Positioned on the highly sought-after peninsula of Possum Kingdom Lake, this exceptional waterfront lot offers the perfect opportunity to build your dream lake home in one of the area’s most desirable locations. With convenient access directly off FM 2951, the property is easily reachable even with large boat trailers making this a very unique attribute for Trail Ridge Rd.
The lot offers a rare combination of usability and character featuring a wide, mostly level entry ideal for parking, storage, or a future shop, then gently transitioning to elevated terrain with natural rock features that can be beautifully incorporated into your build and landscaping. Deep water frontage provides excellent boating access, while the elevated setting captures stunning, unobstructed views of Possum Kingdom Lake.
An existing cabin is located on the property and will need to be removed, giving you a clean slate to design and build exactly what you want.
Whether you’re envisioning a weekend escape or a full time lakefront retreat, this property delivers the location, accessibility, and waterfront quality that are increasingly hard to find on Possum Kingdom.
For sale
$1,099,000
2217 Trail Ridge Rd #3, Graford, TX 76449
1beds
600sqft
Est.:
Single Family Residence
Built in 1965
0.87 Acres Lot
$795,400 Zestimate®
$1,832/sqft
$-- HOA
What's special
Waterfront lotElevated settingNatural rock featuresWide mostly level entry
- 8 hours |
- 47 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: 15 hours ago
Listed by:
Cody Klapper 0740009 940-229-1605,
Coldwell Banker Realty 817-329-9005
Source: NTREIS,MLS#: 21218969
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 0 x 0
Living room
- Features: Built-in Features
- Level: First
- Dimensions: 0 x 0
Features
- Built-in Features
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 600 sqft
Property
Parking
- Parking features: Unpaved
Features
- Levels: One
- Stories: 1
- Pool features: None
- On waterfront: Yes
- Waterfront features: Lake Front, Waterfront
- Body of water: Possum Kingdom
Lot
- Size: 0.87 Acres
- Features: Acreage, Many Trees, Sloped, Waterfront
- Topography: Rough
Details
- Parcel number: 22395
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1965
Utilities & green energy
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: Pk Lake
HOA
- Has HOA: No
Location
- Region: Graford
Financial & listing details
- Price per square foot: $1,832/sqft
- Tax assessed value: $757,150
- Annual tax amount: $10,449
- Date on market: 3/26/2026
- Listing terms: Cash,Conventional,1031 Exchange
- Electric utility on property: Yes
Estimated market value
$795,400
$660,000 - $970,000
$1,243/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2026 | Listed for sale | $1,099,000+34.2%$1,832/sqft |
Source: NTREIS #21218969 Report a problem | ||
| 4/6/2023 | Listing removed | -- |
Source: NTREIS #20129686 Report a problem | ||
| 10/12/2022 | Listing removed | $819,000$1,365/sqft |
Source: NTREIS #20129686 Report a problem | ||
| 8/2/2022 | Listed for sale | $819,000$1,365/sqft |
Source: NTREIS #20129686 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,449 -5.7% | $757,150 |
| 2024 | $11,082 -0.8% | $757,150 +0.1% |
| 2023 | $11,166 -4.2% | $756,600 |
| 2022 | $11,660 +73.3% | $756,600 +95.8% |
| 2021 | $6,730 -6.2% | $386,340 |
| 2020 | $7,175 -6.9% | $386,340 -6.1% |
| 2019 | $7,705 +26.1% | $411,640 +27.5% |
| 2018 | $6,112 +1.6% | $322,770 |
| 2017 | $6,018 +12.9% | $322,770 +11.2% |
| 2016 | $5,332 -16.2% | $290,240 |
| 2015 | $6,366 | $290,240 -19.7% |
| 2014 | $6,366 | $361,230 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,729/mo
Principal & interest
$5557
Property taxes
$1172
More affordability tools
Climate risks
Neighborhood: 76449
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 6/10Graford SchoolGrades: PK-12Distance: 15.5 mi
Schools provided by the listing agent
- Elementary: Graford
- Middle: Graford
- High: Graford
- District: Graford 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
- 2217 Trail Ridge Rd Unit 3