Lake-View Ranch with Mountain
For Sale
$2,464,000
FM 1148, Graford, TX 76540
Land, Graford, TX
Property SizeContact for details
Lot Size320.00 Acres
Days on Market81
Property Features for FM 1148
General Information
Property type
Land
Property subtype
Other
Zoning description
AG
Vegetation
Brush
Fencing
Perimeter
Subdivision
ALEX STRINGER
Lot features
Acreage, Hardwood Trees, Pasture, Pond On Lot, Ravine, Rolling Slope, Rock Outcropping, Many Trees, Wooded
View
Water
Elementary school
Graford
Middle school
Graford
High school
Graford
Elementary school district
Graford ISD
Middle school district
Graford ISD
High school district
Graford ISD
Directions
load the following coordinates into google maps search: 32.899061, -98.505779
Standard status
Active
APN
09527
Lot size
320.00 Acres
Taxes and HOA fees
Tax Description
ACRES: 320.000 AB 1977 TR 1ALEX STRINGER G#11
Tax Annual Amount
641
Legal Description
ACRES: 320.000 AB 1977 TR 1ALEX STRINGER G#11
Listing Agency:
The Michael Group Real Estate
(817) 577-9000
Listed By:
Charles Horton · License #0546099
(214) 692-6400
Added: Jun 11
Changed: Aug 19
Last Checked: Aug 30 at 2:06PM
MLS# 21167684
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.
Investment Insights
Based on property information with market context.
This 320+/- acre ranch in Palo Pinto County overlooks Possum Kingdom Lake and includes Caudill Mountain, a named county summit rising to approximately 1,360+ feet in elevation. Rolling hills, rugged slopes, elevated ridgelines, open pasture, and grassed areas create a varied landscape, while native oak, mesquite, and cedar provide natural cover. Two established stock tanks and a water tap support agricultural and recreational uses. Wildlife includes whitetail deer, hogs, dove, ducks, and native game species.
The property has approximately 2,000 feet of FM 1148 frontage, an all-weather access road, and available co-op electric service. It carries an existing agricultural exemption and is unzoned and unrestricted. A cellular communications tower is located on the ranch, with electrical service and related utility costs paid by the tower operator. The land is identified for cattle operations, hunting, recreation, and future residential development.
The property has approximately 2,000 feet of FM 1148 frontage, an all-weather access road, and available co-op electric service. It carries an existing agricultural exemption and is unzoned and unrestricted. A cellular communications tower is located on the ranch, with electrical service and related utility costs paid by the tower operator. The land is identified for cattle operations, hunting, recreation, and future residential development.
Key Highlights
- 320+/- acres overlooking Possum Kingdom Lake in Palo Pinto County
- Caudill Mountain reaches approximately 1,360+ feet in elevation
- Approximately 2,000 feet of FM 1148 road frontage
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
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Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Ranch - Unzoned ranch land with varied terrain, wildlife habitat, stock tanks, and FM road access.
Where is this ranch located?
The property is located at FM 1148 Graford, TX.
What is the asking price?
The asking price for this property is $2,464,000.
What are key features of this property?
This property features: 320+/- acres overlooking Possum Kingdom Lake in Palo Pinto County; Caudill Mountain reaches approximately 1,360+ feet in elevation; Approximately 2,000 feet of FM 1148 road frontage
