# FM 1148, Graham, TX 76450 > **TL;DR:** land, $199,000. > View. Est. $1,064/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $199,000 | | Lot Size | 457,380 sqft (10.50 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 0 | ## Why This Home Stands Out - **Views** - Water ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,006 | | Estimated Insurance | $58 | | **Total** | **$1,064** | ## Nearby Schools - **Elementary:** Graford - **Middle:** Graford - **High:** Graford ## Key Amenities - View ## Property Highlights - 10.50 acre lot ## Description ### Agent Description Perched above the stunning waters of Possum Kingdom Lake, this 10.5-acre hilltop retreat offers some of the most captivating views in the area. Rolling elevation changes, rugged natural beauty, and expansive lake vistas create an extraordinary backdrop for your future custom home, vacation retreat, or investment property. With a public boat ramp less than half a mile away and deep-water access nearby, you'll enjoy the best of lake living while maintaining the privacy and serenity that only acreage can provide. Explore the property's scenic terrain, abundant wildlife, and multiple potential homesites, each showcasing breathtaking views of Possum Kingdom Lake and the surrounding Texas landscape. A rare opportunity to own a premier piece of lake-view acreage in one of North Texas' most sought-after recreational destinations. ## Location - **Address:** FM 1148, Graham, TX 76450 - **County:** Palo Pinto - **Neighborhood:** AB 420 TR 2-2 SPRR CO - **Coordinates:** 32.894055, -98.588795 - **Google Maps:** https://www.google.com/maps?q=32.894055,-98.588795 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/21294714 ## Listing Agent - **Name:** Diane Wallace - **Brokerage:** Cates Realty Group LLC dba Cates & Company - **Phone:** (817) 946-7775 - **Broker Phone:** (817) 946-7775 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/Fm-1148_Graham_TX_76450_M93988-40869?f=listhub&s=NTREIS&m=21294714&c=propsimple) ## Photos ![FM 1148 - Photo 1](http://lh.rdcpix.com/7371f0f4495a3492022631d752714dc9l-f1293754839r.jpg) ![FM 1148 - Photo 2](http://lh.rdcpix.com/7371f0f4495a3492022631d752714dc9l-f1041546553r.jpg) ![FM 1148 - Photo 3](http://lh.rdcpix.com/7371f0f4495a3492022631d752714dc9l-f4203620357r.jpg) ![FM 1148 - Photo 4](http://lh.rdcpix.com/7371f0f4495a3492022631d752714dc9l-f2034623754r.jpg) ![FM 1148 - Photo 5](http://lh.rdcpix.com/7371f0f4495a3492022631d752714dc9l-f1453018850r.jpg) ![FM 1148 - Photo 6](http://lh.rdcpix.com/7371f0f4495a3492022631d752714dc9l-f1795081189r.jpg) ![FM 1148 - Photo 7](http://lh.rdcpix.com/7371f0f4495a3492022631d752714dc9l-f1711706617r.jpg) ![FM 1148 - Photo 8](http://lh.rdcpix.com/7371f0f4495a3492022631d752714dc9l-f1325570225r.jpg) ![FM 1148 - Photo 9](http://lh.rdcpix.com/7371f0f4495a3492022631d752714dc9l-f3696934396r.jpg) ![FM 1148 - Photo 10](http://lh.rdcpix.com/7371f0f4495a3492022631d752714dc9l-f3568194958r.jpg) ![FM 1148 - Photo 11](http://lh.rdcpix.com/7371f0f4495a3492022631d752714dc9l-f2697011491r.jpg) ![FM 1148 - Photo 12](http://lh.rdcpix.com/7371f0f4495a3492022631d752714dc9l-f2180006839r.jpg) ![FM 1148 - Photo 13](http://lh.rdcpix.com/7371f0f4495a3492022631d752714dc9l-f2950942002r.jpg) ![FM 1148 - Photo 14](http://lh.rdcpix.com/7371f0f4495a3492022631d752714dc9l-f642537720r.jpg) ![FM 1148 - Photo 15](http://lh.rdcpix.com/7371f0f4495a3492022631d752714dc9l-f235746197r.jpg) ![FM 1148 - Photo 16](http://lh.rdcpix.com/7371f0f4495a3492022631d752714dc9l-f3436739982r.jpg) ![FM 1148 - Photo 17](http://lh.rdcpix.com/7371f0f4495a3492022631d752714dc9l-f1874772419r.jpg) ![FM 1148 - Photo 18](http://lh.rdcpix.com/7371f0f4495a3492022631d752714dc9l-f2591639527r.jpg) ![FM 1148 - Photo 19](http://lh.rdcpix.com/7371f0f4495a3492022631d752714dc9l-f4186858044r.jpg) ![FM 1148 - Photo 20](http://lh.rdcpix.com/7371f0f4495a3492022631d752714dc9l-f4149116025r.jpg) --- **MLS#:** 21294714 | **Updated:** 2026-09-26 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/fm-1148-graham-tx-76450-21294714) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/fm-1148-graham-tx-76450-21294714#listing", "url": "https://www.propertysimple.ai/listing/fm-1148-graham-tx-76450-21294714", "name": "FM 1148, Graham, TX 76450", "description": "Perched above the stunning waters of Possum Kingdom Lake, this 10.5-acre hilltop retreat offers some of the most captivating views in the area. Rolling elevation changes, rugged natural beauty, and expansive lake vistas create an extraordinary backdrop for your future custom home, vacation retreat, or investment property. 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