297 & 299 Rock Creek Road, Graford, Texas, 76449

Listed by Cates & Company, Diane Wallace, (817) 360-3116
$1,250,000
1,680 Sqft
1.65 Acres
6 bd
4 ba
#21373407
RARE POSSUM KINGDOM LAKE WATERFRONT OPPORTUNITY! Situated on approximately 1.683 acres with an exceptional amount of shoreline, this unique property offers TWO beautiful 2024 double-wide homes and endless possibilities for a family compound, multi-generational retreat, investment property, or private lake getaway. Both homes feature 3 bedrooms, 2 baths and spacious front porches overlooking the water, with magnificent mature live oak trees providing the perfect setting for relaxing lake days. The larger home offers approximately 1,680 sq ft and is currently owner occupied. The second home offers approximately 1,568 sq ft and is currently operating as a short-term rental, providing an established income-producing opportunity. Furnishings may be available for purchase separately. The pie-shaped property opens to an impressive stretch of waterfront, with a level yard leading directly to the beach and water, ideal for swimming, kayaking, paddleboarding, fishing and enjoying everything PK Lake has to offer. A catwalk and pier extend into the lake for even more waterfront enjoyment. Purchase the entire property for $1,250,000 and create your own private PK family compound with room to explore additional improvements such as another residence, guest accommodations, or a shop for boats, lake toys and recreational equipment, subject to applicable restrictions and approvals. SELLER MAY ALSO CONSIDER SELLING THE HOMES SEPARATELY, with each residence situated on approximately .8 acre, subject to survey, property division, and the installation and separation of utilities and driveway access as necessary. Whether you’re searching for a full-time waterfront home, family lake retreat, STR opportunity, or a property where generations can gather together, this is a rare opportunity to own a substantial piece of Possum Kingdom Lake shoreline.

PROPERTY FEATURES

  • Utilities : Co-op Water,Electricity Connected,Gravel/Rock,Private Sewer
  • Easements : Electric,Utilities
  • Parking Features: Driveway
  • Lot Features : Acreage,Cleared,Few Trees,Water/Lake View,Waterfront
  • Lot Features : Metal
  • Waterfront Property
  • Waterfront Features : Lake Front
  • Structural Style : Lake House,Mobile Doublewide w/Land
  • Cooling: Central Air
  • Heating : Central
  • Interior Features: Decorative Lighting,Kitchen Island,Open Floorplan,Walk-In Closet(s)
  • Appliances : Dishwasher,Electric Cooktop,Electric Oven,Refrigerator
  • LaundryFeatures : Utility Room,Dryer Hookup,Washer Hookup
  • Levels : One
  • Green Verification Count : 0
PROPERTY DETAILS
ID: 21373407
Status: Active
Price: $1,250,000
Acres: 1.65 Acres
Price Per Acre: $756,201
Type: Single Family / Detached
Address: 297 & 299 Rock Creek Road
City, State: Graford, Texas
County: Palo Pinto
Zip Code: 76449
Lat/Long: 32.953777, -98.413262
Presented By: Diane Wallace
Phone: (817) 360-3116
Email: Click to Contact