




$562,000
NAL Estimated Property Value424 Hoot Ave, Possum Kingdom Lake, TX, 76449
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Rare find!! Totally remodeled main home and new, modern guest house on a huge, gated, lake view lot is now available! This one story lake retreat is turn key, so pack a bag, you're coming to the lake! Located just a short walk to the water's edge by a greenbelt that will not be built on to ensure this beautiful view remains the same really adds to the experience. This unique property has a proven record through short term rentals, so come enjoy everything Possum Kingdom Lake has to offer while it pays for itself when you're not using it! Guest house was completed in 2024 with fine finishes and a sleek, modern feel that will become your favorite place to unwind. Oversized garage for your lake toys is a big plus! Huge yard for your friends and family to unplug and enjoy with one of the oldest Live Oaks around! Fire pit is so relaxing under the stars after a fun day on the water. Excellent location close to live entertainment, restaurants, boat ramps, Rocker B Ranch, The Cliffs Golf Course, shopping and more! The charming town of Graham is only 20 minutes away, where you'll find one of a kind shops on the largest downtown square in the USA! Possum Kingdom Lake is not only home to crystal blue, deep waters, but also stunning rock cliffs, including the iconic Hell's gate where boaters gather to enjoy all the fun PK has to offer. You've never seen a fireworks display like the one at Hell's Gate during the 4th of July celebration, it's spectacular!
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Possum Kingdom Lake
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