Currently under construction. Target date end of July. 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 all having tremendous view. Picture windows that allows the lake to fill the room with views of the water. 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 views. 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. This wonderful perfected home will have all the bells & whistles. Come out and take a look. YOU WILL NOT BE DISAPPOINTED.
Property Details
Property Features
Property Information:
Architectural Style: Traditional, Detached
Year Built: 2024
Living Area: 5,589 SqFt
Listing Office:
Office Name: MIKE POWELL REAL ESTATE
Office Phone: (940) 328-2677
Listing Agent: Michael Powell
Interior Features
Interior Information:
Appliances: Dishwasher, Disposal, Wine Cooler
Basement: No
Interior: Wet Bar, Eat-in Kitchen, Kitchen Island, Multiple Master Suites, Open Floorplan, Pantry, Vaulted Ceiling(s)
Directions: From Hwy 16 Turn into Sportsman's world onto Hell's Gate Drive. Take a left at the Y staying on Hell's Gate Drive. Go thru the low water crossing. Continue following the winding and up & down hills. Property is located on your left when Hell's Gate comes into view.
Price Information
Listing Price Info
Price Summary:
List Price: $4,500,000
Price Per SqFt: $805/SqFt
HOA Fees:
Amount: $1300
Frequency: Annually
Tax Information:
Annual Amount: $4,388
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Strawn, TX.
Last updated on: 11/21/2024, 5:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$4,388
$209,950
2019
$4,488
$212,360
2018
$4,373
$189,190
2017
$4,466
$193,060
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$22.6K
Per Month
Principal & Interest
$22.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$108
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$13.5K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Palo Pinto Elementary School
821 Oak St
Distance between this listing and this school11.20 miles
Public District Grades PK-6
4
/10
Graham Elementary School
1219 Cliff Dr
Distance between this listing and this school18.23 miles
Public District Grades PK-5
5
/10
Mineral Wells Elementary School
1001 SE Martin Luther King Jr St
Distance between this listing and this school21.66 miles
Public District Grades PK-6
Nearby Schools
5
/10
Graham Jr High School
1000 2nd St
Distance between this listing and this school19.08 miles
Public District Grades 6-8
5
/10
Mineral Wells Junior High School
1301 SE 14th Ave
Distance between this listing and this school21.97 miles
Public District Grades 7-8
6
/10
Breckenridge Jr High School
502 W Lindsey St
Distance between this listing and this school25.92 miles
Public District Grades 6-8
Nearby Schools
5
/10
Graford School
400 W Division St
Distance between this listing and this school14.47 miles
Public District Grades PK-12
6
/10
Graham High School
1000 Brazos St
Distance between this listing and this school18.57 miles
Public District Grades 9-12
2
/10
Graham Learning Center
701 Tennessee St
Distance between this listing and this school19.08 miles
The neighbors living near this home have an average income of $49,931. Residents of Strawn, TX typically earn between $35k-100k each year. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7085 W Hells Gate Dr
What is the listing price of this property?
The listing price of 7085 W Hells Gate Dr property is $4,500,000.
What type of property is this?
The property 7085 W Hells Gate Dr is a house located in Strawn, Texas, 76475.
Is this property for sale now?
Active Listing: 7085 W Hells Gate Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,388 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 7085 W Hells Gate Dr has 5 bedrooms and 5 full and 2 half bathrooms.
What is the square footage of this property?
The property 7085 W Hells Gate Dr is 5,589 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 7085 W Hells Gate Dr is 2024.
Interested in 7085 W Hells Gate Dr? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 7085 W Hells Gate Dr in Strawn, TX and zip code 76475. This 5,589 square foot home, which was built in 2024, sits on a 0.89 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since May 25, 2024 and is currently priced at $4,500,000.
Between September 2024 and October 2024, Strawn, TX real estate market has seen increase in the number of listings by 11.8%. The median list price of listings available in October 2024 was $699,000, while the average time on the real estate market was 152 days.
From Rocket Homes Real Estate and based on county public records data.