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4140 N State Hwy 16 Highway N

Graford, TX 76449

Listing courtesy of Ethan Jacob, Jacob Realty

$5,780,351
Active
Beds
Baths
Sqft
Year Built

About this home

731± Acre North Texas Ranch Near Possum Kingdom Lake Located just minutes south of Possum Kingdom Lake, this exceptional 731± acre ranch along State Highway 16 offers a rare opportunity to own a premier piece of North Texas ranchland in one of the region’s most desirable recreational areas. With approximately 6,150 feet of highway frontage, the property provides outstanding access while still maintaining the privacy and seclusion of a large working ranch. The land features rolling topography with multiple elevated ridges and scenic valleys, creating breathtaking long-range views and numerous potential homesites for a ranch headquarters or private estate. The combination of open grazing pasture, scattered hardwoods, and native brush provides an ideal balance for both livestock operations and wildlife habitat. Currently utilized for cattle grazing, the ranch includes two dependable ponds that provide year-round water for livestock and wildlife, along with strong perimeter fencing. The property carries an agricultural exemption, helping keep ownership costs low. For outdoor enthusiasts, the ranch offers excellent hunting and recreational potential. The area is well known for whitetail deer, turkey, dove, hogs, and other native wildlife, making it a turnkey recreational ranch or weekend retreat. One of the most attractive features of the property is its close proximity to Possum Kingdom Lake, located only a few miles away, giving future owners quick access to boating, fishing, and lakefront dining while still enjoying the privacy of a large ranch property. Whether you're looking to establish a working cattle operation, build a legacy ranch, develop a private retreat, or invest in large acreage near Possum Kingdom Lake, this property offers size, location, and versatility that are increasingly difficult to find in North Texas.

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
Active
County
Palo Pinto
Subdivision
None
Lot Size
731.69 acres
HOA Dues
None
Days on Market
New (0 days)
Listed
Mar 4, 2026
Price per Sqft

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$41,122/mo
Principal & interest
$30,765
Property taxes (est.)
$8,671
Homeowner's insurance (est.)
$1,686

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

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IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed Mar 4, 2026