4551 Fm 1148, Possum Kingdom Lake, TX

$799,000

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3

Beds

2

Baths

2,194

Square feet

0.47

Acres

About 4551 Fm 1148

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.

Features of 4551 Fm 1148

MLS® # 21269990
Price $799,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 2,194
Acres 0.47
Year Built 1986
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 4551 Fm 1148
Subdivision West Side
City Possum Kingdom Lake
County Palo Pinto
State TX
Zip Code 76450

Amenities

Utilities City Water, Co-op Electric, Septic
Garages Additional Parking, Concrete, Boat
Is Waterfront Yes
Waterfront Dock – Covered, Lake Front
Has Pool No

Interior

Interior Features High Speed Internet Available
Fireplace Yes
# of Fireplaces 1
Fireplaces Family Room

School Information

District Graford ISD
Elementary Graford
Middle Graford
High Graford

Listing Details

AgentAva Fernandez
OfficeSmart Realty
Contact Info817-999-3067

Listing Map

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