HomesPossum Kingdom Lake › 4551 FM 1148
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$799,000

4551 FM 1148

Possum Kingdom Lake, TX 76450 · West Side · Palo Pinto County
ActiveMLS #21269990 · Single Family Residence
3Beds
2Baths
2,194Sq Ft
0.474Acres
1986Built
Bestimate
$325,000 – $445,000

Rough estimate — a quick conversation with James dials in the real number.

Automated range from 31 comparable homes currently listed in ZIP 76450 (asking prices for similar size and bedrooms — not sale prices). Not an appraisal or broker price opinion.

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.

Courtesy of Smart Realty — listing agent Ava Fernandez
Contact the listing firm: 817-999-3067 · dewayne@smartdfwrealty.com

Home facts

Overview

Price
$799,000
Price per sq ft
$364
Status
Active
Property type
Single Family Residence
Year built
1986
Stories
1
Levels
One
Days on market
241
Price last changed
May 27, 2026

Bedrooms & bathrooms

Bedrooms
3
Full bathrooms
2
Living area
2,194 sq ft

Interior

Features
High Speed Internet
Appliances
Dryer, Electric Oven, Microwave, Refrigerator, Washer
Fireplaces
1 · Family Room

Exterior & lot

Lot size
0.474 acres · 20,647.44 sq ft
Waterfront
Yes

Parking

Carport spaces
2
Parking
Additional Parking, Boat, Concrete

HOA & taxes

HOA
No

Utilities & efficiency

Utilities
Electricity Available, Septic Available, Water Available
Water
Public
Sewer
Septic Tank

Facts are from the listing on the NTREIS MLS, shown as provided. Verify anything important to you.

Assigned schools

School assignments come from the MLS and can change, so confirm them with the district. For school ratings and accountability reports, see GreatSchools.org and TXschools.gov (Texas Education Agency). Information provided for general reference; buyers should independently verify schools, districts, and community details.

Neighborhood & nearby

West Side subdivision · Possum Kingdom Lake, TX 76450 · Palo Pinto County

Finding parks, dining, and shopping nearby…

Listing updated Jul 17, 2026, 12:02 AM CT
Presented by James Baker, Broker · MTX Realty, LLC · TREC #640642-B

Listing data last updated Sep 12, 2026, 11:29 AM CT

Information deemed reliable but not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 North Texas Real Estate Information Systems, Inc. (NTREIS). All rights reserved. Data last updated Sep 12, 2026, 11:29 AM CT.

Listings marked with the NTREIS logo are provided through the NTREIS Internet Data Exchange (IDX) program. IDX data may not be reproduced or redistributed. Status key: Active means available; Active Under Contract and Pending mean under contract but not yet closed. To report an inaccuracy, call or text 817-756-9642 or email jhbakerjr@gmail.com.