Possum Kingdom Lake Homes under $400,000

Possum Kingdom Lake Homes under $400,000

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 landscapes, crystal-clear waters, and a vibrant community that beckons both adventure seekers and those looking for a serene retreat. With its striking limestone cliffs and lush greenery, Possum Kingdom Lake offers a perfect backdrop for a variety of outdoor activities, from boating and fishing to hiking and camping.

For those considering making this enchanting area their home, you’ll be delighted to know that Possum Kingdom Lake boasts a selection of charming homes available for under $400,000. Whether you’re searching for a cozy lakeside cottage, a spacious family home, or a modern retreat, there’s something here to suit every taste and budget. These affordable options provide an excellent opportunity for first-time buyers, retirees, or anyone looking to invest in a slice of paradise.

Living in Possum Kingdom Lake means embracing a lifestyle filled with natural beauty and community spirit. Imagine waking up to breathtaking views, enjoying sunsets over the water, and having access to a plethora of recreational activities right at your doorstep. With friendly neighbors and a welcoming atmosphere, you'll feel right at home in this vibrant community.

Don’t miss the chance to explore the homes available in this idyllic location. Discover the possibilities at Possum Kingdom Lake, where your dream home awaits!

Newest Possum Kingdom Lake Homes under $400,000

101 Hide Away Dr Unit 7, Possum Kingdom Lake
$240,000
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
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
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
3500 Hog Bnd Unit 121, Possum Kingdom Lake
$345,000
2 Beds ⋅ 1 Baths ⋅ 21257713 MLS
Experience Possum Kingdom Lake the way it’s meant to be lived - wide open water, deep views, and true main channel frontage. This exceptional BOAT ACCESS ONLY 1-acre lakefront property offers nearly 400 feet of shoreline on the coveted main body of PK Lake, delivering some of the most dynamic water and long-range views available. Positioned on a POINT for a resounding presence on the lake, this is a rare opportunity to own substantial frontage in a secluded location where a clear rocky lakebed meets natural Texas beauty. A boat dock is currently being installed, creating immediate access to endless days on the lake - whether you’re boating, fishing, swimming, or simply taking in the energy of passing lake traffic and big water views. The shoreline and setting are ideal for maximizing the full PK Lake lifestyle with deep water access and room to enjoy and expand. The existing 2-story cabin is unfinished inside, offering a blank canvas ready for your vision. Whether you envision a modern lake retreat or a rustic getaway, the structure provides the foundation to create a custom lakefront escape tailored exactly to your taste and needs. With its rare combination of acreage, extensive shoreline, upper and lower decks, main channel location, and development potential, this property stands out as a unique opportunity on Possum Kingdom Lake. A true chance to design and finish your own legacy lake cabin in one of Texas’ most iconic waterfront destinations.

3500 Hog Bnd Unit 121, 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
303 Eagle Pt, Possum Kingdom Lake
$379,000
2 Beds ⋅ 2 Baths ⋅ 21249944 MLS
Turnkey lake living awaits in this beautifully furnished 2 bedroom, 2 bath ground floor end unit at The Cliffs Resort on Possum Kingdom Lake. Offering a rare combination of convenience and privacy, this single level condo is perfect for a lock-and-leave lifestyle. Enjoy the added bonus of being able to catch the iconic Hells Gate 4th of July fireworks right from your own retreat. The end-unit location provides a more spacious feel, while the ground-floor access makes coming and going effortless. A private gate from the back porch and side door offers direct access to a side grassy lawn, ideal for relaxing, pets, or outdoor enjoyment. Residents of The Cliffs Resort enjoy an unmatched amenity access including 36 rounds of golf annually, 24-7 gated security, multiple swimming pools, a private beach, marina, on-site restaurant, tennis courts, fitness center, and hotel accommodations for guests. Whether you're looking for a weekend escape or a low-maintenance full-time residence, this condo delivers the ultimate resort-style experience on PK Lake.

303 Eagle Pt, 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
114 Mulberry, Possum Kingdom Lake
$340,000
3 Beds ⋅ 2 Baths ⋅ 21194403 MLS
This darling home delivers the lake lifestyle buyers are chasing. This impeccably maintained 3 bedroom, 2 bathroom lake cottage blends charm, smart design, and proven short term rental appeal. Ideal as a personal retreat, full time residence, or turnkey investment opportunity. The showpiece is the covered outdoor kitchen and entertainment area featuring a built-in grill and fireplace. Designed for hosting, relaxing, and maximizing guest experience this space sets the property apart. The detached garage provides valuable storage for lake toys, golf cart, or owner lockout space. Located just minutes from the water, boat launches, and all Possum Kingdom amenities, the convenience factor is strong while still offering a peaceful setting. Strong short term rental performance combined with meticulous care makes this property stand out in today's inventory. Schedule your showing now before someone else claims your place at the lake.

114 Mulberry, 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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