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Lot/land
    • Price cut: $5K (7/2)
    $485,000

    285 E Hells Gate Dr, Graford, TX 76449

    --beds
    --baths
    0.73Acres
    Unimproved Land
    Built in ----
    0.73 Acres Lot
    $-- Zestimate®
    $--/sqft
    $67/mo HOA

    What's special

    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.
    477 days
    148
    8

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Fowler 0704463 (940)779-1111,

    Possum Kingdom Real Estate 940-779-1111,

    Keith Hanssen 0445901 940-328-4290,

    Possum Kingdom Real Estate

    Source: NTREIS,MLS#: 20921149

      Facts & features

      Interior

      Video & virtual tour

      Property

      Features
      • Pool features: Community
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Waterfront features: Lake Front, Waterfront
      • Body of water: Possum Kingdom
      Lot
      • Size: 0.73 Acres
      • Features: Level, Rock Outcropping, Subdivision, Waterfront
      • Residential vegetation: Cleared
      Details
      • Parcel number: 568117
      • Zoning description: residential

      Utilities & green energy

      • Utilities for property: Electricity Available, Sewer Available

      Community & HOA

      Community
      • Features: Boat Facilities, Dock, Gated, Lake, Marina, Pool
      • Subdivision: Gaines Bend
      HOA
      • Has HOA: Yes
      • Services included: All Facilities, Maintenance Grounds, Sewer, Security, Trash
      • HOA fee: $800 annually
      • HOA name: Gbpoa
      • HOA phone: 940-445-9208
      Location
      • Region: Graford

      Financial & listing details

      • Annual tax amount: $5,357
      • Date on market: 5/14/2025
      • Cumulative days on market: 478 days
      • Listing terms: Cash,Conventional,1031 Exchange

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,690/mo

        Price history

        DateEventPrice
        7/2/2026Price change$485,000-1%
        Source: NTREIS #20921149 Report a problem
        4/16/2026Price change$490,000-8.4%
        Source: NTREIS #20921149 Report a problem
        1/14/2026Price change$535,000-13.6%
        Source: NTREIS #20921149 Report a problem
        5/14/2025Listed for sale$619,000+54.8%
        Source: NTREIS #20921149 Report a problem
        10/7/2022Sold--
        Source: NTREIS #20144232 Report a problem
        9/15/2022Pending sale$400,000
        Source: NTREIS #20144232 Report a problem
        9/7/2022Contingent$400,000
        Source: NTREIS #20144232 Report a problem
        8/18/2022Listed for sale$400,000+33.8%
        Source: NTREIS #20144232 Report a problem
        9/24/2014Listing removed$299,000
        Source: Jackson Real Estate #12011384 Report a problem
        5/29/2014Listed for sale$299,000
        Source: Jackson Real Estate #12011384 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 76449

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Palo Pinto
        • Middle: Palo Pinto
        • High: Palo Pinto
        • District: Palo Pinto ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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