PRIME RESIDENTIAL & COMMERCIAL DEVELOPMENT OPPORTUNITY at Possum Kingdom Lake! The Sale includes The BREAKERS MARINA with Two Story Residence or Restaurant with ADDITIONAL 11.7 ACRES of Spectacular Waterfront & Interior Land perfect for FUTURE RV PARK, LAKE HOMES, CONDOS & or STORAGE. The Marina has 6 Docks with 56 Rental Slips, Retail Ship Store, Gas Dock, Jet Ski lifts, Public Restrooms, Boat Ramp with Ample Trailer Parking, PLUS the 2 story 2453 SqFt Restaurant and Bar have breathtaking Waterfront Views of PK, on an amazing Panoramic Point with ample room perfect for Private Parties, Concerts, and Events. All this is located off FM 1148. By land, on the Beautiful Westside of PK Lake, only 20 mins from Super Walmart, Shopping, Dining and Amenities in the small charming town of Graham TX. The location via lake is also centrally located just across from the Peninsula,& Eastside of PK & a short boat ride to the Famous Landmark Hell's Gate. This is a Rare Development Opportunity on PK!
Single-familyProperty Type
2003Year Built
11.7 acresLot Size
$744Est. Price/Sq.Ft.
Listed by Maggie Burgess• Possum Kingdom Real Estate
Waterfront Features: Dock – Covered, Dock – Uncovered, Lake Front - Common Area, Lake Front – Main Body, Personal Watercraft Lift, Retaining Wall – Other
Waterbody Name: Possum Kingdom
Dock Permitted YN: Yes
Land Information
Soil Type: Sandy Loam
Topography: Level, Gradual slope
Lot Information
Easements: Access, Utilities, Water Lines
Lake Pump YN: No
Lot Features: Acreage, Cleared, Level, Lrg. Backyard Grass, Many Trees, Park View, Sloped, Water/Lake View, Waterfront
Lot Size: 10 to < 50 Acres
Lot Size Acres: 11.7010
Lot Size Area: 11.7010
Lot Size Source: Owner
Lot Size Square Feet: 509695.5600
Lot Size Units: Acres
Other Structures: Outbuilding
Parcel Number: 23237
RATIO List Price By Lot Size Acr: 298692.41945
Road Frontage Type: County Road
Will Subdivide: No
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Accessibility Features YN: No
Property Attached YN: No
Multi Parcel IDYN: No
Property Key: 48363|23237|1|141968053
Property Match: APN
Restrictions: Easement(s)
US Property MUI: 407897086
Other Equipment: Call Listing Agent
Building Information
Stories Total: 2
Year Built: 2003
Year Built Details: Preowned
Smart Home Features Appor Pass Y: No
Financial
Tax Information
Tax Legal Description: ACRES: 11.701 PK LAKE 25-2-49 AREA 6-M LOT PT
Tax Lot: 1
Unexempt Taxes: 33334
Financial Information
Buyer Financing: Seller Financing
Loan Type: Treat As Clear
Second Mortgage YN: No
Utilities
Utility Information
Municipal Utility District YN: No
Utilities: Aerobic Septic, All Weather Road, Asphalt, Co-op Water, Electricity Connected, Gravel/Rock, Individual Water Meter, Outside City Limits, Private Road
Location
HOA Information
Association Type: None
School Information
Elementary School: Graford
Elementary School Name: Graford
High School Name: Graford
Middle School Name: Graford
School District: Graford ISD
Location Information
County Or Parish: Palo Pinto
Country: United States
Directions: From FM 1287 turn onto FM 1148, Go 3.4m to Camp David Road, make a Right turn, then drive .4m to & thru The Breakers Entrance and bear left at the split, Marina & Residence,Restaurant are at the end of the road. PKRE Banner at Gate Entrance.
Latitude: 32.89497061
Longitude: -98.52902302
Geocode Confidence: High
Subdivision Name: Westside
Community Information
Community Features: Boat Ramp, Fishing, Lake, Marina
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Palo Pinto County
APN: 23237
Home facts updated by county records on Aug 5, 2025