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1782 Fm 2951 #3, Graford, TX, 76449

3beds
2baths
1,200sqft
$465,000
$388price/sqft
$3,334/moest. monthly cost
$133,360/yrincome needed

About This Home

Immaculately remodeled and maintained cabin a stone's through from the crystal blue water of Possum Kingdom Lake is now available! This fully furnished Retreat cabin is turn key and ready for you and your family to enjoy, PLUS start making income asap as a short term rental. Sleeps 10! This adorable cabin has all the amenities you'd want in a vacation home, plus an amazing view of PK!! The Retreat is located on the highly desirable Peninsula, close to all the fun at Possum Kingdom Lake! Boat ramp and boat rentals are located directly across the street if you'd like to enjoy the best lake in the state of Texas! Boating, skiing, wakeboarding, you name it, this lake is perfect for it!! After a long day on the water let someone else do the cooking since dining, shopping and live entertainment are just minutes away. The minute you arrive you'll see why The Retreat is the first choice for a weekend getaway like no other! Just think, a lake house that can pay for itself if the justification you've always needed, don't let this one pass you by!

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
3
BikeSomewhat Bikeable

Schools

6/10
Graford SchoolGrades PK-1213.1 mi

Construction

Condition

  • Year built: 2005

Materials

  • Foundation: Slab
  • Roof: Asphalt

Type & Style

  • Home type: Condo
  • Architectural style: Detached
  • Property subType: Condominium,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Cooktop,Electric Oven,Electric Water Heater,Disposal,Microwave,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Decorative/Designer Lighting Fixtures,Eat-in Kitchen,High Speed Internet,Open Floorplan,Wired for Sound
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total interior livable area: 1,200 sqft

Living Room

  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

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

Property

Details

  • Parcel number: 568987

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered,Deck,Patio
  • Waterbody name: Possum Kingdom

Lot

  • Features: Greenbelt

Parking

  • Parking features: Additional Parking,Common

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 $2,351$28,212
Home Insurance *$331$3,972
Property Taxes $414$4,968
Electricity $238$2,859
Total$3,334$40,008
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$114,308/yr
40% on housing$100,020/yr
45% on housing$88,906/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

$388This listing

vs Other Active Listings

Avg $/sqft

ZIP 76449$331
Palo Pinto County$299

vs Homes Sold Last Month

Median $/sqft

ZIP 76449$344
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
2026-07-06Listed for sale$465,000
2026-01-02Sold--
2025-12-28Pending sale$449,000
2025-12-22Contingent$449,000
2025-10-03Listed for sale$449,000

For Sale by Agent

AgentJan Johanson
BrokerageeXp Realty LLC

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