$745,000

LOT 5 E Hells Gate Dr Possum Kingdom Lake, TX 76449

Estimated payment $4,364/month

0.59 Acres
$1,273,504 Price per Acre
25,483 Sq Ft Lot

Highlights

  • Lake Front
  • Adjacent to Greenbelt
  • Level Lot
  • Palo Pinto Elementary School Rated A+

About This Lot

Build your dream lake home on one of the most iconic view lots at Possum Kingdom Lake. This exceptional 0.585-acre flat homesite sits along the coveted cliff line on East Hells Gate Drive, offering front-row views of the legendary Hells Gate Cove—one of PK’s most recognized landmarks. Imagine waking up each morning to panoramic lake views and ending your evenings with unmatched sunsets over the water. This property also provides a prime vantage point for the famous Hells Gate fireworks show, making it an ideal setting for both private enjoyment and entertaining. Located within the highly sought-after gated community of Gaines Bend, residents enjoy exclusive amenities including two private boat ramps and access to a marina, ensuring effortless days on the lake. To make your vision even more seamless, a full set of custom luxury home plans—approximately 4,000 square feet and site design. It is a rare opportunity to secure a premier build site in one of PK’s most desirable locations. Listing agent is part owner.

Listing Agent

Clay Springer

The Brokerage Residential LLC Brokerage Phone: 972-379-7486 License #0728023 Listed on: 03/20/2026

Co-Listing Agent

Bo Bennett

The Brokerage Residential LLC Brokerage Phone: 972-379-7486 License #0727656

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,492

Lot Details

  • 0.59 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Adjacent to Greenbelt
  • Level Lot
  • Few Trees

HOA Fees

  • $71 Monthly HOA Fees

Schools

  • Palo Pinto Elementary And Middle School
  • Mineral Wells High School

Utilities

  • Private Sewer

Listing and Financial Details

  • Legal Lot and Block 5 / 5
  • Assessor Parcel Number 564549

Community Details

Overview

  • Association fees include all facilities, management
  • Gaines Bend Pmi Association
  • Gaines Bend Sub Subdivision

Amenities

  • Community Mailbox

Property Details

Property Type

Land

Est. Annual Taxes

$4,492

Lot Details

0.59 Acres

HOA Fees

$71 per month

Listing Details

  • OWNERNAME: Triple C PK
  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Water Body Name: Possum Kingdom
  • Attribution Contact: 972-379-7486
  • Co List Office Mls Id: TBRES01
  • Co List Office Phone: 972-379-7486
  • Co List Office Mls Id: TBRES01
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48363:564549
  • Special Features: VirtualTour

Exterior Features

  • Community Features: Community Mailbox
  • Waterfront: Yes
  • RoadFrontageType: Private Road
  • RoadSurfaceType: Asphalt

Utilities

  • Sewer: Private Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • HOA Fee Includes: All Facilities, Association Management
  • Association Fee: 850.0
  • Association Fee Frequency: Annually
  • Association Name: Gaines Bend - PMI

Association/Amenities

  • DevelopmentStatus: Other, Streets Installed

Schools

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

Lot Info

  • Lot Features: Backs to Greenbelt/Park, Level, Few Trees, Waterfront
  • Lot Size Units: Acres
  • Lot Size Area: 0.585
  • Parcel Number: 564549
  • Lot Size Acres: 0.585
  • Lot Size Sq Ft: 25482.6
  • Zoning Description: Residential

Tax Info

  • TaxBlock: 5
  • Tax Lot: 5
  • Tax Annual Amount: 4492.0

Multi Family

  • WaterfrontFeatures: Lake Front, Waterfront

MLS Schools

  • MiddleOrJuniorSchool: Palo Pinto

Map

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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2026 03/20/26 For Sale $745,000 +24.2% --
09/06/2022 09/06/22 Sold -- -- -- View Prior Sale
05/27/2022 05/27/22 For Sale $600,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21189916

North Texas Real Estate Information Systems (NTREIS)
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