
Residential Land for Sale in Graham, Texas
Water Lilly Ln, Graham, TX 76450
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.
Location
- Street address
- Water Lilly Ln, Lot 42
- County
- Palo Pinto County
- Community
- Clearwater Point
- Elevation
- 1,100 feet
Directions
From Graham go South on FM 1287, turn left on FM 1148, this will lead you to the community.
Property details
- Lot size
- 0.707 acres30,797 sq ft
- MLS #
- NTREIS 21165304
- Posted
Expenses
- Home Owner Assessments Fee
- $1,500 annually
Parcels
- 569169
Legal description
ACRES: 0.707 LOT: 00042 CLEARWATER POINT LOT
Resources
Details and features
Listing
- Type
- Land
- Subtype
- Unimproved Land
Lot
- View
- Lake, Water
Nearby schools
| Name | Type |
|---|---|
| Palo Pinto | Elementary |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 29, 2026 | New listing | $250,000 | — | NTREIS |










