No POA/HOA because its not considered a residential lot unless you want to build your own personal home. You may have an opportunity to replat and rezone to build a restaurant, hotel, or cabins to rent. With an amazing view of Ramsey Cove just off Hwy16, this 1.82 acres along with 2.5 acres of BRA surface rights, will provide the most unique lake view for your future project. At the peak of the property, the view of the Cove will be assured of an unspoiled, continuing view from future boat docks (not allowed) or any construction from the lake up to the 100 foot BRA line. Just to the south of the peak, a wooded area natural stream during rains spreads out over a stone country road before it enters the lake. Currently low taxes!. This is a must see and will not last long!
Take Hwy 16 past Gate 4 heading south. After the dip in the road over the water, lot is up the hill on the right, Sign will be by the black fencing.
Other waterfront properties around Possum Kingdom Lake are going between $150,000 to $200,000 for half an acre on the water. Here you get 2 acres plus you are given surface rights for 2.5 acres, a total of 4.5 acres on the water. No where else on the lake will you find this treasure. Owner (Johnny) will finance no qualifying with 0% down or pay cash for less.