NOT LISTED FOR SALE

7049 Hells Gate Loop Strawn, TX 76475

Estimated Value: $349,000 - $555,000

0.59 Acre
$680,095 Price per Acre
25,744 Sq Ft Lot

Last Sold December 16, 2024

Current estimated payment $2,626/month

229 Days on Market

Highlights

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

About This Lot

As of December 2024

WATERFRONT HOMESITE inside HELLS GATE COVE! Very few unbuilt lots left in this area of Possum Kingdom Lake. 0.591 acres of land. Portions of lot have already been leveled off and prepared for new construction. The community of Sportsman's World features many affluent Hill country Rustic Lakehomes & estates perched on lofty cliff lines and water accessible coves alike. It's time to bring your builder and start your custom built Lakehouse in this notorious cove on PK Lake's most recognized land marks. Experience the legendary PK 4th of July Fireworks show, or the international Redbull Cliff diving competitions. Sportsman's World amenities include community pool, tennis court, disc golf course, and award winning Bluff Creek Marina

Last Agent to Sell the Property

Jonathan Fowler

Possum Kingdom Real Estate Brokerage Phone: (940) 779-1111 License #0704463 Listed on: 03/16/2024

Last Buyer's Agent

Andrea Chavarria

Lugary, LLC License #0643240

Property Details

Property Type

  • Land

Lot Details

  • 0.59 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Sloped Lot

HOA Fees

  • $94 Monthly HOA Fees

Schools

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

Additional Features

  • Lake Views
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Legal Lot and Block 38 / 1
  • Assessor Parcel Number 25998
  • $3,775 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities, ground maintenance, trash
  • Sportman's World Poa, Phone Number (940) 779-2150
  • Sportsmans World Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Airport or Runway

Recreation

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

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$94 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Architectural, Building, No Mobile Home
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: Yes
  • Water Body Name: Possum Kingdom
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Lake Pump Y N: No
  • Attribution Contact: (940) 779-1111
  • Special Features: None

Exterior Features

  • Easements: Utilities
  • Community Features: Airport/Runway, Boat Ramp, Community Pool, Horse Facilities, Lake, Marina, Playground, Tennis Court(s)
  • Waterfront: Yes
  • RoadFrontageType: Private Road
  • RoadSurfaceType: Asphalt

Utilities

  • Utilities: Asphalt, Electricity Available, MUD Sewer, MUD Water, Sewer Available

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Maintenance Grounds, Trash
  • Association Fee: 1125
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Sportman's World POA
  • HOA Management Company: 940-779-2150

Association/Amenities

  • DevelopmentStatus: Plat Approved, Streets Installed, Utilities Installed

Schools

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

Lot Info

  • Lot Size: .5 to < 1 Acre
  • Lot Features: Sloped, Water/Lake View, Waterfront
  • Lot Size Units: Acres
  • Lot Size Area: 0.5910
  • Parcel Number: 25998
  • Lot Size Acres: 0.5910
  • Lot Size Sq Ft: 25743.9600
  • Subdivided: No
  • Zoning Description: residential
  • Possible Use: Residential
  • LandLeaseYN: No

Tax Info

  • Unexempt Taxes: 3775
  • TaxBlock: 1
  • Tax Lot: 38

Multi Family

  • WaterfrontFeatures: Lake Front

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2024
Closed on
Dec 13, 2024
Sold by
Payton Glenn
Bought by
Carrasco Hazael Omar and Carrasco Carmen Vanessa
Seller's Agent
Jonathan Fowler
Possum Kingdom Real Estate
Buyer's Agent
Andrea Chavarria
Lugary, LLC
List Price
$385,000
Views
37
Current Estimated Value
$401,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%
Original Mortgage
$262,500
Outstanding Balance
$253,260
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$148,676

Purchase Details

Closed on
Jun 10, 2024
Sold by
Gladys Ileene Selman Revocable Living Tr and Reynolds Angela
Bought by
Payton Glenn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carrasco Hazael Omar -- None Listed On Document
Payton Glenn -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrasco Hazael Omar $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2024 12/16/24 Sold -- -- --
11/01/2024 11/01/24 Pending -- -- --
10/02/2024 10/02/24 Price Changed $365,000 -5.2% --
03/16/2024 03/16/24 For Sale $385,000 -- --
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 $5,106 $335,710 $335,710 $0
2024 $6,105 $401,390 $401,390 $0
2023 $6,125 $401,390 $401,390 $0
2022 $3,775 $217,420 $217,420 $0
2021 $4,544 $217,420 $217,420 $0
2020 $4,311 $186,540 $186,540 $0
2019 $3,274 $141,520 $141,520 $0
2018 $2,853 $126,080 $126,080 $0
2017 $2,912 $128,650 $128,650 $0
2016 $2,911 $128,650 $128,650 $0
2015 $3,301 $147,950 $147,950 $0
2014 $3,301 $147,950 $147,950 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Fowler

    Seller's Agent in 2024

    Jonathan Fowler

    Possum Kingdom Real Estate

    (940) 257-5353

    83 Total Sales

    Jonathan Fowler
    Section Image

  • A

    Buyer's Agent in 2024

    Andrea Chavarria

    Lugary, LLC

    (214) 501-6138

    383 Total Sales

    Andrea Chavarria
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20559902

North Texas Real Estate Information Systems (NTREIS)

APN: 25998

Texas Palo Pinto County Strawn 76475

7049 Hells Gate Loop, Strawn, TX

Not Listed for Sale

Lots

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