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$427,000

NAL Estimated Property Value

117 Gull Cove Dr, Gun Barrel City, TX, 75156

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,464 Sq Ft
price_per_sqft$409.15 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Ice Maker, Microwave, Refrigerator
FlooringCeramic Tile

Exterior

Exterior FeaturesBoat Slip, Outdoor Kitchen, Outdoor Shower, Private Entrance, Private Yard

Building Information

Year Built2014
Roof Type106

Land Information

APN3675-0000-5880-50
Lot Number588
SubdivisionOak Harbor Subd (798)
Land UseResidential
Legal DescriptionLT 588 AB 698 M M SANCHEZ SUR, OAK HARBOR LT 588, B/122
Census Tract950601
Assessed Land Value$198,000
Assessed Improvement Value$175,000
Assessment Year2025

About this property

Beautiful water, open water, overlooking deep water just a few ways to describe this spectacular waterfront home. Designed with lake living in mind. The views from the living area and master bedroom to the outdoor living and kitchen area all point to the water. Lake side, backyard and outdoor living and dock all face the SW so the days are long to enjoy every second of summer. The home has recently been updated with design changes, paint and renovated master bath with double walk in shower. The home is move in ready and comes with the refrigerator and full size stackable washer and dryer. Floors are all tile through out the way lake homes should be. The backyard is tiered to the water with a tile outdoor kitchen, grill, counterspace, shower, shade pergola with plenty of space to entertain. The dock is long and locates the full sized covered dock out where it doesn't block the view the home. Please take a look, the sunsets are something special.

Investor Tools

Property Icon
$427,000
Estimated Property Value
$0Estimated Mortgage Balance
$427,000Estimated Equity
100% 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

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$314/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,633
$373,000
2025
$198,000
$175,000
$373,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,633
$373,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$427,000
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.

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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117 Gull Cove Dr | Property Details | No Agent List