Lot 52 Water LilyGraham, TX 76450
Clearwater Point · Palo Pinto County
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.
Listing Courtesy: My Castle Realty - 713-683-0054
Presented by: Michael Greiner
Last Updated: 2026-08-13










