Lake Stamford, a reservoir formed by Stamford Dam, is located 10 miles (16 km) northeast of Stamford, Texas in southeastern Haskell County. The lake had a storage capacity in 1999 of 51,573 acre feet (63,614,000 m³) and drains an area of 368 square miles (950 km²). Due to sedimentation, the estimated capacity as of 2013 is 50,061 acre·ft (61,749,000 m³). The City of Stamford owns the lake and half the water rights to Lake Stamford, while AEP owns the other half.