That sounds like an overly complicated setup with far more pumps than it should need. Or else you said pump when you meant tank in two places, actually, re-reading it.
In short, you can have as many pressure tanks as you like. Locating them closer to the point of use (the house) would be helpful, to a limited extent. That limited extent is the "effective volume" of the pressure tank at the house - while it's got pressure, you get better pressure at the house. As soon as it runs out of water and you become dependent on the pump, the pressure loss of the 300 feet of 1" PVC to the house comes into play, until you slow down your water use to the point where the pressure tank at the house fills up again.
If you do not change the setpoint pressure, the peak water pressure in the house will not be affected at all. Once the pressure tank at the house is depleted, the pressure will be the same as it is now. If you have a pressure gauge at the house now (or can add one) it might be useful to know the pressure at the house when "loads of interest" (showers, say) are drawing water.
Most pump controls can be altered to have a higher setpoint pressure, and most well pumps will provide that, within reason. General recommendations are to stay below 80 PSI - but if you are now running your pump on at 20 off at 40 (a typical default) you could turn it up to on at 30 off at 50, or on at 40 off at 60 - you will need to adjust your pressure tank (and any you may choose to add) for the higher pressure, particularly if they are bladder-type tanks - with the system drained, a bladder tank should typically be 2 PSI less than the low water pressure setpoint (ie, 18, 28, or 38 for the three ranges I've just given) and you may need additional pressure tank volume (because the effective volume of water a pressure tank can hold goes down as the system pressure goes up.) So, you can probably get more pressure without another pump, and possibly without another tank, but we'd need more details of what your system is doing now to know that for certain.
Unless your water use is extreme, 300 feet of 1" PVC pipe should not have a lot of effect on the pressure - at 5 gallons per minute, about 2.2 PSI - at 10GPM, 8.2PSI, 15 GPM, 17.4 psi
Best Answer
With proper valve and control setup, you can set it at whatever height you like. Level control in each tank would be independent of the other tank.
There are multiple ways to do this. One would be to have the float switch on the 500 gallon tank, and a float valve (fed from the 500 gallon tank) on the 300 gallon tank, as well as a check valve on the output of the 300 gallon tank to the pressure pump before it joined the output of the 500 gallon tank to the pressure pump.
If it's just open pipes, sharing one float valve in one tank, you can't.
Of course, if the 500 gallon tank was larger diameter but the same height, that could work - you have not given specifics about those details.
If you want to elevate the 300 gallon tank, you'd move the pressure pump input to the bottom of the 500 gallon tank, so that water from the 300 would flow into the 500, with the tops of both tanks at the same level.