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$1,250,000
3 Beds ⋅ 2 Baths ⋅ 21196386 MLS
Waterfront living at its finest on Possum Kingdom Lake. This beautifully updated 3-bedroom, 2-bath lake home offers incredible views, deep water access, and comes mostly furnished, making it move in or rental ready. The home features an open-concept layout designed for lake life, with spacious living areas, abundant natural light, and multiple spaces to relax or entertain. Two separate living areas provide flexibility for hosting guests or accommodating larger groups. Step outside to enjoy multiple outdoor living spaces, including patios perfect for taking in the sweeping elevated lake views and entertaining friends and family. Down at the water, the property boasts a two-story boat dock complete with boat & PWC slip, sundeck that's ideal for lounging or jumping into the deep clear water that is approximately 26 feet deep! The dock and walkway are in excellent condition and ready for immediate use, giving you effortless access to some of the best deep water on Possum Kingdom. With its desirable waterfront location and turnkey setup, the property also offers proven short-term rental potential. Whether you're looking for a weekend getaway, full-time lake house, or income-producing property, this Possum Kingdom retreat checks every box. Come experience the lake lifestyle and start making memories on the water.

2179 Trail Ridge Rd, Graford
$680,000
21198558 MLS
Waterfront lot .52 acres on Possum Kingdom Lake featuring a two-story dock with boat slip, offering direct access to boating, fishing, and lake recreation. The property provides an excellent opportunity to build your custom lake home and enjoy the waterfront lifestyle PK Lake is known for. Bring your builder and plans and design the lake retreat that fits your vision. The existing double-deck dock creates a great space for relaxing, entertaining, and enjoying expansive lake views. The stairs, railing going all the way around and upper floor are fully restored. Possum Kingdom Lake is known for its clear blue water, beautiful scenery, and recreational opportunities, making this property ideal for a weekend getaway, vacation home, or full-time residence. There is a septic in place.

935 Longs Camp Rd, Graford
$1,495,000
4 Beds ⋅ 6 Baths ⋅ 21202563 MLS
Experience refined lake living inside one of the area’s most exclusive gated golf communities. This stunning waterfront residence offers breathtaking views, beautifully designed living spaces, and an effortless blend of luxury and comfort. Step through an impressive entry into a home filled with natural light and sweeping lake vistas. Spacious interiors flow seamlessly to expansive outdoor living areas—perfect for entertaining, relaxing, or simply enjoying peaceful moments overlooking the water and surrounding cliffside scenery. A private elevator provides convenient access between levels, while generous terraces create the ideal setting for sunset views and lakeside gatherings. Residents also enjoy the perks of a premier golf lifestyle, including complimentary rounds on the course. After your game, hop in your golf cart or side-by-side and cruise down to the marina to continue your day on the water.

465 Bay Hill Dr, Possum Kingdom Lake
$269,000
21201683 MLS
Oversized waterfront lot located on beautiful Possum Kingdom Lake, offering direct water access and an ideal site for your future home. The build area is heavily treed for privacy and natural shade, with peaceful water views on one side and scenic views of the #13 hole of The Cliffs golf course on the other. This dock approved property is situated in quiet and secluded Neeley Slough, known for deep, calm waters perfect for boating and recreation. The elevated terrain provides exceptional views of both the Palo Pinto Mountain Range and the lake. Ownership in The Cliffs Resort includes access to amenities such as a championship golf course, tennis courts, swimming pool, marina, restaurant, and a private hotel. Property owners also enjoy security, common area maintenance, and complimentary rounds of golf each year. Whether you are planning a weekend retreat or a primary residence, this lot offers an ideal blend of natural beauty, privacy, and resort style living.

115 Broadmoor Ct, Possum Kingdom Lake
$2,999,999
5 Beds ⋅ 4 Baths ⋅ 21195426 MLS
Few properties at Possum Kingdom Lake command a setting like this. Positioned high along the dramatic cliffline within the prestigious Cliffs Resort, the scenery from this remarkable vantage point is simply unforgettable. This is one of the most coveted vantage points on the entire lake. Set on a double lot along the resort’s most sought-after street, this estate overlooks both the championship golf course and vast open blue waters of Possum Kingdom, capturing sweeping 180-degree panoramic views stretching for miles across Palo Pinto hill country. The residence was thoughtfully designed to showcase lake scenery from nearly every room. Upon entering, soaring ceilings and expansive two-story windows frame breathtaking lake views. Spacious living areas highlight exceptional craftsmanship with hand-carved trim work, exposed beams, suspended arches, tin ceilings, and a dramatic floor-to-ceiling stone fireplace. Multiple sitting areas invite quiet moments to relax and enjoy the ever-changing lake views. Outdoor living is equally impressive. The terraced landscape features an extraordinary infinity-edge pool designed to visually merge with the expansive water views beyond, along with shaded patios and mature oak trees creating inviting spaces for gathering or peaceful relaxation. Recent renovations redesigned portions of the floor plan for larger family accommodations and more overnight guests while brightening and modernizing the interior. Updates include quartz countertops, marble backsplashes & flooring, redesigned bathrooms, and refreshed finishes throughout. Major upgrades include hurricane-rated Andersen windows, doors with automatic shades, PEX plumbing, foam insulation, tankless water heaters, and drought-resistant landscaping. Room for future second residence with dramatic views. The Cliffs Resort Owners enjoy access to a championship golf course, marina, restaurant, pro shop, pools, tennis, pickleball, walking trails, and a vibrant lake community. Priced to sell.

175 Bay Hill Dr, Possum Kingdom Lake
$699,000
4 Beds ⋅ 2 Baths ⋅ 21188448 MLS
This is the kind of lakefront families talk about for years. Tucked inside a calm no-wake cove and surrounded by water on both sides, this rare double-waterfront retreat is designed for pure enjoyment. Mornings begin slowly here. Coffee in hand while the lake mirrors the sky, kids already barefoot in the sand. The private sandy beach becomes headquarters for paddleboard launches, cannonballs, sunbathing, and long, unhurried afternoons along the shoreline. The swim dock turns into evening central. Lines drop into the water for nighttime fishing, laughter carries easily across the quiet cove, and the calm water makes swimming, floating, and learning to boat feel safe and easy. This is lake life without the chaos. Peaceful, protected, and truly usable. Inside, lake views greet you from both the primary suite and guest spaces, so the water is the first thing you see each morning. The detached guest house, with two bedrooms joined by a Jack and Jill bath, creates a private retreat for visiting family and friends, giving everyone their own space while keeping the gathering close. After long days on the water, use the outdoor showers to rinse off sunscreen and sand before dinner on the patio.

1203 Mcginnis Pt, Graford
$1,750,000
4 Beds ⋅ 4 Baths ⋅ 21193173 MLS
OWNER FINANCING AVAILABLE! Welcome to one of the most coveted places in Texas: Hell’s Gate on Possum Kingdom Lake. From the adrenaline-pumping thrills of Red Bull cliff diving to one of the most amazing firework shows in America, there is truly no place like it. This premier waterfront luxury estate doesn’t just put you near the action; it grants you a front-row seat to the legendary PK lake lifestyle. Set high on the hill of the prestigious Sportsmans World. The heart of this home is the spectacular PARTY ROOM, specifically designed to capture the best view of Hell’s Gate where these world-class festivities take place. This expansive entertaining suite consists of an open living area, dining, and kitchen, all framed by breathtaking vistas. Even the attached full bathroom offers a stunning water view directly from the shower, ensuring you never lose sight of the beauty that surrounds you. For ultimate convenience, a private elevator provides seamless access from the oversized 3-car garage directly into the entertaining quarters. The main residence is a sanctuary built for hospitality, featuring four large bedrooms and three well-appointed bathrooms that comfortably sleep 8+ people for unforgettable family get-togethers. The interior ambiance is anchored by a stately fireplace in the main living area, creating the perfect atmosphere to cozy up during cooler Texas evenings. Transitioning to the outdoors is effortless, with both an upper patio and a lower patio providing multiple levels for relaxation and taking in the lake breeze. For those who thrive in the fresh air, the property features an inviting outdoor fire pit perfect for cooking over an open flame or simply unwinding under the stars. At the water’s edge, you will find a dedicated area to bring your boat, paddleboards, or kayaks for a day or a weekend on the lake. There is truly so much to offer in this lakeside retreat. It comes fully furnished for the turn key, instant lake life! Short term rentals allowed

6161 W Hells Gate Dr, Possum Kingdom Lake
$295,000
2 Beds ⋅ 2 Baths ⋅ 21187888 MLS
Enjoy breathtaking sunset views from the private balcony of this upper-level condo overlooking Possum Kingdom Lake. Perfectly positioned for relaxed lake living, this well-maintained and furnished unit offers comfort, convenience, and a front-row seat to the beauty of PK. Located within The Landing Condo community, owners enjoy a host of amenities including a swimming pool, private boat ramp, trailer parking, a covered dock with courtesy slips, and an on-site caretaker—plus the ease of low-maintenance living with no mowing required. Recent updates include fresh interior paint, NEW doors and windows, custom window treatments, a stainless steel appliance package, and a large-capacity stacked washer and dryer. The spacious floor plan features two bedrooms and two full baths, including a primary suite with en-suite bath. A generous living area and two access points to the balcony deck create an ideal space for entertaining or enjoying a peaceful weekend getaway. Start your mornings with coffee on the balcony, spend your afternoons at the pool or out on the lake, and wind down your evenings grilling on the deck as the sun sets over the water. FULLY furnished and conveniently located in the heart of PK, you’ll be just minutes from local dining, grocery shopping, and community events—making this the perfect full-time residence or weekend retreat, with very little maintenance to do and all the fun to have!

1655 Cedar Crest Loop Unit E7, Possum Kingdom Lake
$629,000
3 Beds ⋅ 4 Baths ⋅ 21192045 MLS
Experience waterfront living at its finest in this beautifully remodeled 3 bed 3 bath lakefront townhome offering breathtaking views. Designed to capture the beauty of the water, walls of windows flood the home with natural light and frame stunning vistas. The spacious, updated kitchen is both stylish and functional. Each bedroom includes its own private en-suite bathroom, creating ideal comfort and privacy for family and guests. The 3rd bedroom is currently used as a game room but can easily be converted back if desired. Step outside to a spacious oversized deck overlooking the best lake in Texas. Convenient stairs are closely located for easy access to your boat slip. This is more than a home- it's a front-row seat to peaceful mornings, golden sunsets and everything lake living has to offer. A deeded carport space designated for your use is a short walk and a parking pad for your UTV is located just outside the door of the property. Sportsman's World is the home of the infamous Hells Gate and also has a private airport located in the subdivision. This home is being sold fully furnished with the exception of coffee table and bar ware.

3103 Upcreek Alley, Unit 67, Strawn
$775,000
21187620 MLS
Over 1,000 Feet of Private Riverfront – A Rare Slice of Brazos Paradise Tucked at the end of a private road in the exclusive Legends of Fortune Bend, this 17.92-acre riverfront estate is one of the rarest opportunities on the North Texas market. With over 1,000 feet of direct frontage on the most pristine stretch of the Brazos River, this secluded property offers unmatched serenity, stunning natural beauty, and significant long-term investment value. Surrounded by towering cliffs and rolling Texas hills, the land features clean, clear, constant-flowing water—perfect for fishing, kayaking, tubing, and year-round swimming. It's a setting that feels worlds away, yet it's just 90 minutes from the Metroplex, making it an ideal weekend escape for discerning buyers. Key Features: 17.92 acres of private, riverfront land. End-of-road privacy in a gated community Over 1,000 feet of Brazos River frontage. Flat, usable terrain—ideal for your dream build or luxury barndo. Abundant wildlife including deer, turkey, and dove. Electric available. Agricultural tax exemption in place. Barndominiums welcome. Community includes private river access (for non-riverfront tracts), perimeter fencing, and gated keypad entry. With its unmatched combination of water, seclusion, and accessibility, this property offers a chance to build a legacy getaway—or a highly marketable luxury vacation rental. Tracts on the Brazos rarely come available, and riverfront holdings with this level of privacy and frontage are nearly unheard of. Schedule a private tour and experience what makes Fortune Bend one of Texas’ most sought-after riverfront communities.

Tbd Fortune Bend Rd, Graford
$580,000
5 Beds ⋅ 3 Baths ⋅ 21168634 MLS
Lakefront home on the peaceful North Shores of Possum Kingdom Lake surrounded by mature trees. The main home offers large open living space. Eat in Kitchen with gas range. Dining space with dry bar and tons of storage options. The oversized primary bedroom with ensuite bath boasts a garden tub, dual sinks and 2 extra large walk in closets. Two guest rooms separated by 2nd bathroom offer ample space for guests. The separate bunk house with 2 additional bedrooms and half bath, make this property ideal for rental investment. Huge kid friendly play yard and sandy beach lake frontage. Expansive covered lakeside deck to wile away the hours, entertain or just take in the unbeatable sunsets. Jump in the lake from your swim platform dock or tie up your watercraft. Plus this property is ideally located within walking distance to PK Airport. Don't let this one get away!

1059 Airport Rd, Possum Kingdom Lake
$275,000
21164585 MLS
Breathtaking 6.4+ Acre waterfront lot on the Brazos River offers a rare opportunity to own a scenic piece of Texas land, complete with a cliff edge and unforgettable views. *Owner finance options available* With an agricultural exemption already in place, well-maintained roads, and electricity available at the road, the groundwork is set; just add a private well and septic to bring your vision to life. This picturesque property features a beautiful blend of open pasture, scattered trees, towering mature oaks, and trails leading to stunning river overlooks. Enjoy peaceful, star-filled nights, the sounds of nature, abundant wildlife, and open-range livestock, all while maintaining privacy. The views of the surrounding Palo Pinto Mountains and a short hike to the Brazos River make it one of the most attractive tracts in the subdivision. Located in the Santo ISD and the desirable River Canyon Ranch, this property also offers access to a community river launch with a brand-new dock, perfect for kayaking, fishing, or enjoying the river. Conveniently situated approximately 8 miles from Lake Palo Pinto and 12 miles from Santo, this property blends seclusion with accessibility. An adjacent 6.8-acre tract is also available for those seeking additional space, and special financing may be available for qualified buyers. All information is deemed reliable but not guaranteed and should be independently verified. Make this remarkable property yours and experience the beauty of Texas.

136 River Canyon Rd, Palo Pinto
$285,000
21164562 MLS
Breathtaking 6.8+ Acre waterfront lot on the Brazos River offers a rare opportunity to own a scenic piece of Texas land, complete with a cliff edge and unforgettable views. *Owner finance options available* With an agricultural exemption already in place, well-maintained roads, and electricity available at the road, the groundwork is set; just add a private well and septic to bring your vision to life. This picturesque property features a beautiful blend of open pasture, scattered trees, towering mature oaks, and trails leading to stunning river overlooks. Enjoy peaceful, star-filled nights, the sounds of nature, abundant wildlife, and open-range livestock, all while maintaining privacy. The views of the surrounding Palo Pinto Mountains and a short hike to the Brazos River make it one of the most attractive tracts in the subdivision. Located in the Santo ISD and the desirable River Canyon Ranch, this property also offers access to a community river launch with a brand-new dock, perfect for kayaking, fishing, or enjoying the river. Conveniently situated approximately 8 miles from Lake Palo Pinto and 12 miles from Santo, this property blends seclusion with accessibility. An adjacent 6.4-acre tract is also available for those seeking additional space, and special financing may be available for qualified buyers. All information is deemed reliable but not guaranteed and should be independently verified. Make this remarkable property yours and experience the beauty of Texas.

135 River Canyon Rd, Palo Pinto
$269,000
21164088 MLS
This property offers the rare opportunity to build your dream waterfront getaway or full time home within the esteemed Cliffs Resort community. Sloped lot will offer stunning views across Possum Kingdom Lake upon the completion of your build. While you are building, enjoy all this amenity rich resort has to offer such as 18 hole golf course, tennis, restaurant, spa, hotel, marina and 2 Pools. Located just around the corner from the marina, so you could be on the water within minutes of arriving.

1010 Cliffs Dr, Possum Kingdom Lake
$330,000
3 Beds ⋅ 2 Baths ⋅ 21132412 MLS
Pack light and come ready to relax, this turn-key, fully furnished 3-bedroom, 2-bath condo in Paradise Villas is designed for effortless lake living. Thoughtfully updated and impeccably maintained, the home features modern appliances, sleek quartz surfaces, refreshed lighting, ceiling fans, and updated electrical throughout. Step outside to a covered balcony complete with outdoor seating, where evenings are best spent watching the sun dip behind Set Ranch and keeping an eye on the peaceful fishing channel below. The marina is just stepds away, walk or drive over for quick water access or to feed the fish and enjoy the lake lifestyle. Ownership includes use of the full Sportsman's World amenities, offering an in-ground pool, playground, tennis courts, and more. You’ll also appreciate being near one of the lake’s most recognizable attractions, Hells Gate, with front-row proximity to the annual fireworks show that draws visitors from all over. Whether you’re soaking up summer days on the water or enjoying crisp fall and winter evenings by the fireplace, this condo is a perfect escape from city noise and schedules. Boat slip and lift options are available separately at Bluff Creek Marina.

3037 Hells Gate Loop Unit C208, Possum Kingdom Lake
$429,000
2 Beds ⋅ 3 Baths ⋅ 21156971 MLS
Located on the highly preferred Peninsula section of Possum Kingdom Lake, this nearly new cabin offers a serene escape for a vacation stay at the lake, a second home, a primary residence away from the hustle and bustle of the city, or an income producing investment property. The open-concept main floor features a spacious living area with a great view and cozy fireplace, dining space, and kitchen with modern amenities. Upstairs offers two bedrooms and two full baths. Everything you need is here - fully furnished and well appointed with bedding, decor, and kitchen tools - just bring your personals and make it yours! The covered back deck and wrap-around porch expand your entertaining space for outdoor gatherings with a view of the lake, or enjoy a peaceful cup of coffee as you start your day watching the local waterfowl and the occasional deer wandering nearby. Community amenities include an outdoor fire pit and pool with cabana just a few steps off the deck of this cabin. Less than two hours from the DFW metro area, this is an ideal opportunity for both relaxation and rental income, and you'll be just a few minutes from local dining, entertainment, shopping, banking, churches and medical care. For those looking to keep a boat in the water, the seller will consider throwing in a one year boat slip lease at one of the nearby Marinas!

1525 Madams Rd Unit C, Possum Kingdom Lake
$1,980,000
4 Beds ⋅ 4 Baths ⋅ 21129845 MLS
Nestled within the esteemed Cliffs Resort community, this custom-built masterpiece, sitting on 2 lots, offers an unparalleled living experience. Sophisticated design blends grandeur with intimate comfortable living spaces. Privacy, distinction a front row access to the best of Possum Kingdom Lake Life. 180-degree panoramic views of the main channel provide a front row seat to all the action. The private primary suite is a serene retreat boasting a fire place and a spacious walk-in closet. Entertainment options include a large gourmet Kitchen, a full-size media room with tiered seating, great room, custom 15x24 in-ground pool featuring one of the best lake views on PK. For convenience, ride in style to the second level in the 500lb capacity elevator. The oversize garage with extra storage provides room for lake toys and a golf cart. An equipped exercise room can be enjoyed by all. An office with a built in desk is located on the second level. A Chaparral Sonesta Boat, Trailer, 30 foot slip with a power lift and a golf cart are negotiable along with other items in the home. Ownership in the Cliffs Resort provides access to the Marina, Restaurant, Hotel, Fitness Center, 2 Pools, Tennis Courts, Play Ground, Golf Course , 36 rounds of golf per year.

200 Oyster Bay, Graford
$1,950,000
4 Beds ⋅ 3 Baths ⋅ 21135010 MLS
See to believe!  Enjoy this gently sloping lawn onto a rare sandy beach in smooth no-wake water, allowing you to beach your boat and watercraft just a few steps directly in front your home. From there, & from the elevated covered patio that runs the full length of the home, you have amazing views of famed Hells Gate & the surrounding bluffs, with front row seats to the spectacular Fourth of July fireworks, iconic Hell’s Gate cliff diving, & serene glassy deep water.  Built in 2012 to maximize the water features and efficiently use the interior space, the one-level ranch-style residence offers an open great room, dining, & kitchen with an architecturally compelling vaulted ceiling, anchored by a wall of windows across the length of the home, bringing the lake indoors year-round. Double glass entry doors, beautiful cabinetry, 8’ tall doors, rich wood floors, 7” baseboards & 10' high ceilings throughout the home show the home was built to a higher standard. The oversized primary suite features full lake views & the junior master bedroom offers a private en-suite bath; and generously sized bedrooms 3 & 4 share a third full bath. A spacious laundry and pantry room includes a 10’ long countertop, washer and dryer, and a second refrigerator, ideal for extra food & supplies for large gatherings. This resort-style property is accessed through an electronic gate at the road and features a concrete circular driveway winding through secluding trees. The garage connects to the home via a porte-cochère, which provides additional covered parking. The outdoor living area is fully equipped with a built-in grill, speakers, and television—perfect for entertaining and watching your family and guests’ activities across the lawn and in the water.  Keep your boat and waverunners a short ride away at Bluff Creek Marina (let them handle the hassles and expense of boat dock ownership!). All furnishings and water toys are available for purchase, offering a true turnkey lakefront lifestyle.

7033 W Hells Gate Dr, Strawn
$160,000
21130054 MLS
Discover an exceptional opportunity to own 6.339 acres in the scenic Sierra Vista Ranch, one of the few lots that backs up directly to Palo Pinto Creek! Enjoy breathtaking panoramic views across rolling hills and lush countryside, teeming with deer and other wildlife. Barndominiums are allowed, making this an ideal setting to build your dream home with plenty of privacy and wide-open skies. Choose your own builder! This property combines rural tranquility with convenient access, just 53 miles from Fort Worth and a short drive to nearby towns including Weatherford, Granbury, Stephenville, and Mineral Wells. Experience the best of country living within reach of city amenities! An additional 6.339 acres is available next door. MLS#21130045

Tbd Mason, Santo
$3,499,000
6 Beds ⋅ 8 Baths ⋅ 21129905 MLS
Incredible lakefront retreat with front row panoramic views of iconic Hells Gate and a brand new pool added in 2025 that takes the outdoor experience to the next level. This waterfront property also offers a rare opportunity to transfer a 16x40 boat slip at Bluff Creek Marina making lake days easy and convenient. Designed for both comfort and entertaining this home features two spacious primary suites on the main level along with a stunning kitchen and a massive family room all positioned to capture beautiful lake views. Each of the six bedrooms includes its own private en suite bathroom offering space and privacy for family and guests alike. The lower level is built for fun with a large game room a huge wet bar and a balcony overlooking the water. A private guest suite with its own bathroom sits above the garage making it perfect for visitors or additional rental flexibility. Step outside to enjoy the outdoor kitchen and fireplace ideal for cool evenings and long conversations after sunset. The newly added pool creates a resort style backyard where you can relax swim and take in the scenery. This home is being sold fully furnished and is currently operating as a successful short-term rental making it an excellent investment opportunity or turnkey lake getaway. Located in Sportsman's World residents enjoy access to a marina live outdoor music venue general store and grill tennis courts community pool covered pavilion and playground. Whether you are looking for a personal retreat an income producing property or both this home delivers. Settle in and start planning your Fourth of July celebrations with what may be the best fireworks view on the lake.

7105 W Hells Gate Dr, Strawn
$773,000
21113736 MLS
PANORAMIC LAKE FRONT VIEWS OF POSSUM KINGDOM LAKE!! OWNER FINANCING AVAILABLE!! Build your dream waterfront weekend getaway or full-time home on this stunning property perched high above the lake inside the prestigious Cliffs Resort community, boasting unparalleled panoramic views of Possum Kingdom Lake. This premier location combines natural beauty with refined resort living. Enjoy tranquil evening walks to the nearby on-site restaurant, just a short distance away. Surrounded by a championship golf course, this property is the ideal retreat for both golf enthusiasts and nature lovers alike.

380 Clubhouse Dr, Graford
$876,000
21113969 MLS
PANORAMIC LAKE FRONT VIEWS OF POSSUM KINGDOM LAKE!! OWNER FINANCING AVAILABLE!! Build your dream waterfront weekend getaway or full-time home on this stunning property perched high above the lake inside the prestigious Cliffs Resort community, boasting unparalleled panoramic views of Possum Kingdom Lake. Lot 11 is a cul-de-sac lot which offers a wider backyard looking out over the lake. This premier location combines natural beauty with refined resort living. Enjoy tranquil evening walks to the nearby on-site restaurant, just a short distance away. Surrounded by a championship golf course, this property is the ideal retreat for both golf enthusiasts and nature lovers alike.

400 Clubhouse 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
$1,300,000
3 Beds ⋅ 2 Baths ⋅ 21103123 MLS
WATERFRONT CABIN with a two slip boat dock on Possum Kingdom Lake! Almost one full acre of pristine waterfront property featuring an impressive two-slip boat dock on the highly sought-after West Side of Possum Kingdom Lake, known as the Best Side for its blue water and convenient proximity to town amenities. When they say location, location, location...this is it! The beautifully manicured lot showcases mature trees, a gentle beach-like shoreline, and over 300 feet of walkway leading to the dock, which includes space for two boats and two Seadoos. The charming cabin has been tastefully updated, including a new roof, and comes fully furnished, ready to enjoy from day one. For those with grander visions, the cabin can easily be removed to make room for your dream lakefront estate, offering endless potential on this nearly acre sized waterfront lot. A large storage building is also included to store all your lake toys and gear. This property is private, scenic, and short term rental approved. It offers the perfect mix of investment and relaxation in one of Possum Kingdom’s most desirable locations. Come see this incredible waterfront opportunity for yourself!

4441 Chapel Rd, Graham
$125,000
21099912 MLS
WATERFRONT! Gorgeous lakefront property in a protected cove. Oak trees throughout the property, naturally manicured to create airy and open atmosphere under an almost seamless canopy above. Shoreline has both rocky and less rocky areas giving you both erosion protection and potential boat landing. Hog Bend is a unique area accessible only by boat creating a very private and exclusive environment perfect for people that just want to escape or enjoy the simpler things in life.

3500 Hog Bnd Unit 88, Graford
$1,049,999
3 Beds ⋅ 2 Baths ⋅ 21066132 MLS
Stunning 3-story A-frame lakefront home on Possum Kingdom Lake. 3 bedroom 2 bath home with extra living or game room downstairs. Home comes mostly furnished and with a 2022 19 foot Pontoon boat with a mercury motor and all the accessories you need, including a trailer. Less the 50 hours of use. Primary bedroom is a loft with bathroom and walk in closet. Wake up to the most beautiful view with windows to the top of the cathedral ceiling to watch the sunrise come up over the lake! Kitchen features quartz counter tops and custom cabinets, flowing into a cozy living room with a wood burning fireplace.Covered porch on first floor with outdoor kitchen area and deck on second floor both offering an amazing view of the lake! Concrete driveway for ample parking and 2 car carport with storage. The cutest casita to read or watch tv in and enjoy the lake. Mancave workshop built in the last couple years. There is no HOA and the 1+ acre is owned not leased offering 150 feet of shoreline. Dock with boat lift and 2nd story party deck. Water Level is typically around 9 feet deep. Two 1550 gallon water tanks to be able to keep plenty of water with a heater cord wrapped around the pipes that turn on when temperature drops below 45 degrees to prevent freezing pipes. Extra shed for even more storage. Beautiful rock work outside. With breathtaking lake views, and endless space to relax or entertain, this property truly has it all!

3617 Brandy Rd, Caddo
$1,890,000
7 Beds ⋅ 6 Baths ⋅ 21064724 MLS
Welcome to your dream lake retreat on the shores of Possum Kingdom Lake. This rare one story barndominium style estate blends modern design with the laid back charm of lake living and comes fully furnished and ready to enjoy. The main home features four spacious bedrooms and four baths with an open layout that makes entertaining effortless. The kitchen offers sleek quartz countertops, crisp cabinetry, and a large island that flows into the living and dining spaces where tall ceilings, wood beams, and a stone fireplace create a warm gathering place. Step outside to the screened in patio where you can dine or relax while taking in views of the water. A 140 foot walkway leads to the private covered dock complete with an automatic boat lift, two jet ski lifts, and lockable storage. Evenings are best spent by the fire pit under string lights or soaking in the hot tub while watching unforgettable sunsets. Guests will love the private three bedroom two bath guest house, making this property ideal for hosting friends and family or for use as a short term rental. With room to comfortably sleep sixteen and a strong rental history, it is both a personal getaway and a SMART investment. Additional highlights include a fully fenced lot with custom cedar automatic gate, fresh sod with sprinkler system, spray foam insulation for energy efficiency, and a massive 1400 square foot garage perfect for hobbies or game nights with space for a dart board and basketball hoop. Located just minutes from dining, live music, Rocker B Ranch, golf, and all the attractions of Possum Kingdom Lake, this home offers a lifestyle like no other. Life is better by the water and this property makes every day feel like a vacation. As of Sept 19 this has grossed $160,000 from STR for 2025. Please reach out to Brooke for updated numbers.

413 Hoot Ave, Graford
$535,000
2 Beds ⋅ 2 Baths ⋅ 21032824 MLS
Rare opportunity to own a true lakefront condo with short term rental approval. This gorgeous first floor residence comes fully furnished and completely turnkey, ready for you to enjoy or start generating income right away. Featuring 2 spacious bedrooms and 2 bathrooms, the open floor plan is perfect for relaxing and entertaining. The bright, modern kitchen boasts a large center island, stainless steel appliances, and ample storage, flowing seamlessly into the inviting living and dining areas. Expansive windows frame stunning lake views, filling the space with natural light. Step outside to your private enclosed patio, the perfect spot to sip your morning coffee while overlooking the water. Just steps away, you will find the sparkling pool and hot tub, along with a variety of resort-style amenities including a fitness center, spa, fire pit, and outdoor grilling pavilion. Spend your days boating, fishing, or simply enjoying the peaceful lakeside atmosphere. This property’s prime location also makes it an ideal short term rental, especially for guests attending nearby Rocker B Ranch baseball tournaments and events. With no maintenance to worry about, you can focus on making memories by the water. Whether as a personal getaway or an investment property, this lakefront condo delivers a perfect blend of comfort, style, and convenience.

3412 Scenic Point Rd Unit 104, Graford
$250,000
21006788 MLS
Welcome to this stunning waterfront lot on the beautiful Possum Kingdom Lake nestled within The Cliffs Resort. This premier gated community offers an array of premium amenities, including a championship golf course, swimming pool, full service marina, a sandy beach area, an upscale restaurant, a clubhouse and much more. This scenic tree covered lot is a perfect setting to build your dream lake home, offering breathtaking views of the lake and surrounding nature.

Tbd Broadmoor Ct, Graford
$199,000
20984513 MLS
Looking for river front property, look no further! Stunning property in the Brazos Mountain Ranch, a premier gated community. Property has well installed already! Build your own cabin, barndominium, or simply enjoy your land as you see fit. 45 minutes from Possum Kingdom Lake. Palo Pinto County's new State Park features a visitor's center, playscape, pavilion, equestrian, camping, fishing and more. Membership in a cattle grazing association is mandatory to insure that the very important AG-Exemption remains for all.

2105 River Shoals Rd, Mineral Wells

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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