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4551 Fm 1148, Possum Kingdom Lake, Texas– $799,000
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  • $799k Price
  • 3 Beds
  • 2 Baths
  • 2,194 Sqft
  • .47 Acres
  • 1986 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • $799k Price
  • 3 Beds
  • 2 Baths
  • 2,194 Sqft
  • .47 Acres
  • 1986 Year Built
  • Study
  • Game Room
  • Media
  • Pool

4551 Fm 1148
Possum Kingdom Lake, Texas 76450

County: Palo Pinto West Side

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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Tax Value @ 100% of Sales Price, HOA Included
Tax Value @ 85% of Market Value, HOA Not Included

Essential Information

  • Price$799,000
  • Est. Payment /m
  • Reduced By$16,000
  • Cumulative Days on MarketUnlock
  • MLS® #21269990
  • Bedrooms3
  • Bathrooms2.00
  • Square Footage2,194
  • Acres0.47
  • Year Built1986
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive
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Quick Valuation Analysis from 3 Active and 3 Sold Listings

Pricing Trends from 3 Active Listings in West Side

This Home's Price $799,000 This Home's Price Per SqFt $
Average Price $866,000 Average Price Per SqFt $
Highest Price $999,999 Highest Price Per SqFt $
Lowest Price $799,000 Lowest Price Per SqFt $

Pricing Trends from 3 Sold Listings in West Side

This Home's Price $799,000 This Home's Price Per SqFt $
Average Price $474,667 Average Price Per SqFt $
Highest Price $650,000 Highest Price Per SqFt $
Lowest Price $299,000 Lowest Price Per SqFt $

Property Details

School Information

Community

Amenities

  • GaragesAdditional Parking, Boat, Concrete
  • WaterfrontYes
  • WaterfrontDock – Covered, Lake Front

Interior

  • Interior FeaturesHigh Speed Internet Available
  • FireplaceYes
  • # of Fireplaces1
  • FireplacesFamily Room

Construction Details / Floorplan

  • Living Areas1
  • Dining Rooms1
  • Full Baths2

Private Listing Information (Registration Required)

Listing Details

  • AgentAva Fernandez
  • OfficeSmart Realty

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Photo of Listing #21199982 Reduced 31%

4513 Chapel Road Possum Kingdom Lake, Texas 76450-5811 Palo Pinto | Graford ISD West Side

- $799,000

Residential, Single Family Residence
  • 2 Beds
  • 2 Baths
  • 1,448 SQFT
  • 3 Car
View details More Photos Save

Discover An Exceptional Waterfront Retreat Designed For Both Relaxation And Unforgettable Entertaining. This Stunning 2 Bed, 2 Bath Home Sits On The Highly Sought After West Side, Offering Breathtaking Water Views And Unmatched Amenities For Lake ...

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Listing information last updated on October 27th, 2026 at 4:18pm CDT.