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Listing provided courtesy of Smart Realty- MLS# 21269990MLS ProviderContact Information: Ava Fernandez - 817-999-3067

4551 FM 1148Possum Kingdom Lake, TX 76450

Single Family · 3 Beds · 2 Full Baths · 2,194 Sq. ft. | 0.47 Acres
$799,000 Active

4551 FM 1148 Overview

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The price changed just in time for summer, but the million-dollar lake views didn’t! Waterfront home on Possum Kingdom Lake with a 2-story dock! Designed for making memories, this lakefront retreat located on the sought-after West Side of Possum Kingdom Lake features a large dock ready to hold your lake toys, a gentle beach entry, and beautiful lake views. The home offers a large lakeside entertaining room, multiple patios, and a fully fenced yard for ultimate privacy. Enjoy a spacious grassy yard, covered parking, air-conditioned storage shed, and ample concrete parking for boats or RVs. Conveniently located 15 minutes from the charming town of Graham, with restaurants and amenities around the corner. Upgraded throughout, sold fully furnished, and approved for short-term rentals — this lake retreat is perfect for entertaining, relaxing, or generating income. Motivated seller! Your summer 2026 could be spent here! Sunsets, boating, and lake life included.

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4551 FM 1148 Facts & Features

  • Type Single Family
  • Sq. ft. 2,194
  • Price/Sq.ft. $364
  • Lot 0.47 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Graford ISD
  • Elementary School: Graford
  • Middle Or Junior School: Graford
  • High School: Graford

Building Information

  • Year Built: 1986

Location/Region

  • Country: US
  • County Or Parish: Palo Pinto
  • Postal City: GRAHAM
  • Subdivision Name: West Side

General Information

  • Parcel Number: 23051
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

General Information

  • Appliances: Dryer,Electric Oven,Microwave,Refrigerator,Washer
  • Basement: No
  • Fireplace Features: Family Room
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Interior Features: High Speed Internet
  • Levels: One
  • Living Area: 2194.0
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Additional Parking,Boat,Concrete

Lot Information

  • Lot Size Acres: 0.474
  • Lot Size Area: 0.474
  • Lot Size Square Feet: 20647.44
  • Lot Size Units: Acres
  • Water Source: Public

Waterfront/View

  • Waterfront Features: Boat Dock/Slip,Lake Front
  • Waterfront: Yes

Building Exterior/Construction

  • Property Attached: No
  • Structure Type: House

General Information

  • Carport Spaces: 2.0
  • Carport: Yes
  • Covered Spaces: 2.0
  • Pool Features: None
  • Sewer: Septic Tank
  • Utilities: Electricity Available,Septic Available,Water Available

Room Information

Room: Bedroom

  • Level: First
  • Dimensions: 20 x 14
  • Length: 20.0
  • Width: 14.0

Room: Bedroom

  • Level: First
  • Dimensions: 14 x 14
  • Length: 14.0
  • Width: 14.0

Room: Living Room

  • Level: First
  • Dimensions: 20 x 30
  • Length: 20.0
  • Width: 30.0

Room: Primary Bedroom

  • Level: First
  • Dimensions: 14 x 14
  • Length: 14.0
  • Width: 14.0
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4551 FM 1148 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.
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