Brand new luxury waterfront retreat offering the ultimate Possum Kingdom Lake lifestyle with exceptional short-term rental potential. Perfectly positioned on one of the lake's most desirable shorelines, this newly completed barndominium sits on approximately 60 feet of deep, year round water and features a rare maximum sized 2,000 sq. ft. covered dock, creating the perfect setting for boating, fishing, swimming, and unforgettable weekends on the lake. Designed for entertaining, the nearly 5,000 sq. ft. home offers 6 bedrooms, 6 full baths, and 1 half bath with an open concept layout that comfortably accommodates large families, corporate retreats, or vacation guests. The chef's kitchen showcases commercial grade appliances, an oversized island, granite countertops, abundant seating, and flows seamlessly into expansive living and dining areas overlooking the water. Upstairs is an entertainer's dream featuring an enormous game room complete with a full wet bar, pool table, shuffleboard, surround sound wiring, and a massive covered balcony with panoramic lake views. Spacious bedrooms, multiple ensuite baths, smart home technology, luxury vinyl plank flooring, and premium finishes provide comfort for every guest. Outside, enjoy covered patios, outdoor grilling area, fire pit, oversized parking, and direct access to one of Texas premier recreational lakes. Site plan includes location for lakeside swimming pool. So whether you're creating lifelong family memories or building a high performing vacation rental portfolio, this turnkey property delivers both luxury and income potential in one of Possum Kingdom's premier waterfront locations.
Single-familyProperty Type
2026Year Built
0.84 acresLot Size
$520Price/Sq.Ft.
$32/moHOA Dues
Listed by Lars Hanssen• Possum Kingdom Real Estate
NEXT GEN-LAKE LODGE New Construction, Max Size NEW Dock, Resort-style Amenities, Sleeps 30+, STR Ready! One-of-a-kind, lake estate, offering breathtaking panoramic lake views. A rare level lakefront lot with massive natural boulder 50 ft deep shoreline, easy access to a big beautiful deep-water dock. This 6830 sq ft luxury lakefront home offers 10 bedrooms and 7.5 bathrooms, including 4 private master king suites, 5 additional king bedrooms, and an oversized 8-bed bunk room. Built for entertaining, income potential, or a personal retreat, the open-concept layout features oversized living, kitchen, and dining areas with soaring ceilings and seating for 60 plus. Still customizable to match your style, this home blends bold design with smart features. The upper-level 1000 sq ft air-conditioned game room includes pool tables and a full saloon-style bar, opening outside to an open-air observation deck with smart ambient lighting, sound system, gas firepits, and incredible panoramic open lake views. Outdoor living offers 1200+ sq ft of covered seating areas, a custom lakeside pool with in-water bar seating, and a 20-person spa with smart controls. The lush, level yard is perfect for yard games like cornhole, bocce ball, or frisbee, and leads to the easy access nature walk through boulders to the maximum sized 2000 sq ft deep water double-decker dock featuring 2 large boat lifts, PWC ports, and generous space for fishing, swimming, and relaxing. Additional features include 4000 sq ft of tile flooring, a large laundry room with 3 stackable washer & dryer sets, smart lighting, and sleeping for 26–30 guests. Fully furnished or finish to your taste. Easily hosts events of 50–75 people. Located near The Breakers Marina and top lakefront dining, all within side-by-side or paddleboat reach. A rare opportunity for young professionals seeking a modern lakefront lifestyle with flexibility and rental potential. Video NEXTGENLAKELODGE dot COM
Public Records
Dec 18, 2023
Sold
*
Public Records
Aug 13, 2021
Sold
*
Year
Property tax
Land + Additions
Assessment*
2025
$10,853 (+7.0%)
$692,280 + $94,100
$786,380
2024
$10,144 (−36.0%)
$692,280 + $800
$693,080
2023
$15,860 (−4.2%)
$405,280 + $669,370
$1,074,650
2022
$16,561 (+82.7%)
$405,280 + $669,370
$1,074,650
2021
$9,065
$520,420
Public record
Beds
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Lot width
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Lot depth
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Lot size
0.84 Acres
Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Single Family Residential
County
Palo Pinto County
APN
R000565909
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Last updated by owner on Jul 22, 2026.
Historical weather
Graham, TX • 76450
Average low and high temperatures (°F)
55
30
66
38
78
50
78
58
83
62
92
73
94
73
97
75
90
65
86
60
73
47
64
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4971 Hawk Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently listed between $1,450,000 and $2,995,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.4M to $3.0M.