FM 1148, Graham, TX 76450

Listing agent Diane Wallace License #064986 Show Phone

Listing office Cates & Company e***@catesrealty.com Millsap, TX Show Phone

Listing date Jun 15, 2026

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MLS# 21294714 Listing URL

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Overview

This waterfront land parcel sits on a hilltop above Possum Kingdom Lake, offering rolling elevation changes and rugged natural character. The acreage includes multiple potential homesites, each positioned to capture long lake vistas and the surrounding Texas landscape. The property’s layout is defined by its terrain, creating a setting suited to a custom home, vacation retreat, or other personal-use development planning.

The land is located in Graham, TX in Palo Pinto County, on FM 1148. A public boat ramp is described as being less than half a mile away, with deep-water access noted nearby, supporting recreational use on the lake while allowing the privacy typically associated with acreage.

For buyers seeking waterfront-adjacent land, this parcel provides room to plan around the site’s natural grade and to select among several buildable vantage points. It is also a fit for investors or secondary-home buyers looking for lake-view acreage near public boating access, with the option to pursue a tailored development concept for a future build.

Map

City

Graham

County

Young

State

Texas

Longitude

-98.588795

Latitude

32.894055

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FAQs

What type of property is this?

Waterfront Land - Hilltop acreage above Possum Kingdom Lake with rolling terrain and nearby public boat ramp access for lake-oriented use.

Where is this waterfront land located?

The property is located at FM 1148 Graham, TX.

What is the asking price?

The asking price for this property is $199,000.

What are key features of this property?

This property features: 10.5‑acre hilltop property above Possum Kingdom Lake with expansive lake views; Rolling elevation changes and rugged natural terrain; Public boat ramp is less than half a mile away