
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active Option Contract
Purchase Type For Sale
Square Footage 2,848 sqft
Subdivision Pk Lake
MLS Listing ID 21037455
Bedrooms 3
Full Baths 1
HOA Y/N None
Year Built 1985
Annual Tax Amount $7,653
Lot Size 0.600 Acres
Acres 0.6
Property Sub-Type Single Family Residence
Property Description
An exceptional opportunity to own a waterfront property with endless potential on Possum Kingdom Lake. This property offers a rare combination of features—sprawling mature Pecan shade trees, beautifully maintained St. Augustine lawns, and a gentle beach-like shoreline on one side balanced by deeper water access on the other.
Before restrictions were in place, the owner thoughtfully dredged the dock area, creating rare deeper-water frontage where a dock can sit. Currently, there is a dock on the property not attached.
At the center, a man-made peninsula extends into the lake, surrounded by a retaining wall with steps down into the water at the very end. Perfect for fishing, swimming, or taking in panoramic views, this feature creates an unmatched lakeside experience as it allows you to walk on land further out towards the center of the lake. There is a possibility that this peninsula can be repaired, subject to BRA approval.
The beautifully built home, built in 1985 and still livable, features tall ceilings but is ready for a remodel. The property also includes a large shop with ample storage and covered parking, ready and waiting for someone to come put some work into it to restore it to its original glory.
For those seeking more, there is an option to purchase the adjoining lot, creating over one acre of prime Possum Kingdom Lake shoreline. There's also opportunity to purchase the property directly behind, for even more potential to expand!
This is an amazing opportunity to acquire a lakefront property with unmatched features and unlimited possibilities— even the ability to expand, perfect for creating your dream retreat.
Location
State TX
County Palo Pinto
Direction GPS
Rooms
Dining Room 1
Interior
Interior Features Cable TV Available, Dry Bar
Fireplaces Number 1
Fireplaces Type Brick
Appliance Refrigerator
Exterior
Carport Spaces 6
Utilities Available City Water, Co-op Electric, Septic
Waterfront Description Lake Front,Lake Front – Main Body
Total Parking Spaces 6
Garage No
Building
Lot Description Level, Many Trees, Water/Lake View, Waterfront
Story One
Level or Stories One
Schools
Elementary Schools Graford
Middle Schools Graford
High Schools Graford
School District Graford Isd
Others
Ownership Leo Harlin Cook Estate
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21037455

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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.