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$768,000

1048 Hells Gate Loop, Possum Kingdom Lake, TX, 76475

$998,400 ARVInfo
Off MarketInfo
Baths0 Bath
Baths2,400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.08 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListDeal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms 0Bathrooms 0
AppliancesNone
FlooringConcrete

Exterior

Lot Size5.00 acres

Land Information

APN220100000
Lot Number3
SubdivisionSportsmans World #12
Land UseResidential Single Family
Legal DescriptionSPORTSMANS WORLD #12 BLK 2 LOT 3 (5.00 AC) G#S0925-12-00020-003-00-0
Census Tract000200
Assessed Land Value$110,040
Assessed Improvement Value$177,870
Assessment Year2025

About this property

Ready for your custom finish out on this lake resort Barndominium with 5 acres of ranch land! Located in terrific area of sought after Sportsmans World community just down the road from Possum Kingdom Lake's landmark Hells Gate. A Spacious 40 x 80 metal building, massive covered porch and two large bay doors (12x12 and 12x16) which are perfect for boat storage or your favorite BIG toys. This property is designed for the hobbyist and outdoor enthusiast. Access to all of the best lake resort communities including Bluff Creek Marina, Community Pool, Tennis, Private Roads and Lake access to exclusive Possum Kingdom Lake.

Investor Tools

Property Icon
$768,000
Estimated Property Value
$250,000Estimated Mortgage Balance
$521,285Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$552,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,608 /month
Positive
Cash Flow Estimate:
$1,536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$459/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,674
$287,910
2025
$110,040
$177,870
$287,910
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,674
$287,910

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Unknown
$250,000
No
First
Aug 27, 2025
Aug 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,715
$521,285
67%
32%
$1,499/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Possum Kingdom Lake

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1048 Hells Gate Loop | Property Details | No Agent List