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$695,000
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Property Description
Lakefront Luxury Meets the Ultimate Entertainment Retreat! Experience everything Possum Kingdom Lake has to offer at this exceptional 3-bedroom, 2-bath waterfront retreat, where breathtaking sunsets and unforgettable memories await. Whether you're searching for a full-time lakeside residence, weekend getaway, or a proven income-producing investment, this property delivers it all. The true showstopper is the incredible 1,200 square feet of lakeside outdoor living space, thoughtfully designed for entertaining and relaxation. Host family and friends with a fully equipped outdoor kitchen, gather around the impressive stone fireplace, rinse off in the custom stone outdoor shower, or enjoy game day in the fully enclosed lakeside bar. Just steps away, the beautifully maintained grassy play yard provides the perfect place for kids and pets to enjoy the lakefront lifestyle. At the water's edge, you'll find a recently re-decked and freshly painted swim dock ready for endless days of swimming, fishing, and boating. A custom rock retaining wall with built-in steps into the lake not only adds beauty but also provides valuable shoreline protection from erosion. Inside, you'll find a comfortable and inviting home with 3 bedrooms and 2 bathrooms, making it ideal for hosting family, guests, or vacation renters. Additional features include New metal roof 2023, 2-car carport, 487 sq ft shop with two overhead bay doors, perfect for storing all your lake toys. Directly across from the airport, providing exceptional convenience for weekend travelers and guests. Currently operating as a successful short-term rental, this property offers outstanding investment potential while also serving as the perfect personal lake escape. Home comes fully furnished. Wake up to sparkling water, spend your days enjoying P.K. Lake, and end every evening with some of the most spectacular sunset views on the lake. This is more than a home-it's a lifestyle. Come experience lake living at its finest.
Full Property Details
Full Property Details for 1047 Airport Rd
General
- Price: $695,000
- Taxes: $9,353
- Status: Active
- Type: Mobile Home
- Source: NTREIS
- MLS ID: 21338578
- Updated: 8/20/2026
- Added to Site: 31 day(s) ago
Interior
- Interior Features: Wet Bar, Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, High Speed Internet, Kitchen Island, Open Floorplan, Walk-In Closet(s)
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
- Flooring: Carpet, Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, Laundry in Utility Room
Additional Information
- Equipment: Satellite Dish
Exterior
- Exterior Features: Barbecue, Dock, Gas Grill, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Living Area, Outdoor Shower, Storage
- Porch/Patio/Deck: Rear Porch, Front Porch, Patio, Covered
Parking
- Garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 4
- Parking Features: Additional Parking, Circular Driveway, Covered, Carport, Door-Multi, Detached Carport, Deeded, Driveway, Garage, Lighted, Oversized, Garage Faces Side, Boat, RV Access/Parking
Location
- County: Palo Pinto
- Subdivision: Pk Lake
- Driving Directions: From North FM 2353 Take Airport Rd. Stay right onto Airport Rd going toward the Airport. Property on left across from the airport.
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
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Community/Coop, Well
- Well: Yes
- Utility Description: Electricity Available, Overhead Utilities, Phone Available, Septic Available, Separate Meters, Water Available
Structural Information
- Property Detached: Yes
- Structure Type: House
- Detached/Attached: Detached
- Construction: Rock, Stone
- Roof: Metal
- Windows: Window Coverings
- Stories/Levels: 1
- Living Area: 2,016 Sq. Ft.
- Year Built: 2000
- Property Condition: Resale
Additional Structures
- Other Structures: Outbuilding, Outdoor Kitchen, Shed(s), Workshop
Lot Features
- Lot Size (Acres): 0.516
- Lot Size (Sq. Ft.): 22,476.96
- Lot Features: Retaining Wall
Water Features
- Water Front: Yes
- Water Front Desc.: Boat Dock/Slip, Lake Front
- Lake Front: Yes
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $9,353
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: ACRES: 0.516 PK LAKE 38-1-50 AREA 11 LOT K (F
- Property ID: 23584
- Lot Number: K
Listed by Boot Team Realty, Penni Boot
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Schools
Schools serving 1047 Airport Rd
School District:Graford Independent School District
| Name | Grades | Distance |
|---|---|---|
Graford High School 400 West Division Street, Graford, TX 76449 | PK-12 | 10.9 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 1047 Airport Rd
Date
Details
Price
Change
Source
7/25/2026
Listed
$695,000
—
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 1047 Airport Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,919
15%
$648,480
-4%
2023
$8,623
—
$677,690
16%
2023
$8,623
6%
$584,250
11%
2022
$8,131
21%
$527,650
37%
2021
$6,712
52%
$385,340
53%
2020
$4,421
5%
$251,980
6%
2019
$4,201
4%
$238,440
—
2018
$4,024
13%
$239,520
—
2017
$3,570
13%
$240,180
—
2016
$3,169
—
$240,180
—
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 1047 Airport Rd
1047 Airport Road, Graford, TX 76449 (MLS# 21338578) is a Mobile Home property with 3 bedrooms and 2 full bathrooms. 1047 Airport Road is currently listed for $695,000 and was received on July 25, 2026. Want to learn more about 1047 Airport Road? Do you have questions about finding other Mobile Home real estate for sale in Graford? You can browse all Graford real estate or contact a Coldwell Banker agent to request more information.

