1141 Airport Road

Possum Kingdom Lake, TX
$ 500,000 Beds 3 Baths 2 Sq 1,980 Virtual Tour
Monthly Estimate* How much can I afford?

This Possum Kingdom Lake property offers a unique combination of a private beach and direct access to an expansive Brazos River Authority greenbelt, creating a wide-open feel with massive lake views that extends far beyond the lot itself—without the added property tax burden. Owned by the same family for decades, this is a choice lakefront location. The existing cabin provides a simple, usable footprint for immediate enjoyment, while the garage and guest suite offer well-maintained space for guests, storage, or weekend flexibility. For families new to PK this is where lake life really works… room to run, play, and gather, with easy access to the water and space to grow. Over time, the setting easily supports a future custom build that takes full advantage of the beach, views, and surrounding open space. Short-term rental potential adds another layer of versatility, making it possible to enjoy the property while generating income. Recent resurvey increased area of lakefront based on 1000 elevation.

Active

  • Price
  • $ 500,000
  • City
  • Possum Kingdom Lake
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • PALO PINTO
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.716 Acres
  • Zip
  • 76449
  • Sqr Footage
  • 1,980
  • Taxes
  • $ 5170
  • Style
  • Single Family Residence
  • MLS#
  • 21249778
Listed By: Possum Kingdom Real Estate
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Zoned
Cooling Multi Units,Zoned
Utilities Asphalt,City Water,Co-op Electric,Septic
Possession 30-60 Days,Closing/Funding
Roof Metal
Appliances Electric Cooktop,Electric Oven,Electric Water Heater
Easements Utilities
Assoc Fees 382
Number of Garage Spaces 1
Restrictions Deed
School District Graford ISD
HOA Fee Includes Trash
Year Built 9999
Community Features Airport/Runway,Boat Ramp,Fishing,Hangar,Jogging Path/Bike Path,Lake,Marina,Playground,Restaurant,RV Parking
Levels One
Unexempt Taxes 5170
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name North End
Accessibility Features Accessible Approach with Ramp
Transaction Type For Sale
Carport Spaces 2
County Palo Pinto
Property Type Residential
Construction Materials Metal Siding,Wood
Association Fee Frequency Annually
Accessory Unit Type Guest Quarters
Accessory Unit Y/N Yes
HOA Type Mandatory
Special Notes Deed Restrictions
Full Baths 2
Status Active
Directions Starting from the Possum Kingdom Welcome Center take a left on Park Rd 36. Once you arrive at the four way stop take a left onto FM-2353. Take a left on Airport Rd you will stay left until you get t
City Possum Kingdom Lake
Elementary School Name Graford
High School Graford
Elementary School Graford
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21249778
Standard Status Active
Listing Terms Cash,Conventional

Interior Features

Interior Features Other
Flooring Linoleum
Dining Areas 2
Living Areas 2
Room Count 10
Lock Box Type Combo
Total Bedrooms 3
Total Baths 2
Window Features Window Coverings
Laundry Features Electric Dryer Hookup,Full Size W/D Area

Exterior Features

Waterfront Yes
Exterior Features Awning(s),Covered Deck,Covered Patio/Porch,Fire Pit
Lot Features Greenbelt,Lrg. Backyard Grass,Water/Lake View,Waterfront
Vegetation Grassed,Partially Wooded
Fencing Pipe
Soil Type Unknown
Garage Length 48
Garage Width 18
Other Structures Garage(s),Guest House,See Remarks
Lot Size Source Public Records
Parking Features Additional Parking,Attached Carport,Driveway
WaterFront Features Lake Front,Lake Front – Main Body
Lot Size .5 to < 1 Acre
Covered Spaces 3
Foundation Combination
Lot Size Area 0.7160
Lot Size Units Acres
Structural Style Lake House,Resort Property
Garage Y/N Yes
Lot Size Square Feet 31188.9600
Lot Size Acres 0.7160
Patio And Porch Features Awning(s),Deck

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Graford Elementary School
Middle School Unknown Middle School
High School

Price History

4/26/2026 Listed $550,000
5/29/2026 2% - $540,000
6/23/2026 2% - $530,000
7/29/2026 2% - $520,000
8/31/2026 4% - $500,000

Property vs Zip Code Average in 76449

Price
AVG $1.3M
$500K
Taxes
AVG $12,664
$5,170
Visits
AVG 155
190
Data Provided by Inside Real Estate®

Areas That We Cover

1141 Airport Road Possum Kingdom Lake, TX is a Single Family Home for sale at $500000 with 1980 sqft and a lot size of 0.716 Acres Acre(s). 1141 Airport Road Possum Kingdom Lake has 3 bedrooms, 2 baths . The property's zip code is 76449 which is in Possum Kingdom Lake, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.