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$799,000
↓ $16K (2%)
● House - For Sale

4551 FM 1148

Possum Kingdom Lake, TX 76450
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,194 Ft²
$3,924
Est. Monthly

About This Property

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.
Unit Size
2,194 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$364
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

Listed By

Ava Fernandez
Lake Homes Realty, LLC

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Last updated: 3 months ago (NTREIS #21269990)

Price History

Date / Event Date Event Price
May 29, 2026 Price Decreased $799,000
↓ $16K (2%)
Price Decreased
May 13, 2026 Listed by Smart Realty $815,000
Listed by Smart Realty
Apr 25, 2026 No longer available -
No longer available
Oct 29, 2025 Listed by Smart Realty $815,000
Listed by Smart Realty
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.
Apr 16, 2025 Withdrawn -
Withdrawn
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Property Highlights

Parking Available
Garage
Fireplace
Parking Details
Parking Features: Additional Parking, Boat, Concrete
Interior Details
Full Bathrooms: 2
Interior Features: High Speed Internet
Appliances: Dryer, Electric Oven, Microwave, Refrigerator, Washer
Has Fireplace
Fireplace Features: Family Room
Fireplaces: 1
Exterior Details
Square Footage: 2194
Year Built: 1986
Waterfront Features: Lake Front, Dock – Covered
Levels: One
Lot Size Area: 0.474
Lot Size Units: Acres
Lot Size Acres: 0.474
Lot Size Square Feet: 20647.44

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 4551 FM 1148 Drive built and last sold?
The property at 4551 FM 1148 Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4551 FM 1148 Drive is $792,924.
What are some comparable homes to 4551 FM 1148 Drive?
There are currently no comparable homes to 4551 FM 1148 Drive.