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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.
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.
Key Features
- Built in 1986
- 0.47 acre lot
- Fireplace
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$4,273/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4551 FM 1148
Possum Kingdom Lake, TX 76450
West Side
Features & Amenities
Interior Features
Property Details
Parking
Heating
Appliances
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 $3,462 based on 20% down at 6.5% interest.
Key features include: Built in 1986, 0.47 acre lot, Fireplace, Waterfront. Interior Features: High Speed Internet Available.
This property is listed by Ava Fernandez and can be reached at 8179993067 or avaleefernandez@gmail.com.







