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Brazos River Lake Destination

Rentals 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.

Population 2,157
County Palo Pinto, Stephens, Jack, Young counties
Active Listings 172
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Frequently Asked Questions

What county is Possum Kingdom Lake in?

Possum Kingdom Lake lies primarily in Palo Pinto County, Texas, with its shoreline extending into Stephens, Jack, and Young counties. It sits on the Brazos River about 90 miles northwest of Fort Worth in North Texas.

How was Possum Kingdom Lake formed?

Possum Kingdom Lake was formed by the Morris Sheppard Dam, completed in 1941 as a Works Progress Administration project. It was the first water-supply reservoir built in the Brazos River basin and now covers about 17,000 acres with more than 300 miles of shoreline.

What school districts serve the Possum Kingdom Lake area?

The lake is served by several small school districts around its shoreline, including Graford ISD on the east side and Graham ISD to the north, along with other districts such as Palo Pinto, Santo, and Jacksboro serving nearby communities.

What recreation is available at Possum Kingdom Lake?

Possum Kingdom Lake offers boating, waterskiing, fishing, scuba diving, and camping, along with Possum Kingdom State Park for campgrounds, trails, and boat ramps. The landmark Hell's Gate, a narrow strait between towering cliffs, is a popular gathering spot for boaters.

How far is Possum Kingdom Lake from nearby towns?

Graham, to the north via Highway 16, and Mineral Wells, to the east via Highway 180, are each about a 45-minute drive from the lake. Fort Worth is roughly 90 miles away, and Dallas-Fort Worth International Airport is about two hours by car.

MARKET SNAPSHOT

The Market at a Glance

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

home_work New This Week 5
Went Under Contract 0
trending_down Price Reductions 0
payments Median Sale Price $620,000 -38.0%
square_foot Price per Sq Ft $397
schedule Avg Days on Market 206
sell Homes Sold 25
percent Sale-to-List Ratio 100.0%
inventory_2 Months of Inventory 8.9

Price & Sales History

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

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Zip Codes

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0000013 homes for saleMedian sale$370KPer sq ft$199 sales in the last 90 days
123451 home for saleMedian sale$370KPer sq ft$19
171031 home for saleMedian sale$149KPer sq ft$9526 sales in the last 90 days
710033 homes for saleMedian sale$129.9KPer sq ft$651 sale in the last 90 days
710045 homes for saleMedian sale$293.5KPer sq ft$1041 sale in the last 90 days
71006198 homes for saleMedian sale$371.7KPer sq ft$16952 sales in the last 90 days
710074 homes for saleMedian sale$386KPer sq ft$1861 sale in the last 90 days
710164 homes for saleMedian sale$361KPer sq ft$1501 sale in the last 90 days
710187 homes for saleMedian sale$15KPer sq ft$141 sale in the last 90 days
7101913 homes for saleMedian sale$120KPer sq ft$1367 sales in the last 90 days
7102317 homes for saleMedian sale$90KPer sq ft$633 sales in the last 90 days
710241 home for saleMedian sale$100KPer sq ft$871 sale in the last 90 days
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