$318,000
●
Condo -
Off Market
3033 Hells Gate Loop
Strawn, TX 76475
2 Beds
0 Bath
1,302 Ft²
$2,198
Est. Monthly
$333
HOA / Fees
2.80%
Cap Rate
About This Property
Experience serene lakeside living in this exquisite condo,
featuring a versatile loft for extra sleeping or workspace, nestled
on a coveted lakefront lot. With breathtaking bluff views and
unparalleled sunsets, this lock and leave property epitomizes
convenience and luxury. Just a block from the marina, it's a
boater's paradise. Enjoy resort-style amenities: a refreshing pool,
tennis courts, and a playground within Sportsman's World, a true
recreational haven. This condo offers a seamless blend of indoor
comfort and outdoor adventure, making every day a vacation. Your
dream lifestyle awaits!
Unit Size
1,302 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$260
Property Type
Condo
Property Taxes
$200
HOA Dues
$333
Year Built
1987
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (NTREIS #20567245)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 19, 2024 | Sold | ||
| Sold | |||
| Mar 21, 2024 | Listed by The Exclusive | $339,000 | |
| Listed by The Exclusive | |||
Property Highlights
Fireplace
Parking Details
Carport Spaces: 1
Parking Features: 0
Interior Details
Interior Features: Built-in Features, Decorative Lighting, High Speed Internet Available, Loft, Natural Woodwork
Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
Flooring Type: Laminate
Has Fireplace
Wood Burning
Fireplaces: 1
Exterior Details
Listing Terms: 1031 Exchange, Cash, Conventional
Roof: Composition
Window Features: Window Coverings
Construction Materials: Rock/Stone, Siding
Outdoor Living Structures: Rear Porch
Few Trees, Landscaped, Sprinkler System, Water/Lake View, Waterfront
Lot Size Acres: 0.2300
Financial Details
Tax Lot: D-204
Unexempt Taxes: $2,398
Utilities Details
Cooling Type: Electric
Heating Type: Electric
Location Details
HOA/Condo/Coop Fee Includes: Back Yard Maintenance, Front Yard Maintenance, Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Water
HOA Fee: $1,000
HOA Fee Frequency: Quarterly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/04/2026
|
3 Bed
|
2 Bath
|
1260 ft²
|
$340,000
3 Bed
2 Bath
1260 ft²
|
-
-
|
Brooke Smart
JLA Realty
| |
|
02/23/2026
|
2 Bed
|
2 Bath
|
1134 ft²
|
$385,000
2 Bed
2 Bath
1134 ft²
|
$350,000
-9.09%
05/06/2026
|
Michael Avidon
Century 21 Mike Bowman, Inc.
| |
|
08/08/2025
|
2 Bed
|
2 Bath
|
1134 ft²
|
$415,000
2 Bed
2 Bath
1134 ft²
|
-
-
|
Lars Hanssen
Possum Kingdom Real Estate
| |
|
06/20/2025
|
2 Bed
|
2 Bath
|
1134 ft²
|
$340,000
2 Bed
2 Bath
1134 ft²
|
-
-
|
Courtney Hugghins
RE/MAX Four Corners
| |
|
03/21/2024
| |
2 Bed
|
-
|
1302 ft²
|
$339,000
2 Bed
-
1302 ft²
|
$318,000
-6.19%
04/19/2024
|
Mark Ware
The Property Shop
|
|
07/07/2023
|
2 Bed
|
2 Bath
|
1344 ft²
|
$289,000
2 Bed
2 Bath
1344 ft²
|
-
-
|
Jo Lynn Miller
Lake Homes Realty, LLC
| |
|
06/16/2023
|
2 Bed
|
-
|
1148 ft²
|
$299,000
2 Bed
-
1148 ft²
|
$280,000
-6.35%
08/08/2023
|
Jo Lynn Miller
Lake Homes Realty, LLC
| |
|
04/27/2023
|
2 Bed
|
-
|
1260 ft²
|
$339,500
2 Bed
-
1260 ft²
|
$300,000
-11.63%
09/05/2023
|
Megan Ragle
Clark Real Estate Group
| |
|
08/05/2021
|
2 Bed
|
-
|
1134 ft²
|
$235,900
2 Bed
-
1134 ft²
|
$235,000
-0.38%
10/08/2021
|
John Morris
Possum Kingdom Real Estate
| |
|
07/19/2019
|
2 Bed
|
-
|
1260 ft²
|
$164,000
2 Bed
-
1260 ft²
|
$155,000
-5.49%
09/13/2019
|
Lorin Buck
Williams Trew Real Estate
| |
|
08/25/2018
|
2 Bed
|
2 Bath
|
1134 ft²
|
$140,000
2 Bed
2 Bath
1134 ft²
|
-
-
|
-
| |
|
07/09/2017
| |
2 Bed
|
2 Bath
|
1134 ft²
|
-
2 Bed
2 Bath
1134 ft²
|
-
-
|
-
|
Building Info
3033 Hells Gate Loop
3033 Hells Gate Loop, Strawn, TX 76475
- 3 Units for Sale
About Palo Pinto
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Listed by: Mark Ware, The Exclusive
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20567245
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20567245
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
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