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Palo Pinto 76475
0000 HWY 16 Highway
$400,000
● Land - Off Market

0000 HWY 16 Highway

Graford, TX 76449
bedrooms
Studio
bathrooms
0 Bath
$2,252
Est. Monthly

About This Property

Discover a rare 26.972-acre unrestricted property offering exceptional versatility and prime accessibility just minutes from Possum Kingdom Lake. With direct road access from Highway 16, Rock Creek Loop, and Hoot Ave, this tract provides multiple entry points and excellent visibility for a variety of uses. Whether you're looking to build a private residence, develop commercial facilities, or subdivide into smaller tracts, the opportunities are wide open. Unrestricted status allows you to create exactly what you envision, including barndominiums, lake retreats, RV sites, storage facilities, rental cabins, or a mixed-use layout. Large acreages this close to the lake are increasingly hard to find, making this an attractive option for both investors and end-users. Utilities are readily available, with water service through Possum Kingdom Water Supply and electricity through United Co-op, giving you a strong head start on development. The land offers ample space for building sites, livestock, or long-term investment potential. Whether you're seeking a personal homestead with room to grow or exploring a commercial venture in a high-demand lake area, this property delivers the freedom, size, and location that set it apart.
Unit Size
-
Days on Market
-
Land Size
26.97 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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Last updated: 5 months ago (NTREIS #21112248)

Price History

Date / Event Date Event Price
May 26, 2026 Sold
Sold
Mar 28, 2026 In contract -
In contract
Jan 9, 2026 Relisted $458,500
Relisted
Dec 1, 2025 In contract -
In contract
Nov 14, 2025 Listed by Possum Kingdom Real Estate $458,500
Listed by Possum Kingdom Real Estate
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Property Highlights

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Palo Pinto


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Frequently Asked Questions

When was property at 0 Texas 16 built and last sold?
The property at 0 Texas 16 was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 0 Texas 16 is $0.
What are some comparable homes to 0 Texas 16?
There are currently no comparable homes to 0 Texas 16.