LOT 42 Water Lilly Lane
Possum Kingdom Lake, Texas 76450
0.71Acre(Lot)
Lot 42 at Clearwater Point offers a beautiful 0.707-acre homesite with expansive, unobstructed views of Possum Kingdom Lake. Nestled in the foothills of the Palo Pinto Mountains, this property is located within one of PK’s newest gated luxury communities, blending natural beauty with modern lake living. There is no time limit to build, and owners may choose their own builder, offering the freedom to design a home that fits your lifestyle. Planned community amenities include a clubhouse with resort-style pool, skydeck, putting green, pickleball court, lakefront park, community boat docks and launch, underground utilities, and miles of private paved roads behind a secure gated entrance. Whether you’re seeking a weekend getaway or a full-time residence, Lot 42 provides stunning lake views, pr
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Utilities
Co-op Electric,Community Mailbox
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Lot Information
Lot Size (Acr): 0.7070 Lot Size Units: Acres Lot Size Square Feet: 30,797 Lot Features: Cleared,Interior Lot,Subdivision,Water/Lake View -
Property Information
Property Type: Land Property Sub Type: Unimproved Land Subdivision: Clearwater Point City: Possum Kingdom Lake State: Texas Directions: From Graham go South on FM 1287, turn left on FM 1148, this will lead you to the community. Property Status: Active
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Listing Price Information
Original List Price: $250,000 -
Listing Information
Possession: Closing/Funding
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Tax Information
Parcel Number: 569169 Tax Legal Description: ACRES: 0.707 LOT: 00042 CLEARWATER POINT LOT Unexempt Taxes: $2,125
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Homeowners Association Information
Included Fees: Full Use of Facilities HOA Type: Mandatory HOA: $1,500.00 HOA Frequency: Annually
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School Information
Elementary School: Palo Pinto Middle School: Palo Pinto High School: Palo Pinto School District: Graford ISD -
Utility Information
Utilities: Co-op Electric,Community Mailbox
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1063 Clearwater Point, Possum Kingdom Lake, TX, 76450 | $199,000 | -- | -- | -- | 1.32 Acres(Lot) |
| 5291 Lakeshore Drive, Possum Kingdom Lake, TX, 76450 | $245,000 | -- | -- | -- | 2.24 Acres(Lot) |
| 8983 County Road 299, Possum Kingdom Lake, TX, 76450 | $200,000 | -- | -- | -- | 0.28 Acre(Lot) |
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ByOwner last updated this listing 06/26/2026 @ 10:14
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