Welcome to 1008 Waterfall Way, an extraordinary cabin retreat nestled within the prestigious Harbor community at Possum Kingdom Lake! This one-of-a-kind property offers a truly remarkable setting, surrounded by immaculate landscaping, beautifully manicured grounds, and a picturesque water feature winding through the property. The entire property feels like your own private resort. The main residence features 3 bedrooms and 3 bathrooms, complemented by two separate guest apartments, each complete with a living area, kitchenette, bedroom, and bathroom. This unique layout is perfect for hosting family and friends while providing everyone their own private retreat. Just a short drive to the lake, you'll also enjoy The Harbor's exceptional amenities, including resort-style pools, fitness center, tennis courts, walking trails, and year-round recreation. Whether you're looking for a peaceful weekend escape or a place to gather with family for generations, this extraordinary property offers an unforgettable Possum Kingdom Lake experience!
Single-familyProperty Type
2008Year Built
0.72 acresLot Size
$482Price/Sq.Ft.
$913/moHOA Dues
1 garage spacesParking
Listed by Michael Avidon• Century 21 Mike Bowman, Inc.
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Around this home
Schools
K - 12
Preschool & daycare
Graford School
Public PreK-12 • Assigned • 11.6mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Market insights
1008 Waterfall Way · $1,449,000
DAYS ON MARKET
2 days
The average home goes pending in 63 days.
SALE-TO-LIST
97.0%
Most homes are selling 3% below list price.
LIST PRICE
$1,449,000
Median sale price in this area is $224,151. (85% lower than this home)
PRICE DROP
0 price drops
19% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Three living areas
Three dining areas
Built-in features
Chandelier and decorative lighting
Double vanity
Eat-in kitchen
Flat-screen wiring
Granite counters
High-speed internet available
In-law suite floor plan
Kitchen island
Open floor plan
Smart home system
Sound system wiring
Vaulted ceilings
Walk-in closets
Bay windows
Window coverings
Bedrooms
Six bedrooms
Bathrooms
Five full bathrooms
One half bathroom
Kitchen
Dishwasher
Disposal
Gas cooktop
Ice maker
Microwave
Refrigerator
Kitchen plumbed for gas
Laundry & utility
Full-size washer and dryer area
Gas water heater
Tankless water heater
Flooring
Ceramic tile
Wood
Heating & cooling
Central heating
Propane heating
Central air conditioning
Electric cooling
Ceiling fans
Two wood-burning fireplaces
Exterior features
Balcony
Covered deck
Covered porch
Fire pit
Gutters
Outdoor living center
Metal and split-rail fencing
Covered deck and porches, including rear, side, and wraparound porches
Awning
Indoor heated gunite pool
Greenbelt setting
Landscaped grounds with many trees, including cedar
Sprinkler system
Possum Kingdom waterfront
Home design
Two levels
Parking
One-car garage
One-car carport
Additional parking
Two covered parking spaces
Construction
Built in 2008
Rock, stone, and wood construction
Metal roof
Pillar/post/pier foundation
Utilities
City water
Co-op electric
Private sewer
HOA & community
Mandatory association
Annual association fee of $10,950
Association fee includes full use of facilities
Community amenities include a boat ramp, community pool, fishing, fitness center, gated and guarded entrance, jogging and biking paths, perimeter fencing, playground, curbs, and greenbelt
Electricity and solar
View estimated energy costs and solar savings for this home
Charming cabin nestled among lush landscape in the beautiful gated community of The Harbor on Possum Kingdom Lake. This large corner property offers many authentic rustic features and gorgeous vaulted beamed ceilings The main home boasts lower level master suite, upper loft area which serves as bunk room or addition living space as well as Upper guest room with ensuite bath, all comfortably appointed. This property also includes detached spacious guest quarters complete with kitchenette. Huge wrap around porch with handsome stone fireplace, peaceful water feature, native stone surround hot tub or cool tub and lush grounds are perfect for relaxing or entertaining. The Harbor is host to two resort pools, Patterson Marina, a spa, fitness center, walking trails, stocked ponds, a chapel, playground and sport courts. Mostly furnished and ready to enjoy!
Public Records
Feb 18, 2020
Sold
*
NTREIS #13949683
Feb 14, 2020
Sold
*
Jan 25, 2020
Pending
—
Jan 19, 2020
Contingent
—
May 17, 2019
Price Changed
$695,000
$231/sq ft
Apr 8, 2019
Price Changed
$740,000
$246/sq ft
Jan 23, 2019
Price Changed
$785,000
$261/sq ft
Oct 9, 2018
Listed
$819,000
$273/sq ft
Charming, cozy cabin on a large, private, lushly-landscaped lot with spacious guest quarters (your guests won't want to leave!) This is what you think of when you think of a cabin. It was built with authentic, rustic finishes inside and out to achieve that cabin feel, yet luxurious accommodations make it very comfortable for a large group. The sights and sounds of all the water features on the property will only add to your enjoyment. There is an abundance of amenities in The Harbor too--two resort pools, the Scenic Point Grille, Patterson Marina, a spa, fitness center, walk trails, stocked ponds, a chapel, playground and sport courts. This is truly a great getaway from life as you know it and at a great value!
NTREIS #13775368
Oct 1, 2018
Listing Removed
—
Sep 7, 2018
Price Changed
$819,000
$273/sq ft
Jul 30, 2018
Price Changed
$950,000
$316/sq ft
Apr 28, 2018
Price Changed
$1,100,000
$366/sq ft
Feb 9, 2018
Listed
$1,249,000
$416/sq ft
Public Records
Mar 9, 2009
Sold
*
Year
Property tax
Land + Additions
Assessment*
2026
$17,714 (+2.4%)
$132,920 + $868,320
$1,001,240
2025
$17,297 (−7.1%)
$132,920 + $853,180
$986,100
2024
$18,624 (+4.0%)
$132,920 + $853,180
$986,100
2023
$17,911 (−4.6%)
$132,920 + $787,080
$920,000
2022
$18,778 (+6.9%)
$132,920 + $787,080
$920,000
2021
$17,562 (−7.1%)
$132,920 + $636,670
$769,590
2020
$18,910 (−1.9%)
$132,920 + $636,670
$769,590
2019
$19,275
$132,920 + $650,060
$782,980
2018
$19,290 (+1.0%)
$132,920 + $650,060
$782,980
2017
$19,101 (+40.2%)
$132,920 + $651,730
$784,650
2016
$13,621 (+0.4%)
$132,920 + $651,730
$784,650
2015
$13,570 (+2.0%)
$132,920 + $444,080
$577,000
2014
$13,303
$132,920 + $437,490
$570,410
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.72 Acres
Year renovated
—
Finished Sq. Ft.
2,847
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,847
Year built
2008
Style
Single Family Residential
County
Palo Pinto County
APN
R000034457
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 14, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
7/10 Fire Factor
23% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 108° expected this year, 22 days in 30 years
4/10 Wind Factor
15% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Graford, TX • 76449
Average low and high temperatures (°F)
56
32
67
39
78
51
79
58
83
62
92
73
96
74
94
73
92
66
84
58
73
48
64
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
6.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1008 Waterfall Way
$1,447,049
$1,951 under list price of $1.45M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $699K to $2.5M.