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Fm 1148

Graham, Texas 76450
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Acres10.50

Acres(Lot)

Perched above the stunning waters of Possum Kingdom Lake, this 10.5-acre hilltop retreat offers some of the most captivating views in the area. Rolling elevation changes, rugged natural beauty, and expansive lake vistas create an extraordinary backdrop for your future custom home, vacation retreat, or investment property. With a public boat ramp less than half a mile away and deep-water access nearby, you'll enjoy the best of lake living while maintaining the privacy and serenity that only acreage can provide. Explore the property's scenic terrain, abundant wildlife, and multiple potential homesites, each showcasing breathtaking views of Possum Kingdom Lake and the surrounding Texas landscape. A rare opportunity to own a premier piece of lake-view acreage in one of North Texas' most sought -after recreational destinations.

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Detail Ic Property Details

Property Type : Land

Price : $199,000

AD Id : 84904553

MLS Id : 563771050

Lot Size : 10.50 Acres(Lot)

County : Palo Pinto

Subdivision: Shannon Crk Ph 3b

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Feature Features

  • Utilities

    All Weather Road,Asphalt,Electricity Available

  • Fencing

    None

  • Lot Information

    Lot Size (Acr): 10.5000 Lot Size Units: Acres Lot Size Square Feet: 457,380 Lot Features: Acreage,Brush,Few Trees,Gullies,Hilly,Interior Lot,Rugged,Steep Slope,Water/Lake View
  • Property Information

    Property Type: Land Property Sub Type: Unimproved Land Subdivision: AB 420 TR 2-2 SPRR CO City: Graham State: Texas Directions: From Graham, head south on TX-16. Slight right to stay on FM1287. Turn left on FM 1148, go about 7.5 miles. Look for banner on property. It will be to your left. Property Status: Active

  • Listing Price Information

    Original List Price: $199,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 567072 Tax Legal Description: ACRES: 10.500 AB 420 TR 2-2 SPRR CO G#10420-0 Unexempt Taxes: $3,535

  • Homeowners Association Information

    HOA Type: None

  • School Information

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

    Utilities: All Weather Road,Asphalt,Electricity Available
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
TBD LOT 20 Clearwater P.., Graham, TX, 76450 $239,900 -- -- -- 0.51 Acre(Lot)
5908 Tx-16, Graham, TX, 76450 $2,495,000 -- -- -- 314.39 Acres(Lot)
0000 Hwy 16 N, Graham, TX, 76450 $1,149,000 -- -- -- 153 Acres(Lot)
TBD Shawnee Court, Graham, TX, 76450 $649,000 -- -- -- 0.97 Acre(Lot)
137 White Moon Road, Graham, TX, 76450 $159,900 -- -- -- 0.50 Acre(Lot)
121 White Moon Road, Graham, TX, 76450 $230,000 -- -- -- 0.72 Acre(Lot)
3257 Finis Road, Graham, TX, 76450 $1,285,000 -- -- -- 80 Acres(Lot)
000 Turtle Hole Road, Graham, TX, 76450 $255,000 -- -- -- 18.16 Acres(Lot)
1079 Clearwater Point, Graham, TX, 76450 $165,000 -- -- -- 1.03 Acres(Lot)
1685 Rocky Mound Road, Graham, TX, 76450 $699,000 -- -- -- 79.73 Acres(Lot)
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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 06/22/2026 @ 12:59

MLS: 563771050 LISTED BY: Diane Wallace, Cates & Company 817-360-3116 SOURCE: NTREIS - North Texas Real Estate Information

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