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$825,000
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Property Description
Stunning 1.5-Acre Lot with Breathtaking Lake Views in The Ranch at Possum Kingdom. Welcome to your future lake retreat! This expansive 1.5-acre lot is perched above one of the main channels of Possum Kingdom Lake, offering panoramic water views. Located within prestigious gated development, The Ranch spans over 1,000 acres of shared open space and offers residents a luxury lifestyle with an impressive list of amenities. Enjoy access to a resort-style pool, private boat ramp, sports complex, equestrian center. skeet shooting range, horse facilities and more! Bring your builder and build your dream home! Whether your planning to build your dram home or invest in a premier piece of Texas lakefront land, this property provides the perfect blend of natural beauty, privacy, and upscale community living.
Full Property Details
Full Property Details for 1000 Palomino Trail
General
- Price: $825,000
- HOA FEE: $525/month
- HOA FEE FREQ.: Annually
- Taxes: $9,152
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 20937632
- Updated: 2/4/2026
- Added to Site: 383 day(s) ago
Additional Information
- Shared Pool: Yes
- Pool: Yes
- Pool Description: Community
- Security/Safety: Gated with Guard
Exterior
- Exterior Features: Dock
Location
- County: Palo Pinto
- Subdivision: Ranch
- Driving Directions: Contact agent for gps pin
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
Community
- Gated community: Yes
- Association: Yes
- Assoc. Name: Ranch Owners Association
- Assoc. Fees Include: All Facilities, Association Management, Maintenance Grounds
Utilities
- Water: Public
- Utility Description: Electricity Available, Underground Utilities, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Residential, Single Family
Lot Features
- Property View: Water
- Lot Size (Acres): 1.554
- Lot Size (Sq. Ft.): 67,692.24
- Frontage: All Weather Road
- Lot Features: Acreage, Back Yard, Lawn
- Development Status: Site Plan Approved, Streets Installed
- Potential Use: Residential, Single Family
- Zoning: Residential, resort
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Possum Kingdom
- Water Front Desc.: Lake Front
- Lake Front: Yes
- Boat Dock Slip: Yes
Financial Considerations
- Association Fee: $6,300
- Assoc Fee Freq.: Annually
- Tax Amount: $9,152
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: ACRES: 1.554 THE RANCH BLK I LOT I-8 (DEEDED
- Property ID: 24382
- Block: I
- Lot Number: I-8
Listed by Century 21 Mike Bowman, Inc., Michael Avidon
Get Pre-Approved Today
Schools
Schools serving 1000 Palomino Trail
School District:Graford Independent School District
| Name | Grades | Distance |
|---|---|---|
Graford High School 400 West Division Street, Graford, TX 76449 | PK-12 | 12.1 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 1000 Palomino Trail
Date
Details
Price
Change
Source
5/15/2025
Listed
$825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1000 Palomino Trail
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,594
19%
$627,430
—
2023
$6,381
—
$625,320
45%
2023
$6,381
15%
$432,350
20%
2022
$5,540
-7%
$359,480
6%
2021
$5,930
293%
$340,450
319%
2020
$1,509
-1%
$81,230
—
2019
$1,520
-47%
$81,230
-47%
2018
$2,884
2%
$152,310
—
2017
$2,840
-9%
$152,310
-10%
2016
$3,109
—
$169,230
—
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 1000 Palomino Trail
1000 Palomino Trail, Graford, TX 76449 (MLS# 20937632) is a Lots/Land property with a lot size of 1.554 acres. 1000 Palomino Trail is currently listed for $825,000 and was received on May 15, 2025. Want to learn more about 1000 Palomino Trail? 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.

