Possum Kingdom Lake Homes under $700,000

Welcome to Possum Kingdom Lake, a hidden gem nestled in the heart of Palo Pinto County, Texas. This picturesque destination is renowned for its stunning water views, scenic landscapes, and vibrant outdoor lifestyle, making it a perfect retreat for nature enthusiasts and families alike. With its crystal-clear waters and breathtaking cliffs, Possum Kingdom Lake offers a serene escape from the hustle and bustle of city life, while still being conveniently located just a short drive from the amenities of nearby towns.

The real estate market here is thriving, with a variety of charming homes available, many priced under $700,000. Whether you’re searching for a cozy lakeside cottage, a modern family home, or a spacious retreat for entertaining, Possum Kingdom Lake has something to suit every taste and budget. Imagine waking up to the gentle sounds of nature, enjoying your morning coffee on a sun-drenched patio, or spending weekends boating, fishing, and swimming in the lake’s inviting waters.

The community is rich in recreational opportunities, with numerous parks, hiking trails, and waterfront activities that cater to all ages. With a friendly atmosphere and a strong sense of community, residents here enjoy a laid-back lifestyle, where neighbors become friends and every day feels like a vacation.

If you’re looking for an idyllic place to call home or a weekend getaway, Possum Kingdom Lake offers an enchanting blend of natural beauty and affordable living. Discover your dream home in this charming lakeside community today!

Newest Possum Kingdom Lake Homes under $700,000

$625,000

4 Beds ⋅ 3 Baths ⋅ 21389601 MLS

Experience elevated lake living in this exceptional new construction by Cheldan Homes, ideally located within the prestigious Cliffs Resort at Possum Kingdom Lake. Renowned for superior craftsmanship, thoughtful design, and quality construction, Cheldan Homes has created a residence that perfectly blends luxury, comfort, and the relaxed lifestyle of Possum Kingdom Lake. Designed for both everyday living and effortless entertaining, this beautifully appointed home features a spacious, functional floor plan with intentional details, high-end finishes, and an inviting sense of style throughout. Step outside to a thoughtfully designed outdoor living area where you can unwind after a day on the lake, entertain friends and family, or simply enjoy spectacular Texas evenings. The oversized garage provides the space you've been looking for to store your boat, lake toys, vehicles, and recreational gear — giving you room to fully embrace the Possum Kingdom lifestyle. Nestled in a quiet, desirable location within the community, this home offers a wonderful balance of privacy and resort-style living. As a resident of The Cliffs, you'll have access to an impressive array of amenities, including 24-hour security, championship golf, multiple swimming pools, marina access, and on-site dining, all surrounded by the natural beauty of Possum Kingdom Lake. Best of all, there's no waiting for construction and no projects to tackle. This beautiful home is ready for you to move in and start making lake memories right away. Don't miss the opportunity to take advantage of huge incentives available with a contract in place before October 31, 2026. Secure your new Cheldan home and start enjoying everything Possum Kingdom Lake has to offer. This isn't just a new home — it's your next chapter at the lake. Schedule your private showing today!

60 Heritage Dr, Possum Kingdom Lake

101 Hide Away Dr Unit 7, Possum Kingdom Lake

$250,000

2 Beds ⋅ 1 Baths ⋅ 21374803 MLS

Welcome to your Possum Kingdom Lake getaway! Tucked inside the highly sought after Sportsman’s World community, this charming 2-bedroom, 1-bath cabin offers the perfect blend of cozy character, thoughtful updates, and an unbeatable outdoor lifestyle. Whether you’re searching for a weekend retreat, a full time residence, or your own home base for lake adventures, this property is ready to enjoy. Inside, the comfortable layout and inviting cabin atmosphere to make it easy to relax and unwind. Numerous updates provide added peace of mind, including a newer roof and gutters, PEX plumbing, newer water heater, updated bathroom shower and fixtures, and a newer HVAC system. Step outside and discover even more to love. A newer 22x35 shop with new electrical offers exceptional space for lake toys, vehicles, storage, hobbies, or a workshop. The newer back porch creates the perfect spot to enjoy your morning coffee, unwind after a day on the water, or gather with friends and family. Sportsman’s World is where the property truly shines, offering a lifestyle centered around Possum Kingdom Lake and the outdoors. Residents enjoy convenient access to the community boat ramp and marina at Hells Gate Loop, making it easy to get out on the water for boating, fishing, swimming, and all your favorite lake activities. Community amenities include a swimming pool, tennis courts, playground, disc golf course, picnic areas, and a community barn for horses and livestock. If you’ve been looking for a place where you can slow down, enjoy the lake, and make lasting memories, this cozy Sportsman’s World cabin deserves a look. Come experience the relaxed lake lifestyle that makes Possum Kingdom so special!

101 Hide Away Dr Unit 7, Possum Kingdom Lake

1222 Canyon Wren Loop, Possum Kingdom Lake

$535,000

4 Beds ⋅ 2 Baths ⋅ 21348927 MLS

Escape to your own private retreat in the stunning Hills Above PK, where modern comfort meets classic log-cabin charm. Situated on 4.92 picturesque acres, this beautiful 3-bedroom, 2-bath home also features 3 Murphy-style bunk beds, providing flexible sleeping space for family and guests. Outdoor enthusiasts and hobbyists will appreciate the impressive improvements, including a 30x40 shop built to 130-mph wind standards with high-beam, bolt-up engineered construction. Plumbing is already in place for a half bath. A separate 50x30 barn offers 3 stalls, a back room, workshop area, electricity, and water—ideal for livestock, projects, storage, or recreational equipment. Enjoy your own approximately 1-acre stocked pond, home to catfish, minnows, and brim (perch), creating a peaceful setting for fishing and relaxing. The acreage offers room to roam, entertain, and enjoy the privacy of country living. Located within a desirable subdivision offering fantastic HOA amenities, including a community pool, clubhouse, boat dock, and boat house. Whether you're looking for a full-time residence, weekend getaway, this unique property offers space, amenities, and Texas Hill Country lifestyle you've been waiting for. Don't miss this rare opportunity to own a piece of the Hills Above PK!

1222 Canyon Wren Loop, Possum Kingdom Lake

2033 Harbor Way Unit 304, Possum Kingdom Lake

$679,000

3 Beds ⋅ 3 Baths ⋅ 21355578 MLS

Enjoy elevated lake living from this desirable third-floor residence, where beautiful lake views and vaulted ceilings create a bright, open, and inviting atmosphere. The elevated location provides a great vantage point for taking in the surrounding scenery, whether you are relaxing inside or enjoying time overlooking the lake. Vaulted ceilings add to the spacious feel of the residence and bring added character to the main living area. Located within a gated community with a guarded entrance and on-site security, this property offers both comfort and peace of mind. Residents have access to an impressive selection of resort-style amenities, including a community pool, relaxing spa, fitness center, playground, and tennis courts. Spend your days enjoying the lake, staying active, or simply unwinding by the pool without having to leave the community. The combination of a third-floor setting, lake views, vaulted ceilings, and extensive community amenities makes this property an excellent opportunity for anyone looking to enjoy the lake lifestyle. Whether used as a full-time residence, weekend retreat, or low-maintenance getaway, it provides a comfortable place to relax and enjoy everything the community has to offer.

2033 Harbor Way Unit 304, Possum Kingdom Lake

1636 Sawtooth Mountain Rd, Possum Kingdom Lake

$429,000

2 Beds ⋅ 3 Baths ⋅ 21348134 MLS

PERFECT PK LAKEHOME GETAWAY on 5 Acres, in the Breathtaking Hills Above Possum Kingdom, a Gated Neighborhood with Beautiful Hills & Valley views as well as Spectacular Sunsets from your Large Covered Deck. All this then overlooks a Private Pond with Fountain and a Creek Bed, that fills seasonally with rains, and 5 Acres to walk, hike, explore, and enjoy this incredible Tx Hill and Lake Country, Rustic Setting. The inside of the home features a Light & Bright, Open Concept Design Living Space with Wood-Beamed Cathedral Ceiling, Eat In Kitchen with Granite Countertops & Stainless Appliances, Walk-in Pantry, ½ bath and a 2 Car Carport on the main level accessing the Front Door. The 2 Bedrooms downstairs, both have attached Baths, plus there is Bonus Room, or Game Room for Extra Guests, Laundry Room, and a lower level walk-out entrance. Then its an easy walk or drive down on the property to the 24 x 30 Garage & Workshop with Electric. The extra storage shed also has 220v, and there is 1 RV Plug & Water under the Carport. This Friendly, Fun Community features include a Gorgeous Clubhouse, Infinity Pool overlooking Possum Kingdom Lake, Fitness center, Lakefront Cabin, Day Slips, Boat Ramp, and Dry Boat Storage. The Hills Above is also conveniently located only 15 minutes to the Small Charming town of Graham for Shopping and Dining and a Short Drive or Boat Ride to all the Best Dining, Amenities and Hiking Trails on PK Lake as well. This is great affordable option to own at Pk, and Enjoy the Best of PK Lakelife.

1636 Sawtooth Mountain Rd, Possum Kingdom Lake

2030 Harbor Way Unit 401, Possum Kingdom Lake

$369,500

1 Beds ⋅ 2 Baths ⋅ 21349129 MLS

This uniquely finished, one of a kind carriage house offers everything you will need for maximum enjoyment of your time at Possum Kingdom Lake. Located in the picturesque setting of The Harbor, this unit is fully furnished including the 173 sq ft covered balcony. The size and comfort of the interior space will surprise you, while the view overlooking the pond with multiple waterfalls will send you into total relaxation. The oversized bedroom offers space for individual quiet time or office space, and a queen sized murphy bed and full guest bathroom provide additional accommodations. In the kitchen you will find upgraded appliances, well designed cabinetry, built in cooling drawers, a pot filler, and an island all surrounded by incredible decorative touches. Dining-in is a pleasure and grilling on the balcony is always an enjoyable choice. Natural landscaping creates privacy for this unit, but the inviting pool and fitness center are only steps away. If walking isn't an option, hop on your ATV to get to the other amenities and a nearby restaurant. There's covered parking and an enclosed garage for storing it and your other lake toys. Don't miss the opportunity to own this incredible property. It is waiting just for you. Owning property and experiencing Possum Kingdom Lake is possible!

2030 Harbor Way Unit 401, Possum Kingdom Lake

3033 Hells Gate Loop Unit E206, Possum Kingdom Lake

$276,000

2 Beds ⋅ 2 Baths ⋅ 21346111 MLS

One of the largest condos in Paradise Villas, very clean & well maintained; fully furnished & ready for you to enjoy! Loft area for extra sleeping space, game room, or office. Great composition deck overlooking Bluff Creek offers plenty of space for outdoor dining or gorgeous sunset views. Located in the end building just steps from the Villas common area cookout spot, and just minutes from Bluff Creek Marina.

3033 Hells Gate Loop Unit E206, Possum Kingdom Lake

880 Cliffs Dr Unit 2, Possum Kingdom Lake

$499,900

3 Beds ⋅ 2 Baths ⋅ 21344750 MLS

LOOKING FOR THE CONVENIENCE OF CONDO LIVING WITHOUT SACRIFICING PRIVACY? This beautifully well maintained home in The Cliffs Resort at Possum Kingdom Lake offers the best of both worlds! Designed for a lock-and-leave lifestyle, this low-maintenance home is tucked among mature trees with native landscaping, providing a peaceful setting where you can relax on your private wraparound deck, enjoy beautiful views, and watch the abundant wildlife. Unlike a condo, you'll appreciate the privacy of your own outdoor living space, additional parking, and the comfort of owning a detached home. Inside, the open-concept floor plan is warm and inviting, featuring wood flooring, granite countertops, a stunning oversized gas fireplace, and abundant natural light. Recent updates include a new roof in 2023, energy-efficient windows installed in 2024, and a new dishwasher in 2025. The wraparound deck also offers convenient storage underneath, making it easy to keep your lake toys and outdoor gear organized. Located just minutes from the marina and all of The Cliffs Resort amenities, homeowners enjoy a gated community, 36 complimentary rounds of golf each year on the championship 18 hole golf course, two community pools, tennis and pickleball courts, a fitness center, and the Chaparral Grille & Bar, where residents receive a 10% discount while enjoying one of the best lake-view patios at Possum Kingdom Lake. Whether you're looking for a full-time residence, weekend retreat, or investment property, this home delivers the carefree lifestyle of a condo with the privacy, space, and charm of a single-family home.

880 Cliffs Dr Unit 2, Possum Kingdom Lake

2334 Sanbar Road Unit 60, Possum Kingdom Lake

$55,000

2 Beds ⋅ 2 Baths ⋅ 21328783 MLS

Welcome to lake living in the desirable Golden Cove community at the end of the Possum Kingdom Lake peninsula! This charming waterfront retreat sits on PK’s Broadway waters, just a short boat ride from Hell’s Gate, the dam, and popular waterfront dining spots. Perfect as a weekend getaway, summer retreat, retirement home, or peaceful full-time residence, this move-in-ready property offers an affordable way to enjoy the beauty of Possum Kingdom Lake. Mature oak trees, sandy shoreline, abundant wildlife, stunning sunsets, and crystal-clear water create the ideal lake setting in The Cove. The spacious covered deck with built-in bar is perfect for entertaining or relaxing outdoors. The grassy yard provides room to unwind and enjoy visits from neighborhood deer, while the fenced backyard offers a secure space for small pets. Gravel areas provide easy maintenance and plenty of parking for guests and lake toys. Inside, the open-concept living, dining, and kitchen area creates a welcoming gathering space. The home features two bedrooms, each with its own en-suite bathroom, positioned on opposite ends for privacy. Recent updates include a stylish walk-in shower in the primary bath. Enjoy the peaceful atmosphere of this quiet lakeside retreat. Most furnishings convey, making this home ready for immediate enjoyment. Golden Cove offers a welcoming community with amenities including a private boat ramp, dock, swim cove, community events, and guest cabins. The current lot lease is approximately $865 per month, with the landowner responsible for property taxes on the lot; owners pay taxes only on improvements. Short-term rentals (VRBO) are not permitted.

2334 Sanbar Road Unit 60, Possum Kingdom Lake

313 Butler Point Rd, Possum Kingdom Lake

$579,000

3 Beds ⋅ 2 Baths ⋅ 21310915 MLS

Gated entry to your own spacious lakeside haven, set on a generous waterfront lot with an oversized, lush play yard that feels like a private park. This cheerful and mostly furnished 3bedroom, 2bath home welcomes you with a bright, happy living room addition showcasing sparkling lake views, an open dining area, and a flowing floorplan designed for easy gatherings. A large lakeside deck extends your living space outdoors, ideal for entertaining, unwinding, or simply soaking in the tranquil scenery. Follow the gentle walk down to the water where a rock retaining wall for erosion control, and swim dock awaits, perfect for fishing, lounging, or jumping in for a refreshing dip. A private boat ramp makes lake days effortless. Storage is never an issue here- enjoy abundant space for all your lake toys, plus boat, RV parking. The property also includes a 2 car attached carport, a garage with workshop, and an additional carport, plenty of room for guests, gear, and hobbies. A rare combination of space, comfort, and true lake-living convenience, this property is ready to enjoy.

313 Butler Point Rd, Possum Kingdom Lake

3412 Scenic Point Rd Unit 100, Possum Kingdom Lake

$169,000

1 Beds ⋅ 1 Baths ⋅ 21296744 MLS

Tired of driving home after a great day of boating at Possum Kingdom? Enjoy easy lake living with this efficient and low-maintenance ensuite condo. Perfect as a weekend getaway, this fully furnished private suite offers a full bathroom, king bed, refrigerator, microwave, and beautifully appointed designer bathroom. For boat owners at PK marina, it's an ideal alternative to sleeping onboard, providing comfort and convenience just moments from your slip. Located in Harborview, owners enjoy access to exceptional amenities including a resort-style pool, hot tub, fitness center, pavilion, fire pit, and laundry facilities. Patterson PK Marina and Hemingway's are just a short walk away, making it easy to spend your days on the water and your evenings relaxing nearby. Whether you're spending weekends at the lake, need a comfortable place to stay near your boat, or simply want a low-maintenance retreat to enjoy everything Possum Kingdom Lake has to offer, this property provides a convenient way to make the most of your time at the lake, or make it a short-term rental and take advantage of a great investment opportunity if you desire.

3412 Scenic Point Rd Unit 100, Possum Kingdom Lake

3500 Hog Bend, Unit 48, Possum Kingdom Lake

$175,000

1 Baths ⋅ 21257709 MLS

Escape to your own private waterfront retreat at 3500 Hog Bend #48 on Possum Kingdom Lake. Seller is offering a $30,000 REPAIR CONCESSION to be credited towards the replacement of the dock. Accessible ONLY by BOAT, this 0.634-acre lakefront property is the ultimate secluded getaway with a beautiful sandy beachfront and room to create a future family compound. The property features an existing 224-square-foot TINY HOME perfectly suited for weekend lake adventures, along with a lawnmower & storage shed and a separate pump-house equipped with an additional toilet and outdoor shower. Lake Water Pump & electrical systems on dock recently redone by Groves Mechanical. Designed with future expansion in mind, the property already includes underground infrastructure for raw lake water, electricity, separate potable water line and septic infrastructure pre-installed for a main Lakefront Cabin & a TOTAL of 4 tiny homes creating a unique opportunity to develop a private lakeside compound. New shop could also be built with prewired underground electrical and lake water line. Enjoy swimming from the sandy shoreline, relaxing under the stars, fishing from your dock, and experiencing the peaceful beauty of one of PK Lake's most secluded waterfront locations. Whether you're looking for an off-grid-style escape, a recreational basecamp, or a property with room to grow, this Hog Bend gem offers endless possibilities. Seller would consider conveying their modified pontoon barge in the sale of property.

3500 Hog Bend, Unit 48, Possum Kingdom Lake

Start Your Search

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

Last updated: