Possum Kingdom Lake Homes under $250,000

Possum Kingdom Lake Homes under $250,000

Welcome to Possum Kingdom Lake, a hidden gem nestled in the heart of Texas! Located in Palo Pinto County, this stunning destination is renowned for its crystal-clear waters, picturesque landscapes, and an abundance of outdoor activities. Whether you’re a water sports enthusiast or someone who simply enjoys the tranquility of nature, Possum Kingdom Lake offers a perfect blend of adventure and relaxation.

One of the most appealing aspects of this charming community is the affordability of housing. Homes under $250,000 are available, making it an attractive option for first-time buyers, retirees, or anyone looking to invest in a serene lakeside lifestyle. Imagine waking up to breathtaking views of the lake, enjoying your morning coffee on a spacious deck, or hosting family gatherings by the water—all without breaking the bank.

Possum Kingdom Lake is more than just a beautiful backdrop; it’s a vibrant community filled with friendly neighbors and a variety of amenities. Enjoy fishing, boating, and swimming during the sunny months, or take advantage of the scenic hiking trails and wildlife watching opportunities year-round. The local culture is rich, with seasonal events and festivals that bring residents together, fostering a strong sense of community.

Whether you’re seeking a weekend retreat or a permanent residence, Possum Kingdom Lake offers an idyllic lifestyle at an unbeatable value. Explore the available homes under $250,000 and take the first step toward your dream of lakeside living in this enchanting Texan paradise!

Newest Possum Kingdom Lake Homes under $250,000

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
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
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
2334 Sanbar Road Unit 46, Possum Kingdom Lake
$33,000
3 Beds ⋅ 2 Baths ⋅ 21295637 MLS
BARGAIN PRICED LAKE PLACE! Ask about possible owner financing!Sellers change of plans is Buyers bonus! This comfortable lake home is located just across from the Golden Cove shoreline, close enough to hear the water splash from the fully covered deck that spans the length of the house. The basics are here, along with some improvements - recently leveled, metal roof, nearly new exterior paint, pex water lines throughout, great AC unit. In addition to a home, a purchase in the Golden Cove community puts you right at the end of the Possum Kingdom Lake Peninsula with a deep water community boat ramp & dock so you can get to all the lake attractions quickly. Plus, it comes with a built-in Lake Family! Leased land.

2334 Sanbar Road Unit 46, Possum Kingdom Lake
2334 Sanbar Road Unit 22, Possum Kingdom Lake
$170,000
3 Beds ⋅ 2 Baths ⋅ 21267322 MLS
Nestled in an ideal lakefront location overlooking the peaceful cove, this beautiful property offers the perfect blend of relaxation and community living. Enjoy stunning water views from the spacious covered porch, the perfect spot for morning coffee, evening sunsets, or entertaining guests year round. With a setting that captures both privacy and natural beauty, this home is located in a highly desirable community known for its welcoming atmosphere and exceptional surroundings. Whether you’re seeking a full time residence or a weekend retreat, this property delivers the best of lakeside living. Leasehold land, price TBD. Home is sold furnished, less personal items.

2334 Sanbar Road Unit 22, Possum Kingdom Lake
641 Sky Camp Loop, Unit 2, Possum Kingdom Lake
$39,000
2 Beds ⋅ 1 Baths ⋅ 21214969 MLS
Attention Retro Lovers! MOTIVATED SELLER is ready to see offers on this adorable Vintage 2 bedroom 1 bath lake place! Situated just a few steps from the water's edge, with amazing views and peaceful surroundings, this could be YOUR Possum Kingdom Lake retreat! Fully furnished (some decor excluded) and ready to use ~ bring your toothbrush, a cozy blanket, your swimsuit and prepare to enjoy and relax; there's even a fenced area for your furry friends! Listing is for improvements with leasehold rights: Sky Camp lease of $7500 per year includes trash, maintenance of common areas, and access to the community boat ramp, fish cleaning station, and courtesy dock for day use. Summer will be back before you know it and you will have an ideal spot for baby splashers and young swimmers, shoreline fishing, paddle boats, kayaking, or canoeing; not far off the channel so it's also close to deeper water when you want to explore all of the beauty Possum Kingdom Lake has to offer. Located near convenience stores, dining, gift shop, and churches. Leave the daily grind behind and come enjoy the PK Lake Life!

641 Sky Camp Loop, Unit 2, Possum Kingdom Lake
4705 Fox Hollow, Unit 18, Possum Kingdom Lake
$32,000
3 Beds ⋅ 1 Baths ⋅ 21218052 MLS
Adorable, move-in-ready lake retreat in the popular Fox Hollow Resort on the west side of Possum Kingdom Lake! Offered mostly furnished, this inviting home features an open-concept layout, three bedrooms, and a covered patio perfect for relaxing or entertaining after a day on the water. Enjoy easy lake access with the community boat ramp and courtesy slips—ideal for quick trips to Hell’s Gate or cruising the scenic shoreline. Conveniently located near The Hungry Fox Restaurant and Foxy’s Cantina, you’ll love having great dining and live entertainment just moments away. Whether you’re hosting friends or seeking a peaceful getaway, this charming lake home offers the best of both worlds. Fox Hollow is a leasehold community with an annual lease fee of $7,800 (2026). Landowner pays property taxes on the land; homeowner is responsible for taxes on improvements. Don’t miss your chance to experience the PK Lake lifestyle!

4705 Fox Hollow, Unit 18, Possum Kingdom Lake
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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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