Tucked beneath a canopy of mature trees on the coveted west shore of Possum Kingdom Lake, this completely remodeled lakefront estate is the rare property that delivers on every level - space, serenity, and investment potential, all in one turnkey package. Set on two sprawling acres with 200 feet of pristine waterfront, the 3,824 sq. ft. residence offers six bedrooms and three and a half baths, thoughtfully designed for full-time living, weekend escapes, or high-performing short-term rental income. Step outside to your private deep water dock and experience PK Lake at its finest - glassy mornings, breathtaking sunsets, and the kind of quiet that's increasingly hard to find. Every major system has been updated, giving buyers true peace of mind: two new high efficiency geothermal HVAC units, a Kohler backup generator, a new roof, and all-new kitchen appliances. The home is being sold fully furnished and move-in ready - 2023 Mastercraft X24 and 2026 Yamaha SVHO WaveRunner will stay with a full price offer. Evenings out are effortless with Possum Hollow, Bass Hollow, and Fox Hollow all just minutes away. And with Graham only 20 minutes up the road, everyday conveniences are never far. The property carries a proven rental history, making it an ideal candidate for a 1031 exchange and a compelling income-producing asset for the right buyer. Subject to Brazos River Authority restrictions. Drive Times • Graham - 20 min • Breckenridge - 45 min • Fort Worth - 1.5 hrs • Abilene - 1.5 hrs • Dallas - 2 hrs • Midland/Odessa - 3.5 hrs Owner is a Licensed Texas Real Estate Agent
For sale
$2,899,999
4877 Pike Rd, Graham, TX 76450
6beds
3,824sqft
Est.: Get pre-qualified
Single Family Residence
Built in 1998
1.91 Acres Lot
$2,611,900 Zestimate®
$758/sqft
$-- HOA
What's special
Six bedroomsAll-new kitchen appliancesNew roof
- 33 days |
- 437 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
William Robbins 432-853-8214,
Texas Ranch Sales
Source: My State MLS,MLS#: 11695489
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Dining Room, Family Room, First Floor Bathroom, First Floor Master Bedroom, Kitchen, Laundry Room, Living Room, Master Bedroom, Walk-in Closet
Kitchen
- Features: Open
Basement
- Area: 0
Heating
- Electric, Geothermal, Zoned
Cooling
- Central, Zoned
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Microwave, Oven, Washer, Water Heater, Stainless Steel Appliances
Features
- Has basement: No
- Number of fireplaces: 2
- Furnished: Yes
Interior area
- Total structure area: 0
- Total interior livable area: 3,824 sqft
- Finished area above ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Detached
- Garage spaces: 2
- Has carport: Yes
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Handicap
Features
- Stories: 2
- Patio & porch: Patio, Covered Porch, Open Porch, Screened Porch
- Has view: Yes
- View description: Lake, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Deep Water Dock, Dock, Waterfront, Lake
- Body of water: Possum Kingdom Lake
Lot
- Size: 1.91 Acres
- Features: Room For Tennis, Trees
Details
- Additional structures: Carport
- Parcel number: 191200000
- Lease amount: $0
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Masonry - Stucco, Stucco Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1998
Utilities & green energy
- Electric: Amps(0)
- Sewer: Private Septic
- Water: Municipal
- Utilities for property: Naturl Gas Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Graham
Financial & listing details
- Price per square foot: $758/sqft
- Tax assessed value: $1,688,460
- Annual tax amount: $23,302
- Date on market: 4/23/2026
- Date available: 04/20/2026
- Listing agreement: Exclusive
Estimated market value
$2,611,900
$2.48M - $2.74M
$3,200/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Listed for sale | $2,899,999-3.3%$758/sqft |
Source: My State MLS #11695489 Report a problem | ||
| 11/30/2025 | Listing removed | $2,999,000$784/sqft |
Source: NTREIS #21097024 Report a problem | ||
| 10/27/2025 | Listed for sale | $2,999,000$784/sqft |
Source: NTREIS #21097024 Report a problem | ||
| 8/31/2010 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 11/27/2007 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $23,302 -3.9% | $1,688,460 +1.9% |
| 2024 | $24,250 +13% | $1,656,850 +13.9% |
| 2023 | $21,462 -4% | $1,454,240 +0.3% |
| 2022 | $22,354 +38.8% | $1,450,540 +46.5% |
| 2021 | $16,103 -0.4% | $990,340 |
| 2020 | $16,174 +2.2% | $990,340 +9.9% |
| 2019 | $15,822 +7.7% | $900,750 +14% |
| 2018 | $14,687 +1.6% | $790,280 |
| 2017 | $14,453 +4.2% | $790,280 +2.6% |
| 2016 | $13,868 -1.4% | $770,160 |
| 2015 | $14,067 | $770,160 -10.3% |
| 2014 | $14,067 | $858,600 +16.9% |
| 2013 | -- | $734,350 +0.1% |
| 2012 | -- | $733,620 +17.8% |
| 2011 | -- | $622,660 -10.4% |
| 2010 | -- | $695,300 -18.6% |
| 2009 | -- | $854,650 +19.1% |
| 2008 | -- | $717,330 |
| 2007 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 76450
Nearby schools
GreatSchools rating
- 6/10Graford SchoolGrades: PK-12Distance: 17.7 mi
Schools provided by the listing agent
- District: Graford Isd
Source: My State MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Palo Pinto County
- Graham
- 76450
- 4877 Pike Rd




