NOT LISTED FOR SALE

7013 Hells Gate Loop Strawn, TX 76475

Estimated Value: $1,831,000 - $2,211,000

5 Beds
6 Baths
4,277 Sq Ft
$476/Sq Ft Est. Value

Last Sold October 30, 2020

Current estimated payment $12,895/month

45 Days on Market

Highlights

  • Airport or Runway
  • Marina
  • Horse Facilities
  • Palo Pinto Elementary School Rated A+
  • Lake Front
  • Boat Ramp

About This Home

As of October 2020

One of Hell's Gates Finest Homes. Beach front location facing east. Hot summer sun will be behind you in the evenings so you can enjoy your waterfront shade. 4 Bedrooms w-bathrooms, large bunkroom w-juliette balcony overlooking the living area below to bark out your orders of the day. Large master suite w-fireplace and the perfect lake view. Huge Game Room, workout room, lots of storage, 4 full bathrooms, 2 half bathrooms. Covered outdoor kitchen, fenced in lakeside patio for kids or animals. The perfect gentle sloping beachfront for the grandparents or the grandkids. Property is Gated and secure. Plenty of room for any extended family. This home happens to be one of my personal favorite homes on the lake.

Last Agent to Sell the Property

Michael Powell

Mike Powell Real Estate License #0421507 Listed on: 08/04/2020

Last Buyer's Agent

Michael Powell

Mike Powell Real Estate License #0421507 Listed on: 08/04/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,803

Year Built

  • Built in 2002

Lot Details

  • 0.59 Acre Lot
  • Lake Front
  • Wrought Iron Fence
  • Few Trees

HOA Fees

  • $64 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Lake House
  • Slab Foundation
  • Metal Roof
  • Stone Siding

Interior Spaces

  • 4,277 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Stone Flooring
  • Lake Views
  • Home Security System

Kitchen

  • Plumbed For Gas In Kitchen
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Municipal Utilities District for Water and Sewer

Additional Features

  • Boat Ramp
  • Outside City Limits

Listing and Financial Details

  • Property is used as a vacation rental
  • Legal Lot and Block 29 / 1
  • Assessor Parcel Number 25989
  • $22,944 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities, management fees
  • Sw Rec Association, Phone Number (940) 779-3056
  • Sportsmans World Subdivision
  • Mandatory home owners association

Recreation

  • Marina
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Horse Facilities

Additional Features

  • Airport or Runway
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,803

Year Built

Built in 2002

Lot Details

0

HOA Fees

$64 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Lake House, Resort Property, Vacation Home
  • Unit Levels: Two
  • Restrictions: Architectural, Building, Deed
  • Security: Security System
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: Yes
  • Water Body Name: Possum Kingdom
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Lake Pump Y N: No
  • Ratio Current Price By Building: 374.09399
  • Special Features: None
  • Year Built: 2002

Interior Features

  • Square Footage: 4277.00
  • Fireplace Features: Insert
  • Interior Amenities: Vaulted Ceiling(s)
  • Flooring: Stone
  • Appliances: Built-in Refrigerator, Dishwasher, Disposal, Gas Cooktop, Gas Range, Ice Maker, Microwave, Plumbed For Gas in Kitchen, Plumbed for Ice Maker, Trash Compactor, Warming Drawer
  • Fireplaces: 2
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 2
  • Room Count: 3

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Easements: Utilities
  • Pool: No
  • Foundation: Slab
  • Community Features: Boat Ramp, Community Pool, Gated, Horse Facilities, Marina, Playground, Airport/Runway, Tennis Court(s)
  • Fencing: Wrought Iron
  • Roof: Metal
  • Soil Type: Rocky/Shale
  • Construction Materials: Rock/Stone
  • Platted Waterfront Boundary: 149
  • Waterfront: Yes

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 3
  • Total Covered Spaces: 3
  • Parking Features: Garage Door Opener, Garage, Garage Faces Front
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • Utilities: All Weather Road, MUD Sewer, MUD Water, Outside City Limits

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Management Fees
  • Association Fee: 770
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: SW Rec Association
  • HOA Management Company: 940-779-3056

Schools

  • School District: Palo Pinto ISD
  • Elementary School: Palo Pinto
  • Middle School: Palo Pinto
  • High School: Mineral Wells
  • School District: Palo Pinto ISD
  • Elementary School: Palo Pinto
  • High School: Mineral Wells

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: .5 to < 1 Acre
  • Lot Features: Few Trees, Subdivision, Water/Lake View
  • Lot Size Units: Acres
  • Lot Size Area: 0.5870
  • Parcel Number: 25989
  • Lot Size Acres: 0.5870
  • Lot Size Sq Ft: 25569.7200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2002

Tax Info

  • Unexempt Taxes: 22944
  • TaxBlock: 1
  • Tax Lot: 29

Multi Family

  • WaterfrontFeatures: Lake Front

MLS Schools

  • MiddleOrJuniorSchool: Palo Pinto
  • 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

Listed on
Aug 4, 2020
Closed on
Oct 30, 2020
Sold by
Niewoehner Lewis L and Niewoehner Kathy
Bought by
Willis Family Lake Property Llc
Seller's Agent
Michael Powell
Mike Powell Real Estate
Buyer's Agent
Michael Powell
Mike Powell Real Estate
List Price
$1,675,000
Current Estimated Value
$2,036,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$1,200,000
Outstanding Balance
$897,303
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,187,235

Purchase Details

Closed on
Oct 26, 2006
Sold by
Niewoehner Lewis L
Bought by
Harper Howard D and Harper Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,100
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Willis Family Lake Property Llc -- None Available
Harper Howard D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willis Family Lake Property Llc $1,200,000
Previous Owner Harper Howard D $549,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold -- -- --
09/18/2020 09/18/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $1,675,000 -- $392 / Sq Ft
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
2024 $20,803 $1,367,780 $614,090 $753,690
2023 $21,516 $1,367,780 $614,090 $753,690
2022 $25,311 $1,457,650 $216,210 $1,241,440
2021 $25,007 $1,196,590 $216,210 $980,380
2020 $26,946 $1,165,890 $185,510 $980,380
2019 $25,115 $1,085,770 $140,730 $945,040
2018 $24,225 $1,070,420 $125,380 $945,040
2017 $24,283 $1,072,980 $127,940 $945,040
2016 $24,484 $1,081,860 $127,940 $953,920
2015 $21,365 $1,125,350 $171,430 $953,920
2014 $21,365 $1,125,350 $171,430 $953,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14404370

North Texas Real Estate Information Systems (NTREIS)

APN: 215020000