




$119,999
113 Karen Lane, Gun Barrel City, TX, 75156
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About this property
Investor special with strong upside, this property is ideal for buyers ready to bring vision and renovation to life. Rare opportunity to own a multi-lot property just moments from Cedar Creek Lake, offering approximately 0.86 acres of land combined. This unique property includes multiple structures and is surrounded by mature trees, creating a private, peaceful setting with plenty of room to expand, build, or reimagine. Located near a community boat ramp and dock, this property is perfect for those looking to enjoy lake living while capitalizing on the strong growth in the surrounding area. With new construction and development happening nearby, the upside potential here is significant. The existing improvements provide a solid foundation for a renovation project, rental portfolio, or full redevelopment. Whether you're an investor looking to flip, build multiple homes, create a long-term hold, or design your own lakeside retreat, this property offers flexibility and opportunity that is hard to find in this location. All lots are included in the sale, giving you maximum control and future potential.
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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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