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$265,000

137 Nautical Rd, Gun Barrel City, TX, 75156

$294,042 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,780 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.88 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringCarpet, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage

Building Information

Year Built1978
Roof Type105
Garage Spaces2

Land Information

APN2935-0038-0230-53
Lot Number23,24
SubdivisionHarbor Point #2 (618)
Land UseResidential
Legal DescriptionLTS 23 & 24 AB 742 JAMES SMITH SUR, HARBOR POINT #2, BLK 38 LTS 23 & 24
Census Tract950604
Assessed Land Value$36,000
Assessed Improvement Value$335,037
Assessment Year2025

About this property

Sitting on two lots totaling almost half an acre and within walking distance to Cedar Creek Lake. Large fenced back yard would be perfect for a garden, playground or room to expand. Circle drive, plenty of room for extra parking plus detached two car garage with roomy workshop. Additional covered storage for lawn equipment and tools. Brand new, massive wrap around for deck and balcony off upper level. Lower level includes 2 bedrooms and two baths. Upper level could be used as a large bedroom, media-game room, craft or hobbies. Harbor Point is a waterfront subdivision with a community boat launch and park area.Lots of possibilities! Come take a look for yourself!

Investor Tools

Property Icon
$371,037
Estimated Property Value
$245,471Estimated Mortgage Balance
$129,979Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$294,042
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,226 /month
Positive
Cash Flow Estimate:
$742 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$290/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,623
$371,037
2025
$36,000
$335,037
$371,037
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,623
$371,037

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighbors Bank
Fha
$245,471
Yes
First
Jul 11, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,058
$129,979
35%
65%
$1,525/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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137 Nautical Rd | Property Details | No Agent List