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$369,329

NAL Estimated Property Value

154 Memorial Dr, Gun Barrel City, TX, 75156

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,320 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$340.53 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven

Building Information

Year Built1982
Roof Type105
Garage Spaces1

Land Information

APN3095-0001-0100-53
Lot Number10
SubdivisionHoliday Club (124)
Land UseResidential
Legal DescriptionLT 10 AB 61 J M BERTRAN SUR, HOLIDAY CLUB ESTS, BLK 1 LT 10
Census Tract950603
Assessed Land Value$135,000
Assessed Improvement Value$234,329
Assessment Year2025

About this property

Tremendous price reduction at this exceptional deep water lot in Holiday Club Estates. Existing structure is ready for total renovation to become a premier lake front property. Total sq ft includes a finished basement that could be used as a third sleeping room. Boathouse sits on approximately 8 to 10 feet of water, and has gorgeous views of open water from a protected location. The lot is protected from southern wind, and provides an ideal setting for swimming, paddle boarding, and kayaking. With proximity to restaurants, retail and shopping in Gun Barrel City, this property has potential to be a thriving short-term rental.

Investor Tools

Property Icon
$369,329
Estimated Property Value
$351,491Estimated Mortgage Balance
$17,838Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,697 /month
Positive
Cash Flow Estimate:
$899 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$289/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,617
$369,329
2025
$135,000
$234,329
$369,329
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,617
$369,329

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sierra Pacific Mortgage Co Inc
Conventional
$360,000
No
First
Jan 30, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$351,491
$17,838
4%
95%
$2,159/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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154 Memorial Dr | Property Details | No Agent List