4445 Chapel Rd, Graham, TX, 76450
About This Home
Brand-New Possum Kingdom Lake Waterfront home with a Boat Dock. Priced to Sell! Exceptional Value. Priced under $1 million, you’d be hard pressed to buy the lot, build this home, install the dock, and complete everything today for close to this price. If you’ve been waiting for the right waterfront property, this is one you need to see! Located on the highly sought-after West Side, this brand-new waterfront home offers the complete lake lifestyle with breathtaking open-water views, a level grassy yard shaded by mature pecan trees, a sandy beach shoreline, and a private dock with a HydroHoist boat lift ready for your next day on the water. Designed for both full-time living and unforgettable weekends, the home comes fully furnished and features a spacious kitchen, two inviting living areas, and seamless indoor-outdoor entertaining. The thoughtfully designed accessibility ramp allows everyone to enjoy easy access to the home and waterfront. Whether you’re looking for a luxury lake home, family retreat, short term rental, or investment property, this home checks every box. No HOA. No restrictions. Plenty of room to expand. Exceptional fishing from your dock. Restaurants and amenities just minutes away. The seller has priced this property aggressively and is prepared to work with qualified buyers. If you’ve been waiting for the right opportunity on Possum Kingdom Lake, don’t miss this one!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2026
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Convection Oven,Dryer,Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator
Bedroom
- Level: First
- Dimensions: 14 x 14
Bedroom
- Level: First
- Dimensions: 14 x 14
Bedroom
- Level: First
- Dimensions: 12 x 12
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Cooling features: Central Air,Ceiling Fan(s)
Features
- High Speed Internet,Kitchen Island,Walk-In Closet(s)
- Number of fireplaces: 1
- Fireplace features: Wood Burning
- Fireplace: Yes
Interior Area
- Total interior livable area: 2,340 sqft
Living Room
- Level: First
- Dimensions: 30 x 20
Living Room
- Level: First
- Dimensions: 20 x 18
Master Bedroom
- Level: First
- Dimensions: 14 x 17
Property
Accessibility
- Accessibility features: Accessible Full Bath,Accessible Bedroom,Accessible Doors,Accessible Entrance
Details
- Parcel number: R000023002
- Exclusions: None
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Fenced
- On waterfront: Yes
- Waterfront features: Boat Dock/Slip,Lake Front
- Waterbody name: Possum Kingdom
Lot
- Lot size: 0.56 Acres
- Features: Back Yard,Lawn,Landscaped
Parking
- Parking features: Additional Parking,Driveway
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
- Hail
- Inland Flooding
- Strong Wind
- Tornado
- Wildfire
- Drought
- Heat Wave
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,056 | $60,672 |
| Home Insurance * | $1,241 | $14,892 |
| Property Taxes | $891 | $10,692 |
| Electricity | $256 | $3,083 |
| Total | $7,444 | $89,328 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-25 | Price change | $999,999 |
| 2026-06-22 | Listed for sale | $1,150,000 |
| 2026-02-06 | Sold | -- |
| 2025-10-31 | Pending sale | $450,000 |
| 2025-09-15 | Contingent | $450,000 |
| 2025-09-06 | Price change | $450,000 |
| 2025-08-21 | Listed for sale | $550,000 |
For Sale by Agent
View on Zillow