1002 Cedar Drive, Possum Kingdom Lake, TX, 76449

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$1,495,000
2 Days On Site

1002 Cedar Drive
Possum Kingdom Lake, TX 76449

For Sale|Single Family Residence|Active
3
Beds
3
Total Baths
3
Full Baths
2,199
SqFt
$680
/SqFt
2012
Built
Subdivision:
Gaines Bend
County:
Palo Pinto
Call Now: 940-779-1111
Is this the listing for you? We can help make it yours.
940-779-1111
1002 Cedar Drive1002 Cedar Drive1002 Cedar Drive1002 Cedar Drive
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Tucked into a quiet, protected cove at the approach to Hell’s Gate, this nearly one-acre Gaines Bend property offers expansive water views, calm no-wake water, and one of the most recognizable locations on Possum Kingdom Lake. The 3-bedroom, 3-bath home is positioned to capture sweeping sunset views while enjoying the privacy of a protected cove just outside the activity of Hell’s Gate. From its elevated setting, you can watch fireworks light up the sky overhead — close enough to enjoy the show, yet removed from the congestion and heavy boat traffic. Designed for gathering and easy lake living, the home opens to layered composite decks that create multiple outdoor living zones. A covered patio with fireplace, grilling station, and open-air lounge areas overlook the water, while a lakeside tiki retreat provides a tucked-away perch near the shoreline. Inside, the layout is comfortable and functional, offering flexibility for weekend guests or full-time lake living. A stone retaining wall and stairway lead to a private dock with boat lift in approximately 12 feet of water at full pool. The nearly one-acre setting provides uncommon elbow room in Gaines Bend — space for lake toys, gatherings, and future personalization. Whether envisioned as a weekend escape or full-time lake residence, this property offers the rare balance of protected water, iconic proximity, and room to make it your own.

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Listing Snapshot
Price 
$1,495,000
Days On Site 
2 Days
Bedrooms 
3
Inside Area (SqFt) 
2,199 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.922 Acres
Year Built 
2012
MLS® Number 
21193524
Status 
Active
Property Tax 
$11,554
HOA/Condo/Coop Fees 
$83.33 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Acres 
0.922
Foundation 
Slab
Levels 
One
Parking 
Additional ParkingBoatConcreteDrivewayNo GarageGatedRV Access/Parking
Property Sub Type 
Single Family Residence
Security 
Gated Community
Special Circumstances 
Standard
Style 
Ranch
Interior Features
Appliances 
DishwasherElectric RangeElectric Water HeaterRefrigerator
Cooling 
Ceiling Fan(s)Central AirElectric
Fireplace 
Yes
Fireplace Features 
Wood Burning
Fireplaces 
1
Flooring 
CarpetCeramic Tile
Heating 
CentralElectricFireplace(s)
Interior 
Cathedral Ceiling(s)Double VanityKitchen IslandOpen FloorplanPantryVaulted Ceiling(s)Walk-In Closet(s)High Speed Internet
Laundry Features 
Electric Dryer HookupWasher Hookup
Window Features 
Window Coverings
Living Room 
Dimensions - 0 x 0Level - FirstFeatures - Ceiling Fan(s)
Master Bedroom 
Dimensions - 0 x 0Level - FirstFeatures - Ceiling Fan(s)
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Exterior Features
Exterior 
Boat SlipDockOutdoor Grill
Fencing 
None
Lot Features 
Irregular LotSlopedWaterfrontSubdivided
Other Structures 
Gazebo
Patio And Porch 
Deck
Roof 
Shingle
View 
Water
Waterfront 
Yes
Waterfront Features 
Lake Front
Waterview 
Water
Windows/Doors 
Window Coverings
Community Features
Association Dues 
1000
Community Features 
Gated
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Annually
School District 
Palo Pinto ISD
Schools
School District
Palo Pinto ISD
Elementary School
Palo Pinto
Middle School
Palo Pinto
High School
Mineral Wells
Listing courtesy of Jackie Fewell of Berkshire HathawayHS Pondera [email protected]



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Last checked: 2026-03-03 02:23 AM CST

Neighborhood & Commute
Source: Walkscore
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