings, large windows & plantation shutters that fill the home with natural light. The open kitchen, dinette & living room create an inviting gathering space centered around a cozy fireplace. The kitchen features stainless steel appliances, generous cabinetry & a corner walk-in pantry. A rare bonus is 2 primary suites, each with a tile shower, long double vanity & private toilet room, perfect for guests, extended family or comfortable everyday living. A 3rd bedroom sits across the hall from the main bath with tub shower. The flex room with double doors offers even more possibilities as a formal dining room, office or flex room. Bring the boat, RV & lake toys! The impressive 20x10 garage is 16 ft. tall with overhead doors & automatic openers on both ends, providing convenient drive-through access. Outside, the covered patio with corner fireplace, sink & ceiling fan is made for morning coffee, game day gatherings & evenings relaxing by the fire. The fenced backyard offers privacy & room to play, while the oversized lot extends beyond the currently sodded area. Best of all, gated Water Ridge Estates gives you more ways to enjoy PK with a community pool plus access to Tranquility Cove with a private boat ramp, courtesy dock & RV camping area for your out of town guests. Launch the boat, spend the day on Possum Kingdom Lake, come home, light the fire and enjoy the reason you moved to PK.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Graford
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