See Home Value
$1,900,000
● House - Off Market

5113 Fm 1148

Possum Kingdom Lake, TX 76450
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,462 Ft²
$9,796
Est. Monthly

About This Property

Huge price reduction at no fault of the property. Modern Chic and Classic Comfort set the mood for this impressive lakefront home with many designer touches. The Sunlit corridor leads to a comfortably appointed living space with vaulted shiplap ceilings, lovely chandelier,  gracious leather seating and an expansive glass slider offering blue water views. The eat in designer kitchen boasts gorgeous cabinetry and gourmet appliances including a sub zero like fridge. Well equipped  coffee or wine bar with built in cooler allows for ease of access from either the living or kitchen spaces. You will find Two lower guest suites off of the left wing of the home, each well appointed, one hosts a murphy bed, beautiful built in cabinets and access to a large private outdoor patio. The Upper master suite with balcony offers tranquil lake side views, large closet and ensuite bath. The right wing of the property is host to a huge den with built in bar, handsomely outfitted and perfect for lounging or shooting a game of pool. The upstairs apartment offers an ensuite bath and a full kitchenette for your guests with a large lakeside balcony sure to keep them coming back. But there is more, Enjoy the expansive lakeside screened porch for gaming, dining  or just chilling after a day on the lake offering plenty of seating. Gentle walk to covered dock with upper deck for sunbathing, 1 slip with lift and PWC lift. Turnkey and ready to enjoy! Welcome home!
Unit Size
3,462 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$576
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (NTREIS #20895060)

Price History

Date / Event Date Event Price
Sep 23, 2025 Sold
Sold
Aug 7, 2025 In contract -
In contract
Jun 12, 2025 Price Decreased $1,995,000
↓ $404K (16.8%)
Price Decreased
May 28, 2025 Price Decreased $2,399,000
↓ $50K (2%)
Price Decreased
Apr 11, 2025 Listed by Coldwell Banker Realty $2,449,000
Listed by Coldwell Banker Realty
Show More

Property Highlights

Parking Available
Air Conditioning

Comparables

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

About Palo Pinto


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 5113 FM 1148 Drive built and last sold?
The property at 5113 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 5113 FM 1148 Drive is $0.
What are some comparable homes to 5113 FM 1148 Drive?
There are currently no comparable homes to 5113 FM 1148 Drive.