
$172,000
NAL Estimated Property Value7048 W Hells Gate Drive, Strawn, TX, 76475
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About this property
Great elevated home site overlooking Possum Kingdom Lake’s famous landmark, Hell’s Gate. Plenty of options for maximizing the lakes views. Enjoy a perfect view of the Red Bull Cliff Diving event, and a phenomenal view of the annual Independence Day fireworks show. Many of the amenities include Bluff Creek Marina with covered boat slips to rent, boat launching ramp, swimming pool, tennis courts, and airstrip.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Strawn
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