Imagine waking up to peaceful lake views, walking across your own grassy backyard to a sandy beachfront, and spending the day swimming, boating, and making memories with friends & family. This special Possum Kingdom Lake retreat offers the kind of waterfront setting that makes lake life so memorable. Situated on a level 0.48-acre lot with approximately 100 feet of shoreline in the private, gated Gaines Bend community, this property combines a desirable location with outdoor amenities. The main home offers 3 bedrooms & 2 full bathrooms, while a separate bunkhouse creates even more room for visiting family, weekend guests, and kids to enjoy their own space. The outdoor setting is where this property really comes to life. A beautiful St. Augustine lawn leads gently to a sandy beachfront, offering an inviting place for kids to play, dogs to roam, and everyone to enjoy the water. Nestled inside a protected no-wake cove, the calm swimming area provides an ideal environment for relaxing in the water without the constant boat traffic. Spend your mornings enjoying coffee on the wraparound patio, afternoons cruising PK Lake or on the boat dock, and evenings entertaining under the covered outdoor spaces. With a dedicated BBQ smoker area and circle drive, this property is designed for easy lake living and hosting the the people who matter most. Gaines Bend offers a private, gated community with a peaceful rugged atmosphere, friendly lake neighbors, two community boat ramps, and a community dock. Conveniently located on the southern end of Possum Kingdom Lake, you'll enjoy easy proximity to local restaurants, Hells Gate, and the iconic limestone cliffs that make PK Lake one of Texas' premier destinations for boating, surfing, tubing, and lake recreation. From sandy beach days to sunset cookouts and weekends filled with family & friends, this is more than a lakehouse. It's an opportunity to enjoy the Possum Kingdom Lake lifestyle you've been looking for!
Single-familyProperty Type
0.48 acresLot Size
$935Price/Sq.Ft.
$67/moHOA Dues
Listed by Jonathan Fowler• Possum Kingdom Real Estate
Incredibly updated lake house with all the right touches. Main house is has 3 bedrooms and 2 baths plus a bunkhouse for additional guests (sleeps 10 comfortably.) This house is set up to entertain both inside and out! You'll fall in love with the outdoor patios, grilling area and fire pit. The attention to detail in the cedar beams, stone work, and everything inside the house is second to none! House and boat dock are within a protected cove. Priced to sell, fully furnished with designed pieces throughout!! Don't miss this one!
NTREIS #13400021
Jan 3, 2017
Listing Removed
—
Jun 14, 2016
Listed
$637,500
$397/sq ft
Public Records
Jun 22, 2015
Sold
*
NTREIS #13101747
Jun 17, 2015
Sold
*
Jun 3, 2015
Pending
—
May 8, 2015
Contingent
—
Feb 26, 2015
Listed
$549,000
$342/sq ft
Public Records
Mar 11, 2009
Sold
*
NTREIS #11107485
Feb 23, 2009
Listing Removed
—
Nov 12, 2008
Listed
$479,000
$298/sq ft
Public Records
Jun 3, 1994
Sold
*
Year
Property tax
Land + Additions
Assessment*
2026
$19,134 (+18.4%)
$942,840 + $550,500
$1,493,340
2025
$16,159 (−4.2%)
$691,420 + $550,500
$1,241,920
2024
$16,875 (+16.9%)
$691,420 + $582,010
$1,273,430
2023
$14,441 (−11.5%)
$419,040 + $646,080
$1,065,120
2022
$16,319 (+44.7%)
$419,040 + $646,080
$1,065,120
2021
$11,278 (+11.6%)
$293,330 + $350,170
$643,500
2020
$10,105 (+13.2%)
$199,040 + $350,170
$549,210
2019
$8,924 (−15.9%)
$199,040 + $279,950
$478,990
2018
$10,607 (+2.9%)
$293,330 + $268,270
$561,600
2017
$10,311 (+10.2%)
$316,850 + $245,650
$562,500
2016
$9,361 (+10.8%)
$316,850 + $245,650
$562,500
2015
$8,445 (+2.1%)
$316,850 + $214,140
$530,990
2014
$8,274
$300,000 + $178,010
$478,010
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.48 Acres
Year renovated
—
Finished Sq. Ft.
1,333
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,333
Year built
—
Style
Single Family Residential
County
Palo Pinto County
APN
R000016430
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
21% 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
19% 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
96/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Graford. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
7.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1010 Redbud Cir
$1,488,149
$12K under list price of $1.50M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $579K to $1.4M.