Hwy 16 Highway, Graford, Texas

$458,500

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26.97

Acres

About Hwy 16 Highway

Discover a rare 26.972-acre unrestricted property offering exceptional versatility and prime accessibility just minutes from Possum Kingdom Lake. With direct road access from Highway 16, Rock Creek Loop, and Hoot Ave, this tract provides multiple entry points and excellent visibility for a variety of uses. Whether you're looking to build a private residence, develop commercial facilities, or subdivide into smaller tracts, the opportunities are wide open. Unrestricted status allows you to create exactly what you envision, including barndominiums, lake retreats, RV sites, storage facilities, rental cabins, or a mixed-use layout. Large acreages this close to the lake are increasingly hard to find, making this an attractive option for both investors and end-users. Utilities are readily available, with water service through Possum Kingdom Water Supply and electricity through United Co-op, giving you a strong head start on development. The land offers ample space for building sites, livestock, or long-term investment potential. Whether you’re seeking a personal homestead with room to grow or exploring a commercial venture in a high-demand lake area, this property delivers the freedom, size, and location that set it apart.

Status Change History

May 27, 2026 Status Changed from Pending to Closed Closed
Apr 20, 2026 Status Changed from Active Under Contract to Pending Pending
Mar 27, 2026 Status Changed from Active to Active Under Contract Active Under Contract

Features of Hwy 16 Highway

MLS® # 21112248
Price $458,500
Acres 26.97
Type Land
Sub-Type Unimproved Land
Status Closed

Community Information

Address Hwy 16 Highway
Subdivision None
City Graford
County Palo Pinto
State Texas
Zip Code 76449

Amenities

Utilities All Weather Road, Asphalt, Co-op Electric
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Acreage, Many Trees

School Information

District Graford ISD
Elementary Graford
Middle Graford
High Graford

Additional Information

Date Listed November 14th, 2025
Date Sold May 26th, 2026
Days on Market 305
Zoning Residential or Commercial

Listing Details

AgentMerit Holstein
OfficePossum Kingdom Real Estate
Contact Info(940) 779-1111

Listing Map

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