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$584,000

1049 Hells Gate Loop, Possum Kingdom Lake, TX, 76475

$759,200 ARVInfo
Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths2,400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$245.83 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Electric Oven, Electric Water Heater, Refrigerator
FlooringConcrete

Exterior

Lot Size5 acres

Building Information

Year Built2014

Land Information

APN220060000
Lot Number5
SubdivisionSportsmans World #12
Land UseResidential
Legal DescriptionSPORTSMANS WORLD #12 BLK 1 LOT 5 (5.00 AC) G#S0925-12-00010-005-00-0
Census Tract000200
Assessed Land Value$110,000
Assessed Improvement Value$211,110
Assessment Year2025

About this property

OWN LA GRANGE! Don't miss the opportunity to own the ultimate Man-Cave in Sportsman's World! An icon in Sportsman's World, La Grange is a fully fenced private 5-acre ranch with an electric gate for security. Designed with functionality in mind, the property includes two large bays measuring 12 x 12 and 12 x 16, ideal for storing your boat, side-by-side, or other lake toys. Features an additional 30-amp RV Hookup and septic hookup for immediate extra space. This property blends Texas countryside charm with modern comfort, creating the perfect escape for lake lovers and outdoor enthusiasts alike. The impressive 40 x 80 metal building has been thoughtfully transformed into a stylish, climate-controlled living space where rustic meets refined. Inside, you’ll find a well-appointed kitchen featuring granite countertops and modern appliances, along with comfortable living quarters filled with natural light and warm, inviting finishes. The loft offers a king-size bed and a queen futon, providing plenty of space to relax and unwind. A 28-foot storage container adds even more room for equipment and gear. Step outside and enjoy the expansive outdoor setup, complete with a 20 x 40 patio featuring a fire pit, bar area, and Weber grill, perfect for entertaining after a long day on the lake. With ample space for parking, trailers, and additional equipment, this property offers both freedom and flexibility. Whether you're looking for a weekend getaway, a full-time retreat, a party barn or overflow. This is lake life done right.

Investor Tools

Property Icon
$584,000
Estimated Property Value
$435,375Estimated Mortgage Balance
$159,578Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$759,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,540 /month
Positive
Cash Flow Estimate:
$1,180 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$477/month
$1,030/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,802
$321,110
2025
$110,000
$211,110
$321,110
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,802
$321,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Federal Bank
Va
$435,375
Yes
First
Jan 10, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$424,422
$159,578
27%
73%
$2,611/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.

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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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1049 Hells Gate Loop | Property Details | No Agent List