Unrestricted Lot on the Peninsula at Possum Kingdom Lake – Ready to Build! Here’s your chance to own .507 acres of prime, unrestricted land on the highly desirable Peninsula at PK Lake! This property has already been cleared and prepped, with septic, WATER METER and power in place—ready for you to build your dream lake house, cabin, or short-term rental investment. RV hookup currently on property as well. Enjoy the freedom of no HOA and easy access to everything PK has to offer. Located just minutes from public boat ramps, lakeside restaurants, and the local grocery store, this lot is perfectly positioned for lake living or generating rental income.