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Lot 52 Water Lily
Graham, Texas 76450

County: Palo Pinto Clearwater Point

Beautiful 0.744-acre (32,409 sq. ft.) vacant lot near Possum Kingdom Lake—ideal for your dream home or weekend getaway. Located in Clearwater Point, this peaceful Texas property offers access to community amenities including a boat ramp, boat storage, community center, and swimming pool. Enjoy boating, fishing, swimming, and lake living while building within an established residential community. The lot is subject to recorded CC&Rs and Architectural Control Committee approval. Key restrictions and requirements include single-family residential use, with one primary residence and up to one guest house permitted. Minimum conditioned living area generally ranges from 1,250–1,500 sq. ft., depending on the lot. Setbacks, utility and pipeline easements, driveway, exterior material, roofing, fencing, and improvement-placement requirements apply. Lots may not be subdivided. Temporary RV use and camping are allowed under the CC&Rs, generally limited to seven consecutive days. Restrictions also apply to long-term storage or parking of boats, trailers, RVs, commercial vehicles, and inoperable vehicles. Household pets are allowed, while livestock and certain animal uses are restricted. Oil and gas operations are prohibited. Utility easements apply, and septic systems must meet state and county requirements. The property is subject to a property owners’ association, with possible annual, special, or individual assessments. No home currently exists on the property. Any home shown in photos is an AI-generated concept for visualization only. Buyers should independently verify boundaries, utilities, building requirements, access, amenities, and all recorded restrictions before purchase.

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Essential Information

  • Price$139,000
  • Cumulative Days on MarketUnlock
  • MLS® #21358206
  • Acres0.74
  • TypeLand
  • Sub-TypeUnimproved Land
  • StatusActive
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Quick Valuation Analysis from 8 Active Listings

Pricing Trends from 8 Active Listings in Clearwater Point

This Home's Price $139,000 This Home's Price Per SqFt $
Average Price $239,738 Average Price Per SqFt $
Highest Price $560,000 Highest Price Per SqFt $
Lowest Price $110,000 Lowest Price Per SqFt $

Property Details

School Information

Community

  • AddressLot 52 Water Lily
  • SubdivisionClearwater Point
  • CityGraham
  • CountyPalo Pinto
  • StateTexas
  • Zip Code76450
  • HOAMandatory
  • HOA Fees$1,500
  • HOA Fees FrequencyAnnually
  • FeaturesBoat Ramp, Community Pool
  • UtilitiesAsphalt, Electricity Available
  • Taxes2236

Exterior

  • Exterior FeaturesOther
  • Lot DescriptionSubdivision

Additional Information

  • ZoningResidential

Private Listing Information (Registration Required)

Listing Details

  • AgentMichael Greiner
  • OfficeMy Castle Realty
  • Office Contact713-683-0054

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Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

Listing information last updated on November 9th, 2026 at 8:31pm CST.