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$599,000

114 Harbor Drive, Gun Barrel City, TX, 75156

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$332.78 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Refrigerator
FlooringWood

Land Information

APN3385-0000-1630-53
Lot Number163
SubdivisionLoon Bay (1060)
Land UseResidential
Legal DescriptionLT 163 AB 742 J SMITH SUR, LOON BAY LT 163
Census Tract950604
Assessed Land Value$189,000
Assessed Improvement Value$282,493
Assessment Year2025

About this property

Spectacular open water views to be had from this bright blue bungalow! WANT GREAT WATER DEPTH?? Step inside to a spacious open feel with wall of windows, great room layout of living, dining and sun room space. This bonus space is excellent for game tables or to office with the best view in the house!! Kitchen has pantry area, granite countertops, warm wood cabinetry and utility room access. You will love the cozy wood burning stove feature in the living room for loving lake life year around! Step outside to the covered deck that is a breezy overlook to enjoy miles of water views! You will witness the most colorful sunsets as they reflect off of the lake! There is a firepit right at the water's edge to spend long evenings filled with laughter with family and friends! The dock has a party deck up above, single boat lift and jet ski lifts. Located just minutes from convenient shopping and dining! DOCK REPLACED IN 2025. Short term rentals are allowed. This home is available fully furnished via separate negotiation for a seamless transition into summer lake fun!

Investor Tools

$505,050Estimated Mortgage Balance
$87,950Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

Interested in this property?

Tammy Hosch

TX Lake & Land Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$390/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,715
$471,493
2025
$189,000
$282,493
$471,493
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,715
$471,493

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citibank Na
Conventional
$548,939
No
First
Mar 14, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$505,050
$87,950
14%
85%
$3,292/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.

Explore Texas Explore This Area
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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114 Harbor Drive | Property Details | No Agent List