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$381,000

3033 Hells Gate Loop E103, Possum Kingdom Lake, TX, 76475

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,134 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$361.55 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Microwave, Double Oven, Refrigerator
FlooringHardwood

Building Information

Year Built1987

Land Information

APN220632100
SubdivisionSportsmans World #14
Land UseResidential
Legal DescriptionSPORTSMANS WORLD #14 RES D PARADISE VILLAS UNIT E103 & 4.64% UDI IN COMMON AREA
Census Tract000200
Assessed Land Value$2,270
Assessed Improvement Value$274,610
Assessment Year2025

About this property

BOAT SLIP, OFF-SITE STORAGE, COVERED PARKING, TRAILER PARKING, FULL SERVICE MARINA. This is it! Your perfect fall getaway! A completely remodeled first-floor condo located inside Sportsman’s World. Enjoy cooler weather on your private patio in a quiet complex. Start your mornings with coffee and birdwatching, spend your afternoons with football and grilling, and unwind in the evenings with stunning sunsets overlooking the water and Set Ranch. This condo showcases an extensive custom remodel and redesign, including extended Taj Mahal quartzite countertops, a glass tile backsplash, oversized cabinets and drawers, Samsung stainless steel smart appliances, an LG ThinQ washer-dryer tower, recessed lighting, and more. The open concept layout flows into the dining and living areas, featuring a wood-burning fireplace and hardwood floors throughout. The master bedroom offers remote control zebra shades and an updated ensuite bath with a vanity and sink, plus a walk-in shower with floor-to-ceiling tile and glass doors. The second bathroom features a soaking tub, modern tile, glass sliding doors, and a vanity with sink. The second bedroom includes a built-in custom wall unit with oversized drawers and cabinets, pull-out nightstands, and a queen-size Murphy bed. Dimmer lighting is installed throughout. Remodel completed in 2024. The Paradise Villas Condo Association is a well-managed HOA that covers dwelling insurance on all buildings, year-round lawn care and services, water, sewer, and more. New roofs and exterior painting were completed in 2023. The HOA-owned common areas include a firepit, horseshoes, and boat trailer storage. Each unit also has a dedicated covered carport. Condo owners enjoy access to Sportsman’s World amenities, including a swimming pool, pavilion and playground, tennis and pickleball courts, and an airstrip. Paradise Villas is just steps from Bluff Creek Marina. A complete list of upgrades is available upon request.

Investor Tools

Property Icon
$381,000
Estimated Property Value
$0Estimated Mortgage Balance
$381,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,460 /month
Positive
Cash Flow Estimate:
$820 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
$1,050/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,095
$276,880
2025
$2,270
$274,610
$276,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,095
$276,880

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$381,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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3033 Hells Gate Loop E103 | Property Details | No Agent List