Brazos River Lake Destination

Apartments in Possum Kingdom Lake, TX

Welcome to Possum Kingdom Lake, a Brazos River reservoir in Palo Pinto County, a North Texas lake destination known for clear water, rugged cliffs, and the landmark Hell's Gate.

Possum Kingdom Lake, popularly known as P.K., is a reservoir on the Brazos River in North Texas, located primarily in Palo Pinto County with its shoreline extending into Stephens, Jack, and Young counties. It sits about 90 miles northwest of Fort Worth and has been a defining feature of the region since the mid-20th century. The lake covers roughly 17,000 acres with more than 300 miles of shoreline, much of it rugged and scenic. The lake owes its existence to the public-works era of the Great Depression. Construction of the Morris Sheppard Dam began in 1936, employing hundreds of workers through the Works Progress Administration, and was completed in 1941. The dam, named for Texas Senator John Morris Sheppard, created the first water-supply reservoir in the Brazos River basin. The lake's name recalls the early 1900s, when possums were said to be plentiful in the area for hunters. Today Possum Kingdom Lake is one of North Texas's premier lake recreation destinations. Boating, waterskiing, fishing, scuba diving, and camping draw visitors and residents, and Possum Kingdom State Park provides campgrounds, hiking trails, and public boat ramps. The lake's most recognized landmark is Hell's Gate, a narrow strait flanked by towering cliffs on the south end, where boaters gather during the summer. The surrounding Palo Pinto hills add a scenic backdrop uncommon for a Texas reservoir. The lake area is a mix of full-time residents, second-home owners, and vacation visitors. Nearby towns anchor daily life: Graham, to the north, and Mineral Wells, to the east, are each about a 45-minute drive and provide shopping, schools, and services. The lake area is served by several small school districts, including Graford ISD and Graham ISD, reflecting its multi-county geography. For households, Possum Kingdom Lake offers a lake-centered lifestyle with strong recreation and scenic character, within about two hours of the Dallas-Fort Worth Metroplex. It suits those seeking a waterfront home, a weekend retreat, or a quieter, outdoors-oriented community in the rolling country of North Texas.

Sapphire Realty
Sapphire Realty Real Estate Professionals

Get more information about Possum Kingdom Lake

Listings 167
Population 2,157
County Palo Pinto, Stephens, Jack, Young counties

MARKET SNAPSHOT

The Market at a Glance

How homes have been selling here over the last 90 days.

home_work New This Week 1
Went Under Contract 0
trending_down Price Reductions 0
payments Median Sale Price $657,500 -8.0%
square_foot Price per Sq Ft $446
schedule Avg Days on Market 137
sell Homes Sold 24
percent Sale-to-List Ratio 100.0%
inventory_2 Months of Inventory 9.4

Price & Sales History

Market data reflects closed sales over the last 90 days and is provided for informational purposes.

  • Map
  • List