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Listing provided courtesy of The Brokerage Residential LLC- MLS# 21193524MLS ProviderContact Information: Jackie Fewell - 972-379-7486

1002 Cedar DrivePossum Kingdom Lake, TX 76449

Single Family · 3 Beds · 3 Full Baths · 2,199 Sq. ft. | 0.92 Acres
$1,425,000 Active

1002 Cedar Drive Overview

Visits:
25

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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1002 Cedar Drive Facts & Features

  • Type Single Family
  • Sq. ft. 2,199
  • Price/Sq.ft. $648
  • Lot 0.92 Acres

Details

General

Association/HOA

  • Association Fee: 1000.0
  • Association Fee Frequency: Annually
  • Association Fee Includes: All Facilities,Security,Trash
  • Association Name: PMI - Metroplex
  • Association: Yes

School Information

  • School District: Palo Pinto ISD
  • Elementary School: Palo Pinto
  • Middle Or Junior School: Palo Pinto
  • High School: Mineral Wells

Building Information

  • Year Built: 2012
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Palo Pinto
  • Postal City: GRAFORD
  • Subdivision Name: Gaines Bend

Community/Development

  • Community Features: Boat Facilities,Community Mailbox,Gated

Tax Information

  • Tax Annual Amount: 11554.0

General Information

  • Disclosures: Deed Restriction
  • Listing Terms: Cash,Conventional
  • Parcel Number: 16521
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 3

General Information

  • Appliances: Dishwasher,Electric Range,Electric Water Heater,Refrigerator
  • Basement: No
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Carpet,Ceramic Tile
  • Foundation Details: Slab
  • Interior Features: Cathedral Ceiling(s),Double Vanity,High Speed Internet,Kitchen Island,Open Floorplan,Pantry,Vaulted Ceiling(s),Walk-In Closet(s)
  • Laundry Features: Washer Hookup,Electric Dryer Hookup,Laundry in Utility Room
  • Levels: One
  • Living Area: 2199.0
  • Security Features: Gated Community
  • Stories: 1
  • Window Features: Window Coverings

Exterior

Parking Information

  • Parking Features: Additional Parking,Concrete,Driveway,No Garage,Boat,RV Access/Parking

Lot Information

  • Lot Features: Irregular Lot,Subdivision,Sloped,Waterfront
  • Lot Size Acres: 0.922
  • Lot Size Area: 0.922
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 40162.32
  • Lot Size Units: Acres
  • Road Surface Type: Asphalt
  • Water Source: Community/Coop

Waterfront/View

  • Water Body Name: Possum Kingdom
  • Waterfront Features: Boat Dock/Slip,Lake Front,Waterfront
  • Waterfront: Yes

Building Exterior/Construction

  • Architectural Style: Ranch,Detached
  • Attached Garage: No
  • Patio And Porch Features: Deck
  • Property Attached: No
  • Roof: Shingle
  • Structure Type: House

General Information

  • Carport: No
  • Exterior Features: Boat Slip,Dock,Outdoor Grill
  • Fencing: None
  • Other Structures: Gazebo
  • Pool Features: None
  • Road Frontage Type: Private Road
  • Sewer: Private Sewer
  • Utilities: Electricity Available,Overhead Utilities,Sewer Available,Separate Meters,Water Available

Room Information

Room: Living Room

  • Level: First
  • Dimensions: 0 x 0
  • Length: 0.0
  • Width: 0.0
  • Features: Ceiling Fan(s)

Room: Primary Bedroom

  • Level: First
  • Dimensions: 0 x 0
  • Length: 0.0
  • Width: 0.0
  • Features: Ceiling Fan(s)

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1002 Cedar Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1002 Cedar Drive Market Data

Based on the last 30 days in this zip code

$1,058,741
Average List Price
$430
Average Price per Square Foot
10
Properties Sold
128
Average Days on Market
152
Properties for Sale
Calculations provided by Reliance Network


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