Date
Details
Price
Change
Source
3/13/2026
Listed
$1,799,000
—
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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$1,799,000 Just Listed
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Property Description
PRIME PK LAKE ESTATE, BUILD LOT with 2.6 ACRES, & ENDLESS POSSIBILITIES with 1000' of SHORELINE, INSULATED 2592 SqFt BARNDO SHOP, DOUBLE LEVEL, 1840 SqFt NEW DOCK, with 2 Boat Slips, 2 Jets Ski EZ Ports, Storage Closet with fresh water Ice Maker, and Lifted Cradle Storage for Water Toys, & 2nd Level has Panoramic Lake Views, plus there is a Concrete Retaining Wall at the shoreline, and Multiple Big View Build Sites for the Main Lake House and BIG extra Acreage for Guest Cabins, Pool, Sports Courts or whatever your PK Dream Family Compound requires. The Barndo features 2 Large Glass Garage Doors, for great Light and Bright Entertaining Space, as well as Boat Storage Space and has a Large Covered Lighted Canopy in Front, and an RV Size Carport on the end with access to Power and Septic, along with 4 RV Parking Sites with Pole Connections and Clean Outs. BE SURE to Check out the Lot Survey in the Photos to see how much Waterfront there is to Build on, with Amazing Elevated Lake Views, as well as pics of the Mature Oak and Cedar Trees throughout the different areas of the property. This is a RARE GEM of a Lake Property that Must Be Seen to be appreciated. Overnight Rentals are allowed. There are 2 great Westside Restaurants nearby by Boat or Car. Fox Hollow and Possum Hollow, and the small Charming Town of Graham is only a 20min drive away for Amenities, Markets and Dining, plus local mercantile shops are only 10mis away. Then the Famous Hell's Gate is a Gorgeous Boat cruise around to the other side of the Lake to watch the Spectacular Sunsets of PK, and then you can stop and dine on the way back at everyone's Favorite Lake Restaurant on the Peninsula, Hemingway's.
Full Property Details
Full Property Details for 5505 Lake Shore Dr
General
- Price: $1,799,000
- HOA FEE: $83/month
- HOA FEE FREQ.: Annually
- Taxes: $20,179
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21207088
- Updated: 3/13/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Cathedral Ceiling(s), Open Floorplan
- Appliances: Ice Maker
- Flooring: Concrete
Additional Information
- Security/Safety: Gated Community
Exterior
- Exterior Features: Boat Slip, Dock
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Garage Spaces: 4
- Carports: Yes
- Carport Spaces: 4
- Covered Spaces: 8
- Parking Features: Additional Parking, Covered, Driveway, Electric Gate, Lighted, Oversized, RV Carport, Garage Faces Side, RV Access/Parking
Location
- County: Palo Pinto
- Subdivision: Westside
- Driving Directions: Take FM 1148 for 8.4 miles to Lakeshore Dr. Go thru the Gated Entrance of the Pointe and Lot 13 is the first Lot on the Left. See C21 Sign.
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: The Pointe at PK
- Assoc. Fees Include: Association Management, Maintenance Grounds, Trash
Utilities
- Sewer: Septic Tank
- Water: Community/Coop, Water Tap Paid
- Utility Description: Electricity Connected, Septic Available, Separate Meters, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Barndominium
- Structure Type: House
- Detached/Attached: Detached
- Construction: Metal Siding
- Roof: Metal
- Stories/Levels: 1
- Living Area: 2,592 Sq. Ft.
- Year Built: 2024
Additional Structures
- Other Structures: RV/Boat Storage
Lot Features
- Property View: Park/Greenbelt, Water
- Lot Size (Acres): 2.688
- Lot Size (Sq. Ft.): 117,089.28
- Lot Size Source: Assessor
- Frontage: All Weather Road
- Lot Features: Acreage, Back Yard, Cleared, Hardwood Trees, Lawn, Many Trees, Sloped, Wooded, Waterfront, Retaining Wall
- Fencing (Description): Metal, Wood
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Possum Kingdom
- Water Front Desc.: Boat Dock/Slip, Boat Ramp/Lift Access, Lake Front, Waterfront
- Lake Front: Yes
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $1,000
- Assoc Fee Freq.: Annually
- Tax Amount: $20,179
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Documents Avail.: Aerial, Survey
- Legal Description: ACRES: 2.688 THE POINTE AT POSSUM KINGDOM LOT 13-R
- Exclusions: Personal Belongings and all in Shop and Dock.
- Property ID: 566809
- Lot Number: 13-R
Listed by Century 21 Mike Bowman, Inc., Maggie Burgess and Century 21 Mike Bowman, Inc., Matthew Renfro
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 5505 Lake Shore Dr —
Maggie Burgess
Century 21 Mike Bowman, Inc.
Matthew Renfro
Century 21 Mike Bowman, Inc.
817-354-7653
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 5505 Lake Shore Dr
School District:Graford Independent School District
| Name | Grades | Distance |
|---|---|---|
Graford High School 400 West Division Street, Graford, TX 76449 | PK-12 | 14.1 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 5505 Lake Shore Dr
Tax History
Tax History for 5505 Lake Shore Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,623
34%
$1,462,150
32%
2023
$10,161
—
$1,111,700
61%
2023
$10,161
-4%
$688,520
—
2022
$10,611
—
$688,520
—
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 5505 Lake Shore Dr
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5505 Lakeshore Drive, Possum Kingdom Lake, TX 76450 (MLS# 21207088) is a Single Family property with 0 bedrooms and 0 full bathrooms. 5505 Lakeshore Drive is currently listed for $1,799,000 and was received on March 13, 2026. Want to learn more about 5505 Lakeshore Drive? Do you have questions about finding other Single Family real estate for sale in Possum Kingdom Lake? You can browse all Possum Kingdom Lake real estate or contact a Coldwell Banker agent to request more information.