Lot 285 E Hells Gate Drive Possum Kingdom Lake, TX 76449 Active

UPDATED: 01/14/2026 11:31 PM ON SITE: 330 days on site

$535,000

0.73 Acres

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Gaines Bend

MLS Listing ID 20921149

HOA Fees $800/ann

HOA Y/N Mandatory

Annual Tax Amount $5,357

Lot Size 0.725 Acres

Acres 0.725

Property Sub-Type Unimproved Land

Location

State TX

County Palo Pinto

Community Boat Ramp,Community Dock,Community Pool,Gated,Lake,Marina

Zoning residential

Direction 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.

Exterior

Community Features Boat Ramp,Community Dock,Community Pool,Gated,Lake,Marina

Utilities Available Co-op Electric,Electricity Available,Sewer Available

Waterfront Description Lake Front

Garage No

Building

Lot Description Level,Rock Outcropping,Subdivision,Water/Lake View,Waterfront

Schools

Elementary Schools Palo Pinto

Middle Schools Palo Pinto

High Schools Palo Pinto

School District Palo Pinto Isd

Others

Restrictions Architectural,Building

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20921149

Property 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.