FM 1148, Graford, TX 76540
- Added:
- Feb 18, 2026
- Days on Market:
- 106
- Last Refresh:
- Jun 4 at 2:06 am
Property Features for FM 1148
General Information
- Property type
- Land
- Property subtype
- Other
- Vegetation
- Brush
- Fencing
- Perimeter
- 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
Listing agent Charles Horton License #0546099 (214) 692-6400
Listing office The Michael Group Real Estate Dallas, TX (817) 577-9000
Listing date Feb 18, 2026
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.
HighLights
- 320+/- acre Palo Pinto County ranch with Caudill Mountain (named county summit) rising to approx. 1,360+ ft elevation
- Dual‑aspect views from elevated ridgelines, overlooking Possum Kingdom Lake and a sweeping valley panorama
- Native oak, mesquite, and cedar with open pasture and grassed areas for wildlife and livestock grazing capacity
- Two established stock tanks and a water tap support livestock and wildlife habitat
- Approximately 2,000 ft of FM road frontage with access via an all‑weather road and available co‑op electric service
- Unzoned and unrestricted; includes an on‑site cellular communications tower generating approx. $500/month rental income (operator pays electrical/service costs)
Overview
The property benefits from approximately 2,000 feet of FM road frontage and an all-weather road providing access. Co-op electric service is available, and the ranch is currently carried with an existing agricultural exemption. A cellular communications tower on-site provides supplemental income, generating approximately $500 per month, with electrical service and related utility costs paid by the tower operator.
With no zoning and unrestricted status, the land offers flexibility for a range of uses, including cattle operations, hunting and recreational activities, a private estate, or long-term investment holding with future residential development in mind. The diverse cover and elevation changes help support abundant wildlife, including whitetail deer, hogs, dove, ducks, and other native game species.
Current Use by Public Records
Map
- City
- Graford
- County
- Palo Pinto
- State
- Texas
- Longitude
- -97.7264
- Latitude
- 31.1169