29
Map
$2,595,000
●
House -
For Sale
961 E Hells Gate Drive
Graford, TX 76449
4 Beds
4 Baths,
1
Half Bath
3,228 Ft²
$12,826
Est. Monthly
$83
HOA / Fees
About This Property
Experience refined lake living in this stunning new construction
home showcasing unobstructed, panoramic views of Hell's Gate.
Thoughtfully designed with modern, clean lines and a seamless
open-concept layout, this residence blends sophisticated style with
effortless functionality.
The expansive living, kitchen, and dining areas are anchored by walls of glass, perfectly framing the iconic water views and filling the home with natural light. Step outside to your private pool and take in some of the most sought-after scenery on Possum Kingdom Lake.
Featuring 4 spacious bedrooms, each with its own private en suite bath, this home offers both comfort and privacy for family and guests alike. Whether you're entertaining or enjoying a quiet weekend escape, this property delivers an unmatched lakefront lifestyle.
This property is being sold FULLY FURNISHED!
The expansive living, kitchen, and dining areas are anchored by walls of glass, perfectly framing the iconic water views and filling the home with natural light. Step outside to your private pool and take in some of the most sought-after scenery on Possum Kingdom Lake.
Featuring 4 spacious bedrooms, each with its own private en suite bath, this home offers both comfort and privacy for family and guests alike. Whether you're entertaining or enjoying a quiet weekend escape, this property delivers an unmatched lakefront lifestyle.
This property is being sold FULLY FURNISHED!
Unit Size
3,228 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$804
Property Type
House
Property Taxes
-
HOA Dues
$83
Year Built
-
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 27 days ago (NTREIS #21377354)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2026 | Listed by Century 21 Mike Bowman, Inc. | $2,595,000 | |
| Listed by Century 21 Mike Bowman, Inc. | |||
| Aug 31, 2026 | No longer available | - | |
| No longer available | |||
| May 9, 2026 | Price Decreased |
$2,595,000
↓ $100K
(3.7%) | |
| Price Decreased | |||
| Apr 6, 2026 | Listed by Century 21 Mike Bowman, Inc. | $2,695,000 | |
| Listed by Century 21 Mike Bowman, Inc. | |||
   | |||
|
Experience refined lake living in this stunning new construction home showcasing unobstructed, panoramic views of Hell’s Gate. Thoughtfully designed with modern, clean lines and a seamless open-concept layout, this residence blends sophisticated style with effortless functionality.
The expansive living, kitchen, and dining areas are anchored by walls of glass, perfectly framing the iconic water views and filling the home with natural light. Step outside to your private pool and take in some of the most sought-after scenery on Possum Kingdom Lake.
Featuring 4 spacious bedrooms, each with its own private en suite bath, this home offers both comfort and privacy for family and guests alike. Whether you're entertaining or enjoying a quiet weekend escape, this property delivers an unmatched lakefront lifestyle.
| |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Parking Features: Additional Parking, Circular Driveway, Concrete
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Chandelier, Double Vanity, Eat-in Kitchen, High Speed Internet, Kitchen Island, Open Floorplan, Sound System, Vaulted Ceiling(s), Walk-In Closet(s), Decorative Lighting, Flat Screen Wiring
Appliances: Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Oven, Gas Water Heater, Microwave, Tankless Water Heater
Flooring Type: Carpet, Ceramic Tile, Wood
Has Fireplace
Fireplace Features: Electric, Gas Log, Propane
Fireplaces: 2
Exterior Details
Square Footage: 3228
Year Built: 2026
Waterfront Features: Lake Front
Levels: Two
Construction Materials: Stone, Stucco
Pool Features: Gunite, In Ground
Pool is Private
Lot Features: Landscaped, Waterfront, Subdivision, Water/Lake View
Lot Size Area: 0.925
Lot Size Units: Acres
Lot Size Acres: 0.925
Lot Size Square Feet: 40293
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Electric, Propane
Location Details
HOA/Condo/Coop Fee Includes: Management Fees
HOA Fee: $1,000
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Palo Pinto
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Listed by: Michael Avidon, Century 21 Mike Bowman, Inc.
Last Updated: 27 days ago
Data Source: NTREIS MLS, MLS# 21377354
Details provided by NTREIS and may not match the public record
Last Updated: 27 days ago
Data Source: NTREIS MLS, MLS# 21377354
Details provided by NTREIS and may not match the public record
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