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$1,350,000

4971 Hawk Road Lot 23A, Possum Kingdom Lake, TX, 76450

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Unmatched views, unbeatable location—this .83-acre prime waterfront lot on Possum Kingdom Lake is perched high with a sweeping panorama from Broadway Bend to the west shore, directly facing the prestigious Peninsula. Cleared, level, and fully equipped with water and electric, it’s ready for your dream lake retreat. The brand-new, dual-level deep-water dock includes 2 boat slips with lifts and 2 jet ski EZ Ports—so you can jump straight into lake life while your home is being built. Next door, a stunning 6,830 sq ft barndo on Lot 23B is also available, creating the perfect setup for a boat barn, workshop, or expanded guest space. A fully finished, climate-controlled structure with power and water sits at the back of the lot—ideal for a pet retreat, office, or hobby room. Just around the bend is Breakers Marina for gas, ramp access, and supplies, plus westside eateries you can cruise to by boat or car. Only 15 minutes from Graham for shopping and essentials, and just across the water lies the Peninsula with dining options and easy routes to Hell’s Gate by boat. This is more than just a lot—it’s your gateway to the ultimate PK experience, with jaw-dropping views and every advantage already in place.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,100 /month
Positive
Cash Flow Estimate:
$2,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

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.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Possum Kingdom Lake

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4971 Hawk Road Lot 23A | Property Details | No Agent List