5505 Lakeshore Dr, Graham, TX, 76450
About This Home
PRIME PK LAKE ESTATE, BUILD LOT with 2.6 ACRES, & ENDLESS POSSIBILITIES with 1000' of SHORELINE, INSULATED 2592 SqFt BARNDO SHOP, DOUBLE LEVEL, 1840 SqFt NEW DOCK, with 2 Boat Slips, 2 Jets Ski EZ Ports, Storage Closet with fresh water Ice Maker, and Lifted Cradle Storage for Water Toys, & 2nd Level has Panoramic Lake Views, plus there is a Concrete Retaining Wall at the shoreline, and Multiple Big View Build Sites for the Main Lake House and BIG extra Acreage for Guest Cabins, Pool, Sports Courts or whatever your PK Dream Family Compound requires. The Barndo features 2 Large Glass Garage Doors, for great Light and Bright Entertaining Space, as well as Boat Storage Space and has a Large Covered Lighted Canopy in Front, and an RV Size Carport on the end with access to Power and Septic. BE SURE to Check out the Lot Survey in the Photos to see how much Waterfront there is to Build on, with Amazing Elevated Lake Views, as well as pics of the Mature Oak and Cedar Trees throughout the different areas of the property. This is a RARE GEM of a Lake Property that Must Be Seen to be appreciated. Overnight Rentals are allowed. There are 2 great Westside Restaurants nearby by Boat or Car. Fox Hollow and Possum Hollow, and the small Charming Town of Graham is only a 20min drive away for Amenities, Markets and Dining, plus local mercantile shops are only 10mis away. Then the Famous Hell's Gate is a Gorgeous Boat cruise around to the other side of the Lake to watch the Spectacular Sunsets of PK, and then you can stop and dine on the way back at everyone's Favorite Lake Restaurant on the Peninsula, Hemingway's.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2024
Materials
- Foundation: Slab
- Roof: Metal
- Construction materials: Metal Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Barndominium
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Ice Maker
Features
- Cathedral Ceiling(s),Open Floorplan
- Flooring: Concrete
Interior Area
- Total interior livable area: 2,592 sqft
Living Room
- Level: First
- Dimensions: 1 x 1
Utility Room
- Level: First
- Dimensions: 1 x 1
Property
Accessibility
- Accessibility features: Accessible Doors
Details
- Parcel number: 566809
- Exclusions: Personal Belongings and all in Shop and Dock.
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Covered
- Exterior features: Boat Slip,Dock
- Fencing: Metal,Wood
- Has view: Yes
- View description: Park/Greenbelt,Water
- Has water view: Yes
- On waterfront: Yes
- Waterfront features: Boat Dock/Slip,Boat Ramp/Lift Access,Lake Front,Waterfront
- Waterbody name: Possum Kingdom
Lot
- Lot size: 2.69 Acres
- Features: Acreage,Back Yard,Cleared,Hardwood Trees,Lawn,Many Trees,Sloped,Wooded,Waterfront,Retaining Wall
Parking
- Total spaces: 8
- Parking features: Additional Parking,Covered,Driveway,Electric Gate,Lighted,Oversized,RV Carport,Garage Faces Side,RV Access/Parking
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 8
- Carport: Yes
- Carport 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
- 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 | $8,591 | $103,092 |
| Home Insurance * | $2,109 | $25,308 |
| Property Taxes | $1,514 | $18,168 |
| Electricity | $284 | $3,415 |
| Total | $12,498 | $149,976 |
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 |
|---|---|---|
| 2026-04-25 | Price change | $1,699,000 |
| 2026-04-11 | Price change | $1,749,000 |
| 2026-03-13 | Listed for sale | $1,799,000 |
For Sale by Agent
View on Zillow