NOT LISTED FOR SALE

7053 Hells Gate Loop Strawn, TX 76475

Estimated Value: $486,000 - $556,000

0.7 Acre
$756,914 Price per Acre
30,274 Sq Ft Lot

Last Sold October 11, 2024

Current estimated payment $3,412/month

210 Days on Market

Highlights

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

About This Lot

As of October 2024

Don't miss out on this opportunity—a limited number of waterfront lots in the sought after Hell's Gate Cove. This property awaits your visionary touch to design your dream lake house. Spanning 0.695 acres, this generously sized waterfront lot boasts an existing rock staircase that leads all the way down to deep water. The flat landing makes it possible to access your boat from the water. With an impressive 118 feet of shoreline, this parcel provides ample space for you to enjoy a wide-open waterfront view. Additionally, it enjoys a convenient proximity to the Sportsman's World pavilion, swimming pool, and tennis courts, enhancing the allure of this prime location. Seize this opportunity to create your own personal oasis.

Last Agent to Sell the Property

Brooke Smart

Smart Realty Brokerage Phone: 817-999-3067 License #0770899 Listed on: 02/14/2024

Last Buyer's Agent

Brooke Smart

Smart Realty Brokerage Phone: 817-999-3067 License #0770899 Listed on: 02/14/2024

Property Details

Property Type

  • Land

Lot Details

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

HOA Fees

  • $64 Monthly HOA Fees

Schools

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

Utilities

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

Additional Features

  • Lake Views
  • Outside City Limits

Listing and Financial Details

  • Legal Lot and Block 39 / 1
  • Assessor Parcel Number 25999
  • $4,485 per year unexempt tax

Community Details

Overview

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

Amenities

  • Airport or Runway

Recreation

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

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$64 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Agricultural, Building, Deed, 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
  • Attribution Contact: 817-999-3067
  • Special Features: None

Exterior Features

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

Utilities

  • Utilities: All Weather Road, Asphalt, Co-op Electric, MUD Sewer, MUD Water, Outside City Limits, Overhead Utilities

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: 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: .5 to < 1 Acre
  • Lot Features: Sloped, Subdivision, Water/Lake View, Waterfront
  • Lot Size Units: Acres
  • Lot Size Area: 0.6950
  • Parcel Number: 25999
  • Lot Size Acres: 0.6950
  • Lot Size Sq Ft: 30274.2000
  • Zoning Description: Residential
  • Present Use: Vacant

Tax Info

  • Unexempt Taxes: 4485
  • TaxBlock: 1
  • Tax Lot: 39

Multi Family

  • WaterfrontFeatures: Lake Front

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
Feb 14, 2024
Closed on
Oct 11, 2024
Sold by
Morrill Chad B and Morrill Andrea N
Bought by
Flack Allen Bryant
Seller's Agent
Brooke Smart
Smart Realty
Buyer's Agent
Brooke Smart
Smart Realty
List Price
$549,000
Views
26
Current Estimated Value
$526,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%

Purchase Details

Closed on
May 10, 2019
Sold by
Mclauchlan Stewart and Mclauchlan Vickie
Bought by
Morrill Chad B and Morrill Andrea N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 11, 2005
Sold by
Starnes Roger D
Bought by
Davis Roy C

Purchase Details

Closed on
Jan 4, 2005
Sold by
Barnes Judith A
Bought by
Starnes Roger D
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
Flack Allen Bryant -- None Listed On Document
Morrill Chad B -- None Available
Davis Roy C -- None Available
Starnes Roger D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morrill Chad B $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2024 10/11/24 Sold -- -- --
09/12/2024 09/12/24 Pending -- -- --
06/03/2024 06/03/24 Price Changed $499,000 -9.1% $114 / Sq Ft
02/14/2024 02/14/24 For Sale $549,000 -- $125 / 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
2025 $7,102 $466,940 $464,720 $2,220
2024 $6,540 $430,000 $428,520 $1,480
2023 $11,453 $728,080 $726,600 $1,480
2022 $4,485 $258,270 $255,820 $2,450
2021 $1,873 $89,620 $87,800 $1,820
2020 $5,115 $221,310 $219,490 $1,820
2019 $3,894 $168,330 $166,510 $1,820
2018 $3,399 $150,170 $148,350 $1,820
2017 $3,467 $153,200 $151,380 $1,820
2016 $3,467 $153,200 $151,380 $1,820
2015 $3,289 $175,900 $174,080 $1,820
2014 $3,289 $147,420 $145,320 $2,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Brooke Smart

    Smart Realty

    (817) 688-3383

    62 Total Sales

    Brooke Smart
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20535528

North Texas Real Estate Information Systems (NTREIS)

APN: 25999

Texas Palo Pinto County Strawn 76475

7053 Hells Gate Loop, Strawn, TX

Not Listed for Sale

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