My father is 48, but he looks young for his age.

Literal

Father [topic-は] 48-years-old [but-だが], age's proportion [contrast-には] young looks.

年の割には is a set expression meaning 'for one's age / considering one's age.' 割 means 'proportion/ratio,' and には adds the contrastive nuance. 若く見える = 'looks young' (adverbial く + 見える).