4140 N State Hwy 16 Highway N
Graford, TX 76449
Listing courtesy of Ethan Jacob, Jacob Realty
About this home
731± Acre North Texas Ranch Near Possum Kingdom Lake 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 approximately 6,150 feet of highway frontage, the property provides outstanding access while maintaining the privacy and seclusion of a large ranch. The land features beautiful rolling topography, elevated ridges, scenic valleys, open grazing areas, scattered hardwoods, and native brush. Expansive long-range views and multiple potential homesites make this an ideal setting for a ranch headquarters, custom residence, or weekend retreat. Currently utilized for cattle grazing, the ranch features strong perimeter fencing and two ponds providing water for livestock and wildlife. The property is currently under an agricultural exemption. The diverse terrain and natural cover provide excellent habitat for whitetail deer, turkey, dove, hogs, and other native wildlife, creating outstanding hunting and recreational opportunities. Located only a short drive from Possum Kingdom Lake, owners can enjoy convenient access to boating, fishing, water recreation, and lake-area amenities while maintaining the privacy of their own ranch. Whether your vision includes a working cattle ranch, hunting retreat, private family compound, legacy property, or long-term land investment, this remarkable property offers the acreage, terrain, highway frontage, location, and versatility increasingly difficult to find near Possum Kingdom Lake. Buyer to independently verify acreage, boundaries, agricultural exemption status, restrictions, utilities, water availability, and all property information.
Schools
- Elementary
- Palo Pinto
- Middle
- Palo Pinto
- High
- Palo Pinto
School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.
Property details
- MLS #
- 21197369
- Property Type
- Land
- Status
- For Sale
- County
- Palo Pinto
- Subdivision
- None
- Lot Size
- 731.69 acres
- HOA Dues
- None
- Days on Market
- 168 days
- Listed
- Mar 4, 2026
- Price per Sqft
- Not listed
Estimate your monthly payment
Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.
- Principal & interest
- $30,765
- Property taxes (est.)
- $8,671
- Homeowner's insurance (est.)
- $1,686
Based on a 30-year fixed loan. For an accurate quote, call or text us at (817) 674-0754 and we'll connect you with a trusted local lender.
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