538 FM 52 Located near Graford in Palo Pinto County, this tract pairs genuine water resources with strong recreational and development appeal. Four (4) wells producing 244, 800 gallons per day supply ample water for recreation, residential, or commercial use. Rolling topography delivers elevated, unobstructed views and terrain well suited for estate-lot subdivision or a range of personal and small business uses. Recreation includes deer, turkey, and hogs on site, plus a one (1) acre enclosed food plot. Direct frontage on Highway 52 and quick access to the area's major thoroughfares keep utilities and services within easy reach while the land itself stays open and private. Water-Secured - Four on-site production wells - reliable feature most area acreage lacks. Four (4) wells, 700 ft deep, 244, 800 gallons per day (170 GPM) combined output Elevated Views - Rolling topography creates high points with long, unobstructed views across multiple potential build sites. FM 52 Frontage - Direct frontage on FM 52 offers flexible access, convenient utility connections, and an easy link to the area's major thoroughfares. Town-Adjacent & Lake-Proximate - Close to Graford and Possum Kingdom Lake, keeping services, schools, and infrastructure within reach while the land stays open and private. Versatile Use - The size, terrain, and access support estate-lot subdivision or a range of personal and small-business uses. House: Three (3) bed, Two (2) bath, 1, 120 SF, with a 560 SF Patio Barn: 2, 400 SF barn (open on both sides) with two (2) shipping containers for storage High-yield multi-well water asset: Four high-yield wells producing 244, 800 gallons per day. Rare land and water combination in Palo Pinto County. Two stock tanks supporting livestock operations and recreational use. Provides drought-resilient water supply. Efficiently delivers water to four separate areas of the property. Capacity to support recreational lakes and intensive irrigation systems. Water! Water! Water!