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$390,000

NAL Estimated Property Value

109 Lilac Ln, Gun Barrel City, TX, 75156

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,984 Sq Ft
price_per_sqft$251.97 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringBamboo, Carpet

Exterior

Private PoolPrivate Pool
Exterior FeaturesCourtyard, Private Yard, RV Hookup, Storage

Building Information

Year Built1966
Garage Spaces5

Land Information

APN2500-0002-001A-53
Lot Number2,1A
SubdivisionCountry Estates (22)
Land UseResidential
Legal DescriptionAB 794 G T WALTERS SUR, COUNTRY ESTATES SEC 1, BLK 2 LTS 1A & 2
Census Tract950604
Assessed Land Value$15,000
Assessed Improvement Value$321,772
Assessment Year2025

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!

Investor Tools

Property Icon
$390,000
Estimated Property Value
$0Estimated Mortgage Balance
$390,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,999 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$224/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$744
$323,605
2025
$15,000
$321,772
$336,772
No

Tax History

Year
Tax Paid
Assessed Value
2024
$744
$323,605

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$390,000
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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109 Lilac Ln | Property Details | No Agent List