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5405 Edgewater Dr, Graham, TX, 76450

4beds
6baths
3,610sqft
$3,995,000
$1,107price/sqft
$29,118/moest. monthly cost
$1,164,720/yrincome needed

About This Home

WATERFRONT LUXURY CUSTOM BUILT HOME on Possum Kingdom Lake! This gorgeous home has no detail left unmet! From the minute you pull in the private gate and wind down the drive you will feel at home and retreat into your own private space. Enter the home through the custom iron door and immediately see the breathtaking views of PK Lake through the expansive doors and windows along the back of the house. Take in the beautiful open living, dining and kitchen area with vaulted wood ceilings and steel beams engineered just for this home! The owners designed this home for privacy and entertainment. There are nice surprises throughout the kitchen such as a hidden coffee bar and bar cabinet, a HUGE gourmet island with a custom wood cutting board insert and a hidden caterer's pantry; again, every need met through meticulous design. Upstairs you will find the bunk room and game room which can sleep up to eight people with its own ensuite bathroom. Downstairs each bedroom has its own walk in closet and lovely ensuite bathroom. Enjoy a secluded primary suite with amazing lake views and its own private patio. Also included is a fortified safe room for added protection and peace of mind. The oversized heated and cooled third car garage with beautiful epoxy floor finish is the perfect place to store your boat or RV, game tables, or work out equipment. Outside is where you will never want to leave! Enjoy your morning coffee watching the sun rise over the big open views of the lake. Then appreciate the cool shade in the evening after a day on the lake while cooking in your outdoor kitchen, relaxing in the heated and chilled cocktail pool or taking a walk down to the dock with easy access to your boat and PWCs. The outdoor space is low maintenance with beautiful turf and a side yard for dog run. Also included is a 48KW Generac generator serving the entire home. Escape your busy life to Possum Kingdom Lake, and the quiet peacefulness of this home will make you never want to leave!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

6/10
Graford SchoolGrades PK-1214.4 mi

Construction

Condition

  • Year built: 2022

Materials

  • Foundation: Slab
  • Roof: Composition,Metal
  • Construction materials: Board & Batten Siding,Rock,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Refrigerator,Dryer,Dishwasher,Electric Cooktop,Electric Oven,Disposal,Ice Maker,Microwave,Refrigerator,Water Softener,Vented Exhaust Fan,Washer,Wine Cooler
  • Laundry features: Washer Hookup,Electric Dryer Hookup,Laundry in Utility Room

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2

Features

  • Wet Bar,Built-in Features,Double Vanity,Granite Counters,High Speed Internet,Kitchen Island,Multiple Master Suites,Open Floorplan,Pantry,Smart Home,Vaulted Ceiling(s),Walk-In Closet(s),Wired for Sound
  • Window features: Window Coverings
  • Flooring: Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Living Room,Stone,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric,Fireplace(s)
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 3,610 sqft

Living Room

  • Features: Ceiling Fan(s),Fireplace
  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

  • Features: Ceiling Fan(s),Dual Sinks,En Suite Bathroom,Walk-In Closet(s)
  • Level: First
  • Dimensions: 0 x 0

Property

Details

  • Parcel number: R0000233335
  • Other equipment: Generator

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Gunite,Heated,In Ground,Outdoor Pool,Pool,Pool/Spa Combo
  • Patio & porch: Covered
  • Exterior features: Built-in Barbecue,Barbecue,Boat Slip,Dock,Dog Run,Lighting,Outdoor Grill,Outdoor Kitchen,Outdoor Shower,Rain Gutters
  • Fencing: Fenced,Gate,Other,Stone
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Boat Dock/Slip,Boat Ramp/Lift Access,Lake Front,Waterfront
  • Waterbody name: Possum Kingdom

Lot

  • Lot size: 0.73 Acres
  • Features: Sprinkler System,Waterfront,Retaining Wall

Parking

  • Total spaces: 4
  • Parking features: Asphalt,Epoxy Flooring,Electric Gate,Garage,Gated,Heated Garage,Boat,RV Access/Parking
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Wildfire
    WildfireRelatively High
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Inland Flooding
Strong Wind
Tornado
Wildfire
Drought
Heat Wave
Lightning
Winter Weather

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $20,200$242,400
Home Insurance *$4,960$59,520
Property Taxes $3,562$42,744
Electricity $396$4,756
Total$29,118$349,416
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$998,331/yr
40% on housing$873,540/yr
45% on housing$776,480/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,107This listing

vs Other Active Listings

Avg $/sqft

ZIP 76450$240
Palo Pinto County$287

vs Homes Sold Last Month

Median $/sqft

ZIP 76450
Palo Pinto County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-27Listed for sale$3,995,000

For Sale by Agent

AgentTeresa Kidwell
BrokerageCentury 21 Mike Bowman, Inc.

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