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$913,392

NAL Estimated Property Value

116 Redondo Dr, Gun Barrel City, TX, 75156

$994,508 ARVInfo
Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,218 Sq Ft
price_per_sqft$217.22 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Double Oven, Refrigerator, Tankless Water Heater
FlooringBrick

Exterior

Exterior FeaturesDock, Rain Gutters

Building Information

Year Built1982
Roof Type105
Garage Spaces5

Land Information

APN4029-0000-0350-53
Lot Number35,36
SubdivisionSandy Shores #1 (103)
Land UseResidential
Legal DescriptionLTS 35 & 36 AB 488 T S MITCHELL SUR, SANDY SHORES #1 LTS 35 & 36, B/55
Census Tract950603
Assessed Land Value$337,500
Assessed Improvement Value$575,892
Assessment Year2025

About this property

Escape to an extraordinary lakefront retreat at Cedar Creek Lake. This home is ideal for hosting unforgettable gatherings with friends and family or spending quiet time to unwind. The recently renovated kitchen is sure to impress featuring a center island and plenty of space. Step into the living room, where exposed beams, soaring ceilings, and a wall of windows seamlessly blend to create a space that welcomes the outside in. Generously oversized rooms offer ample space for overnight guests or versatile entertainment areas. Situated on nearly half an acre, this property features a boat dock with two boat slips and a party deck for endless waterfront enjoyment. Perfectly positioned for convenience and just a stone's throw away from shopping and entertainment. Don't miss out on the opportunity to own everything you desire in a lakefront retreat – this property is a must-see that promises an unparalleled lifestyle.Come take a look and be in this beauty, ready for lakefront fun in 2024!

Investor Tools

Property Icon
$913,392
Estimated Property Value
$0Estimated Mortgage Balance
$913,392Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$994,508
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,480 /month
Positive
Cash Flow Estimate:
$1,827 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$714/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,997
$913,392
2025
$337,500
$575,892
$913,392
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,997
$913,392

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$913,392
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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116 Redondo Dr | Property Details | No Agent List