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Lot 285 Hells Gate Drive

Possum Kingdom Lake, TX 76449

$485,000

Land · 0.73 ac · $669K/ac

Acres0.725 acres
Price per acre$668,966 / acre
Zoningresidential
Road frontagePrivate Road
SewerSewer Available
ElectricCo-op Electric, Electricity Available
TypeUnimproved Land

What it costs to own

Taxes$5,357 per year
MUDNone listed
HOA$800 per year · GBPOA
HOA fee coversFull Use of Facilities, Maintenance Grounds, Security, Sewer
Price per acre$668,966

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

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.

The details

Lot featuresLevel, Rock Outcropping, Subdivided, Waterfront
SewerSewer Available
ElectricCo-op Electric, Electricity Available

Zoningresidential
RestrictionsArchitectural, Building
EasementsUtilities
Documents availableAerial Photo, Survey

Mineral rights aren't stated in this listing — verify with the title company before purchase.

SubdivisionGaines Bend
Community featuresBoat Ramp, Community Dock, Community Pool, Gated, Lake, Marina

ElementaryPalo Pinto
Middle schoolPalo Pinto
High schoolPalo Pinto
DistrictPalo Pinto ISD

MLS #20921149
Source
Price changeReduced by $5,000 · Jul 2, 2026
On the market433 days
CountyPalo Pinto

Around this home

One moment…

Everyday life

Nearest groceryTommy · 21 mi
Nearest parkBlackman Park · 14 mi

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Listing courtesy of Possum Kingdom Real Estate — Jonathan Fowler.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #20921149. Information last updated July 21, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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