Date
Details
Price
Change
Source
9/14/2026
Listed
$5,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Perched on a spectacular point at Possum Kingdom Lake, this exceptional waterfront estate offers breathtaking panoramic views and an incredible setting for luxury lake living. Wake to beautiful sunrises from the primary suite and unwind in the evenings as vibrant sunsets illuminate the picturesque cliff wall across the water. Designed for both relaxation and entertaining, this expansive 5 bedroom, 4.5 bath home features soaring vaulted ceilings, walls of windows, and generous living spaces filled with natural light and lake views. At the heart of the home, a massive oversized island creates the perfect gathering place for holidays, celebrations, and unforgettable weekends at the lake. The chef's kitchen features premium Thermador appliances and flows seamlessly into a fully conditioned outdoor kitchen with roll up garage style windows, creating an impressive indoor outdoor entertaining space for year round enjoyment. The luxurious primary suite is a private retreat with a fireplace, expansive walk in closet, and spa inspired bath featuring a large freestanding soaking tub. Upstairs, two guest bedrooms share a spacious living and game room, providing a private and comfortable retreat for family and guests. Outside, enjoy the pool, hot tub, fire pit, and incredible waterfront setting. A whole home generator provides automatic backup power to the entire residence, offering added comfort and peace of mind during power outages. The oversized RV barn offers exceptional storage and exciting expansion potential, with plans already in place to add three additional bedrooms and three bathrooms above. With high end finishes, exceptional entertaining areas, expansive accommodations, and some of the most impressive views on Possum Kingdom Lake, this remarkable estate delivers the ultimate lakefront lifestyle.
Full Property Details
Full Property Details for 1011 Possum Point
General
- Price: $5,250,000
- HOA FEE: $83/month
- HOA FEE FREQ.: Annually
- Taxes: $41,654
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21385630
- Updated: 9/16/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Built-in Features, Chandelier, Cathedral Ceiling(s), Dry Bar, Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Propane
- Appliances: Double Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Washer
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Laundry in Utility Room
Additional Information
- Pool: Yes
- Pool Description: Pool
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 4
- Parking Features: Attached Carport, Additional Parking, Circular Driveway, Concrete, Garage, Porte-Cochere
Location
- County: Palo Pinto
- Subdivision: Gainesbend Park Lake
- Driving Directions: Stay on Gaines Bend Drive. At the Y, keep right onto Lake Shore Loop. Continue on Lake Shore Loop, then keep right onto Bluebonnet. Follow Bluebonnet until it runs into Possum Point. Turn onto Possum Point and continue to 1011 Possum Point.
School Information
- Elem School District: Palo Pinto ISD
- Midd School District: Palo Pinto ISD
- High School District: Palo Pinto ISD
- Elementary School: Palo Pinto
- Middle School: Palo Pinto
- High School: Mineral Wells
Community
- Association: Yes
- Assoc. Name: PMI
- Assoc. Fees Include: All Facilities, Association Management, Maintenance Grounds
Utilities
- Sewer: Private Sewer
- Water: Community/Coop
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Detached
- Roof: Metal
- Living Area: 5,362 Sq. Ft.
- Year Built: 2021
Lot Features
- Lot Size (Acres): 0.347
- Lot Size (Sq. Ft.): 15,115.32
Water Features
- Water Front: Yes
- Water Front Name: Possum Kingdom
- Water Front Desc.: Boat Dock/Slip, Lake Front
- Lake Front: Yes
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $1,000
- Assoc Fee Freq.: Annually
- Tax Amount: $41,654
- Terms: Cash, 1031 Exchange, Other
Disclosures and Reports
- Legal Description: ACRES: 0.347 GAINES BEND PK LAKE BLK 1 LOT 71
- Property ID: 16385
- Block: 1
- Lot Number: 71
Listed by The Brokerage Residential LLC, Clay Springer and The Brokerage Residential LLC, Bo Bennett
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 1011 Possum Point —
Clay Springer
The Brokerage Residential LLC
Bo Bennett
The Brokerage Residential LLC
972-379-7486
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1011 Possum Point
School District:Palo Pinto Independent School District
| Name | Grades | Distance |
|---|---|---|
Palo Pinto Elementary School 821 Oak Street, Palo Pinto, TX 76484 | PK-6 | 11.5 mi |
Mineral Wells High School 3801 Ram Boulevard, Mineral Wells, TX 76067 | 9-12 | 22.3 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 1011 Possum Point
Tax History
Tax History for 1011 Possum Point
Year
Property Taxes
Change
Tax Assessment
Change
2025
$31,971
2%
$4,160,570
—
2023
$31,204
—
$4,160,570
57%
2023
$31,204
-12%
$2,645,730
—
2022
$35,287
148%
$2,645,730
226%
2021
$14,224
103%
$811,570
113%
2020
$7,020
-2%
$381,530
-1%
2019
$7,181
76%
$385,430
78%
2018
$4,082
-15%
$216,110
-17%
2017
$4,793
1%
$261,460
—
2016
$4,727
—
$261,460
—
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 1011 Possum Point
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- Lots/Land
- Active
- Updated 3 days ago
- 2.93Acres
- Commercial Service
- Active
- Updated 6 days ago
- 7,200Sq. Ft.
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- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 4Total Baths
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 5Total Baths
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
- Lots/Land
- Active
- Updated 3 days ago
- 2.93Acres
1011 Possum Point, Graford, TX 76449 (MLS# 21385630) is a Single Family property with 5 bedrooms, 4 full bathrooms and 1 partial bathroom. 1011 Possum Point is currently listed for $5,250,000 and was received on September 14, 2026. Want to learn more about 1011 Possum Point? Do you have questions about finding other Single Family real estate for sale in Graford? You can browse all Graford real estate or contact a Coldwell Banker agent to request more information.