Land with Home for Sale in Graford, Texas

A rare opportunity to own one of Possum Kingdom Lake's most exceptional waterfront properties. Situated on 1.563 acres in the highly desirable Gaines Bend area, this once-in-a-generation offering boasts approximately 347 feet of shoreline, with nearly one-third of the property bordering the water. Tucked along the peaceful southern side of the lake and surrounded by large ranch holdings and longtime Gaines Bend ownership, this property offers a level of privacy and serenity that is increasingly difficult to find. The protected slough-style waterfront keeps you away from busy holiday boat traffic while still providing excellent water access. Just beyond the covered dock with slide, water depths reach approximately 17 feet, making it ideal for boating, swimming, and year-round lake enjoyment. The beautifully maintained grounds feature mature shade trees, manicured lawn space, and multiple areas designed for relaxing and entertaining by the water. The charming lake cabin offers 3 bedrooms and 2 bathrooms, creating the perfect retreat for family and guests. A separate lakeside bathhouse adds incredible functionality with an outdoor shower, indoor restroom, and bunk room for additional sleeping accommodations. Conveniently located with easy access from Highway 16, this property combines privacy, deep water, expansive shoreline, and timeless Possum Kingdom charm. Whether you're seeking a family lake retreat, legacy property, or investment in one of Texas' most iconic lake destinations, this waterfront oasis is truly one of a kind.