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7060 Hells Gate Loop, Strawn, TX, 76475

4beds
3baths
3,200sqft
$1,599,000
$500price/sqft
$10,182/moest. monthly cost
$407,280/yrincome needed

About This Home

Perched on nearly 6 acres of fenced, landscaped-yet-natural terrain overlooking Possum Kingdom Lake’s iconic Hell’s Gate Cove, this extraordinary estate offers the perfect blend of privacy, adventure, & luxury living. Tucked away in a secluded setting that feels miles from anywhere, the property features rolling hills, scenic ATV trails, breathtaking lake views, & endless room to roam—all without ever leaving home. The beautifully maintained main residence greets you with a covered drive framed by a charming rose garden & opens into a warm, inviting interior with a cozy fireplace, & open-concept living-kitchen area designed to capture stunning views. The home offers 3 bedrooms, 2 bathrooms, & a spacious primary suite complete with wrap-around deck overlooking the surrounding landscape & lake. Recent updates include new HVAC systems & Trex decking (2023), water heater (2021), & new carpet (2025). A separate bonus home, built in 2024, adds exceptional space for guests, extended family, or rental use, features 1,200 sq ft on the main level plus a 500sqft loft. Designed for comfort & efficiency, the structure is fully spray-foamed for enhanced energy performance & superior insulation. For hobbyists or outdoor enthusiasts, the impressive 5,000sqft shop & garage is truly one of a kind. Complete with multiple overhead doors, expansive storage, an auto lift, & ample room for boats, ATVs, vehicles, tools, & toys, the space also includes a private 700sqft loft gym with incredible views. Kids will love the custom playground-essentially your own private park-featuring a merry-go-round, geodome climber, & 3 oversized playhouses with slides & swings. Platted as a residential estate lot, the property also allows horses, adding even more possibilities for recreation. This rare Possum Kingdom Lake retreat combines natural beauty & limitless opportunity in one unforgettable property. Come experience the breathtaking views, peaceful surroundings, & unique lifestyle this estate offers.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
12
BikeSomewhat Bikeable

Schools

10/10
6/10
Graford SchoolGrades PK-1214.5 mi

Construction

Condition

  • Year built: 2011

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Rock,Stone,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater,Disposal,Refrigerator,Vented Exhaust Fan
  • Laundry features: Washer Hookup,Dryer Hookup,ElectricDryer Hookup,Laundry in Utility Room

Bedroom

  • Features: Closet Cabinetry,Ceiling Fan(s),Walk-In Closet(s)
  • Level: First
  • Dimensions: 1 x 1

Bedroom

  • Level: First
  • Dimensions: 1 x 1

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Features: Built-in Features,Butler's Pantry,Ceiling Fan(s)
  • Level: First
  • Dimensions: 1 x 1

Features

  • Decorative/Designer Lighting Fixtures,Kitchen Island,Open Floorplan,Pantry,Vaulted Ceiling(s),Walk-In Closet(s)
  • Window features: Window Coverings
  • Flooring: Carpet,Ceramic Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total interior livable area: 3,200 sqft

Laundry

  • Features: Built-in Features,Closet
  • Level: First
  • Dimensions: 1 x 1

Living Room

  • Features: Ceiling Fan(s),Fireplace
  • Level: First
  • Dimensions: 1 x 1

Loft

  • Level: Second
  • Dimensions: 1 x 1

Master Bathroom

  • Features: Built-in Features,Closet Cabinetry,Dual Sinks,En Suite Bathroom,Granite Counters,Separate Shower
  • Level: Second
  • Dimensions: 1 x 1

Master Bedroom

  • Features: Ceiling Fan(s),Double Vanity,En Suite Bathroom,Jetted Tub,Sitting Area in Primary,Separate Shower,Walk-In Closet(s)
  • Level: Second
  • Dimensions: 1 x 1

Master Bedroom

  • Features: Ceiling Fan(s),En Suite Bathroom,Sitting Area in Primary
  • Level: First
  • Dimensions: 1 x 1

Other

  • Features: Granite Counters
  • Level: First
  • Dimensions: 1 x 1

Property

Details

  • Parcel number: 26063
  • Other equipment: Call Listing Agent
  • Exclusions: Furnishings,light fixture over kitchen sink (will be replaced)

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None,Community
  • Patio & porch: Wrap Around,Covered,Deck
  • Exterior features: Deck,Garden,Playground,Private Entrance,Rain Gutters,RV Hookup,Storage
  • Fencing: Barbed Wire,Fenced,Gate,Metal,Perimeter,Wrought Iron,Wire
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Waterbody name: Possum Kingdom
  • Topography of land: Rough
  • Residential vegetation: Grassed,Partially Wooded

Lot

  • Lot size: 5.78 Acres
  • Features: Acreage,Hardwood Trees,Landscaped,Rolling Slope,Subdivision,Few Trees,Wooded

Parking

  • Total spaces: 4
  • Parking features: Additional Parking,Circular Driveway,Covered,Driveway,Electric Gate,Garage,Golf Cart Garage,Gravel,On Site,Oversized,Private,RV Carport,Storage,Workshop in Garage,Boat,RV Access/Parking
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Wildfire
    WildfireRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Strong Wind
Tornado
Wildfire
Cold Wave
Drought
Heat Wave
Lightning
Winter Weather

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,085$97,020
Home Insurance *$1,001$12,012
Property Taxes $745$8,940
Electricity $351$4,216
Total$10,182$122,184
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$349,097/yr
40% on housing$305,460/yr
45% on housing$271,520/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$500This listing

vs Other Active Listings

Avg $/sqft

ZIP 76475$430
Palo Pinto County$295

vs Homes Sold Last Month

Median $/sqft

ZIP 76475$361
Palo Pinto County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-21Listed for sale$1,599,000
2026-01-21Listing removed$1,699,000
2025-07-12Listed for sale$1,699,000
2023-04-06Listing removed--
2022-08-13Listing removed$995,000
2022-08-13Listed for sale$995,000
2022-03-02Listing removed$1,200,000
2021-09-15Listed for sale$1,200,000

For Sale by Agent

AgentJo Lynn Miller
BrokerageLake Homes Realty, LLC

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