285 E  Hells Gate Dr, Graford, TX 76449
FOR SALE
0.72 ACRES

285 E Hells Gate Dr
Graford, TX 76449

    $490,000

    Original price: $535,000
    Est. Mortgage $3,071/mo*

    $490,000

    Original price: $535,000
    Est. Mortgage $3,071/mo*
    (on 0.72 acres)

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    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.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    $67/Monthly
    Price/Sqft
    No Info
    Listed
    180+ days ago

    Home Details for 285 E Hells Gate Dr

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available, Sewer Available
    Gas & Electric
    Has Electric on Property
    View
    Has a ViewView: Water

    Exterior Features

    Exterior Home Features
    Vegetation: Cleared
    Pool
    Pool: Community
    Frontage
    WaterfrontWaterfront: Lake Front, WaterfrontRoad Frontage: Private RoadOn Waterfront
    Water & Sewer
    Water Body: Possum Kingdom

    Days on Market

    Cumulative Days on Market: 351Days on Market: 180+

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Usage of Home: Single FamilyParcel Number: 568117

    Price & Status

    Price
    List Price: $490,000
    Status Change & Dates
    Possession Timing: Close Of Escrow

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: Possum Kingdom LakeCommunity: Gaines Bend
    School Information
    Elementary School: Palo PintoElementary School District: Palo Pinto ISDJr High / Middle School: Palo PintoJr High / Middle School District: Palo Pinto ISDHigh School: Palo PintoHigh School District: Palo Pinto ISD

    Agent Information

    Listing Agent
    Listing ID: 20921149

    Community

    Community Features: Boat Facilities, Dock, Gated, Lake, Marina, Pool

    HOA

    HOA Fee Includes: All Facilities, Maintenance Grounds, Sewer, Security, TrashHOA Name: GBPOAHOA Phone: 940-445-9208Has an HOAHOA Fee: $800/Annually

    Lot Information

    Lot Area: 0.72 acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 20921149Living Area Range Units: Square FeetWater ViewWater View: WaterAttribution Contact: (940) 779-1111Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48363-N-568117-R-N

    Additional Information

    Boat FacilitiesDockGatedLakeMarinaPool
    Last check for updates: about 2 hours ago
    Listing courtesy of Jonathan Fowler 0704463, (940) 779-1111
    Possum Kingdom Real Estate, (940) 779-1111
    Keith Hanssen 0445901, (940) 328-4290
    Possum Kingdom Real Estate, (940) 779-1111
    Source: NTREIS, MLS#20921149
    Also Listed on NTREIS.

    Price History for 285 E Hells Gate Dr

    DatePriceEventSource
    04/16/2026$490,000PriceChange
    NTREIS #20921149
    01/14/2026$535,000PriceChange
    NTREIS #20921149
    05/14/2025$619,000Listed For SaleNTREIS #20921149
    10/07/2022--Sold
    NTREIS #20144232
    09/15/2022$400,000PendingNTREIS #20144232
    09/07/2022$400,000ContingentNTREIS #20144232
    08/18/2022$400,000Listed For SaleNTREIS #20144232
    09/24/2014$299,000ListingRemovedAgent Provided
    05/29/2014$299,000Listed For SaleAgent Provided

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    Comparable Sales for 285 E Hells Gate Dr

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.71
    Lot/Land
    -
    12/01/25
    -
    -
    0.78
    Lot/Land
    -
    04/20/26
    -
    -
    0.80
    Lot/Land
    -
    07/21/25
    -
    -
    1.08
    Lot/Land
    -
    08/29/25
    -
    -
    0.94
    Lot/Land
    -
    04/26/26
    -
    -
    0.93
    Lot/Land
    -
    08/15/25
    -
    -
    0.99
    Lot/Land
    -
    04/07/26
    -
    -
    1.06
    Lot/Land
    -
    04/21/26
    -
    -
    1.09
    Lot/Land
    -
    08/18/25
    -
    -
    0.99
    Lot/Land
    -
    03/26/26
    -
    -

    What Locals Say about Graford

    At least 7 Trulia users voted on each feature.
    • 100 % Say yards are well-kept

    • 88 % Say they plan to stay for at least 5 years

    • 88 % Say parking is easy

    • 86 % Say car is needed

    • 80 % Say it's quiet

    • 78 % Say there's wildlife

    • 78 % Say kids play outside

    • 71 % Say people would walk alone at night

    • 71 % Say there's holiday spirit

    • 64 % Say there are community events

    • 64 % Say neighbors are friendly

    • 44 % Say it's dog friendly

    • 44 % Say it's walkable to grocery stores

    • 31 % Say it's walkable to restaurants

    Learn more about our methodology.

    LGBTQ Local Legal Protections

    Jonathan Fowler, Possum Kingdom Real Estate, (940) 779-1111
    Agent Phone: (940) 779-1111
    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
    285 E Hells Gate Dr, Graford, TX 76449 is a lot/land. This property is currently available for sale and was listed by NTREIS on May 14, 2025. The MLS # for this home is MLS# 20921149.