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Lot 52 Water LilyGraham, TX 76450

Clearwater Point · Palo Pinto County

$139,000List price
0.74Acre lot
10 weeks agoOn market

Description

Beautiful 0.744-acre (32,409 sq. ft.) vacant lot near Possum Kingdom Lake—ideal for your dream home or weekend getaway. Located in Clearwater Point, this peaceful Texas property offers access to community amenities including a boat ramp, boat storage, community center, and swimming pool. Enjoy boating, fishing, swimming, and lake living while building within an established residential community. The lot is subject to recorded CC&Rs and Architectural Control Committee approval. Key restrictions and requirements include single-family residential use, with one primary residence and up to one guest house permitted. Minimum conditioned living area generally ranges from 1,250–1,500 sq. ft., depending on the lot. Setbacks, utility and pipeline easements, driveway, exterior material, roofing, fencing, and improvement-placement requirements apply. Lots may not be subdivided. Temporary RV use and camping are allowed under the CC&Rs, generally limited to seven consecutive days. Restrictions also apply to long-term storage or parking of boats, trailers, RVs, commercial vehicles, and inoperable vehicles. Household pets are allowed, while livestock and certain animal uses are restricted. Oil and gas operations are prohibited. Utility easements apply, and septic systems must meet state and county requirements. The property is subject to a property owners’ association, with possible annual, special, or individual assessments. No home currently exists on the property. Any home shown in photos is an AI-generated concept for visualization only. Buyers should independently verify boundaries, utilities, building requirements, access, amenities, and all recorded restrictions before purchase.

Property Information

Property type
Land
Sub-type
Unimproved Land
Lot size
0.74 acres
Days on market
72
MLS® Listing#
21358206

Property Features

Exterior
Other
Lot features
Subdivided
Community
Pool
Utilities
Electricity Available

Schools

Elementary
Graford
Middle
Graford
High
Graford
District
Graford ISD

Financial Details

HOA
$1,500 / AnnuallyAssociation: Empire Services Group
Annual taxes
$2,236
Parcel number
569179

Directions

Coordinates: 32.90642° N, 98.47291° W. From Graham, go south on FM 1287, turn left onto FM 1148. Continue on FM 1148 until you enter the community gate of Clearwater Point.

Dallas MLS - N.T.R.E.I.S. logo

Listing Courtesy: My Castle Realty - 713-683-0054

Presented by: Michael Greiner

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

Last Updated: 2026-08-13