4551 FM 1148, POSSUM KINGDOM LAKE, TX 76450
Homes for sale in Possum Kingdom Lake.
Homes for sale in 76450.
4551 Fm 1148
Possum Kingdom Lake, TX 76450
List Price$815,000
Listing #21097550
About This Property
Waterfront Cabin on Possum Kingdom Lake with a 2-story dock! Awesome lakefront cabin located on the sought-after West Side of Possum Kingdom Lake featuring a 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.
Property Features
Location Information
County
Palo Pinto
Subdivision
Pk Lake
Interior Features
Rooms
First Floor Bedroom, First Floor Living Room, First Floor Primary Bedroom
Number of Fireplaces
1
Interior
High Speed Internet, Open Floorplan, Paneling/Wainscoting
Heating
Central, Fireplace(s)
Master Bedroom Description
0 x 0
Cooling
Central Air, Wall/Window Unit(s)
Full Baths
2
Floors
Luxury Vinyl Plank
Living Room Description
0 x 0
Appliances
Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
Has Fireplace
Yes
Exterior Features
Stories
1
Pool Description
None
Exterior
Dock, Private Yard
Other Structures
Workshop
Foundation
Pillar/Post/Pier
Lot Description
Back Yard, Interior Lot, Lawn, Waterfront
Roof
Metal
Lot Size in Acres
0.474
Water / Sewer
Electricity Available, Septic Available, Water Available
Lot Size in Sq. Ft.
20,647
Utilities
Electricity Available, Septic Available, Water Available
Road Description
Asphalt
Security System
Security Gate
Lake Name
Possum Kingdom
Parking Description
Additional Parking, Concrete, Covered, Detached Carport, Electric Gate, Gated, Private, Boat, RV Access/Parking
Waterfront Description
Boat Dock/Slip, Lake Front, Waterfront
Garage Spaces
2
Has Waterfront
Yes
Fencing
Full, Gate
Is One Story
Yes
Patio / Deck Description
Covered
Lot Description
Back Yard, Interior Lot, Lawn, Waterfront, Boat Dock/Slip, Lake Front, Waterfront
School
Elementary School District
Graford ISD
Jr. High School
Graford
Elementary School
Graford
High School
Graford
Additional Information
Property Type
SFR
Status
Active
Property SubType 2
House
Has a Home Owners Association
No
Property SubType
Single Family Residence
Tax Annual Amount
5518.0
Year Built
1986
Exclusions
Personal items
Similar Listings
Mortgage Calculator
$3,805
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,936
Monthly Tax
$679
Monthly Insurance
$190
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Ava Fernandez, Smart Realty
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NTREIS - North Texas data last updated at January 24, 2026, 11:26 AM CT
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