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$1,750,000
4 Beds ⋅ 4 Baths ⋅ 21193173 MLS
OWNER FINANCING AVAILABLE! Welcome to one of the most coveted places in Texas: Hell’s Gate on Possum Kingdom Lake. From the adrenaline-pumping thrills of Red Bull cliff diving to one of the most amazing firework shows in America, there is truly no place like it. This premier waterfront luxury estate doesn’t just put you near the action; it grants you a front-row seat to the legendary PK lake lifestyle. Set high on the hill of the prestigious Sportsmans World. The heart of this home is the spectacular PARTY ROOM, specifically designed to capture the best view of Hell’s Gate where these world-class festivities take place. This expansive entertaining suite consists of an open living area, dining, and kitchen, all framed by breathtaking vistas. Even the attached full bathroom offers a stunning water view directly from the shower, ensuring you never lose sight of the beauty that surrounds you. For ultimate convenience, a private elevator provides seamless access from the oversized 3-car garage directly into the entertaining quarters. The main residence is a sanctuary built for hospitality, featuring four large bedrooms and three well-appointed bathrooms that comfortably sleep 8+ people for unforgettable family get-togethers. The interior ambiance is anchored by a stately fireplace in the main living area, creating the perfect atmosphere to cozy up during cooler Texas evenings. Transitioning to the outdoors is effortless, with both an upper patio and a lower patio providing multiple levels for relaxation and taking in the lake breeze. For those who thrive in the fresh air, the property features an inviting outdoor fire pit perfect for cooking over an open flame or simply unwinding under the stars. At the water’s edge, you will find a dedicated area to bring your boat, paddleboards, or kayaks for a day or a weekend on the lake. There is truly so much to offer in this lakeside retreat. It comes fully furnished for the turn key, instant lake life! Short term rentals allowed

6161 W Hells Gate Dr, Possum Kingdom Lake
$295,000
2 Beds ⋅ 2 Baths ⋅ 21187888 MLS
Enjoy breathtaking sunset views from the private balcony of this upper-level condo overlooking Possum Kingdom Lake. Perfectly positioned for relaxed lake living, this well-maintained and furnished unit offers comfort, convenience, and a front-row seat to the beauty of PK. Located within The Landing Condo community, owners enjoy a host of amenities including a swimming pool, private boat ramp, trailer parking, a covered dock with courtesy slips, and an on-site caretaker—plus the ease of low-maintenance living with no mowing required. Recent updates include fresh interior paint, NEW doors and windows, custom window treatments, a stainless steel appliance package, and a large-capacity stacked washer and dryer. The spacious floor plan features two bedrooms and two full baths, including a primary suite with en-suite bath. A generous living area and two access points to the balcony deck create an ideal space for entertaining or enjoying a peaceful weekend getaway. Start your mornings with coffee on the balcony, spend your afternoons at the pool or out on the lake, and wind down your evenings grilling on the deck as the sun sets over the water. FULLY furnished and conveniently located in the heart of PK, you’ll be just minutes from local dining, grocery shopping, and community events—making this the perfect full-time residence or weekend retreat, with very little maintenance to do and all the fun to have!

1655 Cedar Crest Loop Unit E7, Possum Kingdom Lake
$999,999
2 Beds ⋅ 2 Baths ⋅ 21186108 MLS
This secluded ranch, located at the end of the road, has beautiful views for miles and miles with incredible sunsets! Santo ISD!! The acreage offers a great balance of rugged and varied landscape, including native wildlife habitat and cleared pasture land with sandy loam soil, ideal for grazing cattle. There are many native Cedar, Mesquite and Oak trees, a variety of vegetation and water from two ponds attract native wildlife; including wild turkeys, dove and deer.

1775 Sunset Mountain Rd, Lipan
$1,665,000
6 Beds ⋅ 4 Baths ⋅ 21178606 MLS
Located in Sportsman's World, just steps from Bluff Creek Marina and the iconic Hell's Gate, this spacious property offers the ideal blend of comfort, convenience and fun! This unique lake home features ample space for togetherness or privacy, complete with 6 bedrooms, 4 bathrooms, 2 fully stocked kitchens, 2 dining areas, 2 family rooms, a large game room with ping pong, shuffleboard and air hockey. Outside, the ultimate backyard begins! With 2 covered patios, fire pit, and crystal blue pool-spa ready for full enjoyment! Sit back and relax while taking in the serene canal of PK and Bluff Creek Point. Property also has a transferrable boat slip! Community amenities include private airport-runway, community pool, sports complex, marina, general store and more! THIS IS A MUST SEE PROPERTY! HUGE RENTAL POTENTIAL!

5013 Hells Gate Loop, Possum Kingdom Lake
$85,000
3 Beds ⋅ 2 Baths ⋅ 21178859 MLS
Find your ultimate lake getaway at this incredible family lake house, where life is just better at Possum Kingdom Lake! This fully furnished 3 bedroom and 1.75 bathroom home is ready for some new owners and memories to be made. Situated on 2 lots, the property boasts a spacious front porch, ideal for entertaining or simply enjoying your morning coffee. Recent updates throughout the home include a new HVAC outside unit replaced 2 years ago, a new hot water heater, and newly remodeled kitchen with new cabinets. Additionally a new living room sectional has been added. The property also features a 2007 Ebbtide 2100 21' boat which will convey with the property! Please note that this property requires a lease from Fox Hollow Resort, currently $7800 per annum. The Resort offers a wonderful family atmosphere, complete with a boat ramp, courtesy docks, and a swimming area. This exceptional property offers a unique, turn-key opportunity, inclusive of furnishings and recreational toys, perfect for those seeking the ultimate lake lifestyle! Whether you're cruising around the Resort in your golf cart or on the water in your boat, time wasted at the lake is time well spent!

4705 Fox Holw, Graham
$175,000
3 Beds ⋅ 2 Baths ⋅ 21172387 MLS
If you’ve been searching for a lake getaway with HUGE views and plenty of outdoor space, this is the one! This 3-bedroom, 2-bath home is tucked away at the end of the mailbox road in Golden Cove, offering a peaceful setting with minimal traffic—your most frequent visitors are likely to be invited guests or the friendly neighborhood deer and geese. The expansive covered lakeside deck is perfect for cookouts, gatherings, and relaxing with friends, while the uncovered section is ideal for soaking up the sunshine or enjoying an afternoon nap. Inside, the open living-dining-kitchen floor plan is designed for lake living and entertaining, with a breakfast bar and room to accommodate large groups. Two of the bedrooms capture those incredible lake views, bringing the outdoors in. The kitchen offers ample counter space and storage, includes a dishwasher, and connects conveniently to a separate laundry room. An exterior door near the parking area provides easy access to the outside storage building—perfect for lake gear. The spacious guest bedrooms easily accommodate guests, and the shared bathroom is generously sized. The primary bedroom features an en-suite bath, giving this cozy cabin a true “home away from home” feel-or the comfort you’d want for full-time living at Possum Kingdom. Bonus: This property is being offered fully furnished! Golden Cove is a one-of-a-kind community known for its built-in “lake family,” community activities, and excellent amenities including a swim cove, boat ramp, dock, pavilion, on-site mailbox area, and rentable cabins for overflow guests. Rentable storage units within the community make it easy to keep your boat and lake extras ready to go. This is leasehold land with a currently renewable two-year lease, paid monthly. Golden Cove is an affordable and welcoming place to begin your lake life - land taxes are paid by the landowner, you’ll be close to all the lake hot spots, and can enjoy some of the most amazing sunsets on Possum Kingdom Lake.

2334 Sanbar Rd Unit 8, Possum Kingdom Lake
$410,000
3 Beds ⋅ 3 Baths ⋅ 21173056 MLS
Charming cottage-style lake retreat perfectly positioned on the peninsula with beautiful lake views and unbeatable access to everything you love about lake living. This 3-bedroom, 2-bath home is being offered fully furnished, making it truly turnkey and ready for immediate enjoyment or rental income. Enjoy access to the resort-style pool overlooking the lake, just steps away, and take advantage of the rental-friendly community for excellent investment potential. Whether you’re relaxing on the patio, entertaining guests, or heading out to nearby restaurants just minutes away, this property delivers the ideal blend of comfort, convenience, and lifestyle. A perfect weekend escape, or income-producing lake getaway — this one checks all the boxes.

1782 Fm 2951, Unit 18, Graford
$870,000
3 Beds ⋅ 3 Baths ⋅ 21172758 MLS
Exceptional two lot estate property with transferable boat slip, a truly rare find. Experience refined lake country living in this exquisitely updated residence located within the prestigious, gated Cliffs Resort on Possum Kingdom Lake. Offering stunning lake views and a hidden vantage point for the iconic Hells Gate 4th of July fireworks, this beautifully fully furnished home showcases an exceptional blend of luxury, comfort, and resort-style amenities, making it a rare turnkey opportunity ready to enjoy from day one. The thoughtfully designed floor plan features three bedrooms, two and a half bathrooms, and two spacious living areas. A large eat-in kitchen anchors the home, offering ample countertop space and an inviting layout perfect for gatherings, while expansive windows capture breathtaking lake vistas throughout the living spaces. Recent enhancements include fresh exterior and interior paint, rich hardwood flooring creating a seamless, upscale aesthetic throughout. The primary suite is a true retreat, highlighted by a completely remodeled, spa-inspired primary bathroom designed for relaxation and sophistication. Elegant statement chandeliers elevate both the front entry and dining room, adding architectural interest and a strong sense of arrival. Outdoor living is equally impressive. Fresh landscaping surrounds the home with curated bushes, exotic plants, and stone accents. A rare second lot expands the lifestyle possibilities, featuring a private spa-hot tub and a thoughtfully designed fire pit area with additional landscaping, perfect for entertaining or enjoying tranquil evenings under the Texas sky. For those seeking future expansion, the property includes two complete sets of architectural plans for a potential home addition, complete with multiple renderings showcasing pool and backyard concepts, an exceptional opportunity to further customize an already impressive residence.

150 Bel Air Loop, Graford
$580,000
5 Beds ⋅ 3 Baths ⋅ 21168634 MLS
Lakefront home on the peaceful North Shores of Possum Kingdom Lake surrounded by mature trees. The main home offers large open living space. Eat in Kitchen with gas range. Dining space with dry bar and tons of storage options. The oversized primary bedroom with ensuite bath boasts a garden tub, dual sinks and 2 extra large walk in closets. Two guest rooms separated by 2nd bathroom offer ample space for guests. The separate bunk house with 2 additional bedrooms and half bath, make this property ideal for rental investment. Huge kid friendly play yard and sandy beach lake frontage. Expansive covered lakeside deck to wile away the hours, entertain or just take in the unbeatable sunsets. Jump in the lake from your swim platform dock or tie up your watercraft. Plus this property is ideally located within walking distance to PK Airport. Don't let this one get away!

1059 Airport Rd, Possum Kingdom Lake
$429,000
2 Beds ⋅ 3 Baths ⋅ 21156971 MLS
Located on the highly preferred Peninsula section of Possum Kingdom Lake, this nearly new cabin offers a serene escape for a vacation stay at the lake, a second home, a primary residence away from the hustle and bustle of the city, or an income producing investment property. The open-concept main floor features a spacious living area with a great view and cozy fireplace, dining space, and kitchen with modern amenities. Upstairs offers two bedrooms and two full baths. Everything you need is here - fully furnished and well appointed with bedding, decor, and kitchen tools - just bring your personals and make it yours! The covered back deck and wrap-around porch expand your entertaining space for outdoor gatherings with a view of the lake, or enjoy a peaceful cup of coffee as you start your day watching the local waterfowl and the occasional deer wandering nearby. Community amenities include an outdoor fire pit and pool with cabana just a few steps off the deck of this cabin. Less than two hours from the DFW metro area, this is an ideal opportunity for both relaxation and rental income, and you'll be just a few minutes from local dining, entertainment, shopping, banking, churches and medical care. For those looking to keep a boat in the water, the seller will consider throwing in a one year boat slip lease at one of the nearby Marinas!

1525 Madams Rd Unit C, Possum Kingdom Lake
$539,000
3 Beds ⋅ 3 Baths ⋅ 21141016 MLS
Rare opportunity to own a top-floor condo with vaulted ceilings and beautiful lake views in the highly sought-after Harbor community. The open floor plan features 3 bedrooms and 3 full baths, creating a bright, spacious layout perfect for entertaining or relaxing at the lake. Enjoy a turn-key, lock-and-leave lifestyle surrounded by resort-style amenities, making this an exceptional weekend retreat or income-producing property.

2033 Harbor Way Unit 302, Graford
$1,350,000
5 Beds ⋅ 4 Baths ⋅ 21132407 MLS
ONE MONTH OUT!! Brand-new luxury construction in the prestigious Cliffs Resort at Possum Kingdom Lake. This thoughtfully designed modern residence blends clean architectural lines with warm natural textures, offering a refined yet comfortable lake-lifestyle retreat. The striking exterior showcases a standing-seam metal roof, stone accents, and contemporary siding, creating exceptional curb appeal. Inside, the open-concept floor plan is filled with natural light and features wide-plank flooring, soaring ceilings, and expansive black-framed windows that seamlessly connect indoor and outdoor living. The gourmet kitchen is the heart of the home, featuring a large island with seating, custom cabinetry, built-in stainless steel appliances, designer lighting, and a walk-in pantry—perfect for entertaining or everyday living. The living area is anchored by a sleek stone fireplace and flows effortlessly to covered outdoor spaces ideal for relaxing or hosting guests. The primary suite offers a peaceful retreat with serene backyard views, a spa-inspired ensuite bath, and generous closet space. Additional bedrooms and bathrooms are well-appointed with modern finishes and thoughtful layouts. A dedicated dining area, second-story balcony, and covered patio further enhance the home’s versatility and comfort. Located within the gated Cliffs Resort, owners enjoy access to world-class amenities including golf, marina access, pools, tennis, dining, fitness facilities, and security. Whether as a full-time residence or luxury lake getaway, this new construction home delivers exceptional style, quality, and lifestyle at Possum Kingdom Lake. Plans, finishes, and timelines are subject to change. Secure now and enjoy a brand-new lake home in one of PK’s most sought-after communities.

125 Oyster Bay, Possum Kingdom Lake
$340,000
3 Beds ⋅ 1 Baths ⋅ 21105721 MLS
WATERFRONT! Dragonfly Cottage offers deeded waterfront on Rock Creek at Possum Kingdom Lake with no HOA and no known restrictions against short-term rentals, including Airbnb and VRBO. Conveniently located approximately 12 minutes from Rocker B Ranch Baseball & Softball Complex, this property is well-positioned for personal enjoyment, a weekend retreat, full-time living, or future short-term rental opportunities. This 3-bedroom, 1-bath waterfront retreat offers approximately 1,268 square feet on 0.46 acres and is ideal as a full-time residence, weekend getaway, or potential vacation rental. Located on a stretch of waterfront where neighboring properties are successfully utilized as vacation rentals, this property provides flexibility for personal enjoyment or future income potential. Relax on the covered patio overlooking calm, protected waters, or take a short walk to the private dock, approximately 3 years old. Enjoy fishing, kayak-friendly waters, swimming, and easy access for pontoon and bass boats. The quiet cove setting offers a peaceful waterfront experience away from heavier lake traffic while still enjoying all that Possum Kingdom Lake has to offer. Recent improvements include energy-efficient mini-split systems installed two years ago, an updated electrical panel, and improved plumbing to the water heater. The home is all-electric, features a metal roof, and includes a storage building for lake equipment. Whether you're looking for a waterfront home, family lake retreat, or a property with short-term rental potential, Dragonfly Cottage offers a rare opportunity to own deeded waterfront on Possum Kingdom Lake.

9051 Lacy Rd, Graford
$355,000
4 Beds ⋅ 2 Baths ⋅ 21097560 MLS
Located on the west side of Possum Kingdom Lake this spacious manufactured home is a great opportunity to dip your foot in the lake life. Just 20 minutes form the conveniences of Graham, and a short drive to Possum & Fox Hollow this home is fully furnished and ready to enjoy or rent. Inside you’ll find an open living area, a practical kitchen with plenty of storage, and four nicely sized bedrooms—ideal for family, guests, or short-term rental use. Outside features include a 30x30 shop perfect for boat or equipment storage, plus an accessory building complete with a pool table for extra hangout or hobby space. Everything you need for lake life is already here. Also included is an 11x24 carport perfect for additional covered parking or small RFV storage. Whether you’re looking for a full-time home, weekend getaway, or a functional investment property outfitted for short-term rentals, this one checks all the boxes boat or RV carport all sitting on just over an acre of deeded land with an excellent elevated lake view! Additional Info: Home has 24 solar panels installed on the roof to help with the energy costs.

166 Quiten Ln, Possum Kingdom Lake
$799,000
3 Beds ⋅ 2 Baths ⋅ 21075472 MLS
FABULOUS FOX HOLLOW WATERFRONT, 3BD, 2BA LAKEHOUSE WITH DOUBLE LEVEL, DEEP WATER DOCK, in a a Protected Gorgeous Cove on PK, Walking distance to the Hungry Fox Restaurant & Cantina with Courtesy Slips and Boat Ramp as well. This Westside PK Gem with Large Grassy Yard, Mature Oak Shade Trees, and Easy Access to the water, has been loved by the same family for decades, but now is ready for its next Happy PK Lake family. This is a Prime Location with Panoramic Lake Views from the Covered Front Porch, to Entertain and watch the Spectacular Sunsets and Sunrises at PK, and just Relax and Recharge enjoying the Serenity of the Endless Beauty of this N. Tx Hill Country spot. The Home Features a Wonderful Open Concept Design Floor Plan, and could easily be Updated and Enjoyed, or be a the Perfect Lot for your PK Dream Home. This is one of the most Coveted Coves at PK for Amazing Views, Water Depth, proximity to 2 great Waterfront Restaurants, and across from the PK State Park. The Double Level Dock has 20' of Water and has 2 Boat Slips and Lifts, and 1 Swim Platform, Jet Ski Lift as well. There is also a detached 3 Car Garage with Storage, to accommodate Family and Guests.The Small Charming Town of Graham is only a 15 min drive for Groceries, Dining and Amenities, and Famous Hell's Gate is a Beautiful 20 min Boat Ride, and the Peninsula of PK, with Scenic Hiking and Biking Trails, is also a short boat ride across the Lake for Excellent Dining as well. This is a PK Lake Place you MUST SEE to appreciate it. Overnight Rentals Allowed in this Location as well.

4713 Fox Hollow Rd, Possum Kingdom Lake
$120,000
2 Beds ⋅ 2 Baths ⋅ 21066223 MLS
SUMMER IS CALLING, AND THIS PLACE IS READY FOR NEW OWNERS! Looking for a lake place that provides serene surroundings, a friendly community, and low maintenance? Here it is, just waiting for you in Golden Cove on Possum Kingdom Lake! Several years of continuous upgrades and improvements make this awesome lake place a hidden jewel! This stucco finished home has been fully redone from the floors up, with a new half bath just added. Features include a metal roof, covered patio, detached carport with enough room for watercraft or RV, attached garage with roll up door with room for atv or golf cart, separate storage shed, and a spacious covered deck with a bar, outdoor cooking area, and LAKE VIEW overlooking the swim cove. Inside you'll enjoy an open living-dining concept, new sub-floors and vinyl plank flooring throughout, a new stainless steel appliance package, living room fireplace, stacked washer & dryer, two bedrooms - one with en-suite bath, plus a bonus room with a wood-burning stove that opens to the back deck. Nicely furnished and ready for new owners! Must see to appreciate! Monthly lot lease $865

2334 Sanbar Road Unit 54, Possum Kingdom Lake
$1,890,000
7 Beds ⋅ 6 Baths ⋅ 21064724 MLS
Welcome to your dream lake retreat on the shores of Possum Kingdom Lake. This rare one story barndominium style estate blends modern design with the laid back charm of lake living and comes fully furnished and ready to enjoy. The main home features four spacious bedrooms and four baths with an open layout that makes entertaining effortless. The kitchen offers sleek quartz countertops, crisp cabinetry, and a large island that flows into the living and dining spaces where tall ceilings, wood beams, and a stone fireplace create a warm gathering place. Step outside to the screened in patio where you can dine or relax while taking in views of the water. A 140 foot walkway leads to the private covered dock complete with an automatic boat lift, two jet ski lifts, and lockable storage. Evenings are best spent by the fire pit under string lights or soaking in the hot tub while watching unforgettable sunsets. Guests will love the private three bedroom two bath guest house, making this property ideal for hosting friends and family or for use as a short term rental. With room to comfortably sleep sixteen and a strong rental history, it is both a personal getaway and a SMART investment. Additional highlights include a fully fenced lot with custom cedar automatic gate, fresh sod with sprinkler system, spray foam insulation for energy efficiency, and a massive 1400 square foot garage perfect for hobbies or game nights with space for a dart board and basketball hoop. Located just minutes from dining, live music, Rocker B Ranch, golf, and all the attractions of Possum Kingdom Lake, this home offers a lifestyle like no other. Life is better by the water and this property makes every day feel like a vacation. As of Sept 19 this has grossed $160,000 from STR for 2025. Please reach out to Brooke for updated numbers.

413 Hoot Ave, 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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