1002 Cedar Drive
Possum Kingdom Lake, Texas 76449
3
Bed
3
Bath
2,199Sqft
0.92Acre(Lot)
Tucked into a quiet, protected cove at the approach to Hell’s Gate, this nearly one-acre Gaines Bend property offers expansive water views, calm no-wake water, and one of the most recognizable locations on Possum Kingdom Lake. The 3-bedroom, 3-bath home is positioned to capture sweeping sunset views while enjoying the privacy of a protected cove just outside the activity of Hell’s Gate. From its elevated setting, you can watch fireworks light up the sky overhead — close enough to enjoy the show, yet removed from the congestion and heavy boat traffic. Designed for gathering and easy lake living, the home opens to layered composite decks that create multiple outdoor living zones. A covered patio with fireplace, grilling station, and open-air lounge areas overlook the water, while a lakesi
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 3 Window Features: Window CoveringsBathroom Information
Total Baths: 3 Full Baths: 3 Half Baths: 0 -
Interior Features
Cathedral Ceiling(s),Double Vanity,High Speed Internet Available,Kitchen Island,Open Floorplan,Pantry,Vaulted Ceiling(s),Walk-In Closet(s)Appliances
Dishwasher,Electric Range,Electric Water Heater,RefrigeratorUtilities
Asphalt,Co-op Electric,Co-op Water,Community Mailbox,Individual Water Meter,Outside City Limits,Overhead Utilities,Private Road,Private Sewer,Unincorporated -
Cooling Features
Ceiling Fan(s),Central Air,ElectricHeating Source
Central,Electric,Fireplace(s)Fireplace
Number of Fireplaces: 1 Fireplace Features: Wood Burning
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Building Information
Built Year: 2012 Construction: Siding Roof Type: Shingle -
Exterior Features
Boat Slip,Dock,Outdoor Grill,RV/Boat ParkingFoundation
SlabSecurity Features
Gated Community -
Laundry Features
Electric Dryer Hookup,Utility Room,Full Size W/D Area,Washer HookupPatio And Porch
DeckFencing
NoneConstruction Materials
Siding
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Lot Information
Lot Size (Acr): 0.9220 Lot Size Units: Acres Lot Size Square Feet: 40,162 Lot Size Source: Public Records Lot Features: Irregular Lot,Sloped,Subdivision,Water/Lake View,Waterfront -
Property Information
SQ ft (Living Area): 2,199 Property Type: Residential Property Sub Type: Single Family Residence Architectural Style: Ranch Subdivision: Gaines Bend City: Possum Kingdom Lake State: Texas Directions: Enter the Gaines Bend subdivision from Hwy 16. Drive approximately 3.2 miles on Gaines Bend Drive to Cedar Drive and turn left. Continue to the end of the road; the property will be on the left. Property Status: Active Levels: One Property Age: 14 Year Built Details: Preowned
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Listing Price Information
Original List Price: $1,425,000 List Price Tot SqFt: $648 -
Listing Information
Possession: Closing/Funding
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Tax Information
Parcel Number: 16521 Tax Block: 1 Tax Legal Description: GAINES BEND PK LAKE BLK 1 LOT 265 & 266 Tax Lot: 265 Unexempt Taxes: $11,554
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Parking Information
Carport Spaces: 0 Parking Features: Additional Parking,Boat,Concrete,Driveway,No Garage -
Homeowners Association Information
Included Fees: Full Use of Facilities,Security,Trash HOA Type: Mandatory HOA: $1,000.00 HOA Frequency: Annually
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School Information
Elementary School: Palo Pinto Middle School: Palo Pinto High School: Mineral Wells School District: Palo Pinto ISD -
Utility Information
Utilities: Asphalt,Co-op Electric,Co-op Water,Community Mailbox,Individual Water Meter,Outside City Limits,Overhead Utilities,Private Road,Private Sewer,Unincorporated
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 175 Bay Hill Drive, Possum Kingdom Lake, TX, 76449 | $2,999,999 | 5 | 4 | 5,620 | 5,620 SqFt |
| 1003 Oak Hill Lane, Possum Kingdom Lake, TX, 76449 | $2,190,000 | 4 | 4 | 3,184 | 3,184 SqFt |
| 1907 Buck Run, Possum Kingdom Lake, TX, 76449 | $1,675,000 | 4 | 5 | 2,920 | 2,920 SqFt |
| 460 Turnberry Loop, Possum Kingdom Lake, TX, 76449 | $449,500 | 3 | 2 | 1,458 | 1,458 SqFt |
| 2847 Canyon Wren Loop, Possum Kingdom Lake, TX, 76449 | $795,000 | 4 | 4 | 2,740 | 2,740 SqFt |
| 1510 Balcones Lane, Possum Kingdom Lake, TX, 76449 | $549,000 | 3 | 2 | 2,048 | 2,048 SqFt |
| 122 Turtle Dove Lane, Possum Kingdom Lake, TX, 76449 | $865,000 | 6 | 5 | 3,413 | 3,413 SqFt |
| 1101 S Clear Cove Court, Possum Kingdom Lake, TX, 76449 | $724,500 | 4 | 3 | 3,249 | 3,249 SqFt |
| 1185 Green Elm Road, Possum Kingdom Lake, TX, 76449 | $508,500 | 4 | 4 | 2,198 | 2,198 SqFt |
| 641 Sky Camp Loop #2, Possum Kingdom Lake, TX, 76449 | $39,000 | 2 | 1 | 500 | 500 SqFt |
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ByOwner last updated this listing 06/11/2026 @ 02:32
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