Fantastic opportunity to own a spectacular lake home in the gated Possum Kingdom Lake community of Gaines Bend! Built in 2021 and still has that new home feel! See the stunning blue waters of pristine Possum Kingdom Lake as you enter your spacious home in paradise! With a very open floor plan this home feels much larger than it actually is. Lots of covered decks to enjoy the beautiful views and fresh air will never get old. Sitting on almost a half acre, let your imagination run wild with the personal touches that suit you, plus the added bonus of no lots behind you, so feel free to feed the deer and enjoy the privacy you crave. Gaines Bend amenities include secure gate at the entrance, 2 boat ramps, and a day dock for convenience. Short term rentals are available, so why not let your lake house become an investment property, too!
For sale
$450,000
1186 Rawhide Rdg, Graford, TX 76449
3beds
1,824sqft
Est.:
Single Family Residence
Built in 2021
0.46 Acres Lot
$433,300 Zestimate®
$247/sqft
$83/mo HOA
What's special
Very open floor planBeautiful viewsLots of covered decksSpacious home
- 17 days |
- 549 |
- 17 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 08, 2026 at 05:10pm
Listed by:
Jan Johanson 0626643 940-745-1411,
eXp Realty LLC 888-519-7431
Source: NTREIS,MLS#: 21201929
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Family room
- Level: Second
- Dimensions: 0 x 0
Living room
- Level: First
- Dimensions: 0 x 0
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator
Features
- Decorative/Designer Lighting Fixtures, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry
- Flooring: Carpet, Laminate
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,824 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Side
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony, Covered, Deck
- Exterior features: Balcony, Deck
- Pool features: None
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Body of water: Possum Kingdom
Lot
- Size: 0.46 Acres
- Features: Greenbelt, Subdivision
Details
- Parcel number: 565385
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 2021
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Septic Available, Water Available
Community & HOA
Community
- Subdivision: Gaines Bend
HOA
- Has HOA: Yes
- Services included: All Facilities, Maintenance Grounds, Security
- HOA fee: $1,000 annually
- HOA name: PMI
- HOA phone: 817-952-9009
Location
- Region: Graford
Financial & listing details
- Price per square foot: $247/sqft
- Tax assessed value: $384,420
- Annual tax amount: $3,986
- Date on market: 3/8/2026
- Listing terms: Cash,Conventional,1031 Exchange,VA Loan
- Electric utility on property: Yes
Estimated market value
$433,300
$412,000 - $455,000
$2,108/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/8/2026 | Listed for sale | $450,000-9.8%$247/sqft |
Source: NTREIS #21201929 Report a problem | ||
| 10/1/2025 | Listing removed | $499,000$274/sqft |
Source: NTREIS #20796001 Report a problem | ||
| 8/16/2025 | Price change | $499,000-5.7%$274/sqft |
Source: NTREIS #20796001 Report a problem | ||
| 7/12/2025 | Price change | $529,000-3.8%$290/sqft |
Source: NTREIS #20796001 Report a problem | ||
| 3/1/2025 | Price change | $550,000-3.5%$302/sqft |
Source: NTREIS #20796001 Report a problem | ||
| 12/12/2024 | Listed for sale | $570,000$313/sqft |
Source: NTREIS #20796001 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,986 +17.8% | $384,420 |
| 2024 | $3,383 +17.3% | $384,420 +80.7% |
| 2023 | $2,885 +5.5% | $212,750 +19.2% |
| 2022 | $2,734 +271.4% | $178,410 +324.9% |
| 2021 | $736 -14.5% | $41,990 -10.3% |
| 2020 | $861 | $46,790 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,799/mo
Principal & interest
$2236
Property taxes
$480
HOA Fees
$83
More affordability tools
Climate risks
Neighborhood: 76449
Nearby schools
GreatSchools rating
- 9/10Palo Pinto Elementary SchoolGrades: PK-6Distance: 10.6 mi
- 6/10Graford SchoolGrades: PK-12Distance: 13.3 mi
Schools provided by the listing agent
- Elementary: Palo Pinto
- Middle: Palo Pinto
- High: Palo Pinto
- District: Palo Pinto ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 76449
- Texas
- Palo Pinto County
- Graford
- 76449
- 1186 Rawhide Rdg
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