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Days33Days on Market
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$3,999,000

7085 W Hells Gate Drive, Possum Kingdom Lake, TX, 76475

On MarketInfo
Beds5 Beds
Baths7 Bath
Baths5,589 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$715.51 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 7Bathrooms 7
AppliancesGas Cooktop, Refrigerator, Wine Cooler
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size2.55 acres

Building Information

Garage Spaces3

Land Information

APN219270000
Lot Number21-23
SubdivisionSportsmans World #10
Land UseOther / Unknown
Legal DescriptionSPORTSMANS WORLD #10 BLK 1 LOTS 21,22 & 23 G#S0925-10-00010-022-00-0
Census Tract000200
Assessed Land Value$1,292,950
Assessed Improvement Value$1,589,640
Assessment Year2025

About this property

Watch the Lake Life Video of this lake home... BELLTOWER.ESTATE... Magnificent New Construction Mediterranean inspired Estate, positioned inside Possum Kingdom Lake’s most famous landmark — Hell’s Gate — is unlike anything else. An iconic destination property designed to impress from nearly every angle, this retreat captures explosive panoramic lake views through massive picture windows & expansive outdoor living spaces. Inside, soaring ceilings, and open-concept design create a grand atmosphere built for entertaining. The outdoor experience was designed to steal the show. A negative-edge swimming pool disappears into the lake horizon, while lowered railing systems and built-in bench seating preserve sightlines. Luxury finishes and custom craftsmanship are woven throughout, including designer flooring, statement tile work, premium countertops, and architectural details that elevate every space. The breezeway-style layout encourages refreshing lake airflow, creating the effortless indoor-outdoor lifestyle. Five spacious bedrooms, each with its own private ensuite bath, along with 2 additional half baths. A detached guest suite offers privacy and flexibility for hosting family, friends, or extended lake weekends. Upstairs, the oversized game room and full bar open onto a covered balcony overlooking Hell’s Gate — arguably one of the most iconic views on the entire lake. Above it all, the signature Bell Tower delivers a one-of-a-kind experience with rare elevated views stretching for miles across the water and surrounding lake country. An extended concrete driveway opens into a spacious circular parking area with additional guest parking nearby. Marina and lake resort amenities close by. Perhaps one of the boldest new luxury estates found in all of Texas. Built for buyers who want more than just a lake home — they want the location everyone talks about, the views nobody forgets, and a property designed to become the ultimate gathering place.

Investor Tools

Property Icon
$2,882,590
Estimated Property Value
$0Estimated Mortgage Balance
$1,495,960Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$23,994 /month
Positive
Cash Flow Estimate:
$7,998 /month

Interested in this property?

Lars Hanssen

Possum Kingdom Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,181/month
$1,125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,756
$2,882,590
2025
$1,292,950
$1,589,640
$2,882,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,756
$2,882,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kevin Simmons Etal
Building Or Construction Loan
$1,472,422
No
First
Mar 24, 2023
Mar 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,386,630
$1,495,960
51%
48%
$8,828/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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7085 W Hells Gate Drive | Property Details | No Agent List