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LOT 285 E Hells Gate Drive

Possum Kingdom Lake, Texas 76449
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Acres0.73

Acre(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 av ailable 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.

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Detail Ic Property Details

Property Type : Land

Price : $490,000

AD Id : 64700491

MLS Id : 454649850

Lot Size : 0.73 Acre(Lot)

County : Palo Pinto

Subdivision: Magnolia Add Ph B

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Feature Features

  • Utilities

    Co-op Electric,Electricity Available,Sewer Available

  • Lot Information

    Lot Size (Acr): 0.7250 Lot Size Units: Acres Lot Size Square Feet: 31,581 Lot Size Source: Assessor Lot Features: Level,Rock Outcropping,Subdivision,Water/Lake View,Waterfront
  • Property Information

    Property Type: Land Property Sub Type: Unimproved Land Subdivision: Gaines Bend City: Possum Kingdom Lake State: Texas Directions: 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. Property Status: Active

  • Listing Price Information

    Original List Price: $490,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 568117 Tax Block: 1 Tax Legal Description: ACRES: 0.725 GAINES BEND PK LAKE BLK 1 LOT 28 Tax Lot: 285 Unexempt Taxes: $5,357

  • Homeowners Association Information

    Included Fees: Full Use of Facilities,Maintenance Grounds,Security,Sewer,Trash HOA Type: Mandatory HOA: $800.00 HOA Frequency: Annually

  • School Information

    Elementary School: Palo Pinto Middle School: Palo Pinto High School: Palo Pinto School District: Palo Pinto ISD
  • Utility Information

    Utilities: Co-op Electric,Electricity Available,Sewer Available
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
300 Oak Tree, Possum Kingdom Lake, TX, 76449 $67,500 -- -- -- 0.28 Acre(Lot)
909 Clearwater Point, Possum Kingdom Lake, TX, 76449 $1,250,000 -- -- -- 2.69 Acres(Lot)
270 Poppy Hills Drive, Possum Kingdom Lake, TX, 76449 $29,750 -- -- -- 0.22 Acre(Lot)
622 Caprock, Possum Kingdom Lake, TX, 76449 $48,500 -- -- -- 5.01 Acres(Lot)
LOT 361 Canyon Wren Loop, Possum Kingdom Lake, TX, 76449 $85,000 -- -- -- 5.01 Acres(Lot)
LOT 359 Canyon Wren Loop, Possum Kingdom Lake, TX, 76449 $80,000 -- -- -- 5.01 Acres(Lot)
TBD Blazing Star Court, Possum Kingdom Lake, TX, 76449 $42,075 -- -- -- 2.02 Acres(Lot)
1040 Enchanted Rock Court, Possum Kingdom Lake, TX, 76449 $1,600,000 5 6 4,085 13.10 Acres(Lot)
LOT 422 Fire Wheel Drive, Possum Kingdom Lake, TX, 76449 $75,000 -- -- -- 5.03 Acres(Lot)
1052 Enchanted Rock Court, Possum Kingdom Lake, TX, 76449 $140,000 -- -- -- 10.02 Acres(Lot)
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Disclosure: 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

ByOwner last updated this listing 06/10/2026 @ 22:17

MLS: 454649850 LISTED BY: Jonathan Fowler, Possum Kingdom Real Estate 940-257-5353 SOURCE: NTREIS - North Texas Real Estate Information

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