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4551 Fm 1148

Possum Kingdom Lake, Texas 76450
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Bed 3

Bed

Bath 2

Bath

SqFt2,194

Sqft

Acres0.47

Acre(Lot)

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 la ke 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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Detail Ic Property Details

Property Type : Residential

Price : $799,000

AD Id : 78469088

MLS Id : 561860650

Beds : 3

Lot Size : 0.47 Acre

Living Area Size : 2,194

Year Built : 1986

County : Palo Pinto

Subdivision: Trinity Falls Planning Unit 1 Ph 2b

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Feature Features

  • Bedroom Information

    Total Bedrooms: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2 Half Baths: 0
  • Interior Features

    High Speed Internet Available

    Appliances

    Dryer,Electric Oven,Microwave,Refrigerator,Washer

    Utilities

    City Water,Co-op Electric,Septic
  • Fireplace

    Number of Fireplaces: 1 Fireplace Features: Family Room

  • Building Information

    Built Year: 1986

  • Lot Information

    Lot Size (Acr): 0.4740 Lot Size Units: Acres Lot Size Square Feet: 20,647
  • Property Information

    SQ ft (Living Area): 2,194 Property Type: Residential Property Sub Type: Single Family Residence Subdivision: West Side City: Possum Kingdom Lake State: Texas Directions: South out of Graham on FM 1287. Left on FM 1148. Cabin is on the right just before you get to Bass Hollow entrance Property Status: Active Levels: One Property Age: 40

  • Listing Price Information

    Original List Price: $799,000 List Price Tot SqFt: $364
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 23051

  • Parking Information

    Carport Spaces: 2 Parking Features: Additional Parking,Boat,Concrete
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Graford Middle School: Graford High School: Graford School District: Graford ISD
  • Utility Information

    Utilities: City Water,Co-op Electric,Septic
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5405 Edgewater Drive, Possum Kingdom Lake, TX, 76450 $3,995,000 4 6 3,610 3,610 SqFt
4812 Sunset Lane #36, Possum Kingdom Lake, TX, 76450 $369,900 3 2 1,456 1,456 SqFt
4705 Fox Hollow #18, Possum Kingdom Lake, TX, 76450 $32,000 3 1 840 840 SqFt
4513 Chapel Road, Possum Kingdom Lake, TX, 76450 $998,000 2 2 1,448 1,448 SqFt
166 Quiten Lane, Possum Kingdom Lake, TX, 76450 $355,000 4 2 2,356 2,356 SqFt
200 Retreat Drive #7, Possum Kingdom Lake, TX, 76450 $124,900 2 1 665 665 SqFt
15 PR 3004, Possum Kingdom Lake, TX, 76450 $1,495,000 4 5 2,976 2,976 SqFt
4713 Fox Hollow Road, Possum Kingdom Lake, TX, 76450 $799,000 3 2 1,680 1,680 SqFt
4843 Pike Road, Possum Kingdom Lake, TX, 76450 $595,000 5 3 3,157 3,157 SqFt
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/21/2026 @ 18:30

MLS: 561860650 LISTED BY: Ava Fernandez, Smart Realty 325-627-8984 SOURCE: NTREIS - North Texas Real Estate Information

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