See Home Value
Palo Pinto 76449
1131 Panorama Way
$950,000
● Land - Off Market

1131 Panorama Way

Graford, TX 76449
bedrooms
Studio
bathrooms
0 Bath
$5,236
Est. Monthly
$571
HOA / Fees

About This Property

Build your dream lakefront retreat on one of the most breathtaking homesites at Possum Kingdom Lake. This 1.88-acre waterfront lot in the prestigious community of The Ranch offers expansive, unobstructed lake views and a beautiful canopy of mature live oaks and native trees that provide both privacy and natural charm. This is a rare opportunity to own a premier cliffside property where the beauty of Possum Kingdom truly comes to life. Whether you envision a luxury lake house, weekend escape, or long-term investment, this homesite delivers the perfect canvas.

Residents of The Ranch enjoy resort-style amenities unlike any other development on the lake. A stunning waterfront complex features a pool, multiple hot tubs, and a clubhouse designed for relaxation and entertaining. Additional amenities include a private boat ramp, courtesy slips, tennis courts, sand volleyball, baseball field, and a fully equipped fitness center. For outdoor and equestrian enthusiasts, the community offers an on-site equestrian center, miles of scenic riding and ATV trails, and over 1,100 acres of shared common area to explore. Unique features such as a lakeside skeet range, a peaceful meditation chapel, and a signature lighted cross atop the mountain create an unmatched lifestyle experience. Rustic elegance, panoramic views, and unmatched amenities, this is lake living at its finest. Opportunities like this are limited. Secure your piece of Possum Kingdom today.
Unit Size
-
Days on Market
-
Land Size
1.89 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$571
Year Built
-

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Last updated: 3 months ago (NTREIS #21224048)

Price History

Date / Event Date Event Price
Aug 1, 2026 No longer available -
No longer available
Mar 31, 2026 Listed by Monument Realty $950,000
Listed by Monument Realty
Jul 24, 2020 Sold
Sold
Mar 9, 2020 No longer available -
No longer available
Feb 22, 2020 Listed by Clark Real Estate Group $229,000
Listed by Clark Real Estate Group
The Ranch on Possum Kingdom Lake is a premier lakefront community with many amenities including; an equestrian center, million dollar swimming pool, boat ramp, community boat dock, and guarded gated entrance. This beautiful lot has many trees that offer privacy and seclusion. Lot has panoramic lake views with 200' of waterfront. The neighboring lot is for sale as well. Purchasing both lots with give a buyer a wonderful waterfront property.
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Property Highlights


Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 82,198
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: THE RANCH
  • Land Acres: 0000001887
  • Standard Land Use Code: 8001
  • County Land Use Code: C1
  • Legal Description 1: THE RANCH BLK E LOT E-2 (DEEDED 1.651 AC & FERC .236 AC) G#R0225-01-000E0-002-00-0

Neighborhood

  • School District Name: Mineral Wells Independent School District
  • School Tax School District: GRI HPD ESD1
  • Census Tract: 000100

Geography

  • Account Number: R000024321
  • Parcel: 200650970
  • Block: E
  • Lot: E-2
  • Municipality: GRAFORD
  • Latitude: 32.8661
  • Longitude: -98.4375

    Address

  • Full Address: 1131 Panorama Way
  • Address - House Number: 1131
  • Address - Street Name: Panorama
  • Address - Suffix Type: Way
  • State: TX
  • City Name: Graford
  • Carrier Code: H051
  • 4-Digit Zip Code: 6094
  • Zip Code: 76449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $321,481
  • Tax Rate Code Area: CAD 182 GR

    Market Valuation

  • Market Total Value: $217,830
  • Market Land Value: $217,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $217,830
  • Assessed Land Value: $217,830

    Sales

  • Current Sale Contract Date: Jul 24, 2020
  • Current Sale Recording Date: Jul 27, 2020
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020-00003978
  • Previous Sale Recording Date: Jul 25, 2006
  • Previous Sale Contract Date: Jul 18, 2006
  • Previous Sale Amount: $267,200
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

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 1131 Panorama Way built and last sold?
The property at 1131 Panorama Way was built in and last sold on Jul 24, 2020 for $225,000.
How much is this home worth?
The estimated value of the home located at 1131 Panorama Way is $959,500.
What are some comparable homes to 1131 Panorama Way?
There are currently no comparable homes to 1131 Panorama Way.