- Status:
- Active
- MLS #:
- 20921149
- Neighborhood:
- Gaines Bend
- County:
- Palo Pinto
- Listed By:
- Jonathan Fowler - Possum Kingdom Real Estate
- Agent Phone:
- (940) 257-5353
- Agent Email:
- jonathan@possumkingdom.com
Sponsoring Broker: Derek Eisenberg, Continental Real Estate Group, Inc
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.
Highlights
- Land
- Unimproved Land
- 0.725 Acre Lot
- $800/yr HOA
- Waterfront
- 547 days on Market
-
- Parking Features
- Gated
-
- Acres
- 0.725
-
- Lot Features
- Level, Cleared, Waterfront, Subdivided, Rock Outcropping
-
- Water Front Features
- Lake Front, Lake Privileges
-
- Water Front
- Yes
-
- View
- Water
-
- Utilities
- Sewer Available, Electricity Available
-
- County
- Palo Pinto
-
- City
- Possum Kingdom Lake
-
- Neighborhood
- Gaines Bend
-
- Zip Code
- 76449
-
- High School
- Palo Pinto
-
- Middle School
- Palo Pinto
-
- Elementary School
- Palo Pinto
-
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Similar Listings
Look Throughout Possum Kingdom Lake
There are currently 0 properties available in Possum Kingdom Lake, with 0 under contract to close soon. Properties in the city have an average sale price of $0 and typically spend 0 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 285 E Hells Gate Dr #LOT?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 285 E Hells Gate Dr #LOT.
They know lands in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 285 E Hells Gate Dr #LOT?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $485,000. We can talk through recent upgrades, potential seller motivation, how this unimproved land compares to others in Possum Kingdom Lake, and can even get you in to see the property quickly.
How do I get a virtual tour of 285 E Hells Gate Dr #LOT?
Yes! A virtual tour is available for 285 E Hells Gate Dr #LOT. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.
How much is the monthly mortgage payment for 285 E Hells Gate Dr #LOT?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 285 E Hells Gate Dr #LOT at around $3,206. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 285 E Hells Gate Dr #LOT?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Palo Pinto County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 285 E Hells Gate Dr #LOT?
In most cases, yes. Whether 285 E Hells Gate Dr #LOT is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Possum Kingdom Lake's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 285 E Hells Gate Dr #LOT?
We can handle that for you. Our preferred local agent specializes in lands in Possum Kingdom Lake and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
How long has this property been on the market?
285 E Hells Gate Dr #LOT was listed on May 14, 2025, which means it's been on the market for 547 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
What is the lot size of this property?
285 E Hells Gate Dr #LOT sits on a 0.73-acre lot, which is 31,799 square feet.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: Palo Pinto
- Middle: Palo Pinto
- High: Palo Pinto
Want to see how these schools compare? Check out our Palo Pinto County School Guide to see ratings, reviews, and more for the schools in the area.
What are the property taxes for 285 E Hells Gate Dr #LOT?
The most recent public record shows annual property taxes for 285 E Hells Gate Dr #LOT were approximately $5,357. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is there an HOA fee for this property, and what does it cover?
This home has an HOA fee of $800 paid annually.
Is 285 E Hells Gate Dr #LOT still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, North Texas Real Estate Information Systems (NTREIS). All rights reserved.
Last Updated: November 12, 2026 at 03:17AM | Source: North Texas Real Estate Information Systems (NTREIS) | MLS#: 20921149
