For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

Tbd Fm 1148 Graford, TX 76540

Sponsored
For Sale
$2,464,000

Unimproved Land - Graford, TX

Type:Unimproved Land
Lot size:
320.00 Acres
Days on Market:
2
Last Refresh:
Feb 2 at 3:06 pm

Property Features for Tbd Fm 1148

General Information

Property type
Land
Property subtype
Unimproved Land
Standard status
Active
APN
09527
Exterior features
Fence
Fencing
Fenced
Lot size
320.00 Acres

Building Details

Architectural style
Other

We can help!

Listing Contact
Charles Horton

The Michael Group, LLC (214) 692-6400

Listing agent Charles Horton (817) 577-9000 License #0546099

Listing date Feb 1, 2026

MLS# 21167684 Listing URL

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.

Learn more

Property Insight Report

Overview

320 Acres Overlooking Possum Kingdom

This 320± acre property in Palo Pinto County overlooks Possum Kingdom Lake and features Caudill Mountain, a county summit rising to approximately 1,360+ feet in elevation. The high point offers views of Possum Kingdom Lake and a sweeping valley panorama. The property has rolling hills, rugged slopes, elevated ridgelines, and scenic high points. Native oak, mesquite, and cedar blend with open pasture and grassed areas. Two established stock tanks and a water tap enhance the ranch’s recreational and agricultural utility. The property benefits from an existing agricultural exemption and is suited for cattle operations, hunting, recreational use, and future residential development. A cellular communications tower generates approximately $500 per month in rental income, with all electrical service and related utility costs paid by the tower operator. With approximately 2,000 feet of FM road frontage, access is provided via an all-weather road and available co-op electric service. The ranch is unzoned and unrestricted. Wildlife is abundant, including whitetail deer, hogs, dove, ducks, and native game species. The varied terrain and vegetation create diverse habitat and natural cover throughout the property.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Recreation land

Map

City
Graford
County
Palo Pinto
State
Texas
Longitude
-98.50456982
Latitude
32.906354

FAQs

What type of property is this?
Agricultural land - Unrestricted land with lake views, income potential, and diverse terrain.
Where is this agricultural land located?
The property is located at Tbd 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± acre ranch featuring Caudill Mountain, a named county summit with 1,360+ ft elevation and commanding views.; - Unzoned and unrestricted land suitable for various uses.; - Cellular communications tower generating approximately $500/month in rental income.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message