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$420,000

NAL Estimated Property Value

121 Lakeway Lane, Gun Barrel City, TX, 75156

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,962 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.89 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Convection Oven
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard, RV Hookup, Storage

Building Information

Year Built1982
Roof Type105
Garage Spaces2

Land Information

APN2675-0000-2370-53
Lot Number236,237
SubdivisionEastwood Islands (348)
Land UseResidential
Legal DescriptionLTS 236 & 237 AB 488 T S MITCHELL SUR, EASTWOOD ISLANDS, LTS 236 & 237, A/194
Census Tract950603
Assessed Land Value$30,000
Assessed Improvement Value$302,450
Assessment Year2025

About this property

LAKESIDE BEAUTY on TWO spacious lots! This charming brick home boasts oversized living area with romantic brick wood burning fireplace, large open dining area, two bedrooms with ensuite baths (one is handicap accessible), and low maintenance flooring throughout! Pretty white kitchen features real wood cabinets, granite countertops, and stainless steel appliances. Utility room is gianormous! with extra storage and room for a home office, studio, or gym. Organized attached 2 car garage, gated spacious backyard complete with tons of concrete parking and patio spaces, new privacy fence, fairly new storage shed, dog run, deck, and room for entertaining! Hop in your golf cart for an evening tour around this quiet, peaceful neighborhood. With the lake just a stone's throw away, the use of community boat ramp and dock is super convenient. There's also a community park just for the use of residents. Perfect for entertaining guests and playing with the kids and dogs.

Investor Tools

Property Icon
$420,000
Estimated Property Value
$338,795Estimated Mortgage Balance
$81,205Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$291/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,396
$332,450
2025
$30,000
$302,450
$332,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,396
$332,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trinity Oaks Mortgage Llc
Va
$354,900
Yes
First
Nov 1, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$338,795
$81,205
19%
81%
$2,128/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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121 Lakeway Lane | Property Details | No Agent List