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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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Lot 285 E Hells Gate Drive , Possum Kingdom Lake, TX 76449
$485,000
Est. Payment: $2,496.99/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 467
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Harrison Lilly, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Harrison Lilly
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House Description

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.
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Highlights

Listed by Jonathan Fowler , and Keith Hanssen , Possum Kingdom Real Estate , North Texas Real Estate Information Systems

Property Type

Vacant Land
Lot/Acreage
0.72

HOA Fee

800 Annually

County

Palo Pinto

 Neighborhood

Gaines Bend

 School District

Palo Pinto ISD

Listing ID

20921149

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features

Lot:Level,Rock Outcropping,Subdivision,Water/Lake View,Waterfront,.5 to < 1 Acre,Lake Front
Zoning:residential
Principal Interest
$2,497
Taxes
$446
HOA
$800

Home Price

$485,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$97,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,496.99

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,496.99 $446.42 $800.00 $3,743.41
Yearly $29,963.89 $5,357.00 $9,600.00 $44,920.89
Total $898,916.63 $160,710.00 $288,000.00 $1,347,626.63

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Possum Kingdom Lake, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T23:23:04.180Z

© 2026 North Texas Real Estate Information Systems