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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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7077 W Hells Gate Dr , Strawn, TX 76475
$3,499,000
Est. Payment: $18,014.37/mo
4 Bed
5.5 Bath
3920 Sqft
Status: active | Days on site: 83
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

A Once-in-a-Lifetime Waterfront Estate on Possum Kingdom Lake Perched high above the iconic Hell's Gate channel in Sportsman's World, this extraordinary fully furnished waterfront estate offers breathtaking panoramic lake views from virtually every room. Beyond its luxury appeal, this property is an exceptional investment opportunity, generating just under $300,000 in gross short-term rental income last year, making it one of the top-performing vacation rentals on Possum Kingdom Lake. Designed for unforgettable gatherings, the home features two luxurious primary suites, expansive living spaces, a game room, and walls of glass showcasing stunning water views. Step outside to a resort-style outdoor oasis highlighted by two swimming pools. Relax in the elevated infinity-edge pool overlooking the lake or enjoy endless fun in the lower pool complete with a dramatic waterslide. For ultimate relaxation, retreat to the impressive 12x9 sauna and Himalayan salt cave featuring over $30,000 in imported Pakistan salt walls, creating a private spa experience rarely found in residential properties. The expansive rooftop observation deck offers one of the most spectacular vantage points on the lake, perfect for taking in breathtaking sunsets, watching the famous Hell's Gate fireworks, and enjoying panoramic views that stretch for miles. Multiple outdoor living areas and firepit gathering spaces make entertaining effortless. Located within the highly sought-after Sportsman's World community, owners enjoy access to a marina, community pool, tennis courts, pavilion, playground, and general store and grill. Whether you're seeking a luxury lakefront retreat, a premier investment property, or both, this remarkable estate delivers an unmatched Possum Kingdom Lake lifestyle with world-class amenities, incredible income potential, and views that simply cannot be replicated.

Highlights

Listed by Brooke Smart , Smart Realty , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.7

HOA Fee

1025 Annually

Year Built

2021

County

Palo Pinto

Neighborhood

Sportsmans World

School District

Palo Pinto ISD

Listing ID

21287302

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:5.5
  • Full Bathrooms:5
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Disposal, Gas Range, Ice Maker, Microwave
Air Cond:Ceiling Fan(s),Central Air,Electric
Fireplaces:
Floor:Ceramic Tile,Wood
Other:
  • Additional:Decorative Lighting, Kitchen Island, Vaulted Ceiling(s), Master on Main

Exterior Features

Lot:Few Trees,Irregular Lot,Subdivision,Water/Lake View,.5 to < 1 Acre,Lake Front
Roof:Other
Others:
  • Additional:Preowned
Parking Features:Garage Double Door,Golf Cart Garage
Principal Interest
$18,014
Taxes
$2,231
HOA
$1,025

Home Price

$3,499,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$699,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$18,014.37

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $18,014.37 $2,230.61 $1,025.00 $21,269.98
Yearly $216,172.46 $26,767.35 $12,300.00 $255,239.81
Total $6,485,173.76 $803,020.50 $369,000.00 $7,657,194.26

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Strawn, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

© 2026 North Texas Real Estate Information Systems