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$1,250,000
3 Beds ⋅ 2 Baths ⋅ 21384522 MLS
Waterfront living at its finest on Possum Kingdom Lake. This beautifully updated 3-bedroom, 2-bath lake home offers incredible views, deep water access, and comes mostly furnished, making it move in or rental ready. The home features an open-concept layout designed for lake life, with spacious living areas, abundant natural light, and multiple spaces to relax or entertain. Two separate living areas provide flexibility for hosting guests or accommodating larger groups. Step outside to enjoy multiple outdoor living spaces, including patios perfect for taking in the sweeping elevated lake views and entertaining friends and family. Down at the water, the property boasts a two-story boat dock complete with boat & PWC slip, sundeck that's ideal for lounging or jumping into the deep clear water that is approximately 26 feet deep! The dock and walkway are in excellent condition and ready for immediate use, giving you effortless access to some of the best deep water on Possum Kingdom. With its desirable waterfront location and turnkey setup, the property also offers proven short-term rental potential. Whether you're looking for a weekend getaway, full-time lake house, or income-producing property, this Possum Kingdom retreat checks every box. Come experience the lake lifestyle and start making memories on the water.

2179 Trail Ridge Rd, Graford
$2,595,000
4 Beds ⋅ 5 Baths ⋅ 21377354 MLS
Experience refined lake living in this stunning new construction home showcasing unobstructed, panoramic views of Hell’s Gate. Thoughtfully designed with modern, clean lines and a seamless open-concept layout, this residence blends sophisticated style with effortless functionality. The expansive living, kitchen, and dining areas are anchored by walls of glass, perfectly framing the iconic water views and filling the home with natural light. Step outside to your private pool and take in some of the most sought-after scenery on Possum Kingdom Lake. Featuring 4 spacious bedrooms, each with its own private en suite bath, this home offers both comfort and privacy for family and guests alike. Whether you're entertaining or enjoying a quiet weekend escape, this property delivers an unmatched lakefront lifestyle. This property is being sold FULLY FURNISHED!

961 E Hells Gate Dr, Graford
$1,200,000
3 Beds ⋅ 3 Baths ⋅ 21360444 MLS
A true Possum Kingdom Lake getaway, this waterfront property is designed for long lake days, relaxed evenings, and weekends filled with family and friends. Offering approximately 75 feet of shoreline and approximately 15-plus feet of water off the dock, this property provides the deep-water access lake buyers are looking for. The main house features two bedrooms, two full bathrooms, an open living area, and a covered porch perfect for enjoying morning coffee or winding down after a day on the water. A detached guest house offers a third bedroom, full bathroom, and three additional beds, giving the property enough space to comfortably sleep 12 or more guests. Step outside and enjoy direct access to Possum Kingdom Lake from the private covered dock with a personal boat lift. The spacious layout, separate guest accommodations, and generous sleeping capacity makes this property an ideal weekend retreat, full-time lake home, or short-term rental opportunity. Conveniently located near restaurants, the grocery store, and other shops, you can enjoy the laid-back lake lifestyle without giving up everyday conveniences. Bring the boat, invite your friends, and start making memories at PK.

1637 Cedar Crest Loop, Possum Kingdom Lake
$350,000
21361487 MLS
Build your dream home at Possum Kingdom Lake in the highly desirable gated community of Gaines Bend. Lot 18 on Firewheel Trail offers .851 acres of flat, build-ready land, providing an exceptional canvas for a custom lake home with plenty of room for outdoor living, entertaining and enjoying the relaxed PK lifestyle. Gaines Bend is one of Possum Kingdom Lake’s established communities, known for its beautiful surroundings, privacy and convenient access to the water. Located near Hell’s Gate, one of PK Lake’s most famous landmarks, you’ll be close to the heart of lake activity while still enjoying the peaceful setting of Gaines Bend. Spend your days boating, swimming and exploring the lake, then come home to your own private retreat. A boat slip is available at a nearby marina, making lake days easy and convenient. Looking for even more space? Adjoining Lot 19 is also available, offering a rare opportunity to purchase both homesites and create an impressive 1.636-acre property at Possum Kingdom Lake. Whether building now or securing your place at PK for the future, Lot 18 offers the space, location and possibilities to make it your own.

Lot 18 Firewheel, Graford
$3,999,999
4 Beds ⋅ 5 Baths ⋅ 21361249 MLS
Completed new construction on the west side of Possum Kingdom Lake with expansive lake views across the rear of the residence. This custom 4-bedroom, 4.5-bath home features a rock exterior, metal roof and extensive completed exterior improvements. The rear of the home has southeast exposure and is positioned to capture lake views from the main living areas. The open-concept living, dining and kitchen areas are designed for comfortable everyday living and entertaining, with an easy flow between the spaces and the lake-facing areas of the home. The kitchen features a Black Diamond granite island, decorative lighting and all-brand-new appliances, which convey with the property. The spacious island provides additional workspace and seating and serves as a central gathering area for family and guests. The primary bath includes manmade quartzite, dual vanities, a spacious walk-in shower and separate tub. Three additional guest bathrooms provide convenience for family and guests. Two dedicated laundry rooms add functionality. LVP flooring is installed throughout the main living areas, ceramic tile is featured in the bathrooms and carpeted stairs lead to the bunkhouse bedroom. Exterior improvements include new sod, rock and limestone landscaping, extensive concrete work and a new asphalt driveway. A dedicated path provides golf cart or side-by-side access toward the water's edge. A new dock is currently under construction. Dock permit is in place, with estimated completion on or about September 15, 2026. Upon completion, the dock is expected to provide approximately 40 feet of water depth. Buyer should independently verify all dimensions, water depth, dock specifications, permits and completion dates. Completed and ready for occupancy, this west-side lakefront property offers new construction, an open entertaining layout, brand-new appliances conveying with the property, custom finishes, extensive site improvements and convenient access toward the waterfront.

5417 Stillwater Ln, Possum Kingdom Lake
$1,900,000
4 Beds ⋅ 3 Baths ⋅ 21317687 MLS
Tucked beneath a canopy of mature oak trees, this recently remodeled waterfront retreat offers privacy, beautiful lake views, and an exceptional setting just steps from the water. Beyond the gated entrance, the home opens to refreshed interiors designed for comfortable lake living and effortless entertaining. The main level features an inviting living space anchored by a dramatic stone fireplace and custom cabinetry, while large openings lead to an expansive lakeside balcony overlooking the water. The updated kitchen offers generous bar seating and flows naturally into the dining area, creating a central gathering space for family and guests. Upstairs, the private primary suite enjoys an en-suite bath and direct balcony access with peaceful water views. Two additional guest bedrooms provide plenty of room for overnight stays. Downstairs, a spacious den and game room extend the entertaining space, along with a flexible bunk room or fourth bedroom, a secure safe room or additional storage, and direct access to a large covered lakeside patio. Outside, mature trees, natural boulders, and the home's close proximity to the shoreline create a true lakefront escape. A private walkway leads to the two-story dock with a boat slip, making it easy to get on the water whenever you're ready.

2161 Trail Ridge 2, Possum Kingdom Lake
$1,300,000
3 Beds ⋅ 3 Baths ⋅ 21350751 MLS
Looking for a Possum Kingdom Lake waterfront home where family, friends, boats, an RV & all your lake toys have room to come along? This gated 3-bedroom, 3-bath property offers 2,378 sq. ft. of flexible living space on an oversized waterfront lot with 120 ft. of shoreline, beautiful lake views, a 2-story dock, private boat launch, guesthouse, insulated drive-through shop & no HOA! Designed for relaxed full-time or weekend living, the open-concept home features an oversized living room with room for generous seating, plus a spacious kitchen with gas range, abundant cabinetry & pantry storage. The primary suite offers double closets, a large walk-in tile shower & jetted tub. Extra closets, built-ins & a spacious laundry room make lake living even easier. Step outside and this property really shines. Morning coffee, sunset drinks & lake days start right here on the wraparound deck and covered patio overlooking the water. The level fenced yard features underground sprinklers supplied by lake water, while the asphalt driveway provides plenty of parking and extends all the way to the waterfront for easy dock access. The separate lake view guesthouse, included in the total square footage, has a half bath & wet bar—perfect for overnight guests, a game room or private retreat. The insulated drive-through shop offers plenty of room for boats, vehicles, lake toys & projects, with a separate shed for lawn equipment. A 2024 TPO roof adds energy efficiency, and a new water heater was installed in 2026. Water depth was approximately 13.5 ft. at the dock when listed and approximately 16 ft. when the lake is full. Dock & walkway need minor improvements and are sold as-is. Bring the boat, invite the family and start making memories at Possum Kingdom Lake!

119 Casey Ln, Graford
$599,000
3 Beds ⋅ 2 Baths ⋅ 21354779 MLS
Experience refined lake living in this exceptional newly built waterfront barndominium, privately nestled along the Cedar Creek arm of Possum Kingdom Lake. Located within Crystal Bay, a charming gated community, this property offers a rare combination of tranquility, privacy, modern luxury, and convenient access to the best of the West Side. Thoughtfully designed with approximately 1,800 square feet, this impressive 3-bedroom, 2-bath residence showcases a sophisticated open-concept floor plan with vaulted ceilings, expansive water-view windows, and a soft neutral palette that creates an inviting, timeless atmosphere. The beautifully appointed kitchen features elegant granite countertops, abundant cabinetry and storage, and premium stainless-steel appliances. The spacious bedrooms offer generous closet space, while both bathrooms feature custom tile and granite countertops. A large utility room provides convenient full-size washer and dryer connections. Designed for effortless indoor-outdoor living, the expansive 12x32 covered patio is perfect for morning coffee, sunset entertaining, or simply taking in the breathtaking lake views. An outdoor shower adds convenience after a day on the water, while the exterior irrigation system enhances the grounds. This home is fully spray-foamed, with 6 inches of insulation in the ceiling and 4 inches in the walls for enhanced comfort and efficiency. Crystal Bay residents also enjoy access to a community boat ramp for easy lake access. Across the lake, the state park provides a scenic backdrop and natural beauty, with new homes planned in the area. This peaceful retreat is still only approximately 15 minutes from town, restaurants, and everyday conveniences. Whether a luxurious weekend escape, full-time residence, or exceptional lake retreat, this property offers an elevated Possum Kingdom lifestyle where modern design, waterfront beauty, and tranquility come together beautifully.

17995 Pr 3004, Graham
$145,000
21337970 MLS
Discover the perfect setting for your dream lake retreat on this exceptional 0.765-acre homesite in the Hog Bend shoreline of Possum Kingdom Lake. Property is ONLY ACCESSIBLE BY BOAT which means, premium shoreline without the premium price tag. There is an existing septic system - tank on the property. Positioned on Broadway, this property captures breathtaking panoramic lake views and overlooks a deep-water section of PK Lake, offering an incredible backdrop for your future lake cabin. With plenty of space to design a custom lake getaway, the gently sloping lot provides endless possibilities for maximizing the expansive water views while enjoying the privacy and tranquility that make Hog Bend so desirable. Enjoy the relaxed lifestyle of one of Possum Kingdom Lake's hidden gems, where boating, fishing, swimming, and unforgettable sunsets are all just moments away. Rare opportunities to own a spacious lot with commanding lake views in a deep-water location don't come along often - start building your Possum Kingdom Lake dream today.

3500 Hog Bnd Unit 156, Possum Kingdom Lake
$2,599,999
6 Beds ⋅ 7 Baths ⋅ 21337393 MLS
Brand new luxury waterfront retreat offering the ultimate Possum Kingdom Lake lifestyle with exceptional short-term rental potential. Perfectly positioned on one of the lake's most desirable shorelines, this newly completed barndominium sits on approximately 60 feet of deep, year round water and features a rare maximum sized 2,000 sq. ft. covered dock, creating the perfect setting for boating, fishing, swimming, and unforgettable weekends on the lake. Designed for entertaining, the nearly 5,000 sq. ft. home offers 6 bedrooms, 6 full baths, and 1 half bath with an open concept layout that comfortably accommodates large families, corporate retreats, or vacation guests. The chef's kitchen showcases commercial grade appliances, an oversized island, granite countertops, abundant seating, and flows seamlessly into expansive living and dining areas overlooking the water. Upstairs is an entertainer's dream featuring an enormous game room complete with a full wet bar, pool table, shuffleboard, surround sound wiring, and a massive covered balcony with panoramic lake views. Spacious bedrooms, multiple ensuite baths, smart home technology, luxury vinyl plank flooring, and premium finishes provide comfort for every guest. Outside, enjoy covered patios, outdoor grilling area, fire pit, oversized parking, and direct access to one of Texas premier recreational lakes. Site plan includes location for lakeside swimming pool. So whether you're creating lifelong family memories or building a high performing vacation rental portfolio, this turnkey property delivers both luxury and income potential in one of Possum Kingdom's premier waterfront locations.

4971 Hawk Rd, Possum Kingdom Lake
$109,000
21332921 MLS
Prime lot offering lake views and endless potential. Located along Park Road 36 with valuable road frontage, this property is well-suited for residential construction, commercial use, or a mixed-purpose vision. The setting provides an excellent opportunity for a custom lake home, vacation retreat, or a business that benefits from high visibility. Drive by anytime to explore the location and imagine the possibilities. All building plans and improvements must be submitted for approval. May be approved for up to 3 homes. A rare chance to secure a versatile parcel in a highly desirable area.

Tbd Park Rd, Possum Kingdom Lake
$335,000
2 Beds ⋅ 2 Baths ⋅ 21321180 MLS
Everyone is looking for a great view, and have the bottom floor condo. You have found this along with a covered carport and the opportunity to have a boat slip. The covered patio is approximately eight by twenty-seven feet. Yo can see the Palo Pinto Mountains, and enjoy the great view of Possum Kingdom Lake. You have two bedrooms and two bathrooms, along with an open space living room, dinning room , and kitchen area. When it starts getting cooler weather, you will enjoy the fire place. You also have a community pool, playground, and tennis courts. The marina is within walking distance. The nearby fire station will give you a sense of security. You can get to the patio deck by the living room back door, or the primary bedroom. There is also a private airstrip that makes your trip a little quicker.

3033 Hells Gate Loop Unit D101, Strawn
$3,995,000
4 Beds ⋅ 5 Baths ⋅ 21319086 MLS
Designed around expansive lake views and effortless lake living, this custom waterfront home brings together clean modern finishes, generous indoor-outdoor space, and direct access to a deep-water dock. Oversized Marvin sliding doors frame the lake from the main living space and open to the covered lakeside living area, complete with a built-in outdoor kitchen. Positioned to take full advantage of dramatic sunsets, the main level is built for both quiet mornings and full-house entertaining. The kitchen is centered around a 10' x 6' porcelain island and opens naturally to the living and dining areas, giving the home an easy, comfortable flow. Tucked behind the main kitchen, the scullery adds valuable functionality with a secondary refrigerator, built-in microwave, custom cabinetry, and open shelving. A dedicated coffee bar adds convenience for slow mornings, while a glass-walled display nook tucked under the stairs adds a quiet, elegant touch. Upstairs, a spacious second living area serves as a private lounge-style retreat with a wet bar, beverage refrigerator, and access to a second-story covered patio overlooking the lake. The upper level also includes three bedrooms and a dedicated workout room, providing comfortable space for family and guests. Outside, stairs lead to a concrete walkway with direct access to the deep-water dock, keeping the walk from kitchen to boat short and easy. The home’s lake-facing design, elevated outdoor living, and dock access create the full Possum Kingdom waterfront experience. This is more than a house on the lake; it is a home built around the water, the sunsets, and the life that happens in between.

2449 Upper Burma, Possum Kingdom Lake
$1,700,000
3 Beds ⋅ 2 Baths ⋅ 21314868 MLS
Discover the perfect opportunity to own a true walk-out waterfront retreat in the highly sought-after Gaines Bend community on Possum Kingdom Lake. Nestled in a peaceful, scenic cove, very short distance from the main body of PK, this property offers the kind of lake living people dream about—calm waters, stunning views, and direct access right from your backyard. It's a must see! The main home offers solid bones and tons of potential. It’s ready for someone with vision—a little TLC will go a long way in transforming this into the ultimate lake getaway or full-time residence, This 3 bedroom 2 bath house has stunning lake views from the beautiful large windows that wrap the back of the home. With nearly 400 square feet of additional guest-house space, with its own private bathroom, you’ll have room for friends, family, or even a private retreat of your own. Step outside and enjoy your very own boat ramp as well as a 24x32 single-slip dock, complete with HydroPort lifts for up to four jet skis, making it effortless to spend your days on the water. Whether you’re boating, swimming, or simply relaxing on the dock, this cove setting delivers the ideal blend of privacy and beauty. Between the unbeatable location, walk-out water access, guest house and valuable dock setup, this property is priced to sell and ready for its next chapter. Opportunities like this in Gaines Bend don’t come around often. This home won't last and is priced to sell, being sold as-is, contact agent for more details.

1011 Firewheel Trl, Graford
$579,000
3 Beds ⋅ 2 Baths ⋅ 21310915 MLS
Gated entry to your own spacious lakeside haven, set on a generous waterfront lot with an oversized, lush play yard that feels like a private park. This cheerful and mostly furnished 3bedroom, 2bath home welcomes you with a bright, happy living room addition showcasing sparkling lake views, an open dining area, and a flowing floorplan designed for easy gatherings. A large lakeside deck extends your living space outdoors, ideal for entertaining, unwinding, or simply soaking in the tranquil scenery. Follow the gentle walk down to the water where a rock retaining wall for erosion control, and swim dock awaits, perfect for fishing, lounging, or jumping in for a refreshing dip. A private boat ramp makes lake days effortless. Storage is never an issue here- enjoy abundant space for all your lake toys, plus boat, RV parking. The property also includes a 2 car attached carport, a garage with workshop, and an additional carport, plenty of room for guests, gear, and hobbies. A rare combination of space, comfort, and true lake-living convenience, this property is ready to enjoy.

313 Butler Point Rd, Possum Kingdom Lake
$5,499,000
7 Beds ⋅ 6 Baths ⋅ 21308155 MLS
Presenting 9,600+ sq ft under AC of pure Lakefront Luxury on Possum Kingdom Lake! This remarkable Waterfront Estate seamlessly combines comfort and sophistication. Overlooking the pristine waters of Possum Kingdom Lake, this property offers breathtaking panoramic views. The residence features 7 bedrooms one of which is a bunkroom sleeping 6 adults and 5.5 baths, including an office space that could potentially be an 8th bedroom with closet, ideal for large family gatherings. Separate workout facility and a mother-in-law suite. The climate-controlled six-car, Showroom Quality garage is equipped with all essential amenities. The open-concept living, kitchen, and dining areas boast soaring ceilings and expansive windows, merging indoor and outdoor spaces. The plush lower-level primary suite offers cruise ship views, a grand ensuite bath, and a posh designer closet with additional laundry facilities. Unleash creativity in the custom craft room, complemented by a large utility room. The estate includes perfectly appointed guest suites, a custom wet bar, and a media room with theater seating and concession station. Outdoor features include a spacious covered patio with spectacular views of Hells Gate and Deep Blue Waters. Handsome WBFP, an outdoor kitchen, a lower-level firepit with seating for those chilly nights as well as a balcony for relaxation or entertainment. A state-of-the-art elevator leads to a two-story dock with a shaded upper deck and double boat slip. This prime location Is just a quick sea doo trip away from the impressive landmark of Hells Gate. Fully furnished, you’ll be ready to embrace a luxurious lake lifestyle!

1025 Pecan Rdg, Possum Kingdom Lake
$175,000
1 Baths ⋅ 21257709 MLS
Escape to your own private waterfront retreat at 3500 Hog Bend #48 on Possum Kingdom Lake. Seller is offering a $30,000 REPAIR CONCESSION to be credited towards the replacement of the dock. Accessible ONLY by BOAT, this 0.634-acre lakefront property is the ultimate secluded getaway with a beautiful sandy beachfront and room to create a future family compound. The property features an existing 224-square-foot TINY HOME perfectly suited for weekend lake adventures, along with a lawnmower & storage shed and a separate pump-house equipped with an additional toilet and outdoor shower. Lake Water Pump & electrical systems on dock recently redone by Groves Mechanical. Designed with future expansion in mind, the property already includes underground infrastructure for raw lake water, electricity, separate potable water line and septic infrastructure pre-installed for a main Lakefront Cabin & a TOTAL of 4 tiny homes creating a unique opportunity to develop a private lakeside compound. New shop could also be built with prewired underground electrical and lake water line. Enjoy swimming from the sandy shoreline, relaxing under the stars, fishing from your dock, and experiencing the peaceful beauty of one of PK Lake's most secluded waterfront locations. Whether you're looking for an off-grid-style escape, a recreational basecamp, or a property with room to grow, this Hog Bend gem offers endless possibilities. Seller would consider conveying their modified pontoon barge in the sale of property.

3500 Hog Bend, Unit 48, Possum Kingdom Lake
$640,000
4 Beds ⋅ 4 Baths ⋅ 21290511 MLS
Charming waterfront cabin perfectly positioned on a quiet cove of Possum Kingdom Lake. Enjoy lake life to the fullest with a spacious screened in porch, waterside patio, and cozy fire pit overlooking breathtaking sunsets. The property features a 55x20 foot climate controlled shop with two bedrooms and a full bathroom, offering comfortable guest accommodations or space to store all your lake toys. The main cabin provides a warm and inviting living space with classic PK character, while the covered Cantina creates the ultimate outdoor entertaining area for family and friends. This well maintained retreat includes a fenced yard and private dock with low maintenance Trex decking, all set in a quiet neighborhood on the popular peninsula. A rare find combining charm, comfort, and functionality right on the water.

1601 Forum Cir Unit 156, Graford
$1,650,000
4 Beds ⋅ 5 Baths ⋅ 21283911 MLS
This luxuriously remodeled waterfront retreat, perfectly positioned in one of the most sought after areas of Possum Kingdom Lake, offers an exceptional blend of upscale lake living and proven income producing potential. Thoughtfully designed and impeccably updated, this turnkey property is being offered fully furnished, making it ready for immediate enjoyment or continued short term rental success. Inside, the home welcomes you with a bright and sophisticated open concept design featuring soaring vaulted ceilings, expansive windows, and a beautifully refreshed living area that seamlessly combines modern elegance with relaxed lakefront comfort. The inviting fireplace creates a warm focal point for gathering and entertaining, while the spacious layout offers effortless flow throughout the home. Recent enhancements include a stunning new back patio designed for elevated outdoor living, providing the perfect setting for entertaining guests, dining under the stars, or simply enjoying the breathtaking panoramic lake views. Upstairs, multiple flexible living and sleeping spaces comfortably accommodate family and guests alike. This property truly stands apart with its rare sandy beach frontage and newly added private boat dock, delivering direct access to the crystal clear waters of Possum Kingdom Lake and the ultimate luxury lake lifestyle. Beyond its beauty, this home is an established high performing short term rental with a strong presence on Airbnb and VRBO, offering immediate revenue potential for investors or buyers seeking a seamless turnkey opportunity. Whether you are searching for a luxury personal getaway, an income producing asset, or both, this exceptional waterfront property delivers on every level.

1907 Buck Run, Possum Kingdom Lake
$3,999,990
5 Beds ⋅ 6 Baths ⋅ 21282450 MLS
Welcome to 983 E Hells Gate Drive! This proposed new construction overlooking the iconic Hell's Gate at Possum Kingdom Lake is designed to maximize panoramic cliffside lake views with walls of glass, expansive balconies, and incredible indoor-outdoor living spaces. Designed by renowned architect Robert Leeper, this open-concept layout is built for entertaining on the biggest stages with soaring ceilings, a luxury chef's kitchen, large open living areas, and a resort-style outdoor retreat complete with a pool and multiple covered patios. The rear elevation is lined with oversized windows and sliding glass doors to fully capture the breathtaking views of Hell's Gate and the surrounding lake. Multiple upper-level balconies provide incredible entertaining spaces and unmatched sunset views. Don't miss this rare opportunity to own a luxury modern home on one of Possum Kingdom's most premier lake view lots. *Home is proposed new construction. Renderings and plans are conceptual and subject to change.*

983 E Hells Gate Dr, Graford
$345,000
2 Beds ⋅ 1 Baths ⋅ 21257713 MLS
Experience Possum Kingdom Lake the way it’s meant to be lived - wide open water, deep views, and true main channel frontage. This exceptional BOAT ACCESS ONLY 1-acre lakefront property offers nearly 400 feet of shoreline on the coveted main body of PK Lake, delivering some of the most dynamic water and long-range views available. Positioned on a POINT for a resounding presence on the lake, this is a rare opportunity to own substantial frontage in a secluded location where a clear rocky lakebed meets natural Texas beauty. A boat dock is currently being installed, creating immediate access to endless days on the lake - whether you’re boating, fishing, swimming, or simply taking in the energy of passing lake traffic and big water views. The shoreline and setting are ideal for maximizing the full PK Lake lifestyle with deep water access and room to enjoy and expand. The existing 2-story cabin is unfinished inside, offering a blank canvas ready for your vision. Whether you envision a modern lake retreat or a rustic getaway, the structure provides the foundation to create a custom lakefront escape tailored exactly to your taste and needs. With its rare combination of acreage, extensive shoreline, upper and lower decks, main channel location, and development potential, this property stands out as a unique opportunity on Possum Kingdom Lake. A true chance to design and finish your own legacy lake cabin in one of Texas’ most iconic waterfront destinations.

3500 Hog Bnd Unit 121, Possum Kingdom Lake
$1,000,000
3 Beds ⋅ 2 Baths ⋅ 21237035 MLS
PRICED 70K BELOW PRE-LISTING APPRAISAL!! Experience lakefront living in the Peninsula area of Possum Kingdom Lake with this unique, custom-designed waterfront home built in 2012. Situated on owned land with no leasehold, this 1,888 square foot home offers the perfect blend of comfort, style, and lake lifestyle living. The open concept layout creates an inviting atmosphere for entertaining and everyday living. Featuring 3 bedrooms and 2 bathrooms, all bedrooms are located upstairs, including two large bedrooms with private lake-facing balconies and stunning water views. Seller thoughtfully transformed loft into warm and cozy 76 sf bedroom, creating additional sleeping capacity ideal for bunk room, nursery, or STR optimization. The home also features an energy-efficient ductless mini-split HVAC system with individualized comfort control throughout. Enjoy direct lake access with a private dock and boat lift. Water depth at the end of the dock is approximately 16 to 18 feet when the lake is at full pool. The dock may be repositioned further out if desired with the addition of extended tie lines. A partial basement provides additional storage or a convenient storm shelter. Whether you are utilizing the property as a full-time residence, weekend getaway, or income-producing investment for STR use, this property truly delivers resort-style living in one of Possum Kingdom Lake’s most desirable areas. **Refrigerator, washer, dryer, and still-in-the-box Ring equipment convey**

3101 Park Road 36, Graford
$3,999,000
5 Beds ⋅ 7 Baths ⋅ 21257583 MLS
Watch the Lake Life Video of this lake home... BELLTOWER.ESTATE... Magnificent New Construction Mediterranean inspired Estate, positioned inside Possum Kingdom Lake’s most famous landmark — Hell’s Gate — is unlike anything else. An iconic destination property designed to impress from nearly every angle, this retreat captures explosive panoramic lake views through massive picture windows & expansive outdoor living spaces. Inside, soaring ceilings, and open-concept design create a grand atmosphere built for entertaining. The outdoor experience was designed to steal the show. A negative-edge swimming pool disappears into the lake horizon, while lowered railing systems and built-in bench seating preserve sightlines. Luxury finishes and custom craftsmanship are woven throughout, including designer flooring, statement tile work, premium countertops, and architectural details that elevate every space. The breezeway-style layout encourages refreshing lake airflow, creating the effortless indoor-outdoor lifestyle. Five spacious bedrooms, each with its own private ensuite bath, along with 2 additional half baths. A detached guest suite offers privacy and flexibility for hosting family, friends, or extended lake weekends. Upstairs, the oversized game room and full bar open onto a covered balcony overlooking Hell’s Gate — arguably one of the most iconic views on the entire lake. Above it all, the signature Bell Tower delivers a one-of-a-kind experience with rare elevated views stretching for miles across the water and surrounding lake country. An extended concrete driveway opens into a spacious circular parking area with additional guest parking nearby. Marina and lake resort amenities close by. Perhaps one of the boldest new luxury estates found in all of Texas. Built for buyers who want more than just a lake home — they want the location everyone talks about, the views nobody forgets, and a property designed to become the ultimate gathering place.

7085 W Hells Gate Dr, Possum Kingdom Lake
$549,000
3 Beds ⋅ 4 Baths ⋅ 21271364 MLS
Experience effortless lakefront living in this stunning lock-and-leave townhome offering breathtaking water views from multiple levels. Designed for both relaxation and entertaining, the 3 bedroom 3.5 bath retreat features expansive windows that flood the home with natural light and showcase our beautiful Possum Kingdom Lake. The oversized deck creates the perfect setting for morning coffee, sunset dinner, or gathering with friends while enjoying the panoramic views. Inside, the spacious multi-level floor plan provides privacy and flexibility, with each bedroom offering its own ensuite bath. Low maintenance, luxury and an affordable price make this an unbeatable lakefront lifestyle. Whether you're looking for a vacation get away or a full-time residence this home delivers the ideal blend of comfort, convenience and unforgettable views. Located steps to that marina, your boating adventures will be only steps away. This home is being sold mostly furnished with the exception of the sofa.

3105 Upcreek Alley, Unit 68, Strawn
$540,000
2 Beds ⋅ 2 Baths ⋅ 21253277 MLS
Beautifully furnished and move-in ready, this first-floor condo at 3412 Scenic Point Road #102 offers beautiful views of Possum Kingdom Lake and an exceptional opportunity for a vacation home, full-time residence, investment property, or short-term rental. Built in 2021, the 2-bedroom, 2-bath condo features 1,193 square feet, an open-concept floor plan, abundant natural light, and a spacious living area overlooking the water. The eat-in kitchen offers a center island and a functional layout ideal for everyday living and entertaining. Just off the living room, a covered patio provides the perfect place to relax and enjoy the peaceful lake setting. Both bedrooms are generously sized, including a private primary suite with a double vanity and walk-in closet. Residents and guests enjoy access to resort-style community amenities, including a swimming pool, hot tub, fitness room, laundry facilities, fire pit, and outdoor grilling and dining areas. Conveniently located near the marina, this turnkey Possum Kingdom Lake condo is ready to enjoy from day one. Offered fully furnished at $540,000.

3412 Scenic Point Rd Unit 102, Graford
$500,000
3 Beds ⋅ 2 Baths ⋅ 21249778 MLS
This Possum Kingdom Lake property offers a unique combination of a private beach and direct access to an expansive Brazos River Authority greenbelt, creating a wide-open feel with massive lake views that extends far beyond the lot itself—without the added property tax burden. Owned by the same family for decades, this is a choice lakefront location. The existing cabin provides a simple, usable footprint for immediate enjoyment, while the garage and guest suite offer well-maintained space for guests, storage, or weekend flexibility. For families new to PK this is where lake life really works… room to run, play, and gather, with easy access to the water and space to grow. Over time, the setting easily supports a future custom build that takes full advantage of the beach, views, and surrounding open space. Short-term rental potential adds another layer of versatility, making it possible to enjoy the property while generating income. Recent resurvey increased area of lakefront based on 1000 elevation.

1141 Airport Rd, Possum Kingdom Lake
$525,000
21248010 MLS
This is one of two undeveloped lots left in the subdivision. Opportunity to design, create and build your very own lake house that fits your family's needs. Come be a part of PK's newest modern upscale community. This is lake life as its finest. Plush amenities. Lakeside swimming pool and pavilion. Let the golfer in you enjoy the synthetic putting green. Community Fishing Dock. On-site marina for your boat. Once you design and build your dream lake house, you can short term rent it out to assist you in paying for it. Don't miss out on the amazing opportunity. Juniper Ridge is located close to all the commercial businesses at PK. Grocery store, restaurants, gas stations, shopping stores, etc..... And last but not least, LAKE KIDS ARE THE BEST KIDS. Give your kids an opportunity to be great and have a fantastic family life at the lake. Don't miss out on something spectacular.

11 Breakwater Bnd, Graford
$4,400,000
6 Beds ⋅ 8 Baths ⋅ 21207192 MLS
Experience elevated lakeside living in this exceptional LUXURY NEW CONSTRUCTION LAKEHOUSE estate on the Peninsula of Possum Kingdom Lake. A brand new boat dock is being designed and installed. Situated on a 0.533-acre lot, this thoughtfully designed 5,231 sq ft home blends timeless materials with modern luxury and a lake ready lifestyle. The exterior features cedar wood shake and Grey Granbury stone, delivering lasting curb appeal. Step inside to a grand open concept living area with soaring vaulted ceilings and floor to ceiling windows that capture stunning lake views and fill the home with natural light. The chef’s kitchen offers a large island, custom cabinetry, and seamlessly flows into the living space, anchored by a striking stone fireplace, ideal for entertaining or relaxed lake living. The private primary suite on the main level is a true retreat with huge views, dual vanities, and a spacious walk in closet. Above the garage is a separate In Law suite, complete with a kitchenette that adds even more private guest accommodations. Designed for lake life, the home includes wood and tile flooring, a lakeside mudroom entry for easy “drip dry” access, and dedicated storage for lake toys. IMAGINE breathtaking expansive lakeviews from upper and lower covered patios overlooking Broadway, the deepest, widest part of PK LAKE. Perfect for Summer sunsets!

2441 Upper Burma, Possum Kingdom Lake
$1,275,000
4 Beds ⋅ 3 Baths ⋅ 21238053 MLS
Welcome to true lakefront living on one of the most desirable stretches of the lake, where your home sits just 30–40 feet from the water’s edge and every day feels like a getaway. This thoughtfully designed 0.25-acre property offers the rare combination of low-maintenance living and genuine shoreline access, giving you more time to enjoy the lake and less time worrying about upkeep. The gentle slope into the water leads to a soft, sandy bottom—perfect for swimming, floating, and letting the kids play while you relax on the patio with a full view of the shoreline. Whether it’s a quiet morning coffee or a full weekend of family and friends, this home is built for ease, comfort, and connection. A long private driveway provides parking for 6–8 vehicles, making gatherings effortless. Inside, the 4-bedroom, 3-bath home features an open-concept living and kitchen area that keeps everyone together. The kitchen stands out with a double oven tucked beneath the cabinets and a 6-burner gas stove, offering the space and function needed to cook for a crowd. Large windows frame expansive lake views and fill the home with natural light from sunrise to sunset. And when July 4th arrives, you can enjoy the fireworks—including the legendary Hell’s Gate show—right from your own yard, without the crowds or the hassle. If you’re looking for a low-maintenance lakefront home that delivers comfort, convenience, and unforgettable views, this one offers the lifestyle you’ve been searching for.

2649 Hideaway Ln, Possum Kingdom Lake
$500,000
5 Beds ⋅ 3 Baths ⋅ 21242847 MLS
Here ya go folks. Nicely priced for your quick lake house. Five Bedrooms, Two and a half bathrooms. Nice size kitchen, big living room. Large master and master bathroom. Three Bedroom Double wide mobile home with two additional bedrooms added on. Lakeside covered porch with fantastic lake views. Large Detached Garage. Plenty of parking for all your lake toys. Upstairs floored area would make a great game room and or bunkroom. Gently sloping waterfront lot. Platform dock sitting in good water depth. Perfect set up for the elderly or the grandkids. Hard to find lake property in the price range. HURRY HURRY HURRY

1501 Mcadams Rd, Graford

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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