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Palo Pinto 76449
4140 N State Highway 16
$5,780,351
● Land - For Sale

4140 N State Highway 16

Graford, TX 76449
bedrooms
Studio
bathrooms
0 Bath
$28,383
Est. Monthly

About This Property

731 Acre North Texas Ranch Near Possum Kingdom Lake    Discover an exceptional opportunity to own 731 acres of premier North Texas ranchland, ideally located just minutes south of Possum Kingdom Lake along State Highway 16. Offering an impressive combination of size, accessibility, privacy, recreation, and investment potential, this property is well suited for a working cattle operation, recreational ranch, private estate, or legacy property.    With approximately 6,150 feet of State Highway 16 frontage, the ranch provides outstanding access while maintaining the privacy and seclusion expected from a property of this size. The land showcases beautiful rolling topography, with elevated ridges, scenic valleys, open grazing areas, scattered hardwoods, and native brush. Expansive long-range views can be enjoyed from multiple locations throughout the ranch, offering several attractive potential homesites for a ranch headquarters, custom residence, or weekend retreat.    Currently utilized for cattle grazing, the property features strong perimeter fencing and two ponds that provide water for livestock and native wildlife. The ranch is currently under an agricultural exemption, offering an important benefit for continued agricultural use.    The diverse terrain and natural cover also create excellent habitat for whitetail deer, turkey, dove, hogs, and other native wildlife, providing outstanding hunting and recreational opportunities. Whether horseback riding, hunting, ranching, exploring the property, or simply enjoying the peaceful surroundings, this ranch offers tremendous versatility.    A major highlight is its proximity to Possum Kingdom Lake, placing boating, fishing, water recreation, and lake-area amenities just a short drive away while allowing owners to return to the privacy and wide-open space of their own ranch.    Whether your vision includes a working cattle ranch, hunting and recreational retreat, private family compound, legacy ranch, or long-term land investment, this remarkable 731 acre property offers the acreage, terrain, highway frontage, location, and versatility that are increasingly difficult to find near Possum Kingdom Lake.    Buyer to independently verify acreage, property boundaries, agricultural exemption status, restrictions, utilities, water availability, and all information pertaining to the property.
Unit Size
-
Days on Market
-
Land Size
731.63 acres
Price per sqft
-
Property Type
Land
Property Taxes
$0
HOA Dues
-
Year Built
-

Listed By

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Last updated: 2 months ago (LERA #2012131)

Price History

Date / Event Date Event Price
Aug 27, 2026 Listed by Jacob Realty $5,780,351
Listed by Jacob Realty
Mar 4, 2026 Listed by Jacob Realty $5,780,351
Listed by Jacob Realty
731± Acre North Texas Ranch Near Possum Kingdom Lake Exceptional opportunity to own 731± acres of premier North Texas ranchland, ideally located just minutes south of Possum Kingdom Lake along State Highway 16. Offering approximately 6,150 feet of highway frontage, the property provides outstanding access while maintaining the privacy and seclusion of a large ranch. The land features beautiful rolling topography, elevated ridges, scenic valleys, open grazing areas, scattered hardwoods, and native brush. Expansive long-range views and multiple potential homesites make this an ideal setting for a ranch headquarters, custom residence, or weekend retreat. Currently utilized for cattle grazing, the ranch features strong perimeter fencing and two ponds providing water for livestock and wildlife. The property is currently under an agricultural exemption. .

Property Highlights

Exterior Details
Lot Size Area: 31869802.8
Lot Size Units: Square Feet
Lot Size Acres: 731.63
Lot Size Square Feet: 31869802.8
Financial Details
Tax Annual Amount: $1

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 4140 Texas 16 built and last sold?
The property at 4140 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 4140 Texas 16 is $5,838,155.
What are some comparable homes to 4140 Texas 16?
There are currently no comparable homes to 4140 Texas 16.