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LOT 42 Water Lilly Lane

Possum Kingdom Lake, Texas 76450
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Acres0.71

Acre(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 ivacy, and access to premier amenities at Possum Kingdom Lake.

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Detail Ic Property Details

Property Type : Land

Price : $250,000

AD Id : 74704016

MLS Id : 550184309

Lot Size : 0.71 Acre(Lot)

County : Palo Pinto

Subdivision: Firestation 300 Add

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Feature Features

  • Utilities

    Co-op Electric,Community Mailbox

  • 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

  • Listing Price Information

    Original List Price: $250,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 569169 Tax Legal Description: ACRES: 0.707 LOT: 00042 CLEARWATER POINT LOT Unexempt Taxes: $2,125

  • Homeowners Association Information

    Included Fees: Full Use of Facilities HOA Type: Mandatory HOA: $1,500.00 HOA Frequency: Annually

  • 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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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/26/2026 @ 10:14

MLS: 550184309 LISTED BY: Merit Holstein, Possum Kingdom Real Estate 254-592-1648 SOURCE: NTREIS - North Texas Real Estate Information

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