If you’ve been waiting for a Possum Kingdom Lake property that combines ranch-style convenience with true lakefront luxury, this is the one. Situated on nearly an acre of deep-water frontage, this well-laid-out home offers effortless single-level living with exceptional outdoor amenities and rare versatility. Located on the West Side of PK, this thoughtfully designed lakefront retreat spans 2,371 square feet and features 4 bedrooms and 2 bathrooms. Every space is designed for comfort, connection, & relaxed lake living. Wake up to expansive water views, enjoy seamless indoor-outdoor flow, and host with ease in a home that feels both inviting and refined.
The spacious kitchen serves as the heart of the home, opening naturally to a light-filled family room that’s ideal for everyday living and entertaining. A separate front living area adds flexibility for movie nights, quiet evenings, or hosting guests. The primary suite provides a peaceful escape after long lake days, while three additional bedrooms offer plenty of room for family and friends.
Outdoor living truly sets this property apart. Covered patios create the perfect place for morning coffee or evening gatherings, while the gas fire pit sets the scene for unforgettable nights under the Texas sky. A stunning swimming pool offers a private, resort-style escape, & the deep-water dock provides year-round access for boating, fishing, and other lake activities.
Adding exceptional value and functionality are multiple outbuildings, including a large shop ideal for boat storage, a second smaller shop, and additional storage space. A charming one-bedroom hunter’s cabin completes the property, featuring a living area with a kitchenette, bedroom, bathroom and front porch. Perfect for guests, extended family, or a private retreat. This is more than a lake house. It’s a rare, fully equipped lakefront compound that makes everyday living feel effortless. Private, functional, and truly unforgettable on Possum Kingdom Lake.
For sale
$2,250,000
4925 Butler Ln, Graham, TX 76450
4beds
2,371sqft
Est.:
Single Family Residence
Built in 2006
0.87 Acres Lot
$2,029,900 Zestimate®
$949/sqft
$-- HOA
What's special
Stunning swimming poolLight-filled family roomCovered patiosExceptional outdoor amenitiesSpacious kitchenGas fire pitEffortless single-level living
- 86 days |
- 569 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: January 09, 2026 at 07:26am
Listed by:
Judy Smith 0738531 (940)264-2500,
RE/MAX Elite Group 940-264-2500,
Dave Smith 0738523 940-456-6145,
RE/MAX Elite Group
Source: NTREIS,MLS#: 21138154
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Dual Sinks, Double Vanity, En Suite Bathroom, Jetted Tub, Separate Shower, Walk-In Closet(s)
- Level: First
- Dimensions: 15 x 14
Bedroom
- Features: Ceiling Fan(s), Walk-In Closet(s)
- Level: First
- Dimensions: 13 x 12
Bedroom
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 12 x 13
Bedroom
- Level: First
- Dimensions: 12 x 13
Family room
- Level: First
- Dimensions: 22 x 14
Kitchen
- Features: Breakfast Bar, Built-in Features, Butler's Pantry, Eat-in Kitchen, Kitchen Island
- Level: First
- Dimensions: 13 x 19
Living room
- Level: First
- Dimensions: 23 x 14
Appliances
- Included: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator
Features
- Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
- Flooring: Carpet, Laminate
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 2,371 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Additional Parking, Circular Driveway, Covered, Garage, Off Street, RV Access/Parking, Shared Driveway, Storage
- Garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Exterior features: Dock, Fire Pit, Outdoor Living Area, Rain Gutters, Storage
- Pool features: In Ground, Outdoor Pool, Pool
- Has spa: Yes
- Spa features: Hot Tub
- Fencing: Chain Link
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Boat Dock/Slip, Lake Front, Waterfront
- Body of water: Possum Kingdom
Lot
- Size: 0.87 Acres
- Features: Acreage, Landscaped, Sloped, Few Trees, Waterfront
- Residential vegetation: Grassed
Details
- Additional structures: Bunkhouse, Second Garage, Outbuilding, RV/Boat Storage
- Parcel number: 23098
- Other equipment: Negotiable
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Detached
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 2006
Utilities & green energy
- Sewer: Septic Tank
- Water: Private
- Utilities for property: Electricity Available, Electricity Connected, None, Overhead Utilities, Septic Available, Sewer Not Available, Water Available
Community & HOA
Community
- Subdivision: Possum Kingdom Lake
HOA
- Has HOA: No
Location
- Region: Graham
Financial & listing details
- Price per square foot: $949/sqft
- Tax assessed value: $1,289,680
- Annual tax amount: $16,369
- Date on market: 1/8/2026
- Cumulative days on market: 19 days
- Listing terms: Cash,Conventional,VA Loan
- Exclusions: Furnishings, boat & jet ski
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$2,029,900
$1.93M - $2.13M
$2,912/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2026 | Listed for sale | $2,250,000-10%$949/sqft |
Source: NTREIS #21138154 Report a problem | ||
| 8/12/2024 | Listing removed | -- |
Source: NTREIS #20419531 Report a problem | ||
| 11/15/2023 | Price change | $2,500,000-3.8%$1,054/sqft |
Source: NTREIS #20419531 Report a problem | ||
| 9/1/2023 | Listed for sale | $2,599,000$1,096/sqft |
Source: NTREIS #20419531 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,798 -5.2% | $1,289,680 +0.6% |
| 2024 | $18,770 +14.7% | $1,282,420 +15.6% |
| 2023 | $16,367 0% | $1,108,970 +4.4% |
| 2022 | $16,369 +62.5% | $1,062,180 +83.6% |
| 2021 | $10,076 -6.2% | $578,450 |
| 2020 | $10,742 +8.2% | $578,450 +9.1% |
| 2019 | $9,924 -1.6% | $530,210 -0.4% |
| 2018 | $10,082 +1.6% | $532,400 |
| 2017 | $9,926 +5.3% | $532,400 +3.7% |
| 2016 | $9,429 +2.8% | $513,300 -0.1% |
| 2015 | $9,174 | $514,060 -1.3% |
| 2014 | $9,174 | $520,600 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$13,337/mo
Principal & interest
$10937
Property taxes
$2400
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Climate risks
Neighborhood: 76450
Nearby schools
GreatSchools rating
- 6/10Graford SchoolGrades: PK-12Distance: 17.2 mi
Schools provided by the listing agent
- Elementary: Graford
- Middle: Graford
- High: Graford
- District: Graford ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 76450
- Texas
- Palo Pinto County
- Graham
- 76450
- 4925 Butler Ln
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