TBD Fm 1148, Graford, TX 76540

Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
TBD Fm 1148,Graford, TX 76540
$2,464,000
  • 320 Acres
  • Lots / Land
  • Active
Listed by: charles horton, laura horton469-363-0209
Office: the michael group real estate
MLS#:21167684
Source:GDAR

Price summary

  • Price:$2,464,000

About this home

An exceptional opportunity to acquire 320± acres overlooking Possum Kingdom Lake in the heart of Palo Pinto County, featuring Caudill Mountain, a named county summit rising to approximately 1,360+ feet in elevation. This unique high point offers commanding views of Possum Kingdom Lake on one side and a sweeping valley panorama on the other, creating a rare dual-aspect vantage seldom found on privately held ranch land. The property showcases dramatic topography with rolling hills, rugged slopes, elevated ridgelines, and scenic high points that provide expansive views from multiple locations. Native oak, mesquite, and cedar blend with open pasture and grassed areas, delivering both visual appeal and functional grazing capacity. Two established stock tanks and a water tap enhance the ranch’s recreational and agricultural utility, supporting wildlife and livestock operations. The property benefits from an existing agricultural exemption and is well-suited for cattle operations, hunting,

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Home facts

  • Listing ID #:21167684
  • Added:1074 day(s) ago
  • Updated:March 10, 2026 at 11:43 AM

Structure and exterior

  • Lot area:320 Acres
  • Lot Features:Acreage, Hardwood Trees, Many Trees, Pasture, Ravine, Rock Outcropping, Rolling Slope, Wooded

Schools

  • High school:Graford
  • Middle school:Graford
  • Elementary school:Graford

Finances and disclosures

  • Price:$2,464,000
  • Tax amount:$641
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated March 10, 2026 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Rhodes Realty.