




$947,000
$950,000
135 Island Park Dr, Gun Barrel City, TX, 75156
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About this property
Land of Opportunity on sought-after Cedar Creek Lake! Rare chance to own 2 waterfront lots with approximately 101’ of platted shoreline in the heart of Gun Barrel City offering HUGE open water views and unforgettable sunset evenings. Tear down and create your dream lakefront retreat with room to spread out, or rejuvenate the existing home and add guest quarters for the ultimate family compound or weekend getaway. The property offers an incredible street-to-water setting with a long paved driveway leading through mature trees to the waterfront. The design-friendly lot shape and depth provide endless possibilities for a custom build, outdoor entertaining spaces, pool, additional structures, or expansive lakeside living. Enjoy a great protected bay location with sweeping western-facing views across the main body of the lake. Existing improvements include an old house,- some say tear it down, detached storage shed, fenced areas, and waterfront yard ready for your vision. Whether you are looking for an investment opportunity, redevelopment project, or your own private lakefront escape, this is a rare opportunity to create something special on Cedar Creek Lake.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Gun Barrel City
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