Date
Details
Price
Change
Source
1/28/2026
Listed
$250,000
—
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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1/11
$250,000
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1/11
Property Description
Lot 42 at Clearwater Point offers a beautiful 0.707-acre homesite with expansive, unobstructed views of Possum Kingdom Lake. Nestled in the foothills of the Palo Pinto Mountains, this property is located within one of PK's newest gated luxury communities, blending natural beauty with modern lake living. There is no time limit to build, and owners may choose their own builder, offering the freedom to design a home that fits your lifestyle. Planned community amenities include a clubhouse with resort-style pool, skydeck, putting green, pickleball court, lakefront park, community boat docks and launch, underground utilities, and miles of private paved roads behind a secure gated entrance. Whether you're seeking a weekend getaway or a full-time residence, Lot 42 provides stunning lake views, privacy, and access to premier amenities at Possum Kingdom Lake.
Full Property Details
Full Property Details for Lot 42 Water Lilly Ln
General
- Price: $250,000
- HOA FEE: $125/month
- HOA FEE FREQ.: Annually
- Taxes: $2,125
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21165304
- Updated: 1/29/2026
- Added to Site: 21 day(s) ago
Location
- County: Palo Pinto
- Subdivision: Clearwater Point
- Driving Directions: From Graham go South on FM 1287, turn left on FM 1148, this will lead you to the community.
School Information
- Elem School District: Graford ISD
- Midd School District: Graford ISD
- High School District: Graford ISD
- Elementary School: Palo Pinto
- Middle School: Palo Pinto
- High School: Palo Pinto
Community
- Association: Yes
- Assoc. Name: Empire Services Group
- Assoc. Fees Include: All Facilities
Utilities
- Utility Description: Electricity Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Single Family, Subdevelopment
Lot Features
- Property View: Water
- Lot Size (Acres): 0.707
- Lot Size (Sq. Ft.): 30,796.92
- Lot Features: Cleared, Interior Lot, Subdivision
- Development Status: Site Plan Approved
- Zoning: Residential
Water Features
- Water View: Yes
- Boat Dock Slip: Yes
Financial Considerations
- Association Fee: $1,500
- Assoc Fee Freq.: Annually
- Tax Amount: $2,125
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: ACRES: 0.707 LOT: 00042 CLEARWATER POINT LOT
- Property ID: 569169
Listed by Possum Kingdom Real Estate, Merit Holstein
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— Lot 42 Water Lilly Ln —
Merit Holstein
Possum Kingdom Real Estate
(940) 779-1111
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for Lot 42 Water Lilly Ln
Estimate the Cost
Estimate the Cost for Lot 42 Water Lilly Ln
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Lot 42 Water Lilly Lane, Possum Kingdom Lake, TX 76450 (MLS# 21165304) is a Lots/Land property with a lot size of 0.707 acres. Lot 42 Water Lilly Lane is currently listed for $250,000 and was received on January 28, 2026. Want to learn more about Lot 42 Water Lilly Lane? Do you have questions about finding other Lots/Land 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.