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Listing provided courtesy of The Brokerage Residential LLC- MLS# 21189916MLS ProviderContact Information: Clay Springer - 972-379-7486

Lot 5 E Hells Gate DriveGraford, TX 76449

Vacant Land · 0.58 Acres
$695,000 Active

Lot 5 E Hells Gate Drive Overview

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Build your dream lake home on one of the most iconic view lots at Possum Kingdom Lake. This exceptional 0.585-acre flat homesite sits along the coveted cliff line on East Hells Gate Drive, offering front-row views of the legendary Hells Gate Cove—one of PK’s most recognized landmarks. Imagine waking up each morning to panoramic lake views and ending your evenings with unmatched sunsets over the water. This property also provides a prime vantage point for the famous Hells Gate fireworks show, making it an ideal setting for both private enjoyment and entertaining. Located within the highly sought-after gated community of Gaines Bend, residents enjoy exclusive amenities including two private boat ramps and access to a marina, ensuring effortless days on the lake. To make your vision even more seamless, a full set of custom luxury home plans—approximately 4,000 square feet and site design. It is a rare opportunity to secure a premier build site in one of PK’s most desirable locations. Listing agent is part owner.

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Lot 5 E Hells Gate Drive Facts & Features

  • Type Vacant Land
  • Lot 0.58 Acres

Details

General

Association/HOA

  • Association Fee: 850.0
  • Association Fee Frequency: Annually
  • Association Fee Includes: All Facilities,Association Management
  • Association Name: Gaines Bend - PMI
  • Association: Yes

School Information

  • School District: Palo Pinto ISD
  • Elementary School: Palo Pinto
  • Middle Or Junior School: Palo Pinto
  • High School: Mineral Wells

Location/Region

  • Country: US
  • County Or Parish: Palo Pinto
  • Postal City: GRAFORD
  • Subdivision Name: Gaines Bend Sub

Community/Development

  • Community Features: Community Mailbox
  • Development Status: Other,Streets Installed

Tax Information

  • Tax Annual Amount: 4492.0

General Information

  • Parcel Number: 564549
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Backs to Greenbelt/Park,Level,Few Trees,Waterfront
  • Lot Size Acres: 0.585
  • Lot Size Area: 0.585
  • Lot Size Square Feet: 25482.6
  • Lot Size Units: Acres
  • Road Surface Type: Asphalt
  • Water Source: Community/Coop

Waterfront/View

  • Water Body Name: Possum Kingdom
  • Waterfront Features: Lake Front,Waterfront
  • Waterfront: Yes

General Information

  • Road Frontage Type: Private Road
  • Sewer: Private Sewer
  • Utilities: Electricity Available,Sewer Available,Water Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Lot 5 E Hells Gate Drive Market Data

Based on the last 30 days in this zip code

$1,058,741
Average List Price
$430
Average Price per Square Foot
10
Properties Sold
128
Average Days on Market
152
Properties for Sale
Calculations provided by Reliance Network


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