tomo logo

$1,750,000

Beds
6
Baths
4.0
sq ft
2,922

7101 Hells Gate Loop, Strawn, TX 76475

7101 Hells Gate Loop

Strawn, TX 76475

  • 15 days on market
Stunning Lakefront Retreat in Hells Gate Cove – Turnkey & Fully Furnished with Optional Boat Slip & Watercraft Package. Experience luxury lakefront living in this exceptional home, perfectly designed for relaxation, adventure, or investment. This waterfront home has direct water access. Main House-Built 2016 4 Beds -3 Baths in the main house Guest house-Garage -Built 2022 2 bed 1 bath and includes custom-built bunks & a spa-quality steam room. Built-in Car Wash-Convenient drain in the RV bay. 1600 sq. ft. Game Room & Storage- Climate-controlled with spray foam insulation. Breathtaking views of Hells Gate Cove from the Observation Deck. Outdoor Living & Direct Lake Access Expansive Gathering Area-Perfect for outdoor entertaining, with potential for a bar or kitchen. Large backyard that gently slopes to the water, maintained by a smart sprinkler & robot mower. Easy kayak & jet ski launches from the back garage door. Neighborhood amenities-Community pool, disc golf, pavillion, horse stables, tennis courts and marina are all within the Sportsman World community. This is more than a home—it’s a lifestyle. Schedule your private tour today!

Details

Property type

Single Family Residence

Est. home value

$623,669

Lot size

0.581 acres

Price per sq ft

$599

Year built

2016

Annual property taxes

$7,839

Monthly HOA fee

$85.42

Price History

03/04/2025
NTREIS

NTREIS #20857496

Listed
$1,750,000
01/10/2020
NTREIS

NTREIS #14145193

Removed

Schools & Community

Elementary school: 

Palo Pinto

Middle school: 

Palo Pinto

High school: 

Mineral Wells

Community features: 

Pool, Park, Playground, Tennis Court(s)

School district: 

Palo Pinto ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,011,642
Asking price
$1,750,000
Closing costs (~8% of asking)
-$140,000
Est. remaining loan balance
-$598,358
Cash to seller
$1,011,642

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

August 2023

Original loan amount

$609,000

Est. remaining balance

$598,358

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Scott A Mars and Leah S Mars

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/20/2025 at 12:35 PM

Listing updated: 03/05/2025 at 9:02 PM

Listed by: Brooke Smart, Smart Realty Phone #: (817) 999-3067

MLS: NTREIS #20857496

NTREIS logo

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