LOT 5 E Hells Gate Dr Possum Kingdom Lake, TX 76449
Estimated payment $4,151/month
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
The Brokerage Residential LLC Brokerage Phone: 972-379-7486 License #0728023 Listed on: 03/20/2026
Co-Listing Agent
The Brokerage Residential LLC Brokerage Phone: 972-379-7486 License #0727656
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,492
Lot Details
- 25,483 Sq Ft 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
Map
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/16/2026 04/16/26 | Price Changed | $695,000 | -6.7% | -- | |
| 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)
MLS Number: 21189916
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Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved
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Ask me questions while you tour the home.