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$1,199,000
5 Beds 4 Baths 21332882 MLS
SPECTACULAR LAKE, RANCH RETREAT on 10.26 Acres with a 3805 SQFT CUSTOM ROCK, 5BD,4BA HOME with a POOL,FISHING POND,LIVESTOCK PASTURE, BARNS & SHOP all with PANORAMIC, BREATHTAKING LAKE & HILLS VIEWS. This is a Rare find at PK Lake to own both a Stunning Lakehouse and have Acreage to keep Animals as well, in one of the Best HOA's at PK, The Hills Above PK. This Fabulous 5bd,4ba Open Concept Design Living Home features Vaulted Ceilings, Granite Counters, Stainless Appliances, Hand Scraped Hard Wood Floors & Large Picture View Windows throughout, to highlight the Magnificent Views, and has both an Enclosed Porch with Fireplace, and a Pool, Outdoor Grill area, Large Outdoor Patio & Fire Pit Areas for Entertaining all your Friends & Family.Then take a short walk to the pasture & feed the Longhorns, Stetson & Brody, & then do some Fishing in the Stocked Pond. Plus there is a 1600 sqft Shop & Game Room as well, with a Bar, Lounge areas & Pool Table.This is the Very BEST of PK Living for Lake & Country Life.The HOA is also conveniently located to the small charming Town of Graham for Shopping, Dining and Amenities only 15 mins away and it's also a short drive to all the Excellent Restaurants and Shopping at PK. The Hills Above Amenities include a Clubhouse with Infinity Hilltop Pool & Fitness Center, a Boat Ramp with Dry Storage, and Day Slips down by the Lake Front Cabin.The Sunset Views are also Unparalleled for Beauty in the Hills Above as well, making it the Perfect Place to Relax and Recharge after a Great Day on the Water.

3179 Canyon Wren Loop, Possum Kingdom Lake

$55,000
2 Beds 2 Baths 21328783 MLS
Welcome to lake living in the desirable Golden Cove community at the end of the Possum Kingdom Lake peninsula! This charming waterfront retreat sits on PK’s Broadway waters, just a short boat ride from Hell’s Gate, the dam, and popular waterfront dining spots. Perfect as a weekend getaway, summer retreat, retirement home, or peaceful full-time residence, this move-in-ready property offers an affordable way to enjoy the beauty of Possum Kingdom Lake. Mature oak trees, sandy shoreline, abundant wildlife, stunning sunsets, and crystal-clear water create the ideal lake setting in The Cove. The spacious covered deck with built-in bar is perfect for entertaining or relaxing outdoors. The grassy yard provides room to unwind and enjoy visits from neighborhood deer, while the fenced backyard offers a secure space for small pets. Gravel areas provide easy maintenance and plenty of parking for guests and lake toys. Inside, the open-concept living, dining, and kitchen area creates a welcoming gathering space. The home features two bedrooms, each with its own en-suite bathroom, positioned on opposite ends for privacy. Recent updates include a stylish walk-in shower in the primary bath. Enjoy the peaceful atmosphere of this quiet lakeside retreat. Most furnishings convey, making this home ready for immediate enjoyment. Golden Cove offers a welcoming community with amenities including a private boat ramp, dock, swim cove, community events, and guest cabins. The current lot lease is approximately $865 per month, with the landowner responsible for property taxes on the lot; owners pay taxes only on improvements. Short-term rentals (VRBO) are not permitted.

2334 Sanbar Road Unit 60, Possum Kingdom Lake

$72,000
21321267 MLS
Escape to the beauty of Possum Kingdom Lake with this exceptional 2.112-acre waterfront lot in the exclusive gated community of The Hills Above Possum Kingdom Lake. Beautiful mature trees and an elevated hilltop setting create a spectacular backdrop as the land gently slopes toward the shoreline, offering the perfect canvas for your custom lake home. Imagine mornings filled with coffee on the porch overlooking the water, afternoons spent boating or fishing, and evenings gathered with family and friends as vibrant Texas sunsets stretch across the lake. Whether you're building a full-time residence or the ultimate weekend getaway, this property offers the space, scenery, and tranquility to bring your vision to life. For even greater privacy and flexibility, this lot may be purchased individually or combined with neighboring Lot 910 to create approximately 3.38 acres, an extraordinary opportunity to design your own private lakefront estate. As a resident, you'll enjoy an exceptional collection of amenities, including an infinity-edge pool with panoramic lake views, a private boat ramp, clubhouse, fitness center, and the peace of mind that comes with gated community living. Located just minutes from The Trading Post grocery store, popular waterfront restaurants, and only 20 minutes from Graham for additional shopping and dining, you'll experience the best of lake living with everyday conveniences close at hand.

Lot 909 Cinnamon Teal, Possum Kingdom Lake

$73,500
21321220 MLS
Discover the opportunity to create your dream lake retreat on this stunning 1.027-acre waterfront lot in the prestigious gated community of The Hills Above Possum Kingdom Lake. With a beautiful hilltop setting and framed by gorgeous mature trees, this exceptional property offers privacy, natural beauty, and breathtaking lake views. Wake each morning to peaceful surroundings, spend your days on the water, and end every evening watching unforgettable Texas sunsets paint the sky as they reflect across the lake. Whether you envision a luxury custom home or a weekend escape, this property provides the ideal setting to embrace the Possum Kingdom lifestyle. For those seeking even more space and seclusion, Lot 910 may be purchased individually or combined with the neighboring Lot 909, creating approximately 3.38 acres with endless possibilities for your private lake estate. Residents enjoy exclusive access to premier community amenities, including an infinity-edge pool overlooking the lake, a private boat ramp, elegant clubhouse, fitness center, and the security of a gated entrance. Conveniently located just minutes from The Trading Post grocery store, popular waterfront restaurants, and just 20 minutes from Graham's dining, shopping, and everyday conveniences, you'll enjoy the perfect balance of peaceful lake living and modern accessibility.

Lot 910 Cinnamon Teal, Possum Kingdom Lake

$745,000
4 Beds 3 Baths 21318707 MLS
Experience the best of Possum Kingdom Lake living with this beautifully maintained home situated on nearly 2 acres in the highly sought-after Sportsmans World community. Offering 4 bedrooms, including a versatile loft currently serving as the fourth bedroom and game room, this property provides the perfect combination of comfort, functionality, and entertainment. Designed for enjoying the outdoors, the backyard features a sparkling SWIMMING POOL, relaxing hot tub, fully screened patio, and outdoor kitchen with plenty of space for gathering with family and friends. The oversized three-car garage offers abundant storage for vehicles, boats, golf carts, and lake toys, or can easily be used as an additional game room or entertainment area. Possible vacation rental, this home is being sold fully furnished, making it an excellent turnkey investment, vacation home, or full-time residence. As an added bonus, the seller has MARINA SLIP & BOAT LIFT that could transfer with the sale, providing convenient access to PK Lake. Sportsmans World offers exceptional amenities including a full-service marina, general store and grill, community pool, tennis courts, playground, covered pavilion, and an outdoor live music venue. Whether you're looking for a relaxing lake retreat or a property with proven rental potential, this home is ready to enjoy from day one.

4088 Hells Gate Loop, Possum Kingdom Lake

$299,000
21300619 MLS
Located in the highly sought-after community, The Ranch on Possum Kingdom. This exceptional 1-acre homesite at 1020 Highland Drive captures sweeping views of Possum Kingdom Lake and the surrounding countryside from its elevated hilltop setting. The original Developer of The Ranch would describe these as, views of Possum Kingdom Lake as you would enjoy if flying in a helicopter. Enjoy spectacular sunsets, expansive vistas, and the privacy that comes with one of the area's premier gated developments. Ownership includes access to an impressive collection of amenities, including a resort-style infinity pool (The Million-Dollar Swimming Hole) courtesy boat day slips, equestrian facilities, sports courts, skeet shooting range, private heliport for care flight and over 1,100 acres of ranchland featuring side by side and horseback riding trails. Build your lake home and enjoy a Large Ranch. A water meter is already in place, Electricity is underground. Build your dream lake retreat and experience the unmatched lifestyle The Ranch is known for.

1020 Highland Dr, Possum Kingdom Lake

$78,500
21252828 MLS
Scenic five acre lot that is level at the street yet rises up the ridge to the south exposing the balcones formation. The Hills is a nature and wildlife friendly community with lots of turkeys, deer, bobcats, coyotes, and other wildlife roaming freely. there is no time requirement to begin building. Plans must be subitted to ACC for review and approval. The Hills is a very social community with lots of friendly people and lots of activities. Lot ownership permits the use of all of the neighborhood amenities including; clubhouse with pool and fitness center, boat storage area, community dock, boat ramp, lakefront cabin with restrooms and covered patio, lakefront area, hiking trail, and twenty miles of private roads behind the gates.

694 Balcones Ln, Possum Kingdom Lake

$25,000
21200762 MLS
Build your dream home on this beautiful 1.01-acre homesite in the gated community of The Hills Above Possum Kingdom Lake. Ideally positioned for convenience, this property offers an easy drive to both Graham and Mineral Wells for everyday dining, shopping, and services. Located within a smaller section of the development, the lot provides an added sense of privacy and exclusivity. Enjoy sweeping Texas valley views from this elevated hillside setting, with the potential for distant lake views from a future second story. The seller has already completed a survey and engineering report and is willing to share building plans with the next owner - saving valuable time as you begin the building process. A fantastic opportunity to secure a prime lot at PK Lake and start planning your custom lake retreat.

Lot 764-R Sawtooth Mountain, Possum Kingdom Lake

$50,000
21223381 MLS
Opportunity awaits with this 1.27-acre homesite in The Hills Above Possum Kingdom Lake. Well positioned for building, this lot offers a great balance of usable space and natural surroundings within one of Possum Kingdom’s premier gated communities. Lot 996 is available on its own or can be combined with adjacent Lot 995 for a total of approximately 2.67 acres, ideal for those wanting additional privacy or a larger estate-style setup. Residents enjoy exclusive access to an infinity pool overlooking the lake, private boat ramp, clubhouse, and fitness center. The property is also ideally located just about 10 minutes from The Trading Post grocery store and nearby lake restaurants, while Graham is only a 20-minute drive for expanded dining, shopping, and everyday conveniences.

Lot 996 Cinnamon Teal, Possum Kingdom Lake

$32,000
3 Beds 1 Baths 21218052 MLS
Adorable, move-in-ready lake retreat in the popular Fox Hollow Resort on the west side of Possum Kingdom Lake! Offered mostly furnished, this inviting home features an open-concept layout, three bedrooms, and a covered patio perfect for relaxing or entertaining after a day on the water. Enjoy easy lake access with the community boat ramp and courtesy slips—ideal for quick trips to Hell’s Gate or cruising the scenic shoreline. Conveniently located near The Hungry Fox Restaurant and Foxy’s Cantina, you’ll love having great dining and live entertainment just moments away. Whether you’re hosting friends or seeking a peaceful getaway, this charming lake home offers the best of both worlds. Fox Hollow is a leasehold community with an annual lease fee of $7,800 (2026). Landowner pays property taxes on the land; homeowner is responsible for taxes on improvements. Don’t miss your chance to experience the PK Lake lifestyle!

4705 Fox Hollow, Unit 18, Possum Kingdom Lake

$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

$35,000
21179857 MLS
Build your dream home on this exceptional 1-acre homesite in The Hills Above Possum Kingdom, one of the lake’s premier gated communities. Offering the perfect blend of privacy, space, and natural beauty, this property gives you room to design the ideal full-time residence or weekend retreat. Residents enjoy access to outstanding amenities including a private boat ramp, resort-style community pool, clubhouse, fitness center, and secure gated entrance. Whether you’re spending the day on the water or relaxing with friends and family, this community is designed for the Possum Kingdom lifestyle. With co-op electric and co-op water already available, this lot is ready for you to start building. Don’t miss the opportunity to create your custom lake escape in one of PK’s most desirable neighborhoods.

Lot 1009 Turtle Dove, Possum Kingdom Lake

$30,000
21163044 MLS
This two acre lot has a wide expanse of road frontage and several choices for house placement. RECENTLY CLEANED UP for ease of walking and understanding the topography of the land. A variety of large mature trees pepper this property giving it shade, trails, privacy, and charm. Things will green up nicely in the Spring. The backside of this lot could be a fun place to create your own trails and private oasis looking into the canyon. The two acre lot 297 next to this lot is also for sale MLS # 20738010 That would give you 4 acres at pricesi n which you would enjoy the sights and sounds of nature all around including deer, roadrunner, turkeys, owls, and a myriad of other Texas birds. The stars are brighter out here at The Hills! You will also enjoy the use of the upscale amenities including the gorgeous community clubhouse infinity swimming pool, community lake cabin, boat dock, boat storage, and watercraft launch area. Spacious fitness center is located inside the community clubhouse with commercial grade equipment, TV, and many large windows to let in the sunshine and beauty all around. Annual Mardi Gras Parade is just around the corner on the first Saturday of March. A GREAT TIME to come on out and walk the property!

Lot 296 Shooting Star, Possum Kingdom Lake

$250,000
21165304 MLS
Lot 42 at Clearwater Point offers a beautiful 0.707-acre homesite with expansive, unobstructed views of Possum Kingdom Lake. Nestled in the foothills of the Palo Pinto Mountains, this property is located within one of PK’s newest gated luxury communities, blending natural beauty with modern lake living. There is no time limit to build, and owners may choose their own builder, offering the freedom to design a home that fits your lifestyle. Planned community amenities include a clubhouse with resort-style pool, skydeck, putting green, pickleball court, lakefront park, community boat docks and launch, underground utilities, and miles of private paved roads behind a secure gated entrance. Whether you’re seeking a weekend getaway or a full-time residence, Lot 42 provides stunning lake views, privacy, and access to premier amenities at Possum Kingdom Lake.

Lot 42 Water Lilly, Possum Kingdom Lake

$245,000
21135917 MLS
Almost two acres (1.967 ac) in Sportsmans World at Possum Kingdom Lake, the home of Hells Gate, and this lot sits right at the back of Hells Gate Cove. Plenty of elbow room and minimal restrictions make this an ideal location for building that lake home you've been dreaming of when you're ready - no time requirement for when you must build. Amenities available to Sportsmans World property owners include an airstrip, Bluff Creek Marina and boat ramp, community pavilion with pool, tennis courts, playground and disc golf, plus the benefits of a volunteer fire department within the subdivision. Come see this fairly flat lot and consider joining this great community so you can start living and loving the PK Lake Life!

8045 Hells Gate Loop, Possum Kingdom Lake

$315,000
21138004 MLS
Room to roam on the nearly three acre (2.768 ac) lot in Sportsmans World at Possum Kingdom Lake, the home of Hells Gate. Located near the end of a cul-de-sac off the beaten path, this large lot allows for plenty of space with an out in the country feel. The starry night skies are spectacular from here! This part of Sportsmans World has common sightings of natural wildlife - audads, rabbits, fox, roadrunners and many other birds - it's a nature lover's dream spot. Minimal restrictions make this an ideal location for building that lake home you've been dreaming of when you're ready - no time requirement for when you must build. Amenities available to Sportsmans World property owners include an airstrip, Bluff Creek Marina and boat ramp, community pavilion with pool, tennis courts, playground and disc golf, plus the benefits of a volunteer fire department within the subdivision. Come see this great spot and consider joining the Sportsmans World community so you can start living and loving the PK Lake Life!

Lot 5R Bluff Creek, Possum Kingdom Lake

$285,000
21137999 MLS
Almost two acres (1.996 ac) in Sportsmans World at Possum Kingdom Lake, the home of Hells Gate, and this lot sits right across the street from Hells Gate Cove. Plenty of elbow room and minimal restrictions make this an ideal location for building that lake home you've been dreaming of when you're ready - no time requirement for when you must build. Numerous established homes and newly constructed homes in the vicinity of this lot, but neighboring lots are large enough that none feel too close. Amenities available to Sportsmans World property owners include an airstrip, Bluff Creek Marina and boat ramp, community pavilion with pool, tennis courts, playground and disc golf, plus the benefits of a volunteer fire department within the subdivision. Come see this lake view lot and consider joining this great community so you can start living and loving the PK Lake Life!

7092 Hells Gate Loop, Possum Kingdom Lake

$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

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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