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Residential Land for Sale in Graford, Texas

E Hells Gate Dr, Graford, TX 76449

$695,000
0.59 acres
Active sale
$50k drop
Est $5,130/mo

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
Zip code
76449
Community
Gaines Bend Sub
School district
Palo Pinto ISD
Elevation
1,097 feet
Coordinates
32.8511, -98.4614

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

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

NameTypeDistrict
Palo PintoElementaryPalo Pinto ISD
Palo PintoMiddlePalo Pinto ISD
Mineral WellsHighPalo Pinto ISD

Listing history

DateEventPriceChangeSource
Apr 17, 2026Price drop$695,000$50,000 -6.7%NTREIS
Mar 21, 2026New listing$745,000NTREIS
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This 0.585-acre property is located at E Hells Gate Dr Lot 5 in Graford, TX 76449. The land is available for sale, priced at $695,000.

Listed by The Brokerage Residential, (972) 379-7486

Checked 2 hours agoUpdated Source

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