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1002 Cedar Drive Graford, TX $ 1,495,000
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$ 1,495,000 Get more info
1002 Cedar Drive
$ 1,495,000
Back to search
Share Save

1002 Cedar Drive

Graford, TX, 76449
$ 1,495,000
Bedrooms3 Baths3.0 Sq 2,199

Monthly Estimate*

$ 9,205

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View a Virtual Tour

Single Family Home for sale in Graford, TX

for $1,495,000 with 3 bedrooms and 3 full baths. This 2,199 square foot home was built in 2012 on a lot size of 0.922.

Tucked into a quiet, protected cove at the approach to Hell’s Gate, this nearly one-acre Gaines Bend property offers expansive water views, calm no-wake water, and one of the most recognizable locations on Possum Kingdom Lake. The 3-bedroom, 3-bath home is positioned to capture sweeping sunset views while enjoying the privacy of a protected cove just outside the activity of Hell’s Gate. From its elevated setting, you can watch fireworks light up the sky overhead — close enough to enjoy the show, yet removed from the congestion and heavy boat traffic. Designed for gathering and easy lake living, the home opens to layered composite decks that create multiple outdoor living zones. A covered patio with fireplace, grilling station, and open-air lounge areas overlook the water, while a lakeside tiki retreat provides a tucked-away perch near the shoreline. Inside, the layout is comfortable and functional, offering flexibility for weekend guests or full-time lake living. A stone retaining wall and stairway lead to a private dock with boat lift in approximately 12 feet of water at full pool. The nearly one-acre setting provides uncommon elbow room in Gaines Bend — space for lake toys, gatherings, and future personalization. Whether envisioned as a weekend escape or full-time lake residence, this property offers the rare balance of protected water, iconic proximity, and room to make it your own.

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Single Family Active

Price

$ 1,495,000

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 11,554

Style

Ranch

Lot Size

0.922

Year Built

2012

Town/City

Graford

County/Region

Palo Pinto

MLS | Web ID

21193524
Features
Interior
Interior Features Cathedral Ceiling(s) Double Vanity High Speed Internet Available Kitchen Island Open Floorplan Pantry Vaulted Ceiling(s) Walk-In Closet(s)
Flooring Carpet Ceramic Tile
Basement Y/N 0
Dining Areas 1
Living Areas 1
Half Baths 0
Total Bedrooms 3
Total Baths 3
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General
Heating Central Electric Fireplace(s)
Cooling Ceiling Fan(s) Central Air Electric
Utilities Asphalt Co-op Electric Co-op Water Community Mailbox Individual Water Meter Outside City Limits Overhead Utilities Private Road Private Sewer Unincorporated
Possession Closing/Funding
Roof Shingle
Appliances Dishwasher Electric Range Electric Water Heater Refrigerator
Assoc Fees 1000
Restrictions Architectural No Mobile Home
School District Palo Pinto ISD
HOA Fee Includes Full Use of Facilities Security Trash
Pool Y/N 0
Year Built 2012
Architectural Style Ranch
Community Features Boat Ramp Gated
Levels One
Property Subtype Single Family Residence
Subdivision Name Gaines Bend
Transaction Type For Sale
Occupant Type Owner
County Palo Pinto
Property Type Residential
Construction Materials Siding
Year Built Details Preowned
Accessory Unit Y/N N
HOA Type Mandatory
Special Notes Aerial Photo Deed Restrictions Survey Available
Full Baths 3
Status Active
Directions Enter the Gaines Bend subdivision from Hwy 16. Drive approximately 3.2 miles on Gaines Bend Drive to Cedar Drive and turn left. Continue to the end of the road; the property will be on the left.
City Possum Kingdom Lake
Elementary School Name Palo Pinto
High School Mineral Wells
Elementary School Palo Pinto
Standard Status Active
Listing Terms Cash Conventional
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Exterior
Waterfront 1
Exterior Features Boat Slip Dock Outdoor Grill RV/Boat Parking
Lot Features Irregular Lot Sloped Subdivision Water/Lake View Waterfront
Fencing None
Garage Length 0
Garage Width 0
Other Structures Gazebo
Lot Size Source Public Records
Parking Features Additional Parking Boat Concrete Driveway No Garage
WaterFront Features Dock – Covered Lake Front
Lot Size .5 to < 1 Acre
Foundation Slab
Structural Style Lake House Single Detached Vacation Home
Garage Y/N 0
Attached Garage Y/N 0
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Internal Only
Street Number 1 1002
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* Excluded Features
List By
Jackie Fewell

Listing Agent

Berkshire Hathawayhs Pondera

Broker

Affordability Calculator

$10,168
Per Month
91%
9%
0%
Monthly Principal & Interest
$9,205
Monthly Property Taxes
$963
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
286748 Elementary School
5136369 Middle School
See complete school information
Pricing History
Date Price Price Change Description
2/28/2026 $1,495,000 Listed Price

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1002 Cedar Drive, Graford, TX, 76449 is a Single Family Home for sale at $1,495,000 with 2,199 sqft and a lot size of 0.922. 1002 Cedar Drive has 3 bedrooms, 3.0 baths, and was built in 2012. The property's zip code is 76449 which is in Graford, TX

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