Date
Details
Price
Change
Source
1/24/2026
Listed
$113,000
—
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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1/23
$113,000 Just Listed
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1/23
Property Description
This one acre rectangular lot is fairly level with a small slope on the front that allows for nice lake views. Pictures indicate what you can see behind and between the existing houses. A two story home with a minimum of 1000 sq ft downstairs is allowed to take full advantage of the view of the Cliffs Marina and the tranquil waters of Neeley's Slough. 1200 sq ft minimum build for a one story home. You can use this property for short term rentals like VRBO! This land is ready for you to choose where to put your dream lake home to maximize the views. In the meantime, if you decide to wait on building, you will enjoy the sights and sounds of nature around Gaines Bend whie you take advantage of the water access and courtesty dock. Now is a great time to come on out as the annual Mardi Gras parade is the first Saturday of March. Best seen in person!
Full Property Details
Full Property Details for Lot 55 Cheyenne Dr
General
- Price: $113,000
- HOA FEE: $83/month
- HOA FEE FREQ.: Annually
- Taxes: $1,330
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21151922
- Updated: 1/24/2026
- Added to Site: 1 day(s) ago
Location
- County: Palo Pinto
- Subdivision: Gaines Bend
- Driving Directions: Take Hwy 16 to Gaines Bend on south side of PK Lake. Go approximately 3 miles and pass Rawhide Ridge. Turn RIGHT onto Cheyenne Drive. Lot will be on the left, across from the house. It is a corner lot.
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
- Gated community: Yes
- Association: Yes
- Assoc. Name: Empire South
- Assoc. Fees Include: All Facilities, Association Management, Maintenance Grounds
Utilities
- Water: Community/Coop
- Utility Description: Electricity Available, Propane, None, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Residential, Single Family
Lot Features
- Property View: Water
- Lot Size (Acres): 1.058
- Lot Size (Sq. Ft.): 46,086.48
- Frontage: Private Road, Asphalt
- Lot Features: Corner Lot, Subdivision
- Development Status: Site Plan Approved, Zoned
- Potential Use: Residential
- Zoning: residential
Water Features
- Water View: Yes
- Boat Dock Slip: Yes
Financial Considerations
- Association Fee: $1,000
- Assoc Fee Freq.: Annually
- Tax Amount: $1,330
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Documents Avail.: Plat, Aerial
- Legal Description: ACRES: 1.058 THE RESERVE AT GAINES BEND PH 1
- Property ID: 565415
- Lot Number: 55
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Price & Sales History for Lot 55 Cheyenne Dr
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Lot 55 Cheyenne Drive, Possum Kingdom Lake, TX 76449 (MLS# 21151922) is a Lots/Land property with a lot size of 1.058 acres. Lot 55 Cheyenne Drive is currently listed for $113,000 and was received on January 24, 2026. This property is listed by Sabrina Sparkman from our Southlake Office.Want to learn more about Lot 55 Cheyenne Drive? Do you have questions about finding other Lots/Land real estate for sale in Possum Kingdom Lake? You can browse all Possum Kingdom Lake real estate or contact a Coldwell Banker agent to request more information.