Date
Details
Price
Change
Source
3/20/2026
Listed
$745,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/17
$745,000 Just Listed
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1/17
Property Description
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.
Full Property Details
Full Property Details for Lot 5 East Hells Gate Dr
General
- Price: $745,000
- HOA FEE: $71/month
- HOA FEE FREQ.: Annually
- Taxes: $4,492
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21189916
- Updated: 3/20/2026
- Added to Site: 1 day(s) ago
Location
- County: Palo Pinto
- Subdivision: Gaines Bend Sub
- Driving Directions: Enter Gaines Bend from Hwy 16. Continue on Gaines Bend Drive. Turn left onto East Hells Gate Dr. Lot is on the left.
School Information
- Elem School District: Palo Pinto ISD
- Midd School District: Palo Pinto ISD
- High School District: Palo Pinto ISD
- Elementary School: Palo Pinto
- Middle School: Palo Pinto
- High School: Mineral Wells
Community
- Association: Yes
- Assoc. Name: Gaines Bend - PMI
- Assoc. Fees Include: All Facilities, Association Management
Utilities
- Sewer: Private Sewer
- Water: Community/Coop
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
Lot Features
- Property View: Water
- Lot Size (Acres): 0.585
- Lot Size (Sq. Ft.): 25,482.6
- Frontage: Private Road, Asphalt
- Lot Features: Backs to Greenbelt/Park, Level, Few Trees, Waterfront
- Development Status: Other, Streets Installed
- Zoning: Residential
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Possum Kingdom
- Water Front Desc.: Lake Front, Waterfront
- Lake Front: Yes
Financial Considerations
- Association Fee: $850
- Assoc Fee Freq.: Annually
- Tax Amount: $4,492
Disclosures and Reports
- Legal Description: ACRES: 0.585 GAINES BEND PK LAKE BLK 5 LOT 5
- Property ID: 564549
- Block: 5
- Lot Number: 5
Listed by The Brokerage Residential LLC, Clay Springer and The Brokerage Residential LLC, Bo Bennett
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Listing agents
— Lot 5 East Hells Gate Dr —
Clay Springer
The Brokerage Residential LLC
Bo Bennett
The Brokerage Residential LLC
972-379-7486
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for Lot 5 East Hells Gate Dr
Tax History
Tax History for Lot 5 East Hells Gate Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12
—
$860
-5%
2023
$12
-14%
$910
—
2022
$14
-61%
$910
-56%
2021
$36
38%
$2,060
48%
2020
$26
—
$1,390
—
2019
$26
—
$1,390
—
2018
$26
4%
$1,390
—
2017
$25
56%
$1,390
58%
2016
$16
—
$880
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for Lot 5 East Hells Gate Dr
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- Mobile Home
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- Condo
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
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- Condo
- Active
- Updated 5 days ago
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- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 2Total Baths
Lot 5 East Hells Gate Drive, Graford, TX 76449 (MLS# 21189916) is a Lots/Land property with a lot size of 0.585 acres. Lot 5 East Hells Gate Drive is currently listed for $745,000 and was received on March 20, 2026. Want to learn more about Lot 5 East Hells Gate Drive? Do you have questions about finding other Lots/Land real estate for sale in Graford? You can browse all Graford real estate or contact a Coldwell Banker agent to request more information.