Late Proterozoic volcanic and granitic rocks from the Franklin Mountains in west Texas define a continuous tholeiitic trend from rhyolite (granite) to trachyte with a small compositional gap between trachyte and basalt. Volcanics and granitic rocks have immobile-element geochemical affinities with volcanics from continental-margin-arc systems and associated back-arc basins. Felsic volcanics and granitic rocks appear to have formed by fractional crystallization of basalt during which REE and high-field-strength elements were stabilized as fluoride complexes and concentrated in late or post-magmatic fluids.A Rb–Sr isochron from nonhematized samples (1064 ± 5 Ma, i = 0.7034) falls within the error of reported U–Pb zircon dates and probably dates a period of hydrothermal alteration. εNd values (0.7–2.5 at 1065 Ma) fall below a depleted mantle growth curve and probably reflect contamination of the fractionating magmas with older continental crust. Changes in the isotopic composition of Nd during hydrothermal alteration may also contribute to the spread in εNd values.