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$2,925,000 -$72,000 (-2.4%) Price Reduced
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Property Description
Located near Graford in Palo Pinto County, this tract pairs genuine water resources with strong recreational and development appeal. Four (4) wells producing 244,800 gallons per day supply ample water for recreation, residential, or commercial use. Rolling topography delivers elevated, unobstructed views and terrain well suited for estate-lot subdivision or a range of personal and small business uses. Recreation includes deer, turkey, and hogs on site, plus a one (1) acre enclosed food plot. Direct frontage on Highway 52 and quick access to the area's major thoroughfares keep utilities and services within easy reach while the land itself stays open and private. Water-Secured - Four on-site production wells - reliable feature most area acreage lacks. Four (4) wells, 700 ft deep, 244,800 gallons per day (170 GPM) combined output Elevated Views - Rolling topography creates high points with long, unobstructed views across multiple potential build sites. FM 52 Frontage - Direct frontage on FM 52 offers flexible access, convenient utility connections, and an easy link to the area's major thoroughfares. Town-Adjacent & Lake-Proximate - Close to Graford and Possum Kingdom Lake, keeping services, schools, and infrastructure within reach while the land stays open and private. Versatile Use - The size, terrain, and access support estate-lot subdivision or a range of personal and small-business uses. House: Three (3) bed, Two (2) bath, 1,120 SF, with a 560 SF Patio Barn: 2,400 SF barn (open on both sides) with two (2) shipping containers for storage High-yield multi-well water asset: Four high-yield wells producing 244,800 gallons per day. Rare land and water combination in Palo Pinto County. Two stock tanks supporting livestock operations and recreational use. Provides drought-resilient water supply. Efficiently delivers water to four separate areas of the property. Capacity to support recreational lakes and intensive irrigation systems. Water! Water! Water!
Full Property Details
Full Property Details for 538 FM 52
General
- Price: $2,925,000
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21340461
- Updated: 7/28/2026
- Added to Site: 10 day(s) ago
Exterior
- Exterior Features: Deck, Storage
- Porch/Patio/Deck: Covered, Deck
Location
- County: Palo Pinto
- Subdivision: Abstract 177, Tract 14-1A, M. Forrest Survey)
- Driving Directions: Head West on Hwy 254 towards Graford. Turn right onto FM 52 and travel North. Property will be on the right.
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
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Available, Septic Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural, Cattle, Grazing, Hunting, Livestock, Pasture, Ranch, Recreational, Unimproved
Additional Structures
- Other Structures: Barn(s), Stable(s)
Lot Features
- Lot Size (Acres): 195.5
- Lot Size (Sq. Ft.): 8,515,980
- Frontage: Farm to Market Road, Private Road
- Lot Features: Acreage, Agricultural, Cleared, Pasture, Pond on Lot, Rolling Slope, Many Trees
- Development Status: Zoned
- Trees/Vegetation: Brush
- Zoning: Agricultural
Disclosures and Reports
- Property ID: 1610
Listed by Donna Kemp-Long, Donna Kemp-Long
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Schools
Schools serving 538 FM 52
School District:Graford Independent School District
| Name | Grades | Distance |
|---|---|---|
Graford High School 400 West Division Street, Graford, TX 76449 | PK-12 | 5.5 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 538 FM 52
Date
Details
Price
Change
Source
7/28/2026
Price Reduced
$2,925,000
-2.4%
MLS
7/24/2026
Listed
$2,997,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 538 FM 52
538 Fm 52, Graford, TX 76649 (MLS# 21340461) is a Lots/Land property with a lot size of 195.5 acres. 538 Fm 52 is currently listed for $2,925,000 and was received on July 24, 2026. Want to learn more about 538 Fm 52? 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.

