TBD FM 1148 Graford, TX 76540
320 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Alex Stringer
MLS Listing ID 21167684
HOA Y/N None
Annual Tax Amount $641
Lot Size 320.000 Acres
Acres 320.0
Property Sub-Type Unimproved Land
Property Description
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, recreational use, and future residential development. The ranch also includes a cellular communications tower generating approximately $500 per month in rental income, with all electrical service and related utility costs paid by the tower operator, providing supplemental passive revenue. 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, allowing flexibility for a private estate, legacy ranch, recreational retreat, or long-term investment holding. 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. This is a rare opportunity to own a landmark-quality ranch centered around one of Palo Pinto County's signature high points—offering elevation, views, privacy, income potential, and versatility in a premier Possum Kingdom Lake setting.
Location
State TX
County Palo Pinto
Zoning AG
Direction load the following coordinates into google maps search: 32.899061, -98.505779
Exterior
Fence Barbed Wire, Perimeter, Wire
Utilities Available All Weather Road, Co-op Electric, Outside City Limits, See Remarks, Other
Garage No
Building
Lot Description Acreage, Brush, Gullies, Hilly, Many Trees, Cedar, Mesquite, Oak, Pasture, Rock Outcropping, Rugged, Tank/ Pond, Water/Lake View
Schools
Elementary Schools Graford
Middle Schools Graford
High Schools Graford
School District Graford Isd
Others
Restrictions No Known Restriction(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21167684
Nearby Locations
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