1505 Mcadams Road, Possum Kingdom Lake, TX 76449
Local realty services provided by:Better Homes and Gardens Real Estate The Bell Group
Listed by:vee hanssen(940) 779-1111
Office:possum kingdom real estate
MLS#:20933743
Source:GDAR
Price summary
- Price:$895,000
- Price per sq. ft.:$424.77
About this home
Prime Lakefront Opportunity! This older 3-bed, 2-bath cabin sits on a prime, level lakefront lot in a protected no-wake cove with 20’+ deep water at the dock—ideal conditions for a high-end custom build or luxury vacation retreat. The existing cozy cabin offers large windows with lake views, an open kitchen-living area, a finished room just off the kitchen serves as convenient storage, and a covered porch facing the water, but the real value lies in the incredible lakefront lot: level spacious yard with seawall and easy level walk out to a nice covered deep water boat dock, mature trees, and sunset views that set the stage for a spectacular new build. With steel siding, low-maintenance roof, and comes furnished with short-term rental potential, you can generate income now while planning your future dream project. Lakefronts in popular areas with all these desirable characteristics like this are hard to find—redevelop now or hold for long-term value.
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Home facts
- Year built:1960
- Listing ID #:20933743
- Added:140 day(s) ago
- Updated:October 04, 2025 at 11:41 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,107 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air
- Heating:Central, Fireplaces
Structure and exterior
- Roof:Metal
- Year built:1960
- Building area:2,107 sq. ft.
- Lot area:0.38 Acres
Schools
- High school:Graford
- Middle school:Graford
- Elementary school:Graford
Finances and disclosures
- Price:$895,000
- Price per sq. ft.:$424.77
- Tax amount:$11,925
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