About This Home

This 3-bedroom, 2-bathroom single family at 4551 FM 1148 in Possum Kingdom Lake, TX is listed for $799,000 ($364 per sqft). Built in 1986, the home offers 2,194 sqft of living space on a 0.47 acres lot.

Key Features

  • Built in 1986
  • 0.47 acre lot
  • Fireplace
  • Waterfront

Property Details

1 story
2 full
1986

Amenities

FireplaceWaterfrontRV Parking
Listing Description

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.

Monthly Cost Estimate

$4,273/mo

20% down · 6.5% · 30 years

Principal$578
Interest$3,462
Insurance$233

Estimates only. Actual payments may vary.

Location

4551 FM 1148

Possum Kingdom Lake, TX 76450

West Side

Features & Amenities

Interior Features

HighSpeedInternet

Property Details

Parking

Boat

Appliances

DryerElectricOvenMicrowaveRefrigeratorWasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 4551 FM 1148 is listed at $799,000 ($364/sqft). The estimated monthly payment is $4,273 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1986, 0.47 acre lot, Fireplace, Waterfront. Interior Features: HighSpeedInternet.

This property is listed by Ava Fernandez.

AF

Ava Fernandez

Agent at Smart Realty

Listed by Smart Realty · Broker phone: (817) 999-3067 · View on Broker Site · Broker website

MLS# 21269990· Source: North Texas Real Estate Information Systems, Inc.· 4 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4551 FM 1148, Possum Kingdom Lake, TX 76450

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