About Lot 5 E Hells Gate Drive
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.
Status Change History
| Date | Details | Status |
|---|---|---|
| Aug 12, 2026 | Status Changed from Pending to Closed | Closed |
| Jul 17, 2026 | Status Changed from Active to Pending | Pending |
Price Change History
| Date | Details | Price |
|---|---|---|
| Apr 16, 2026 | Price Reduced from $745,000 to $695,000 | $695,000 |
Features of Lot 5 E Hells Gate Drive
| MLS® # | 21189916 |
|---|---|
| Price | $695,000 |
| Acres | 0.59 |
| Type | Land |
| Sub-Type | Unimproved Land |
| Status | Closed |
Community Information
| Address | Lot 5 E Hells Gate Drive |
|---|---|
| Subdivision | Gaines Bend Sub |
| City | Graford |
| County | Palo Pinto |
| State | Texas |
| Zip Code | 76449 |
Amenities
| Utilities | Asphalt, Co-op Electric, Co-op Water, Community Mailbox, Private Road, Private Sewer |
|---|---|
| Is Waterfront | Yes |
| Waterfront | Lake Front |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Adjacent to Greenbelt, Few Trees, Level, Water/Lake View, Waterfront |
|---|
School Information
| District | Palo Pinto ISD |
|---|---|
| Elementary | Palo Pinto |
| Middle | Palo Pinto |
| High | Mineral Wells |
Additional Information
| Date Listed | March 20th, 2026 |
|---|---|
| Date Sold | August 7th, 2026 |
| Days on Market | 179 |
| Zoning | Residential |
Listing Details
| Agent | Clay Springer |
|---|---|
| Office | The Brokerage Residential LLC |
| Contact Info | 972-379-7486 |