1002 Cedar Drive, Possum Kingdom Lake, TX 76449

$1,425,000
  • 1002 Cedar Drive, Possum Kingdom Lake, TX 76449 Main Photo

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Active
BEDS3 BATHS3 full SQUARE FEET2,199 MLS#21193524
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONGaines Bend SCHOOLPalo Pinto ISD

Property Description

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.

1002 Cedar Drive | MLS# 21193524

This single family home located at 1002 Cedar Drive, Possum Kingdom Lake, TX 76449 is currently listed for sale with an asking price of $1,425,000. This property was built in 2012 and has 3 bedrooms and 3 full baths with 2199 sq. ft. Cedar Drive is located in the Gaines Bend subdivision within the Palo Pinto ISD school district. Search Gaines Bend real estate on shelbymilam.kellyrealtors.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Central Air, Electric
Fireplaces: 1
Heating: Central, Electric, Fireplace(s)
Home Style: Ranch
Lot Size: 0.92 Acres
Roof Type: Shingle
Year Built: 2012

Amenities

Cathedral Ceiling(s)
Double Vanity
High Speed Internet Available
Kitchen Island
Open Floorplan
Pantry
Vaulted Ceiling(s)
Walk-In Closet(s)
Boat Slip
Dock
Outdoor Grill
RV/Boat Parking

Feature Descriptions

Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
Body of Water: Possum Kingdom
Community Features: Boat Ramp, Gated
Days on Site: 95
Exterior: Siding
Fencing: None
Fireplace: Wood Burning
Flooring: Carpet, Ceramic Tile
HOA Fee: 1000/ Annually
Laundry: Electric Dryer Hookup, Utility Room, Full Size W/D Area, Washer Hookup
Lot: Irregular Lot, Sloped, Subdivision, Water/Lake View, Waterfront
Parcel#: 16521
Parking: Additional Parking, Boat, Concrete, Driveway, No Garage
Parking Notes: Additional Parking, Boat, Concrete, Driveway, No Garag
Patio/Porch: Deck
Utilities: Asphalt, Co-op Electric, Co-op Water, Community Mailbox, Individual Water Meter, Outside City Limits, Overhead Utilities, Private Road, Private Sewer, Unincorporated
Water Features: Dock – Covered, Lake Front
Window: Window Coverings

Local Schools

Elementary School: Palo Pinto
School District: Palo Pinto ISD

Listed By / Shown By

Listed By

Agency Name: The Brokerage Residential LLC
Agency Contact: 972-379-7486
Agent Name: Jackie Fewell

agent picture

Shown By

Agent Name: Shelby Milam
Agent Phone: (254) 366-9606
Agency Title: Kelly, Realtors

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Estimated Payment

$ 3,587.06 per month $3,171.43 Principal & Interest $0.00 Property Tax (data not provided by mls) $415.63 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/04/2026. The listing information on this page last changed on 06/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 06/04/2026 12:00:26 AM EST) or NTREIS (last updated Wed 06/03/2026 11:49:59 PM EST) or SABOR MLS (last updated Wed 06/03/2026 11:22:45 PM EST) or CTXMLS (last updated Wed 06/03/2026 11:34:32 PM EST). Real estate listings held by brokerage firms other than Kelly, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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