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88,514 Lot Sqft.
Lot & Acreage - Residential
512 Day(s) on HAR.com

General Description

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Looking for a great fishing hole from shore or your boat, look no further! Like to swim? This ones for you! Three lots that have been re-platted into one located in the peaceful back of the prestigious Hells Gate Cove, compare to any waterfront property. Enjoy clear water at most times directly in your back yard. Many fish 12-24 inches have been caught in this little honey hole. Have you heard of the famous Hell's Gate, it is visible from your lot. Mostly level to slightly sloped with just over two acres that will be easy to build on. Enjoy abundant amenities in Sportsman's World which include a air strip, pool, tennis, full service award winning marina, boat sales and service, boat ramp, and stables.

MLS#:
14107046 (NTREIS)
Sold Price Range:
$80,001 - $90,000
Listing Status:
Sold
Address:
7113 Hells Gate Loop
City:
Possum Kingdom Lake
State:
TX
Zip Code:
Subdivision:
Sportsmans World 01
Legal Description:
ACRES: 2.032 SPORTSMANS WORLD #1 BLK 1 LOTS 5
Property Type:
Lot & Acreage - Residential
Lot Size:
88,514 Sqft. /Appraisal District
Maintenance Fee:
$ 700 / Annually
Land Use:
Residential Single
Road Frontage:
ASPHAL


Exterior Features

Lot Description:
Some Trees, Subdivision, Water/Lake View
Topography:
Cleared, Level
Water Amenity:
Lake Front, Lake Front - Common Area, Lake Front ? Main Body
Utility:
Asphalt, Community Mailbox, Individual Water Meter, MUD Sewer, MUD Water, No City Services, Outside City Limits
Utility Other:
Co-op Electric
Easements:
Utilities
Road Surface:
Asphalt
Area Pool:
Yes


Additional Information

Community Features:
Boat Ramp, Community Pool, Horse Facilities, Landing Strip, Marina, Park, Playground, Tennis
Lake Name:
Possum Kingdom
Lake Pump:
No
*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.


Financial Information

Financing Considered:
Cash, Conventional
Maintenance Fee:
$700/Annual
Maint Fee Includes:
Blanket Insurance, Full Use of Facilities, Management Fees, Maintenance of Common Areas, Reserves


Source
North Texas Real Estate Information Systems, Inc.

Property Tax

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Cost/sqft based on Market Value
Tax Year Cost/sqft Market Value Change Tax Assessment Change
2023 $-- $491,150 -11.07% $491,150 -11.07%
2022 $-- $552,260 569.24% $552,260 569.24%
2021 $-- $82,520 656.37% $82,520 656.37%
2020 $-- $10,910 26.13% $10,910 26.13%
2019 $-- $8,650 2.85% $8,650 2.85%
2018 $-- $8,410 $8,410
2023 Palo Pinto County Appraisal District Tax Value
Market Land Value: $208,500
Market Improvement Value: $282,650
Total Market Value: $491,150
palo pinto County Appraisal District
2023 Tax Rates
PALO PINTO COUNTY: 0.3059 %
EMERGENCY SERVICE DISTRICT 1: 0.0274 %
PALO PINTO HOSPITAL DISTRICT: 0.3021 %
PALO PINTO ISD: 0.7204 %
SPORTSMANS WORLD WATER: 0.2172 %
Total Tax Rate: 1.5731 %

Estimated Mortgage/Tax

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$965 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 321
Estimated Monthly Property Tax (Based on Tax Assessment 2023) $ 644
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Schools

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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

ASSIGNED SCHOOLS
Palo Pinto Elementary School Elementary . PK - 06 . PALO PINTO ISD
Excellent |
Mineral Wells High School High . 09 - 12 . MINERAL WELLS ISD
Good |

View Nearby Schools

7113 Hells Gate Loop Possum Kingdom Lake TX 76475 was recently sold. It is a 2.03 Acre(s) Lot, in Sportsmans World 01.

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