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Mandy Petersen
REALTOR®
(254) 644-8648

538 Fm 52 , Graford, TX 76649

$2,997,000
  • 538 Fm 52 , Graford, TX 76649 Main Photo

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New to the Market Active
LOT SIZE 195.500 acres MLS#21340461
STATUSActive PROPERTY TYPELand - Farm SUBDIVISIONAbstract 177, Tract 14-1A, M. Forrest Survey) SCHOOLGraford ISD

Property Description

Located near Graford in Palo Pinto County, this tract pairs genuine water resources with strong recreational and development appeal. Four (4) wells producing 244,800 gallons per day supply ample water for recreation, residential, or commercial use. Rolling topography delivers elevated, unobstructed views and terrain well suited for estate-lot subdivision or a range of personal and small business uses. Recreation includes deer, turkey, and hogs on site, plus a one (1) acre enclosed food plot. Direct frontage on Highway 52 and quick access to the area’s major thoroughfares keep utilities and services within easy reach while the land itself stays open and private.Water-Secured - Four on-site production wells - reliable feature most area acreage lacks.Four (4) wells, 700 ft deep, 244,800 gallons per day (170 GPM) combined outputElevated Views — Rolling topography creates high points with long, unobstructed views across multiple potential build sites.FM 52 Frontage — Direct frontage on FM 52 offers flexible access, convenient utility connections, and an easy link to the area’s major thoroughfares.Town-Adjacent & Lake-Proximate — Close to Graford and Possum Kingdom Lake, keeping services, schools, and infrastructure within reach while the land stays open and private.Versatile Use — The size, terrain, and access support estate-lot subdivision or a range of personal and small-business uses.House: Three (3) bed, Two (2) bath, 1,120 SF, with a 560 SF PatioBarn: 2,400 SF barn (open on both sides) with two (2) shipping containers for storageHigh-yield multi-well water asset: Four high-yield wells producing 244,800 gallons per day. Rare land and water combination in Palo Pinto County. Two stock tanks supporting livestock operations and recreational use. Provides drought-resilient water supply. Efficiently delivers water to four separate areas of the property. Capacity to support recreational lakes and intensive irrigation systems. Water! Water! Water!

538 Fm 52 | MLS# 21340461

This land located at 538 Fm 52 , Graford, TX 76649 is currently listed for sale with an asking price of $2,997,000. The property has approximately 195.50 Acres. Fm 52 is located within the Graford ISD school district. Search Graford real estate on mandypetersen.kellyrealtors.com today.

Property Features

Property Type: Land - Farm
Lot Size: 195.50 Acres

Amenities

Covered Deck
Covered Patio/Porch
Stable/Barn
Storage

Feature Descriptions

Lot: Acreage, Agricultural, Brush, Cleared, Many Trees, Pasture, Rolling Slope, Tank/ Pond
Parcel#: 1610
Utilities: Electricity Available, Private Road, Septic, Well

Local Schools

Elementary School: Graford
School District: Graford ISD

Listed By / Shown By

Listed By

Agency Name: Donna Kemp-Long
Agency Contact: 210-535-1012
Agent Name: Donna Kemp-Long

agent picture

Shown By

Agent Name: Mandy Petersen
Agent Phone: (254) 644-8648
Agency Title: Kelly, Realtors

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Estimated Payment

$ 7,544.15 per month $6,670.02 Principal & Interest $0.00 Property Tax (data not provided by mls) $874.13 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/24/2026. The listing information on this page last changed on 07/24/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/24/2026 12:03:34 AM EST) or NTREIS (last updated Thu 07/23/2026 11:49:07 PM EST) or SABOR MLS (last updated Thu 07/23/2026 11:53:18 PM EST) or CTXMLS (last updated Thu 07/23/2026 11:34:30 PM EST). Real estate listings held by brokerage firms other than Kelly, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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