Listing provided courtesy of Possum Kingdom Real Estate- MLS# 20921149MLS ProviderContact Information: Jonathan Fowler - (940) 779-1111

Lot 285 E Hells Gate DrivePossum Kingdom Lake, TX 76449

Vacant Land · 0.73 Acres
$490,000 Active

Lot 285 E Hells Gate Drive Overview

Visits:
13

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

Lot 285 E Hells Gate Drive Facts & Features

  • Type Vacant Land
  • Lot 0.73 Acres

Details

General

Association/HOA

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

School Information

  • School District: Palo Pinto ISD
  • Elementary School: Palo Pinto
  • Middle Or Junior School: Palo Pinto
  • High School: Palo Pinto

Business Information

  • Current Use: Unimproved

Location/Region

  • Country: US
  • County Or Parish: Palo Pinto
  • Postal City: GRAFORD
  • Subdivision Name: Gaines Bend

Community/Development

  • Community Features: Boat Facilities,Dock,Gated,Lake,Marina,Pool
  • Development Status: Site Plan Approved,Streets Installed

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: 5357.0

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: 568117
  • Possible Use: Single Family
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Level,Rock Outcropping,Subdivision,Waterfront
  • Lot Size Acres: 0.725
  • Lot Size Area: 0.725
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 31581.0
  • Lot Size Units: Acres
  • Vegetation: Cleared

Waterfront/View

  • Water Body Name: Possum Kingdom
  • Waterfront Features: Lake Front,Waterfront
  • Waterfront: Yes

General Information

  • Pool Features: Community
  • Road Frontage Type: Private Road
  • Utilities: Electricity Available,Sewer Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Lot 285 E Hells Gate Drive Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Lot 285 E Hells Gate Drive Market Data

Based on the last 30 days in this zip code

$1,058,741
Average List Price
$430
Average Price per Square Foot
10
Properties Sold
128
Average Days on Market
152
Properties for Sale
Calculations provided by Reliance Network


Prosperity Home Mortgage, LLC

Prosperity Home Mortgage, LLC

When you decide to buy a home or refinance your mortgage, your search should start and end here. At Prosperity Home Mortgage, LLC, we strive to create an extraordinary customer experience through the efforts of knowledgeable and caring mortgage professionals where relationships are valued, and the focus is on treating every client as if they were the only client. Choose a lender you can trust to find the mortgage loan that best suits your needs.


HomeServices Insurance

HomeServices Insurance

HomeServices Insurance is an independent agency that operates through a network of offices located throughout the northern Texas area.  As a full-service operation, we offer a full suite of quality insurance solutions including home, auto, umbrella, and more.  We have established long term relationships with many of the top national and regional carriers in the country, bringing you the power of choice when it comes to your personal insurance needs.