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Palo Pinto 76449
Lot 285 E Hells Gate Drive
$485,000
↓ $5K (1%)
● Land - For Sale

Lot 285 E Hells Gate Drive

Possum Kingdom Lake, TX 76449
bedrooms
Studio
bathrooms
0 Bath
$2,449
Est. Monthly
$67
HOA / Fees

About This Property

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.
Unit Size
-
Days on Market
-
Land Size
0.73 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$67
Year Built
-

Listed By

Jonathan Fowler
Possum Kingdom Real Estate
Keith Hanssen
Keith Hanssen
Possum Kingdom Real Estate

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Last updated: 3 months ago (NTREIS #20921149)

Price History

Date / Event Date Event Price
Jul 3, 2026 Price Decreased $485,000
↓ $5K (1%)
Price Decreased
Apr 16, 2026 Price Decreased $490,000
↓ $45K (8.4%)
Price Decreased
Jan 15, 2026 Price Decreased $535,000
↓ $84K (13.6%)
Price Decreased
May 14, 2025 Listed by Possum Kingdom Real Estate $619,000
Listed by Possum Kingdom Real Estate
Oct 7, 2022 Sold
Sold
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Property Highlights

Exterior Details
Waterfront Features: Lake Front
Lot Features: Level, Rock Outcropping, Waterfront, Subdivision, Water/Lake View
Lot Size Area: 0.725
Lot Size Units: Acres
Lot Size Acres: 0.725
Lot Size Square Feet: 31581
Tax Lot: 285
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Security, Sewer, Trash, Full Use of Facilities
HOA Fee: $800
HOA Fee Frequency: Annually

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Palo Pinto


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Frequently Asked Questions

When was property at 285 East Hells Gate Drive built and last sold?
The property at 285 East Hells Gate Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 285 East Hells Gate Drive is $489,850.
What are some comparable homes to 285 East Hells Gate Drive?
There are currently no comparable homes to 285 East Hells Gate Drive.