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$60,000
21162268 MLS
Discover an exceptional opportunity to build your dream getaway or year-round residence on this pristine 1.76-acre blank canvas. This expansive and level building site is surrounded by the famous red rocks and dramatic scenery that make Possum Kingdom feel more like a hidden canyon in the Southwest than a typical Texas lake. Located within the exclusive gated community of The Reserve at Gaines Bend, owners here enjoy a front-row seat to the lake's most spectacular events, including the world-renowned Red Bull Cliff Diving World Series and a legendary annual Fourth of July fireworks display. This property is just minutes from the iconic Hell’s Gate, where massive 90-foot cliffs create a majestic passage that serves as the social heart of the lake. As the premier destination for boating and recreation in North Texas, this location offers total privacy while providing owners with private access to community boat ramps and lake entry points. Full-time boat slips are also available to lease at the private marina, giving you even more flexibility to enjoy life on the water. Whether you envision a custom luxury lake home, a weekend retreat, or a high-end investment property with strong short-term rental appeal, this generous acreage positions you to capture a lake experience that is truly unlike anywhere else in the state. Don’t miss your chance to build a legacy where others only wish they could.

1036 Lake Shore Loop, Graford

$50,000
21168014 MLS
Discover the opportunity to own a piece of paradise in The Cliffs , on of Possum Kingdom Lakes most desirable gated golf communities. This beautiful unimproved land is the perfect setting to build your dream home, nestled between rolling hills and scenic views. Residents of The Cliffs enjoy resort-style amenities, including a championship 18 hole golf course, three sparkling pools , a luxurious clubhouse , and 24-7 gated security for your peace of mind. Water and sewer access are available , offering convenience and readiness for your future build. Whether you're an avid golfer, lake enthusiast , or simply seeking a tranquil retreat, this property offers the quintessential Texas Hill Country lifestyle - just minutes from the crystal-clear waters of Possum Kingdom Lake . Don't miss this exceptional opportunity to invest in one of the PK Lake's most prestigious communities.

Carnoustie Dr Carnoustie, Graford

$58,500
21156996 MLS
Build your dream home or weekend retreat on this exceptional 4.57-acre homesite in the sought-after Hills Above Possum Kingdom Lake. The property offers beautiful native trees, striking rock formations, and a scenic rocky creek along the back, with stunning sunrises and sunsets and the potential for second-story lake views. Water and electricity are available at the street, making future building easy and convenient. Lot ownership includes access to all neighborhood amenities, including boat storage, a community boat ramp and dock, clubhouse with pool and fitness center, fishing pond, lake access, picnic area with cabin, nature trail, and more than 20 miles of private gated roads. There is no requirement to build immediately. Build when you’re ready and choose the builder that best fits your vision. CCRs require a minimum 2,500 sq ft residence. When the time comes, the seller does have thoughtfully designed home plans available that may be customized if desired. Enjoy privacy, breathtaking natural surroundings, and a true Hill Country lake lifestyle — all less than two hours from DFW.

1428 Pk Hills Blvd, Graford

$20,000
21154723 MLS
Build your dream home or weekend retreat on this peaceful 2-acre hillside homesite in the desirable Hills Above Possum Kingdom Lake. Set along a scenic rocky slope, the property offers dramatic natural character and the potential for breathtaking views—an ideal setting for a thoughtfully designed custom residence. Located within a private, gated Hill Country community, the lot provides a quiet sense of seclusion surrounded by native trees and rugged terrain, perfect for those seeking privacy and a true connection to nature. Water and electricity are available at the street, offering convenience when you’re ready to build. Lot ownership includes access to all neighborhood amenities, including boat storage, a community boat ramp and dock, clubhouse with pool and fitness center, fishing pond, lake access, picnic area with cabin, nature trail, and more than 20 miles of private gated roads—allowing you to enjoy the full Possum Kingdom Lake lifestyle while coming home to privacy and space. There is no requirement to build immediately. Build when you’re ready and select the builder that best fits your vision. CCRs require a minimum 2,500 sq ft residence. When the time comes, the seller does have thoughtfully designed home plans available that may be customized if desired. Enjoy the freedom of acreage living with the convenience of resort-style lake amenities, all less than two hours from DFW.

1397 Canyon Wren South Loop, Graford

$39,500
21160899 MLS
Build your dream home or weekend escape on this beautiful two-acre cul-de-sac homesite in the desirable Hills Above Possum Kingdom Lake. Tucked within a gated northern Hill Country community, this property offers a peaceful, private setting highlighted by gorgeous valley views, serene views of Possum Kingdom Lake, and natural stone-lined trails that wind throughout the property. The upper portion of the lot is relatively flat and provides an ideal building site perfect for a custom home designed to capture lake views, scenic sunsets, and the surrounding Hill Country landscape. Native trees, natural stone, and elevation changes create both character and privacy, offering a truly special homesite for those seeking space and natural beauty. Water and electricity are available at the street, making the property ready for your future plans. There is no requirement to build immediately, allowing you to move at your own pace and select the builder that best fits your vision. CCRs require a minimum 2,500 square foot residence. When the time comes, the seller does have thoughtfully designed home plans available that may be customized if desired. Lot ownership includes access to all neighborhood amenities, including boat storage, a community boat ramp and dock, clubhouse with pool and fitness center, fishing pond, lake access, picnic area with cabin, nature trails, and more than 20 miles of private gated roads, providing the perfect balance of lake recreation and quiet country living. Enjoy the freedom of acreage living with resort-style amenities, breathtaking scenery, and the relaxed Possum Kingdom Lake lifestyle, all less than two hours from the DFW Metroplex.

1076 Enchanted Rock Ct, Graford

$66,900
21156046 MLS
WELCOME TO WATER RIDGE ESTATES! Come and plan your dream home or second home get-away. Water Ridge offers a beautiful Possum Kingdom Lake community with so amenities to make lake living fun and convenient. Some of the amenities include a resort style community center including swimming pool, sand volleyball court, playground, community facility and private access to Water Ridge Estate’s own Tranquility Cove. Tranquility Cove which is located less than a 3 minute drive from your new home. There you will find facilities and amenities available only to Water Ridge property owners, boat ramp, courtesy boat slips, sand volleyball and playground. Come and design the home that you wish for, build on your own timeline. Skytop Homes has several home plans to choose from or you can customize the home that meets your needs. You will have the option of short term rental, some restrictions apply.

TBD Green Elm, Graford

$38,000
21137437 MLS
Welcome to you new home by the lake! Build your dream home or perfect vacation getaway on this beautiful lot overlooking Neely Slough and The Cliffs Marina! Located in the desirable Phase 10 of The Cliffs. Ownership entitles you to access golf club and use of all the neighborhood amenities including Marina, boat ramp, both Cliff pools, club house, tennis court, playground, beach area and discount at the restaurant. Enjoy stunning views, gentle breezes, and relaxing evenings surrounded by nature, water, and wildlife. With plenty of space, you’ll have endless possibilities to design the lake retreat you’ve always wanted. Whether you’re looking for a peaceful weekend escape or a full-time lakeside lifestyle, this property offers it all. Come build your future here!

50 Jupiter Dr, Graford

$36,000
21128780 MLS
Welcome to you new home by the lake! Build your dream home or perfect vacation getaway on this beautiful lot overlooking Neely Slough and The Cliffs Marina! Located in the desirable Phase 10 of The Cliffs. Ownership entitles you to access golf club and use of all the neighborhood amenities including Marina, boat ramp, both Cliff pools, club house, tennis court, playground, beach area and discount at the restaurant. Enjoy stunning views, gentle breezes, and relaxing evenings surrounded by nature, water, and wildlife. With plenty of space, you’ll have endless possibilities to design the lake retreat you’ve always wanted. Whether you’re looking for a peaceful weekend escape or a full-time lakeside lifestyle, this property offers it all. Come build your future here!

305 Somerset Hills Dr, Graford

$340,000
3 Beds 1 Baths 21105721 MLS
WATERFRONT! Dragonfly Cottage offers deeded waterfront on Rock Creek at Possum Kingdom Lake with no HOA and no known restrictions against short-term rentals, including Airbnb and VRBO. Conveniently located approximately 12 minutes from Rocker B Ranch Baseball & Softball Complex, this property is well-positioned for personal enjoyment, a weekend retreat, full-time living, or future short-term rental opportunities. This 3-bedroom, 1-bath waterfront retreat offers approximately 1,268 square feet on 0.46 acres and is ideal as a full-time residence, weekend getaway, or potential vacation rental. Located on a stretch of waterfront where neighboring properties are successfully utilized as vacation rentals, this property provides flexibility for personal enjoyment or future income potential. Relax on the covered patio overlooking calm, protected waters, or take a short walk to the private dock, approximately 3 years old. Enjoy fishing, kayak-friendly waters, swimming, and easy access for pontoon and bass boats. The quiet cove setting offers a peaceful waterfront experience away from heavier lake traffic while still enjoying all that Possum Kingdom Lake has to offer. Recent improvements include energy-efficient mini-split systems installed two years ago, an updated electrical panel, and improved plumbing to the water heater. The home is all-electric, features a metal roof, and includes a storage building for lake equipment. Whether you're looking for a waterfront home, family lake retreat, or a property with short-term rental potential, Dragonfly Cottage offers a rare opportunity to own deeded waterfront on Possum Kingdom Lake.

9051 Lacy Rd, Graford

$24,900
21077374 MLS
Nestled right in the heart of the Cliffs Resort awaits the perfect, level homesite for you to start your lake lifestyle journey! Lot 4 in phase V is in walking distance to the waterfall swimming pool, tennis, pickle ball, playground, pro shop, bar and grill and the Cliffs' championship golf course! The Cliffs also has a beautiful hotel and condos available for your stay before you build, which there's no time limit for you to build, so buy now and start enjoying all the Cliffs has to offer now! Owners enjoy 36 free rounds of golf per year, too! You're just a short golf cart ride away is the Cliffs' award winning VIP Marina for all your boating needs, plus a sandy beach to relax and soak in the sun. This lot is full of really nice oaks that will provide shade and ambiance to your resort setting. This lot is a full sized lot, so a lower density of homes and more room in between. It also has the most desirable orientation, where the backyard faces SW, so enjoy the breezes while watching some of the best sunsets you've ever seen. Let's get you out of traffic and on a path to not only amazing scenery, but the best lake in Texas, Possum Kingdom Lake!

Lot 4 Cliffs, Graford

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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