
$390,000
NAL Estimated Property Value109 Lilac Ln, Gun Barrel City, TX, 75156
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About this property
Welcome to your very own Little Graceland, a similar version to Elvis Presley's Tennessee estate! This impressive colonial home with two-story columns sits on 1.2 acres, surrounded by gracious trees, with an inground swimming pool, cabana, and separate recording studio (or exercise room, ballet studio, or workshop). Just like Graceland, this property is enclosed by a black wrought iron fence -- bring your own musical notes. Four massive bedrooms, three baths, and a gourmet kitchen with gleaming stainless steel appliances, for whipping up a fried banana and peanut butter sandwich, just like the King! The screened in sunroom (Jungle Room), looks over the swimming pool and beautiful landscaping. Jam until all hours of the night in the separate 22 ft by 24 ft studio, with a wall of mirrors. There's also an RV hookup, and an oversized 2-car garage with workshop space and storage galore. This is situated on two parcels, and large enough that you could possibly build a second home. You Can't Help Falling In Love with this gorgeous home. Call today -- It's Now or Never!
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Gun Barrel City
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