NOT LISTED FOR SALE

7040 Hells Gate Loop Strawn, TX 76475

Estimated Value: $68,182 - $463,000

1.04 Acres
$177,657 Price per Acre
45,433 Sq Ft Lot

Last Sold August 25, 2023

Current estimated payment $1,181/month

31 Days on Market

Highlights

  • Lake View
  • Palo Pinto Elementary School Rated A+
  • Interior Lot

About This Lot

As of August 2023

Wonderful view of Possum Kingdom Lake with the benefit of all the amenities. Sportsmans World has many amenities including pools, tennis courts, hiking trails, a community center and a full marina. The PK General store has a variety of products and also provides live music and food in the evenings! This lot looks down into Hells Gate cove and backs up to the community park placing it close to the pavilion and pool. The sunsets and fireworks on the 4th are spectacular! I have builder recommendations and have built several homes of my own on this lake. Call me, I can help you create your dream lake home from the ground up!

Last Agent to Sell the Property

Brooke Smart

Smart Realty Brokerage Phone: 817-999-3067 License #0770899 Listed on: 05/05/2023

Last Buyer's Agent

Wendy Farquhar

Clark Real Estate Group License #0750326

Property Details

Property Type

  • Land

Lot Details

  • 1.04 Acre Lot
  • Interior Lot
  • Sloped Lot
  • Few Trees

HOA Fees

  • $64 Monthly HOA Fees

Property Views

  • Lake Views

Schools

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

Utilities

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

Community Details

  • Association fees include full use of facilities
  • Swra HOA, Phone Number (940) 779-3056
  • Sportsmans World 01 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 40 / 2
  • Assessor Parcel Number 26069
  • $647 per year unexempt tax

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$64 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Architectural, Deed, No Mobile Home
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: Yes
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Attribution Contact: 817-999-3067
  • Special Features: None

Exterior Features

  • Easements: Utilities

Utilities

  • Utilities: Asphalt, Co-op Electric, MUD Sewer, MUD Water

Condo/Co-op/Association

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

Association/Amenities

  • DevelopmentStatus: Streets Installed

Schools

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

Lot Info

  • Lot Size: 1 to < 3 Acres
  • Lot Features: Acreage, Few Trees, Interior Lot, Sloped, Subdivision, Water/Lake View
  • Lot Size Units: Acres
  • Lot Size Area: 1.0430
  • Parcel Number: 26069
  • Lot Size Acres: 1.0430
  • Lot Size Sq Ft: 45433.0800
  • Zoning Description: Residential

Tax Info

  • Unexempt Taxes: 647
  • TaxBlock: 2
  • Tax Lot: 40

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

Listed on
May 5, 2023
Closed on
Aug 25, 2023
Sold by
Morrill Chad B and Morrill Andrea N
Bought by
Larabee Dan and Larabee Cheryl
Seller's Agent
Brooke Smart
Smart Realty
Buyer's Agent
Wendy Farquhar
Clark Real Estate Group
List Price
$69,500
Views
17
Current Estimated Value
$185,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.05%
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
Larabee Dan -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2023 08/25/23 Sold -- -- --
07/12/2023 07/12/23 For Sale $69,500 0.0% --
06/05/2023 06/05/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $69,500 +131.7% --
03/26/2021 03/26/21 Sold -- -- -- View Prior Sale
01/27/2021 01/27/21 Pending -- -- --
09/27/2020 09/27/20 For Sale $30,000 -- --
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 $1,752 $115,200 $115,200 $0
2024 $1,338 $87,970 $87,970 $0
2023 $945 $60,070 $60,070 $0
2022 $647 $37,260 $37,260 $0
2021 $617 $29,530 $29,530 $0
2020 $265 $11,470 $11,470 $0
2019 $263 $11,360 $11,360 $0
2018 $392 $17,320 $17,320 $0
2017 $720 $31,810 $31,810 $0
2016 $720 $31,810 $31,810 $0
2015 $761 $34,090 $34,090 $0
2014 $761 $34,090 $34,090 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20321200

North Texas Real Estate Information Systems (NTREIS)

APN: 26069