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$287,000

NAL Estimated Property Value

120 Meadow Lake Dr, Gun Barrel City, TX, 75156

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,811 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.33 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range

Building Information

Garage Spaces2

Land Information

APN3385-0000-A000-53
Lot Number1000
SubdivisionLoon Bay (1060)
Land UseVacant Land
Legal DescriptionLT 1000 AB 742 J SMITH SUR, LOON BAY LT 1000
Census Tract950604
Assessed Land Value$15,000
Assessed Improvement Value$272,000
Assessment Year2025

About this property

Get ready to be dazzled by this stunning new construction home near Cedar Creek Reservoir. As you step inside, you'll be greeted by an open concept living room that is flooded with natural light. The gorgeous floors add a touch of elegance to the space. A highlight of this home is the infrared electric fireplace, perfect for creating a cozy & romantic atmosphere all year round. No need to wait for December to enjoy the warmth & charm of a fireplace. The main shower in this home is designed with comfort and relaxation in mind. With four showerheads, it's an experience that will truly blow your mind. The kitchen is a true masterpiece, with intricate details & a spacious eat-in island that is perfect for entertaining guests. After a delicious meal, take a leisurely 10 min walk to Cedar Creek & witness the breathtaking sunset, or you can simply enjoy the covered back patio right at your doorstep.

Investor Tools

Property Icon
$287,000
Estimated Property Value
$261,034Estimated Mortgage Balance
$25,966Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,722 /month
Positive
Cash Flow Estimate:
$574 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$258/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,658
$287,000
2025
$15,000
$272,000
$287,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,658
$287,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Fha
$269,037
Yes
First
Sep 10, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,034
$25,966
9%
91%
$1,614/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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120 Meadow Lake Dr | Property Details | No Agent List