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$147,000

NAL Estimated Property Value

131 Woodland Trail, Gun Barrel City, TX, 75156

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths800 Sq Ft
price_per_sqft$115 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesElectric Range, Refrigerator, Electric Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesOther, Private Yard, Storage

Building Information

Year Built1967
Roof Type105
Garage Spaces2

Land Information

APN3385-0000-9050-53
Lot Number905,906
SubdivisionLoon Bay (1060)
Land UseResidential
Legal DescriptionLTS 905 & 906 AB 742 J SMITH SUR, LOON BAY LTS 905 & 906, C/329
Census Tract950604
Assessed Land Value$30,000
Assessed Improvement Value$105,681
Assessment Year2025

About this property

NEW LISTING in prestigious Loon Bay, on a DOUBLE LOT, this cute lake house won't last! Great location, close to shopping, schools. Fresh as a daisy, much important remodeling, including newer 30-year roof, carpet, granite counters, wood deck. Close to deep water (less than 1200 feet from POA private park, boat launch, dock). Loon Bay has a second private park for swimming and grilling. Fully fenced. Separate 400sf SOUNDPROOF RECORDING STUDIO or guest house! Also a metal storage building (19x30) with concrete floor. Plenty of concrete for on site RV and car parking . . peaceful, quiet, safe well established neighborhood, excellent Mabank schools. Gorgeous tall trees, beautiful trees across the street. Hurry!

Investor Tools

Property Icon
$147,000
Estimated Property Value
$61,624Estimated Mortgage Balance
$85,376Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$882 /month
Positive
Cash Flow Estimate:
$294 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$97/month
$11/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$428
$135,681
2025
$30,000
$105,681
$135,681
No

Tax History

Year
Tax Paid
Assessed Value
2024
$428
$135,681

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Grand Prairie Cu
Conventional
$68,000
No
First
Jun 14, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$61,624
$85,376
58%
42%
$408/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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131 Woodland Trail | Property Details | No Agent List