$619,000

Lot 285 E Hells Gate Dr Possum Kingdom Lake, TX 76449

Estimated payment $3,811/month

Total Views 1,623
0.73 Acre
$853,793 Price per Acre
31,581 Sq Ft Lot

Highlights

  • Marina
  • Lake Front
  • Gated Community
  • Palo Pinto Elementary School Rated A+
  • Community Boat Facilities
  • Community Lake

About This Lot

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.

Listing Agent

Keith Hanssen

Possum Kingdom Real Estate Brokerage Phone: (940) 779-1111 License #0445901 Listed on: 05/14/2025

Co-Listing Agent

Jonathan Fowler

Possum Kingdom Real Estate Brokerage Phone: (940) 779-1111 License #0704463

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,357

Lot Details

  • 0.73 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Rock Outcropping
  • Level Lot
  • Cleared Lot

HOA Fees

  • $67 Monthly HOA Fees

Schools

  • Palo Pinto Elementary School
  • Palo Pinto High School

Listing and Financial Details

  • Legal Lot and Block 285 / 1
  • Assessor Parcel Number 568117

Community Details

Overview

  • Association fees include all facilities, ground maintenance, sewer, security, trash
  • Gbpoa Association
  • Gaines Bend Subdivision
  • Community Lake

Recreation

  • Community Boat Facilities
  • Marina
  • Community Pool

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$5,357

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • OWNERNAME: WHITE DARLEEN L SURVIVOR TRUSTEE OF
  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Water Body Name: Possum Kingdom
  • Attribution Contact: (940) 779-1111
  • Co List Office Mls Id: PKBE01
  • Co List Office Phone: (940) 779-1111
  • Co List Office Mls Id: PKBE01
  • Special Features: VirtualTour

Exterior Features

  • Community Features: Boat Facilities, Gated, Lake, Marina, Pool
  • Pool Features: Community
  • Waterfront: Yes
  • RoadFrontageType: Private Road

Utilities

  • Utilities: Electricity Available, Sewer Available

Condo/Co-op/Association

  • HOA Fee Includes: All Facilities, Maintenance Grounds, Sewer, Security, Trash
  • Association Fee: 800.0
  • Association Fee Frequency: Annually
  • Association Name: GBPOA

Association/Amenities

  • DevelopmentStatus: Site Plan Approved, Streets Installed

Schools

  • Elementary School: Palo Pinto
  • High School: Palo Pinto
  • Junior High Dist: Palo Pinto ISD

Lot Info

  • PossibleUse: Single Family
  • Lot Features: Level, Rock Outcropping, Subdivision, Waterfront
  • Lot Size Units: Acres
  • Lot Size Area: 0.725
  • Parcel Number: 568117
  • Lot Size Acres: 0.725
  • Lot Size Sq Ft: 31581.0
  • Zoning Description: residential

Tax Info

  • TaxBlock: 1
  • Tax Lot: 285
  • Tax Annual Amount: 5357.0

Multi Family

  • WaterfrontFeatures: Lake Front, Waterfront

MLS Schools

  • MiddleOrJuniorSchool: Palo Pinto

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 For Sale $619,000 +54.8% --
10/07/2022 10/07/22 Sold -- -- --
09/07/2022 09/07/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $400,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20921149

North Texas Real Estate Information Systems (NTREIS)