Listing provided courtesy of Jacob Realty- MLS# 21197369MLS ProviderContact Information: Ethan Jacob

4140 N State Hwy 16 Highway NGraford, TX 76449

Vacant Land · 731.69 Acres
$5,780,351 Active

4140 N State Hwy 16 Highway N Overview

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731± Acre North Texas Ranch Near Possum Kingdom Lake Located just minutes south of Possum Kingdom Lake, this exceptional 731± acre ranch along State Highway 16 offers a rare opportunity to own a premier piece of North Texas ranchland in one of the region’s most desirable recreational areas. With approximately 6,150 feet of highway frontage, the property provides outstanding access while still maintaining the privacy and seclusion of a large working ranch. The land features rolling topography with multiple elevated ridges and scenic valleys, creating breathtaking long-range views and numerous potential homesites for a ranch headquarters or private estate. The combination of open grazing pasture, scattered hardwoods, and native brush provides an ideal balance for both livestock operations and wildlife habitat. Currently utilized for cattle grazing, the ranch includes two dependable ponds that provide year-round water for livestock and wildlife, along with strong perimeter fencing. The property carries an agricultural exemption, helping keep ownership costs low. For outdoor enthusiasts, the ranch offers excellent hunting and recreational potential. The area is well known for whitetail deer, turkey, dove, hogs, and other native wildlife, making it a turnkey recreational ranch or weekend retreat. One of the most attractive features of the property is its close proximity to Possum Kingdom Lake, located only a few miles away, giving future owners quick access to boating, fishing, and lakefront dining while still enjoying the privacy of a large ranch property. Whether you're looking to establish a working cattle operation, build a legacy ranch, develop a private retreat, or invest in large acreage near Possum Kingdom Lake, this property offers size, location, and versatility that are increasingly difficult to find in North Texas.

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4140 N State Hwy 16 Highway N Facts & Features

  • Type Vacant Land
  • Lot 731.69 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Palo Pinto ISD
  • Elementary School: Palo Pinto
  • Middle Or Junior School: Palo Pinto
  • High School: Palo Pinto

Business Information

  • Current Use: Cattle,Grazing,Livestock

Location/Region

  • Country: US
  • County Or Parish: Palo Pinto
  • Postal City: GRAFORD
  • Subdivision Name: None

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: R9289
  • Possible Use: Agricultural,Cattle,Grazing,Horses,Hunting,Livestock,Pasture,Ranch,Residential,Recreational
  • Property Sub Type: Ranch
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Acreage,Agricultural,Cleared,Pasture,Rolling Slope,Many Trees
  • Lot Size Acres: 731.69
  • Lot Size Area: 731.69
  • Lot Size Square Feet: 3.18724164E7
  • Lot Size Units: Acres
  • Road Surface Type: Asphalt
  • Vegetation: Grassed,Heavily Wooded,Brush

Waterfront/View

  • Waterfront: No

General Information

  • Fencing: Barbed Wire,Fenced,Perimeter
  • Road Frontage Type: Highway,State Road
  • Utilities: None

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4140 N State Hwy 16 Highway N Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4140 N State Hwy 16 Highway N Market Data

Based on the last 30 days in this zip code

$1,058,741
Average List Price
$430
Average Price per Square Foot
10
Properties Sold
128
Average Days on Market
152
Properties for Sale
Calculations provided by Reliance Network


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