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$245,000

NAL Estimated Property Value

102 Forrest Oaks Lot 838 Drive, Gun Barrel City, TX, 75156

Off MarketInfo
Beds3 Beds
Baths0 Bath
Baths1,386 Sq Ft
price_per_sqft$36.07 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
AppliancesNone
FlooringConcrete, Wood

Exterior

Exterior FeaturesBalcony, Storage

Building Information

Year Built1972
Garage Spaces1

Land Information

APN3385-0000-8370-53
Lot Number837
SubdivisionLoon Bay (1060)
Land UseResidential
Legal DescriptionLTS 837 AB 742 J SMITH SUR, LOON BAY LTS 837
Census Tract950604
Assessed Land Value$15,000
Assessed Improvement Value$147,770
Assessment Year2025

About this property

NEW LISTING in prestigious Loon Bay lakeside community! This TWO-STORY workshop with CONCRETE FLOOR, separate COVERED RV PARKING has electric, but needs meter and pole. Great opportunity to own this precious cabin for a vacation rental or full-time home. Easily be 4 bedrooms. Surrounded by majestic trees, includes a separate Recreational Vehicle carport, garage under second story of house. Smart use of space. Won't last at this price. Rooftop deck, more. Unique opportunity to buy from long-time owner. Hurry on this one! PLUS For $130 annual fee, Owners Association includes two private parks with boat launch, playground, fishing piers, covered areas.HAS BEEN USED AS WORKSHOP AND STORAGE ONLY. NEEDS PLUMBING.

Investor Tools

Property Icon
$245,000
Estimated Property Value
$0Estimated Mortgage Balance
$245,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$126/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$285
$157,302
2025
$15,000
$147,770
$162,770
No

Tax History

Year
Tax Paid
Assessed Value
2024
$285
$157,302

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$245,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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: Gun Barrel City

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102 Forrest Oaks Lot 838 Drive | Property Details | No Agent List