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$1,120,000

301 N State Highway 16, Graford, TX, 76449

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,309 Sq Ft
FarmFarm
price_per_sqft$259.92 / sqft
Year BuiltBuilt in 2008

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 5Bathrooms 5
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage

Building Information

Garage Spaces3

About this property

This gorgeous custom home is only minutes away from P.K. Lake. This home features 5 bedrooms, 4.5 baths, a great living area, and a game room upstairs. Master bed-bath is complete with walk-through shower, and a fireplace in the bedroom. Kitchen has high-end stainless appliances, and a nice walk-in-pantry. Outside you will find a beautiful swimming pool, and an outdoor kitchen, perfect for entertaining. The 97 acre property includes 2 ponds, and a 3000 foot gravel runway. Property has a 4,800 sq. ft. workshop with a hangar, entire building is insulated and on a good concrete slab. Two productive water wells, and 3,000 gallons of water storage in the concrete out-building.

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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,720 /month
Positive
Cash Flow Estimate:
$2,240 /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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301 N State Highway 16 | Property Details | No Agent List