SH 148 is a two-lane improved surface highway that connects the various farming and economic centers of Jack and Clay Counties. Almost all of the route is rural and traffic is rarely a concern anywhere along the route. In Henrietta, the route parallels US 82 approximately 1.4 miles (2.3 km) west and then splits north toward Petrolia.
SH 148 was originally designated by 1931 along a route from the Red River northwest of Petrolia via Henrietta to Antelope. By 1933, the section south of Henrietta was cancelled. The route was extended to Jacksboro by 1939. The section north of Petrolia was transferred to FM 810 in 1948. In 1974, Highway 148 became nationally significant due to its appearance in the movie The Texas Chain Saw Massacre.