$3,830,001 - $4,418,000

Sold on December 01, 2023
It was listed for $4,195,000

1016 Hells Gate Drive E, Possum Kingdom Lake, TX 76449


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5 Bedroom(s)
5 Full & 1 Half Bath(s)
4,658 Sqft
0.37 Lot Acres
Residential - Single Family

Home value comparables

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Tracking value since April 24, 2026

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Home Value Comparables
AVM Value
$3.41M
AVM Value
$4.20M
Value Range
$3.05M - $3.77M
Value Range
$ 4,195,360
Confidence Score
78%

Margin of Error*: 11%
Confidence Score
NA
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Tracking value since April 24, 2026

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About this property

UNDER CONSTRUCTION an amazing NEW LAKE HOUSE in an excellent location… so close you could swim to famous landmark Hells Gate! Modern 3 story, 5 BR 6 BA designed by Blake Architects. Stone, stucco and wood exterior, flat roof, modern black doors & windows. Bosting 6,667 Sq Ft under roof, 4658 Sq Ft HVAC, two car garage, concrete drive. Panoramic lake views from all levels. Mega porches and patios for comfortable outdoor living. A fantastic SWIMMING POOL is also under construction with Hot Tub, Sunken Firepit, Outdoor Kitchen. Deep water NEW DOUBLE DECKER BOAT DOCK soon to be delivered with 29 Ft Boat Slip & Lift, Two PWC Slips & Lifts. In popular Gaines Bend Development on the south end of the clearest blue waters of Possum Kingdom Lake. Many special features, top-grade appliances. Ask for building plans and details. Completion expected within a few months. Check back for updates IF still available... opportunities like this to have ALL NEW and not go to all the trouble are R A R E

MLS#
NTREIS-20331739
List Price
$4,195,000 ($901/Sqft.)
Sold Price Range
$3,830,001 - $4,418,000
Listing Status
Sold
Address
1016 Hells Gate Drive E
City
Possum Kingdom Lake
State
TX
Zip Code
Subdivision
Gaines Bend
Property Type
Residential - Single Family
Bedroom
5 Bedroom(s)
Bath
5 Full & 1 Half Bath(s)
Garages
2 / Attached
Stories
3
Architecture Style
Contemporary/Modern
Year Built
2023 / Appraisal District
Building Size
4,658 Sqft/Appraisal District
Lot Size
0.37 Lot Acres./ASSESSOR
Maintenance Fee
$800 / Annually

Rooms

Living
21 x 27, 2nd
Dining
12 x 20, 2nd
Kitchen
15 x 20, 2nd
Primary Bedroom
14 x 14, 2nd
Primary Bedroom
20 x 20, 3rd
Bedroom
15 x 13, 3rd
Bedroom
15 x 20, 1st
Bath
18 x 11, 2nd
Bath
9 x 10, 3rd
Bath
9 x 10, 3rd
Bath
6 x 15, 1st
Game Room
16 x 13, 3rd

Exterior

Roof
Flat
Foundation
Slab
Private Pool
Yes
Private Pool Desc
Infinity, Private, Separate Spa/Hot Tub
Exterior Type
Rock/Stone, Stucco, Wood
Lot Description
Hilly, Landscaped, Waterfront
Water Amenity
Dock
Parking
Additional Parking, Concrete, Deeded, Driveway, Garage Door Opener, Garage Faces Side
Parking Space
Garage 2 / Carport 0 / Total Covered 2
Porch
Covered, Deck, See Remarks
Easements
Utilities, Water Lines
Utility
Asphalt, Individual Water Meter, Outside City Limits, Private Sewer, Rural Water District
Exterior
Covered Patio/Porch, Dock, Lighting, Outdoor Kitchen

Interior

Fireplace
1/Gas
Floors
Carpet, Simulated Wood
Cooling
Central Air, Zoned
Heating
Central, Zoned
Appliances
Built-in Refrigerator, Dishwasher, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan
Other Equipment
Call Listing Agent
Security System
Gated Community, Smoke Detector(s)
Interior
Built-in Features, Double Vanity, Decorative Lighting, Eat-in Kitchen, Flat Screen Wiring, High Speed Internet Available, Multiple Staircases, Open Floorplan, Pantry, Smart Home System, Walk-In Closet(s)

Extra details you may need to know

Dwelling Type
Lake House
Community Features
Boat Ramp, Gated, Lake

Financial information

Maintenance Fee
$800/Annually
Maint Fee Includes
Electricity, Maintenance Grounds, Security, Sewer

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Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Listing broker

Possum Kingdom Real Estate

1677 Park Road 36, Graford, TX 76449
Possum Kingdom Real Estate, is a Texas real estate firm, located at 1677 Park Road 36, Graford, TX 76449. Possum Kingdom Real Estate provides a wide range of real estate services. Consumers continue to find value in having a real estate professional help them through the home buying and selling process. The range of services the real estate professionals provide is proving ever more valuable in real estate transactions (financing twists and sales contract intricacies). Please view Possum Kingdom Real Estate current listings.

Buyers and sellers give reviews to the real estate agents for the level of expertise and professionalism they bring to the real estate transaction. View Possum Kingdom Real Estate Agent Roster.

Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Apr 24, 2026 at 06:48 AM
Listing last updated Dec 02, 2023 at 01:58 PM
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1016 Hells Gate Drive E, Possum Kingdom Lake, TX 76449. View photos, map, tax, nearby homes for sale, home values, school info...