NOT LISTED FOR SALE

5113 Hells Gate Loop Strawn, TX 76475

Estimated Value: $879,000 - $895,439

0.73 Acre
$1,215,370 Price per Acre
31,799 Sq Ft Lot

Last Sold June 08, 2023

Current estimated payment $5,603/month

62 Days on Market

Highlights

  • Lake Front
  • Interior Lot
  • Wrought Iron Fence
  • Palo Pinto Elementary School Rated A+
  • Agricultural

About This Lot

As of June 2023

Amazing Cliff View lot in Sportsman World subdivision. Incredible lake view and amazing sunsets. Lot is almost .75 of an acre. The almost flat lot is ready to build your dream home to begin making memories with family and friends. Seller does not have renderings available for a 4 bed (with two Primary Bedroom en-suites), 4.5 bath home, open floorplan, almost 3000 square feet, with potential outdoor kitchen area and pool spa. Sportsmans World is known as one of the best subdivisions on the lake. The lot is located close to the marina for easy access to the main boat ramp. Come build your dream home, vacation home or investment property at Possum Kingdom Lake near Hells Gate.

Last Agent to Sell the Property

Christy McNew

Briggs Freeman Sothebys Intl License #0647905 Listed on: 03/21/2023

Last Buyer's Agent

Dewayne Smart

Smart Realty License #0502716

Property Details

Property Type

  • Land

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 100x300
  • Lake Front
  • Property fronts a county road
  • Wrought Iron Fence
  • Pipe Fencing
  • Interior Lot

HOA Fees

  • $67 Monthly HOA Fees

Schools

  • Palo Pinto Elementary And Middle School
  • Mineral Wells High School

Utilities

  • Co-Op Electric
  • Municipal Utilities District for Water and Sewer

Additional Features

  • Lake Views
  • Outside City Limits
  • Agricultural

Community Details

  • Association fees include ground maintenance
  • Sportsman World Poa, Phone Number (940) 779-2150
  • Sportsmans World 03 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 2 / 1
  • Assessor Parcel Number 26116

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Architectural, Building, Deed, No Mobile Home, Other
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Water Body Name: Possum Kingdom
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Crop Retire Program Y N: No
  • Horse Permitted Y N: No
  • Attribution Contact: 817-801-3030
  • Special Features: None

Exterior Features

  • Easements: Utilities
  • Fencing: Pipe, Wrought Iron
  • Soil Type: Rocky/Shale
  • Waterfront: Yes
  • RoadFrontageType: County Road

Utilities

  • Utilities: Asphalt, Co-op Electric, MUD Sewer, MUD Water, Outside City Limits, Other

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee: 800
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Sportsman World POA
  • HOA Management Company: 940-779-2150

Association/Amenities

  • DevelopmentStatus: Other

Schools

  • School District: Palo Pinto ISD
  • Elementary School: Palo Pinto

Lot Info

  • Lot Size: .5 to < 1 Acre
  • Lot Features: Agricultural, Interior Lot, Other, Subdivision, Water/Lake View
  • Lot Size Units: Acres
  • Lot Size Area: 0.7300
  • Lot Size: 100x300
  • Parcel Number: 26116
  • Lot Size Acres: 0.7300
  • Lot Size Sq Ft: 31798.8000
  • Subdivided: No
  • Zoning Description: Residential
  • Possible Use: Single Family
  • Present Use: Unimproved, Other

Building Info

  • SeniorCommunityYN: No

Tax Info

  • TaxBlock: 1
  • Tax Lot: 2

Multi Family

  • WaterfrontFeatures: Lake Front, Lake Front – Main Body

MLS Schools

  • Middle School Name: Palo Pinto
  • Elementary School Name: Palo Pinto
  • High School Name: Mineral Wells

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2025
Sold by
Smart Dewayne and Bishop Lance
Bought by
Create2escape Llc
Current Estimated Value
$887,220

Purchase Details

Closed on
Dec 5, 2024
Sold by
Create2escape Llc
Bought by
Smart Dewayne and Bishop Lance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,218,000
Interest Rate
6.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2023
Sold by
Smart 6 Management Group Llc
Bought by
Create2escape Llc

Purchase Details

Closed on
Jan 20, 2021
Sold by
Balch James A and Balch Sandra A
Bought by
Mcnew Matt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,750
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Create2escape Llc -- None Listed On Document
Create2escape Llc -- None Listed On Document
Smart Dewayne -- None Listed On Document
Smart Dewayne -- None Listed On Document
Create2escape Llc -- None Listed On Document
Mcnew Matt -- Eagle Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smart Dewayne $1,218,000
Previous Owner Mcnew Matt $144,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2023 06/08/23 Sold -- -- --
05/22/2023 05/22/23 Pending -- -- --
04/13/2023 04/13/23 Price Changed $449,900 -10.0% --
03/21/2023 03/21/23 For Sale $499,900 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $34,904 $2,294,860 $585,560 $1,709,300
2024 $11,608 $763,180 $763,180 $0
2023 $6,578 $418,160 $418,160 $0
2022 $3,299 $190,000 $190,000 $0
2021 $3,971 $190,000 $190,000 $0
2020 $5,328 $230,540 $230,540 $0
2019 $4,045 $174,890 $174,890 $0
2018 $3,526 $155,820 $155,820 $0
2017 $4,934 $218,020 $218,020 $0
2016 $4,975 $219,820 $218,020 $1,800
2015 $6,071 $224,420 $222,620 $1,800
2014 $6,071 $272,130 $270,330 $1,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Christy McNew

    Briggs Freeman Sothebys Intl

    (817) 301-6291

    14 Total Sales

    Christy McNew
    Section Image

  • D

    Buyer's Agent in 2023

    Dewayne Smart

    Smart Realty

    (817) 999-3067

    124 Total Sales

    Dewayne Smart
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20284932

North Texas Real Estate Information Systems (NTREIS)

APN: 216340000

Texas Palo Pinto County Strawn 76449

5113 Hells Gate Loop, Strawn, TX

Not Listed for Sale

Lots

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