Beautiful 5-acre tract with elevated lake views in the desirable Hills Above Possum Kingdom Lake community in Graford, TX. This property offers the perfect setting for your custom home, with plenty of space, privacy, and scenic surroundings. Located in a gated development featuring paved roads and upscale amenities including a clubhouse, pool, fitness center, private boat ramp, and cabin lodging for property owners and guests. Enjoy breathtaking sunsets, abundant wildlife, and easy access to boating, fishing, and outdoor recreation at Possum Kingdom Lake. A horse is allowed and up to three out buildings are allowed. Possum Kingdom Lake is known for its expansive views, dramatic cliffs, and endless outdoor activities, with over 300 miles of shoreline to explore. Conveniently located within driving distance of the DFW Metroplex. Deed restricted to protect property values. No timeline to build. Sellers will include their proposed site plan with purchase. Property may be accessed from Canyon Wren Loop or Shooting Star Court. Shooting Star Court is a cul-de-sac location. Lot 309 is included with Lot 264 (combined as 264 & 309R). See survey for details.