Price Reduction - Waterfront
Address
1141 Airport Road, Possum Kingdom Lake, TX
Price
$ 500,000
Property Attributes
- MLS#21249778
- TypeSingle Family
- Listing Status Active
- CountyPALO PINTO
- CityPossum Kingdom Lake
- NeighborhoodNorth End
- Zip76449
- StyleSingle Family Residence
- Taxes$ 5170
- Price$ 500,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1980
- Lot Size0.716 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
This Possum Kingdom Lake property offers a unique combination of a private beach and direct access to an expansive Brazos River Authority greenbelt, creating a wide-open feel with massive lake views that extends far beyond the lot itself—without the added property tax burden. Owned by the same family for decades, this is a choice lakefront location. The existing cabin provides a simple, usable footprint for immediate enjoyment, while the garage and guest suite offer well-maintained space for guests, storage, or weekend flexibility. For families new to PK this is where lake life really works… room to run, play, and gather, with easy access to the water and space to grow. Over time, the setting easily supports a future custom build that takes full advantage of the beach, views, and surrounding open space. Short-term rental potential adds another layer of versatility, making it possible to enjoy the property while generating income. Recent resurvey increased area of lakefront based on 1000 elevation.
| Elementary School |
|---|
| Graford Elementary School |
| Price History | |
|---|---|
| 4/26/2026 | Listed $550,000 |
| 5/29/2026 | 2$540,000 |
| 6/23/2026 | 2$530,000 |
| 7/29/2026 | 2$520,000 |
| 8/31/2026 | 4$500,000 |
General Features
| Heating | Zoned |
|---|---|
| Cooling | Multi Units,Zoned |
| Utilities | Asphalt,City Water,Co-op Electric,Septic |
| Possession | 30-60 Days,Closing/Funding |
| Roof | Metal |
| Appliances | Electric Cooktop,Electric Oven,Electric Water Heater |
| Easements | Utilities |
| Assoc Fees | 382 |
| Number of Garage Spaces | 1 |
| Restrictions | Deed |
| School District | Graford ISD |
| HOA Fee Includes | Trash |
| Year Built | 9999 |
| Community Features | Airport/Runway,Boat Ramp,Fishing,Hangar,Jogging Path/Bike Path,Lake,Marina,Playground,Restaurant,RV Parking |
| Levels | One |
| Unexempt Taxes | 5170 |
| Will Subdivide | No |
| Property Subtype | Single Family Residence |
| Subdivision Name | North End |
| Accessibility Features | Accessible Approach with Ramp |
| Transaction Type | For Sale |
| Carport Spaces | 2 |
| County | Palo Pinto |
| Property Type | Residential |
| Construction Materials | Metal Siding,Wood |
| Association Fee Frequency | Annually |
| Accessory Unit Type | Guest Quarters |
| Accessory Unit Y/N | Yes |
| HOA Type | Mandatory |
| Special Notes | Deed Restrictions |
| Full Baths | 2 |
| Status | Active |
| Directions | Starting from the Possum Kingdom Welcome Center take a left on Park Rd 36. Once you arrive at the four way stop take a left onto FM-2353. Take a left on Airport Rd you will stay left until you get t |
| City | Possum Kingdom Lake |
| Elementary School Name | Graford |
| High School | Graford |
| Elementary School | Graford |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21249778 |
| Standard Status | Active |
| Listing Terms | Cash,Conventional |
Interior Features
| Interior Features | Other |
|---|---|
| Flooring | Linoleum |
| Dining Areas | 2 |
| Living Areas | 2 |
| Room Count | 10 |
| Lock Box Type | Combo |
| Total Bedrooms | 3 |
| Total Baths | 2 |
| Window Features | Window Coverings |
| Laundry Features | Electric Dryer Hookup,Full Size W/D Area |
Exterior Features
| Waterfront | Yes |
|---|---|
| Exterior Features | Awning(s),Covered Deck,Covered Patio/Porch,Fire Pit |
| Lot Features | Greenbelt,Lrg. Backyard Grass,Water/Lake View,Waterfront |
| Vegetation | Grassed,Partially Wooded |
| Fencing | Pipe |
| Soil Type | Unknown |
| Garage Length | 48 |
| Garage Width | 18 |
| Other Structures | Garage(s),Guest House,See Remarks |
| Lot Size Source | Public Records |
| Parking Features | Additional Parking,Attached Carport,Driveway |
| WaterFront Features | Lake Front,Lake Front – Main Body |
| Lot Size | .5 to < 1 Acre |
| Covered Spaces | 3 |
| Foundation | Combination |
| Lot Size Area | 0.7160 |
| Lot Size Units | Acres |
| Structural Style | Lake House,Resort Property |
| Garage Y/N | Yes |
| Lot Size Square Feet | 31188.9600 |
| Lot Size Acres | 0.7160 |
| Patio And Porch Features | Awning(s),Deck |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 76449
Price
Taxes
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