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Rough estimate — a quick conversation with James dials in the real number.
Automated range from 28 comparable homes currently listed in ZIP 76450 (asking prices for similar size and bedrooms — not sale prices). Not an appraisal or broker price opinion.
Turnkey investment opportunity with a lake view! This Lake Graham leasehold property offers incredible financial flexibility and cash flow potential, easily functioning as a full-time residence, an income generator, or a blended-use retreat. Includes two distinct, beautifully updated residences built in 2022. The 1,200 sq. ft. house offers a comfortable 1 large ensuite bedroom with a bathroom and walk-in closet connecting to a utility room with washer and dryer hookups. The open concept kitchen and living room combo features granite-countertops beneath vaulted ceilings. Both the living room and the bedroom have sliding doors access to a covered back porch with multiple seating and dining spaces facing the western sky lake view for morning coffee, afternoon drinks, and family cookouts. Includes a half bath for guests and gatherings. Under the same roof as the main house is a 600 square foot carport workshop that could converted to extra living space if needed. Both the main house and the efficiency apartment boast custom granite countertops with modern finishes in the kitchens and bathrooms with luxury wood like vinyl flooring throughout. The property's income potential is the separate 600 sq. ft. efficiency apartment, currently operating as an affiliated AirBNB, generating 1,000–1,500 monthly. This apartment was designed as a handicap accessible unit with it's own kitchen, bedroom, and bathroom. The yard has a sprinkler system with the water supplied from Lake Graham. Included is a parking space ready for a travel trailer with water and sewer hookups for personal use or as another rental potential. Along with storage container on site, the sellers are open to negotiating most of furnishings (except for some family heirlooms), furniture, appliances, tools, and yard equipment, The City of Graham leasehold is currently $1,000 a year (discounts available for 65+ and homestead). This is a rare chance to offset your lake lifestyle with established income.
0 days on market · Listing updated Oct 17, 2026, 11:11 PM CT
Listed by: Austin Chamness, Weatherbee Real Estate (940) 549-2152
Source: NTREIS · MLS #: 21414433
Facts are from the listing on the NTREIS MLS, shown as provided. Verify anything important to you.
School assignments come from the MLS and can change, so confirm them with the district. For school ratings and accountability reports, see GreatSchools.org and TXschools.gov (Texas Education Agency). Information provided for general reference; buyers should independently verify schools, districts, and community details.
Lk Graham subdivision · Graham, TX 76450 · Young County
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