LOT 285 E HELLS GATE DRIVE, POSSUM KINGDOM LAKE, TX 76449
Homes for sale in Possum Kingdom Lake.
Homes for sale in 76449.
List Price$490,000
Lot 285 E Hells Gate Drive
Possum Kingdom Lake, TX 76449
Listing #20921149
About This Property
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 Features
Location Information
County
Palo Pinto
Subdivision
Gaines Bend
Interior Features
Has Fireplace
No
Exterior Features
Utilities
Electricity Available, Sewer Available
Development Status
Site Plan Approved, Streets Installed
Has a Pool
Yes
Road Description
Private Road
Pool Description
Community
Lake Name
Possum Kingdom
Lot Description
Level, Rock Outcropping, Subdivision, Waterfront
Waterfront Description
Lake Front, Waterfront
Lot Size in Acres
0.725
Has Waterfront
Yes
Lot Size in Sq. Ft.
31,581
Has View
Yes
Current Use
Unimproved
View Description
Water
Possible Best Use
Single Family
Is One Story
No
Zoning
residential
Lot Description
Level, Rock Outcropping, Subdivision, Waterfront, Lake Front, Waterfront
School
Elementary School District
Palo Pinto ISD
Jr. High School
Palo Pinto
Elementary School
Palo Pinto
High School
Palo Pinto
Additional Information
Property Type
LL
HOA Includes
All Facilities, Maintenance Grounds, Sewer, Security, Trash
Property SubType
Unimproved Land
Tax Annual Amount
5357.0
Status
Active
Community Features
Boat Facilities, Dock, Gated, Lake, Marina, Pool
Has a Home Owners Association
Yes
Documents Available
Aerial, Survey
HOA Fee
$800
Lot Acres Source
Assessor
HOA Frequency
Annually
Similar Listings
Mortgage Calculator
$2,287
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,765
Monthly Tax
$408
Monthly Insurance
$114
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Jonathan Fowler, Possum Kingdom Real Estate
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NTREIS - North Texas data last updated at May 14, 2026, 2:13 PM CT
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