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$2,925,000 Just Listed
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Property Description
Private 195.5-acre retreat near Possum Kingdom Lake with a 3 bed, 2 bath home, a 2,400 SF barn, and a water supply most land in Palo Pinto County lacks. Four 700 ft wells produce 170 GPM combined (roughly 244,800 gallons per day of capacity) and deliver water to four separate areas of the property. Two stock tanks support livestock and recreation. The supply is drought-resilient, with capacity for recreational lakes or intensive irrigation. The 1,120 SF home includes a 560 SF patio, and the barn is open on both sides with two shipping containers for storage. Rolling topography creates elevated build sites with long, unobstructed views, suited to a weekend place, estate-lot subdivision, or small-business use. Deer, turkey, and hogs on site, plus a one-acre enclosed food plot and deer blinds. 1,410 ft of FM 52 frontage with convenient utility access. About 6 minutes to Graford's services and schools, 20 to the lake, and 72 to Fort Worth. Ag exemption in place.
Full Property Details
Full Property Details for 538 FM 52
General
- Price: $2,925,000
- Status: Active
- Type: Farm
- Source: NTREIS
- MLS ID: 21410621
- Updated: 10/13/2026
- Added to Site: Today
Interior
- Interior Features: Granite Counters, Kitchen Island, Pantry
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Awning(s), Deck, Storage
- Porch/Patio/Deck: Covered, Deck
Parking
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 1
- Parking Features: Converted Garage, Covered, Carport, On Site
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: Aerobic Septic, Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Available, Septic Available, Water Available
Structural Information
- Architectural Style: Farmhouse
- Structure Type: House
- Detached/Attached: Attached
- Stories/Levels: 1
- Living Area: 1,120 Sq. Ft.
- Current Bldg. Use: Agricultural, Cattle, Grazing, Hunting, Livestock, Pasture, Ranch, Recreational, Unimproved
- Year Built: 2021
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
- Potential Use: Agricultural, Cattle, Grazing, Horses, Hunting, Livestock, Pasture, Ranch, Residential, Recreational, Single Family, Timber, Unimproved, Vacant
- Trees/Vegetation: Cleared, Grassed, Wooded, Brush
- Fencing (Description): Barbed Wire, Chain Link
Horse Property
- Horse Facility Desc.: Barn, Hay Storage, Tack Room
Financial Considerations
- For Sale/Rent/Lease: For Sale
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
10/13/2026
Listed
$2,925,000
—
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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Estimate the Cost for 538 FM 52
Want to learn more about 538 Fm 52? Do you have questions about finding other Farm real estate for sale in Graford? You can browse all Graford real estate or contact a Coldwell Banker agent to request more information.

