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$3,499,000
4 Beds 6 Baths 21287302 MLS
A Once-in-a-Lifetime Waterfront Estate on Possum Kingdom Lake Perched high above the iconic Hell's Gate channel in Sportsman's World, this extraordinary fully furnished waterfront estate offers breathtaking panoramic lake views from virtually every room. Beyond its luxury appeal, this property is an exceptional investment opportunity, generating just under $300,000 in gross short-term rental income last year, making it one of the top-performing vacation rentals on Possum Kingdom Lake. Designed for unforgettable gatherings, the home features two luxurious primary suites, expansive living spaces, a game room, and walls of glass showcasing stunning water views. Step outside to a resort-style outdoor oasis highlighted by two swimming pools. Relax in the elevated infinity-edge pool overlooking the lake or enjoy endless fun in the lower pool complete with a dramatic waterslide. For ultimate relaxation, retreat to the impressive 12x9 sauna and Himalayan salt cave featuring over $30,000 in imported Pakistan salt walls, creating a private spa experience rarely found in residential properties. The expansive rooftop observation deck offers one of the most spectacular vantage points on the lake, perfect for taking in breathtaking sunsets, watching the famous Hell's Gate fireworks, and enjoying panoramic views that stretch for miles. Multiple outdoor living areas and firepit gathering spaces make entertaining effortless. Located within the highly sought-after Sportsman's World community, owners enjoy access to a marina, community pool, tennis courts, pavilion, playground, and general store and grill. Whether you're seeking a luxury lakefront retreat, a premier investment property, or both, this remarkable estate delivers an unmatched Possum Kingdom Lake lifestyle with world-class amenities, incredible income potential, and views that simply cannot be replicated.

7077 W Hells Gate Dr, Strawn

$2,395,000
5 Beds 5 Baths 21189532 MLS
Ranch Water PK lakeside retreat offering five bedrooms and four and a half baths designed for relaxing weekends and unforgettable gatherings in Sportsman's World. Set on a spacious lot with room to roam this home blends modern comfort with easy lake living. The open concept layout features soaring ceilings natural light and a warm inviting living area centered around a statement fireplace. The kitchen is built for hosting with a large island generous storage and seamless flow into the dining and living spaces. The primary suite offers a peaceful escape with spa style bath and serene views. Guest rooms are thoughtfully placed to provide privacy while a custom bunk room creates the perfect setup for kids and visitors. Every space is designed for comfort whether you are entertaining a crowd or enjoying a quiet lake weekend. Step outside to your private backyard retreat complete with a sparkling pool with option to heat and a hot tub ready for evenings under the stars. Covered patio space makes outdoor dining and lounging easy year round. The oversized yard offers room for games pets and gatherings. A dedicated game garage adds even more fun with space to hang out after a full day on the water. Enjoy direct water access ideal for kayaking fishing and exploring the shoreline. Located in the highly sought after Sportsman's World community where amenities include a full service marina boat ramp community pool tennis courts pavilion playground and horse facilities. Whether you are searching for a full time residence weekend getaway or investment opportunity this property delivers the ultimate Possum Kingdom lake lifestyle.

1100 Creekview Cv, Strawn

$799,000
3 Beds 3 Baths 21156277 MLS
Tucked away on 11 beautiful acres in the Sportsman's World community at Possum Kingdom Lake this log cabin offers the perfect mix of privacy comfort and lake life. The setting feels peaceful and wide open with mature trees natural landscaping and plenty of room to roam yet you are still close to all the amenities that make PK such a special place. The cabin features three comfortable bedrooms with a warm inviting layout that fits the log cabin vibe perfectly. Inside you will find an open living space that flows easily into the kitchen making it great for everyday living or hosting friends and family. Recent updates add both function and style including a remodeled pool that is ready for summer days an added back patio for relaxing or entertaining and extensive landscaping with over sixty tons of rock placed around the perimeter giving the property a polished low maintenance look. A separate 25x20 entertainment barn adds a fun and flexible bonus space and has been foam insulated for year round use. This space is ideal for game nights watching sports hosting gatherings or creating your own private hangout away from the main house. A two car detached carport with additional storage provides plenty of room for vehicles lake toys and equipment. An owner closet with custom cabinets was added making storage easy and organized. Outdoor living is a big highlight here with multiple spots to enjoy the views fresh air and Texas sunsets. Whether you are lounging by the pool hosting friends on the patio or enjoying the quiet of the acreage this property delivers. Sportsman's World amenities include a marina tennis courts pavilion general store community pool and horse facilities adding even more value and fun to the lifestyle. This is a great option for a full time residence weekend retreat or investment property at Possum Kingdom Lake where space privacy and amenities come together in one special setting.

186 W Hells Gate Dr, Strawn

$3,499,000
6 Beds 8 Baths 21129905 MLS
Incredible lakefront retreat with front row panoramic views of iconic Hells Gate and a brand new pool added in 2025 that takes the outdoor experience to the next level. This waterfront property also offers a rare opportunity to transfer a 16x40 boat slip at Bluff Creek Marina making lake days easy and convenient. Designed for both comfort and entertaining this home features two spacious primary suites on the main level along with a stunning kitchen and a massive family room all positioned to capture beautiful lake views. Each of the six bedrooms includes its own private en suite bathroom offering space and privacy for family and guests alike. The lower level is built for fun with a large game room a huge wet bar and a balcony overlooking the water. A private guest suite with its own bathroom sits above the garage making it perfect for visitors or additional rental flexibility. Step outside to enjoy the outdoor kitchen and fireplace ideal for cool evenings and long conversations after sunset. The newly added pool creates a resort style backyard where you can relax swim and take in the scenery. This home is being sold fully furnished and is currently operating as a successful short-term rental making it an excellent investment opportunity or turnkey lake getaway. Located in Sportsman's World residents enjoy access to a marina live outdoor music venue general store and grill tennis courts community pool covered pavilion and playground. Whether you are looking for a personal retreat an income producing property or both this home delivers. Settle in and start planning your Fourth of July celebrations with what may be the best fireworks view on the lake.

7105 W Hells Gate Dr, Strawn

$175,000
21045158 MLS
Build your dream retreat at Possum Kingdom Lake on this spacious vacant lot that offers both tranquility and opportunity. Nestled in a desirable community of Sportsmans World, this property provides a peaceful setting surrounded by natural beauty and mature landscape. From the property you can enjoy a partial view of the lake, offering a glimpse of the sparkling water that makes this area so special. Whether you are looking to design a full time residence or a weekend getaway, this lot gives you the flexibility to create a home that matches your vision. Additionally, this could possibly be used as a short term rental. With utilities available nearby and plenty of space to work with, the possibilities are endless. The location provides convenient access to lake activities including boating, fishing, swimming, and paddle boarding, while nearby amenities such as dining, marinas, and scenic trails make lake life easy and enjoyable. This is also a great option for buyers who want to take advantage of the investment potential at Possum Kingdom, where demand for lake properties continues to grow. Buy this lot alone or buy all three for even more possibilities! Bring your builder and imagine a place where mornings start with quiet coffee on your porch and evenings end with unforgettable sunsets reflecting off the water. This lot gives you the chance to create not just a home but a lifestyle.

1008 Bluff Creek Dr, Strawn

$175,000
21044268 MLS
This just under one acre lot at Possum Kingdom Lake gives you one of the most iconic views around with a perfect angle looking straight at the back of Hells Gate. Not only do you get the views but you also have direct access to the waterline, making it easy to enjoy all the lake has to offer. The property is located in a gated community with top notch amenities that add to the lake life experience. You can cool off at the community pool, launch from the marina, or saddle up at the horse facilities. Tennis courts and a general store are right inside the neighborhood along with a pavilion for gatherings. Whether you are looking to build a weekend retreat, a short term rental or a full time lake home, this property is a rare find with views, water access, and a community built for relaxation and recreation.

7084 Hells Gate Loop, Strawn

$475,000
21045188 MLS
Three side by side lots at Possum Kingdom Lake with water views are now available offering a rare opportunity for a builder investor or anyone wanting a little extra elbow room at the lake. Ideally these lots will be purchased together giving the buyer the ability to create a private retreat or a collection of homes that take full advantage of the lake lifestyle. Positioned close to the water and community amenities these lots provide flexibility to design around view corridors and outdoor living while still allowing privacy for each home. The advantage of acquiring all three at once is simple peace of mind that your views and layouts will not be impacted by someone else’s construction. Whether you envision one estate style home with extra land a pair of homes for family and friends or three custom builds to market as lake getaways or short term rentals these lots are a blank canvas. The front lots enjoy closer proximity to the water while the back lot offers space for an additional home guest retreat or even room to expand outdoor amenities. Community Perks: Marina, outdoor live music venue, general store and grill, tennis courts, community pool, covered pavilion, and playground Buy one or buy them all but the real value lies in keeping them together. This is an ideal setup for a builder who wants to showcase multiple designs or an investor who wants to control the look and feel of the buildout. Possum Kingdom Lake is known for its scenic beauty and active community and opportunities like this do not come around often. These lots have water and sewage at the road.

1012 Bluff Creek Dr, Strawn

$189,000
2 Beds 2 Baths 20858476 MLS
Don’t miss this incredible opportunity to own your own piece of paradise! This charming 2-bedroom, 2-bathroom condo is the perfect blend of comfort and convenience, offering everything you need for a relaxing lakeside escape. Step inside to find an inviting open-concept kitchen and dining area, ideal for hosting family and friends. The cozy fireplace in the living room creates a warm ambiance, perfect for unwinding after a day on the lake. Natural light pours in through large windows, giving the space an airy and welcoming feel. Take in the serene pool views from your private balcony, just steps away from the sparkling water. Watch the kids play, enjoy a morning coffee, or wind down with an evening drink while soaking up the peaceful atmosphere. For boating enthusiasts, the award-winning Bluff Creek Marina is just a short walk or ATV ride down the hill, making lake adventures effortless. Whether you're heading out for a day of fishing, water sports, or a leisurely cruise, you'll love the easy access to Possum Kingdom Lake. This turnkey property includes furnishings and appliances—just bring your bags and start enjoying the lake life!

3069 Hells Gate Loop, Unit 26, Strawn

$395,000
2 Beds 3 Baths 20858472 MLS
NEWLY REMODELED, COVERED ATV PARKING. Million dollar views! Next door to FULL SERVICE MARINA. Full remodel, tags still on the furniture. See the lake from every corner of this unit. Experience lakefront living in this charming townhome! The upstairs master suite offers privacy and comfort with incredible lake views. Open-concept living room with big views, kitchen, and dining areas flow seamlessly, complemented by a half bath downstairs for guests. Tons of sleeping in the guest room with full bathroom upstairs. Step out onto the lower deck to grill out and take in the breathtaking lake views. Enjoy the privacy of the upper master deck. Sportsman's World has top-notch amenities, including two pools, three tennis courts, two playgrounds, and even an airstrip. With ample parking and a private covered carport.

3107 Hells Gate Loop Unit B62, Strawn

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.

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