Location
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.
Property Details
Price:
$799,000
MLS #:
21269990
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
West Side
Listed Date:
May 13, 2026
Finished Sq Ft:
2,194
Lot Size:
20,647 sqft / 0.47 acres (approx)
Year Built:
1986
Schools
School District:
Graford ISD
Elementary School:
Graford
Middle School:
Graford
High School:
Graford
Interior
Bathrooms Full
2
Fireplace Features
Family Room
Fireplaces Total
1
Interior Features
High Speed Internet Available
Number Of Living Areas
1
Exterior
Carport Spaces
2
Lot Size Area
0.4740
Waterfront Features
Dock – Covered, Lake Front
Financial
See this Listing
Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
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Similar Listings Nearby
Community
- Address4551 FM 1148 Possum Kingdom Lake TX
- SubdivisionWest Side
- CityPossum Kingdom Lake
- CountyPalo Pinto
- Zip Code76450
Subdivisions in Possum Kingdom Lake
- Bobwhite Bluffs
- Caddo
- Chapel Hills Estate
- Clearwater Point
- Cliffs
- Cliffs – PH VII
- Cliffs Ph 02
- Cliffs Ph 04
- Cliffs Ph 08
- Cliffs Ph 09
- Cliffs Ph 11
- Cliffs Ph 13
- Cliffs Ph I
- Cliffs Ph V
- Cliffs Ph Vii Sub
- Cliffs Ph X
- Constantin
- Crystal Bay
- Crystal Bay Sub
- District Tr 23-2-48
- Eagle Point Condos
- East Side
- Gaines Bend
- Gainesbend
- Green Valley Acres P
- Hill Country Harbor Condo
- Hills
- Hills Above
- Hills Above PK
- Hills Above Possum Kingdom
- Hills Above Possum Kingdom Lake
- Hills Above Possum Kingdom Lake Ph1 S1
- Hog Bend
- North End
- North End-Sky Camp
- Northend
- Peninsula
- Pk Lake
- PK Lake 3-1-94
- Possum Kingdom Lake
- Ranch
- Ranft
- Reserve Gaines Bend
- Sportsman\’s World
- Sportsmans World
- Sportsmans World 01
- Sportsmans World 05
- Sportsmans World 09
- Sportsmans World 10
- Sportsmans World Sec Ix
- The Cliffs
- The Cliffs Ph Xii
- The Cliffs Resort
- The Hills
- The Hills Above
- The Hills Above Possum Kingdom
- The Hills Above Possume Kingdo
- The Ranch
- The Reserve at Gaines Bend
- The Reserve at Gaines Bend PH 1
- The Willows
- Villa S Bluff Cree
- Water Ridge Estates
- West side
- West Side PK Lake
- Westside
Market Summary
Current real estate data for Single Family in Possum Kingdom Lake as of Jul 14, 2026
80
Single Family Listed
122
Avg DOM
397
Avg $ / SqFt
$1,040,712
Avg List Price
Property Summary
- Located in the West Side subdivision, 4551 FM 1148 Possum Kingdom Lake TX is a Single Family for sale in Possum Kingdom Lake, TX, 76450. It is listed for $799,000 and features 3 beds, 2 baths, and has approximately 2,194 square feet of living space, and was originally constructed in 1986. The current price per square foot is $364. The average price per square foot for Single Family listings in Possum Kingdom Lake is $397. The average listing price for Single Family in Possum Kingdom Lake is $1,040,712. To schedule a showing of MLS#21269990 at 4551 FM 1148 in Possum Kingdom Lake, TX, contact your Aaron Layman Properties agent at 940-209-2100.
4551 FM 1148
Possum Kingdom Lake, TX