




$139,000
Lot 52 Water Lily, Graham, TX, 76450
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Interior
Exterior
About this property
Beautiful 0.744-acre (32,409 sq. ft.) vacant lot near Possum Kingdom Lake—ideal for your dream home or weekend getaway. Located in Clearwater Point, this peaceful Texas property offers access to community amenities including a boat ramp, boat storage, community center, and swimming pool. Enjoy boating, fishing, swimming, and lake living while building within an established residential community. The lot is subject to recorded CC&Rs and Architectural Control Committee approval. Key restrictions and requirements include single-family residential use, with one primary residence and up to one guest house permitted. Minimum conditioned living area generally ranges from 1,250–1,500 sq. ft., depending on the lot. Setbacks, utility and pipeline easements, driveway, exterior material, roofing, fencing, and improvement-placement requirements apply. Lots may not be subdivided. Temporary RV use and camping are allowed under the CC&Rs, generally limited to seven consecutive days. Restrictions also apply to long-term storage or parking of boats, trailers, RVs, commercial vehicles, and inoperable vehicles. Household pets are allowed, while livestock and certain animal uses are restricted. Oil and gas operations are prohibited. Utility easements apply, and septic systems must meet state and county requirements. The property is subject to a property owners’ association, with possible annual, special, or individual assessments. No home currently exists on the property. Any home shown in photos is an AI-generated concept for visualization only. Buyers should independently verify boundaries, utilities, building requirements, access, amenities, and all recorded restrictions before purchase.
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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: Graham
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