Lot 285 E Hells Gate Drive, Possum Kingdom Lake, TX 76449
Gaines Bend · Palo Pinto County
Key Facts
Description
Stunning Cliffside Lot Overlooking Iconic Hells Gate Cove in Gaines Bend on Possum Kingdom Lake. Don’t miss this rare opportunity to own a premium elevated homesite with panoramic views of the legendary Hells Gate Cove and Devils Island. This exceptional location offers breathtaking dual lake views into PK's most popular Lake Cove and views to the cove behind —even from the ground level. Perfectly positioned for your custom dream home, this lot is ideal for an infinity pool, sprawling lakefront patios, and a luxurious estate getaway. Located one of the most premier gated communities at Possum Kingdom Lake, enjoy the perfect blend of privacy and upscale living with minimal building restrictions. Property owners have access to a private boat launch and day slips, with full-time boat SLIPS available for lease at NEARBY MARINA. Build your private lakefront sanctuary in one of Texas’ most sought-after waterfront destinations.Ideal for vacation homes, investment properties, or full-time luxury living.
Property Information
Property Type
Land
Sub-Type
Unimproved Land
Lot Size
0.72 acres
Days on Market
433
MLS® Listing#
20921149
Property Features
Parking
Lot Features
Community
Utilities
Schools
- Elementary:
- Palo Pinto
- Middle:
- Palo Pinto
- High:
- Palo Pinto
- District:
- Palo Pinto ISD
Financial Details
HOA
$800 / Annually
GBPOA
Annual Taxes
$5,357
Parcel Number
568117
Directions
From intersection of Gaines Bend Drive and E Hells Gate Dr. Travel West on East Hells Gate drive 0.5 miles. Lot is on left between two houses.
Affordability Calculator
$97,000
Estimated monthly payment
$2,581/mo
Principal $388,000 · Est. interest $541,295 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Possum Kingdom Lake, TX
- $393,277
- Median Listing Price
- 98
- Median Days on Market
- 1,861
- Median Sq Ft
- $223
- Median Price / Sq Ft
- 1,190
- Active Listings
- This home’s price is 23% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Possum Kingdom Lake, TX.
Location
Points of Interest in Possum Kingdom Lake, TX
Showing the Possum Kingdom Lake area map.
Nearby Schools
Palo Pinto Independent School District
Elementary · 11.0 mi away
Graford Isd
School · 13.6 mi away
Presbyterian Church
Elementary · 17.3 mi away
Woodland Elementary School
Elementary · 17.8 mi away
Graham High School
Secondary · 18.2 mi away
Pioneer Elementary School
Elementary · 18.4 mi away
Graham Learning Center
School · 18.7 mi away
Graham Junior High School
Secondary · 18.7 mi away
Graham J H
Secondary · 18.7 mi away
Open Door Christian School
School · 18.8 mi away
Graham Independent School District
School · 19.0 mi away
Crestview Elementary School
Elementary · 19.1 mi away
Houston Elementary
Elementary · 20.5 mi away
Travis Elementary
Elementary · 21.0 mi away
Strawn Isd
Elementary · 21.2 mi away
Strawn School
School · 21.2 mi away
Mineral Wells Independent School District
Secondary · 21.4 mi away
Gordon School
School · 21.4 mi away
Lamar Elementary
Elementary · 21.8 mi away
Bryson High School
Secondary · 22.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 203 Evans Street, Lake Bridgeport, TX | $339,500 | 4 | 1 | 1,188 |
| 51 S Trillium Court, Lake Jackson, TX | $339,500 | 3 | 2 | 2,149 |
| 59 S Shamrock Court, Lake Jackson, TX | $339,900 | 4 | 2 | 1,874 |
| 2591 Lakeshore DR, Canyon Lake, TX | $339,900 | 3 | 2 | 1,394.36 |
| 2292 Waterfront Park, Canyon Lake, TX | $339,900 | 3 | 3 | 2,350 |
| 1231 Lavaca, Canyon Lake, TX | $340,000 | 4 | 2 | 1,637 |
Moving Cost Estimate
EXIT Agents in Possum Kingdom Lake
Listing Courtesy: Possum Kingdom Real Estate - (940) 779-1111
Presented by: Jonathan Fowler
Last Updated: 2025-05-14