Graford, TX 76449 (Palo Pinto County)
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.
Property details
Location
About the Area
4140 State Highway 16 is located in Graford, Texas, in Palo Pinto County. Palo Pinto County sits on the western edge of the Dallas-Fort Worth metroplex's rural fringe, anchored by Mineral Wells, a historic resort city that built its reputation on mineral spring waters in the early 20th century. Possum Kingdom Lake draws boaters and lakefront property buyers from the DFW market.
Possum Kingdom Lake on the Brazos River is the county's dominant geographic feature, a deep-blue reservoir surrounded by limestone bluffs and cedar-covered hills that evoke the Hill Country far to the south. The Palo Pinto Mountains, modest by most standards but dramatic in the context of North Texas, give the county its distinctive character.
Graford had an estimated population of 632 as of 2023. The 76449 zip code has a median household income of $70,819, a median home value of $268,000, and a median age of 57. The average household size is 2.13 people.
Lake tourism, retirement and vacation homes on Possum Kingdom Lake, ranching, and DFW commuter growth define the Palo Pinto County economy. The county attracts buyers seeking lakefront properties and ranch land within two hours of the DFW metroplex.
Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).
Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Jacob Realty.