Features & Amenities

Interior

  • Other Interior Features

    Eat-in Kitchen, Granite Counters, Open Floorplan, Walk-In Closet(s), High Speed Internet

  • Total Bedrooms

    3

  • Bathrooms

    2

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air, Electric, Window Unit(s)

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Other Exterior Features

    Boat Slip, Dock, Other

  • Parking

    Additional Parking, Asphalt, Attached Carport, Driveway, Garage, Gated, Boat, RV Access/Parking

  • Patio and Porch Features

    Deck, Covered

  • Pool

    No

  • Waterfront YN

    YES

  • View

    Water

Area & Lot

  • Lot Features

    Cleared, Cul-De-Sac, Level, Waterfront, Subdivided

  • Lot Size(acres)

    0.56

  • Lot Size(square feet)

    24,393

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

Price

  • Sales Price

    $1,579,774

  • Tax Amount

    $19,605

  • Financing Options

    Cash, Conventional

  • Sq. Footage

    2,324

  • Price/SqFt

    $679

HOA

  • Association

    YES

  • Association Fee

    $800

  • Association Fee Frequency

    Annually

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Palo Pinto

  • Middle School

    Palo Pinto

  • High School

    Mineral Wells

Property Features

  • Sewer

    Septic Tank

  • Tax Lot

    59

  • Water Source

    Public

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Location

County

Palo Pinto

Elementary School

Palo Pinto

Middle School

Palo Pinto

High School

Mineral Wells

Listing Courtesy of Shayne Jacobs, eXp Realty, LLC

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Discover the perfect opportunity to own a true walk-out waterfront retreat in the highly sought-after Gaines Bend community on Possum Kingdom Lake. Nestled in a peaceful, scenic cove, very short distance from the main body of PK, this property offers the kind of lake living people dream about—calm waters, stunning views, and direct access right from your backyard. It's a must see!

The main home offers solid bones and tons of potential. It’s ready for someone with vision—a little TLC will go a long way in transforming this into the ultimate lake getaway or full-time residence, This 3 bedroom 2 bath house has stunning lake views from the beautiful large windows that wrap the back of the home. With nearly 400 square feet of additional guest-house space, with its own private bathroom, you’ll have room for friends, family, or even a private retreat of your own.

Step outside and enjoy your very own boat ramp as well as a 24x32 single-slip dock, complete with HydroPort lifts for up to four jet skis, making it effortless to spend your days on the water. Whether you’re boating, swimming, or simply relaxing on the dock, this cove setting delivers the ideal blend of privacy and beauty.

Between the unbeatable location, walk-out water access, guest house and valuable dock setup, this property is priced to sell and ready for its next chapter. Opportunities like this in Gaines Bend don’t come around often.  This home won't last and is priced to sell, being sold as-is, contact agent for more details.

1011 Firewheel Trail

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Welcome to your dream lake retreat on the shores of Possum Kingdom Lake. This rare one story barndominium style estate blends modern design with the laid back charm of lake living and comes fully furnished and ready to enjoy. The main home features four spacious bedrooms and four baths with an open layout that makes entertaining effortless. The kitchen offers sleek quartz countertops, crisp cabinetry, and a large island that flows into the living and dining spaces where tall ceilings, wood beams, and a stone fireplace create a warm gathering place.

Step outside to the screened in patio where you can dine or relax while taking in views of the water. A 140 foot walkway leads to the private covered dock complete with an automatic boat lift, two jet ski lifts, and lockable storage. Evenings are best spent by the fire pit under string lights or soaking in the hot tub while watching unforgettable sunsets.

Guests will love the private three bedroom two bath guest house, making this property ideal for hosting friends and family or for use as a short term rental. With room to comfortably sleep sixteen and a strong rental history, it is both a personal getaway and a SMART investment.

Additional highlights include a fully fenced lot with custom cedar automatic gate, fresh sod with sprinkler system, spray foam insulation for energy efficiency, and a massive 1400 square foot garage perfect for hobbies or game nights with space for a dart board and basketball hoop.

Located just minutes from dining, live music, Rocker B Ranch, golf, and all the attractions of Possum Kingdom Lake, this home offers a lifestyle like no other. Life is better by the water and this property makes every day feel like a vacation.

As of Sept 19 this has grossed $160,000 from STR for 2025. Please reach out to Brooke for updated numbers.
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