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$950,000 Just Listed
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Property Description
Build your dream lakefront retreat on one of the most breathtaking homesites at Possum Kingdom Lake. This 1.88-acre waterfront lot in the prestigious community of The Ranch offers expansive, unobstructed lake views and a beautiful canopy of mature live oaks and native trees that provide both privacy and natural charm. This is a rare opportunity to own a premier cliffside property where the beauty of Possum Kingdom truly comes to life. Whether you envision a luxury lake house, weekend escape, or long-term investment, this homesite delivers the perfect canvas. Residents of The Ranch enjoy resort-style amenities unlike any other development on the lake. A stunning waterfront complex features a pool, multiple hot tubs, and a clubhouse designed for relaxation and entertaining. Additional amenities include a private boat ramp, courtesy slips, tennis courts, sand volleyball, baseball field, and a fully equipped fitness center. For outdoor and equestrian enthusiasts, the community offers an on-site equestrian center, miles of scenic riding and ATV trails, and over 1,100 acres of shared common area to explore. Unique features such as a lakeside skeet range, a peaceful meditation chapel, and a signature lighted cross atop the mountain create an unmatched lifestyle experience. Rustic elegance, panoramic views, and unmatched amenities, this is lake living at its finest. Opportunities like this are limited. Secure your piece of Possum Kingdom today.
Full Property Details
Full Property Details for 1131 Panorama Way
General
- Price: $950,000
- HOA FEE: $571/month
- HOA FEE FREQ.: Annually
- Taxes: $2,836
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21224048
- Updated: 3/31/2026
- Added to Site: 2 day(s) ago
Additional Information
- Shared Pool: Yes
- Pool: Yes
- Pool Description: Community
- Tennis: Yes
- Security/Safety: Gated with Guard
Location
- County: Palo Pinto
- Subdivision: Ranch
- Driving Directions: GPS accurate
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): 1.887
- Lot Size (Sq. Ft.): 82,197.72
- Lot Size Source: Public Records
- Frontage: All Weather Road
- Lot Features: Acreage, Interior Lot, Many Trees, Subdivision, Waterfront
- Development Status: Site Plan Approved, Streets Installed, Zoned
- Potential Use: Residential
- Trees/Vegetation: Partially Wooded
- Zoning: Residential
- Fencing (Description): None
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Lake Front, Waterfront
- Lake Front: Yes
- Boat Dock Slip: Yes
Financial Considerations
- Association Fee: $6,850
- Assoc Fee Freq.: Annually
- Tax Amount: $2,836
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: ACRES: 1.887 THE RANCH BLK E LOT E-2 (DEEDED
- Property ID: 24321
- Block: E
- Lot Number: E-2
Listed by Monument Realty, Perla Roque
Get Pre-Approved Today
Schools
Schools serving 1131 Panorama Way
School District:Graford Independent School District
| Name | Grades | Distance |
|---|---|---|
Graford High School 400 West Division Street, Graford, TX 76449 | PK-12 | 11.9 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 1131 Panorama Way
Date
Details
Price
Change
Source
3/31/2026
Listed
$950,000
—
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 1131 Panorama Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,188
-1%
$205,500
-6%
2023
$3,215
-4%
$217,830
—
2022
$3,357
2%
$217,830
15%
2021
$3,293
23%
$189,060
31%
2020
$2,671
-41%
$143,850
-40%
2019
$4,491
-1%
$239,920
—
2018
$4,543
2%
$239,920
—
2017
$4,473
8%
$239,920
6%
2016
$4,152
—
$226,040
—
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 1131 Panorama Way
1131 Panorama Way, Graford, TX 76449 (MLS# 21224048) is a Lots/Land property with a lot size of 1.887 acres. 1131 Panorama Way is currently listed for $950,000 and was received on March 31, 2026. Want to learn more about 1131 Panorama Way? 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.

