Date
Details
Price
Change
Source
11/14/2025
Listed
$458,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/15
$458,500
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1/15
Property Description
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.
Full Property Details
Full Property Details for 0000 Hwy 16 Hwy
General
- Price: $458,500
- Taxes: $2,084
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21112248
- Updated: 3/27/2026
- Added to Site: 140 day(s) ago
Location
- County: Palo Pinto
- Subdivision: None
- Driving Directions: From Graham, Follow Highway 16 until you get to the PK Sportsbar. Property is on the right on both sides of Rock Creek Loop.
School Information
- Elem School District: Graford ISD
- Midd School District: Graford ISD
- High School District: Graford ISD
- Elementary School: Graford
- Middle School: Graford
- High School: Graford
Utilities
- Utility Description: Electricity Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved
Lot Features
- Lot Size (Acres): 26.972
- Lot Size (Sq. Ft.): 1,174,900.32
- Lot Size Source: Public Records
- Frontage: County Road, City Street, Highway, All Weather Road, Asphalt
- Lot Features: Acreage, Many Trees
- Potential Use: Agricultural, Cattle, Commercial, Development, Hunting, Investment, Single Family, Unimproved
- Zoning: Residential or Commercial
Water Features
- Water Front Name: Possum Kingdom
Financial Considerations
- Tax Amount: $2,084
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: ACRES: 26.972 AB 135 TR 9 R CLARK G#10135-00-
- Property ID: 1190
Listed by Possum Kingdom Real Estate, Merit Holstein
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 0000 Hwy 16 Hwy —
Merit Holstein
Possum Kingdom Real Estate
(940) 779-1111
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 0000 Hwy 16 Hwy
School District:Palo Pinto Independent School District
| Name | Grades | Distance |
|---|---|---|
Palo Pinto Elementary School 821 Oak Street, Palo Pinto, TX 76484 | PK-6 | 11.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 0000 Hwy 16 Hwy
Tax History
Tax History for 0000 Hwy 16 Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$64
-7%
$4,780
-99%
2023
$69
-4%
$410,620
8731%
2022
$72
-11%
$4,650
-98%
2021
$81
-6%
$251,850
33%
2020
$86
-2%
$188,880
—
2019
$88
-1%
$188,880
11%
2018
$89
1%
$169,720
—
2017
$88
1%
$169,720
41%
2016
$87
—
$120,450
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 0000 Hwy 16 Hwy
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- Single Family
- Active
- Updated 2 hours ago
- 4Beds
- 3Total Baths
- Mobile Home
- Active
- Updated 2 days ago
- 2Beds
- 1Total Bath
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 4Total Baths
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- Mobile Home
- Active
- Updated 2 days ago
- 2Beds
- 1Total Bath
0000 Hwy 16 Highway, Graford, TX 76449 (MLS# 21112248) is a Lots/Land property with a lot size of 26.972 acres. 0000 Hwy 16 Highway is currently listed for $458,500 and was received on November 14, 2025. Want to learn more about 0000 Hwy 16 Highway? Do you have questions about finding other Lots/Land real estate for sale in Graford? You can browse all Graford real estate or contact a Coldwell Banker agent to request more information.