NEW CONSTRUCTION
$501K PRICE DROP
7085 W Hells Gate Dr Strawn, TX 76475
Estimated payment $22,175/month
Total Views
6,136
5
Beds
7
Baths
5,589
Sq Ft
$716
Price per Sq Ft
Highlights
- Lake Front
- New Construction
- Gated Community
- Palo Pinto Elementary School Rated A+
- In Ground Pool
- Open Floorplan
About This Home
New Competed Construction known as THE LOOKOUT House. The high elevation Lookout Tower will impress all your family members and friends. This is a MUST see home with one of the highest elevation views of Hell's Gate & Possum Kingdom Lake. Five Bedrooms each having its own bathroom. Two Half Bathrooms to service downstairs & upstairs. Large Living area with fireplace. Open floorplan with Kitchen, dining living rooms all having tremendous views. Picture windows that allows the lake to fill the room with views of the lake. Second Master suite, separate from the main house allowing your guests to have their own privacy. Upstairs Game Room allows for plenty of room for entertaining. The covered upstairs balcony gives you unbelievable elevated views of Hell's Gate and The Gaines Bend Cliff Line. Just off the game room, gives you access to the Lookout Tower staircase. The View from the Lookout Tower is one of the highest view point homes on all of Possum Kingdom. The negative edge pool brings the pool and lake together. The railing was dropped down so your patio & pool side view is unobstructed. The dropped down railing pathways include bench seating allowing you to have plenty of guests for the magnificent 4th of July fireworks display held annually on Hell's Gate. You'll love the flooring, countertops, tile work and architectural design of the entire house. The Breezeway will hold up to its calling keeping a nice summer breeze flowing to the outdoor patio. The elongated concrete driveway opens up into a large circular parking area. Additional parking is just off the entry driveway. Nice low maintenance landscaping. Very limited yard maintenance. Come out and take a look. You will own THE house to be at inside of Hell's Gate. YOU WILL NOT BE DISAPPOINTED.
Listing Agent
Mike Powell Real Estate Brokerage Phone: 940-328-2677 License #0421507 Listed on: 05/24/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,132
Year Built
- Built in 2024 | New Construction
Lot Details
- 0.89 Acre Lot
- Lake Front
- Steep Slope
HOA Fees
- $108 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Driveway
Home Design
- Traditional Architecture
- Slab Foundation
- Metal Roof
- Stucco
Interior Spaces
- 5,589 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wet Bar
- Vaulted Ceiling
- Family Room with Fireplace
- 2 Fireplaces
Kitchen
- Eat-In Kitchen
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
Outdoor Features
- In Ground Pool
- Balcony
- Covered Patio or Porch
- Outdoor Fireplace
Schools
- Palo Pinto Elementary School
- Mineral Wells High School
Utilities
- Cooling Available
- Heating Available
- Overhead Utilities
- Propane
Listing and Financial Details
- Legal Lot and Block 22 / 1
- Assessor Parcel Number 26331
Community Details
Overview
- Association fees include all facilities, management
- Swra Association
- Sportsmans World Subdivision
Security
- Gated Community
Map
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Home Values in the Area
Average Home Value in this Area
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 | $10,132 | $858,830 | $858,830 | $0 |
| 2023 | $10,132 | $644,120 | $644,120 | $0 |
| 2022 | $4,247 | $244,590 | $244,590 | $0 |
| 2021 | $3,871 | $193,270 | $193,270 | $0 |
| 2020 | $4,388 | $209,950 | $209,950 | $0 |
| 2019 | $4,488 | $212,360 | $212,360 | $0 |
| 2018 | $4,373 | $189,190 | $189,190 | $0 |
| 2017 | $4,417 | $193,060 | $193,060 | $0 |
| 2016 | $4,369 | $193,060 | $193,060 | $0 |
| 2015 | $5,771 | $258,690 | $258,690 | $0 |
| 2014 | $5,771 | $258,690 | $258,690 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | Price Changed | $3,999,000 | -11.1% | $716 / Sq Ft |
| 05/24/2024 05/24/24 | For Sale | $4,500,000 | -- | $805 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $1,472,422 | New Conventional |
Source: Public Records
Similar Home in Strawn, TX
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20627376
APN: 26331
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