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    Waterfront Lake Lot with Water Access Title is generated by Realmo AI

    7084 Hells Gate Loop, Strawn, TX 76475

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    Claim this Listing
    For Sale
    $250,000

    LAND - Strawn, TX

    Lot size:
    0.98 Acres
    Added:
    Sep 24, 2025
    Days on Market:
    255
    Last Refresh:
    Jun 5 at 11:06 am

    Property Features for 7084 Hells Gate Loop

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    26059
    Lot size
    0.98 Acres

    Taxes and HOA fees

    Tax Description
    ACRES: 0.983 SPORTSMANS WORLD #1 BLK 2 LOT 30
    Tax Annual Amount
    1328

    We can help!

    Listing Contact
    Brooke Smart

    Listing agent Brooke Smart License #0770899

    Listing office Smart Realty Colleyville, TX

    Listing date Sep 24, 2025

    MLS# 21044268 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Enjoy iconic views of Hells Gate at Possum Kingdom Lake.
    • Direct access to the waterline.
    • Located in a gated community with top‑notch amenities.
    • Community amenities include a pool, marina, horse facilities, tennis courts, general store, and pavilion.
    • Just under one acre lot.
    • Suitable for a weekend retreat, short term rental, or full‑time lake home.

    Overview

    A just-under-one-acre waterfront lot at Possum Kingdom Lake offers an ideal viewing angle, looking straight toward the back of Hells Gate. The property includes direct access to the waterline, making it practical for daily lake use and easy enjoyment once your home is built. The setting is within a gated community designed around recreation and relaxation.

    The community provides amenities that support a full lake-lifestyle experience, including a pool for cooling off, a marina for launching, and horse facilities. Additional features include tennis courts, a general store, and a pavilion for gatherings, giving residents convenient options without leaving the neighborhood.

    This property is well-suited for buyers looking to build a weekend retreat, a short-term rental, or a full-time lake residence. With the combination of prominent water views, direct water access, and a planned amenity base, the lot offers a strong foundation for both personal use and investment-minded planning. If you want a waterfront build site that delivers both scenery and day-to-day practicality, this is a rare opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Department Store Hotel & Motel Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Strawn
    County
    Palo Pinto
    State
    Texas
    Longitude
    -98.47564
    Latitude
    32.843452

    Nearby Similar for Sale

    • $1,550,000

      Ranch and Hunting Land Tract

      Private ranch with panoramic ridgeline views, usable pasture, stocked ponds, and extensive fencing for recreation and retreat.
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      View Details
    • $119,999

      Waterfront Estate Lot

      Create a primary home or income-ready STR on a spacious estate lot with flexible use in a lakeside community.
      Hells Gate Loop lot: 4-6, Possum Kingdom Lake, TX 76475
      View Details
    • $115,000

      Possum Kingdom Lake Build Lot

      Level, cleared lot near Hells Gate with potential views.
      6048 Hells Gate Loop, Possum Kingdom Lake, TX 76475
      View Details
    • $2,249,000

      Unrestricted Raw Land Opportunity

      Raw, unrestricted acreage near Ranger Ridge, offering flexibility for development or long-term land investment planning.
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    FAQs

    What type of property is this?
    Waterfront Land - Build a lake home or retreat on a waterfront lot with direct access to the waterline and iconic lake views.
    Where is this waterfront land located?
    The property is located at 7084 Hells Gate Loop Strawn, TX.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Enjoy iconic views of Hells Gate at Possum Kingdom Lake.; Direct access to the waterline.; Located in a gated community with top‑notch amenities.
    (817) 999-3067
    We can help!
    Listing Contact
    Brooke Smart
    Real Estate License ID: 0770899
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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