4551 Fm 1148

Possum Kingdom Lake , TX 76450

MLS#: 21097550

$815,000

Status: Active

Listing number: 21097550

Listing provided by: Smart Realty

Listing agent phone: None

Last update: N/A

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Property

Beds

Full Baths

1/2 Baths

None

Year Built

1986

Sq.Footage

2,194

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.

Features & Amenities

Interior

Other Interior Features

Open Floorplan, High Speed Internet
Total Bedrooms

3
Bathrooms

2
Basement YN

NO
Cooling YN

YES
Cooling

Central Air, Wall/Window Unit(s)
Fireplace YN

YES
Heating YN

YES
Heating

Central, Fireplace(s)
Pet friendly

N/A

Exterior

Garage

No
Other Exterior Features

Dock, Private Yard
Parking

Additional Parking, Boat, Concrete, Covered, Detached Carport, Electric Gate, Gated, Private, RV Access/Parking
Pool

No
Waterfront YN

YES

Area & Lot

Lot Features

Interior Lot, Waterfront
Lot Size(acres)

0.474
Property Type

Residential
Property Sub Type

Single Family Residence

Price

Sales Price

$815,000
Tax Amount

5518.0
Sq. Footage

2, 194
Price/SqFt

$371

HOA

Association

No

School District

Elementary School

Graford
Middle School

Graford
High School

Graford

Property Features

Foundation Details

Pillar/Post/Pier
Sewer

Septic Tank
Tax Lot

17A

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Location

County

Palo Pinto

Elementary School

Graford

Middle School

Graford

High School

Graford

Listing Courtesy of Ava Fernandez , Smart Realty

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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.

4551 Fm 1148

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Prime Lakefront Opportunity! This older 3-bed, 2-bath cabin sits on a prime, level lakefront lot in a protected no-wake cove with 20’+ deep water at the dock—ideal conditions for a high-end custom build or luxury vacation retreat. The existing cozy cabin offers large windows with lake views, an open kitchen-living area, a finished room just off the kitchen serves as convenient storage, and a covered porch facing the water, but the real value lies in the incredible lakefront lot: level spacious yard with seawall and easy level walk out to a nice covered deep water boat dock, mature trees, and sunset views that set the stage for a spectacular new build. With steel siding, low-maintenance roof, and comes furnished with short-term rental potential, you can generate income now while planning your future dream project. Lakefronts in popular areas with all these desirable characteristics like this are hard to find—redevelop now or hold for long-term value.

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None Beds

None Baths

N/A

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Features & Amenities

Interior

Exterior

Area & Lot

Price

HOA

School District

Property Features

Schedule a Showing

Mortgage calculator

Listing Courtesy of Ava Fernandez , Smart Realty

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