
Residential Land for Sale in Graford, Texas
E Hells Gate Dr, Graford, TX 76449
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.
Location
- Street address
- E Hells Gate Dr, Lot 5
- County
- Palo Pinto County
- Zip code
- 76449
- Community
- Gaines Bend Sub
- School district
- Palo Pinto ISD
- Elevation
- 1,097 feet
Directions
Enter Gaines Bend from Hwy 16. Continue on Gaines Bend Drive. Turn left onto East Hells Gate Dr. Lot is on the left.
Property details
- Lot size
- 0.585 acres25,483 sq ft
- Zoning
- Residential
- MLS #
- NTREIS 21189916
- Posted
Property taxes
- Recent
- $4,492
Expenses
- Homeowner Association Fee
- $850 annually
Parcels
- 564549
Legal description
ACRES: 0.585 GAINES BEND PK LAKE BLK 5 LOT 5
Details and features
Listing
- Type
- Land
Lot
- View
- Water
- Waterfront
- Lake Front, Waterfront
- Features
- Backs to Greenbelt Park, Few Trees, Level
Structure
- Sewer
- Private Sewer
Nearby schools
| Name | Type | District |
|---|---|---|
| Palo Pinto | Elementary | Palo Pinto ISD |
| Palo Pinto | Middle | Palo Pinto ISD |
| Mineral Wells | High | Palo Pinto ISD |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 17, 2026 | Price drop | $695,000 | $50,000 -6.7% | NTREIS |
| Mar 21, 2026 | New listing | $745,000 | — | NTREIS |
















