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$380,420

164 Redondo Dr, Gun Barrel City, TX, 75156

$494,546 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,018 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$222.99 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer

Exterior

Exterior FeaturesBarbecue, Fire Pit, Gas Grill, Rain Gutters, Lighting, Outdoor Grill, Playground, Storage
Lot Size5,942 sqft

Building Information

Year Built1985
Roof Type105
Garage Spaces3

Land Information

APN4029-0000-0130-53
Lot Number12,13
SubdivisionSandy Shores #1 (103)
Land UseResidential
Legal Description13 AB 488 T S MITCHELL SUR, SANDY SHORES #1 PT LTS 12 & 13 & ALL OF LT 14
Census Tract950603
Assessed Land Value$174,150
Assessed Improvement Value$206,270
Assessment Year2025

About this property

Great investment! $6,000 in Airbnb rentals for July. Welcome to Five Pines Lake Retreat—a fully furnished, lakefront escape on Cedar Creek Lake with a strong track record as a part-time Airbnb rental in nice relaxed cove. Set on a peaceful 0.23-acre lot with over 200 feet of protected, sand-bottom shoreline, this property offers stunning sunset views framed by five towering Mississippi pines. 55 minutes from Dallas. Perfect place to unwind while remaining close to restaurants, groceries, Starbucks, and main boat ramp just two minutes away. The home features thoughtful upgrades including a detached cedar party pavilion, turf fire pit area, play set, and a large second living space with game room, bunk room, half bath, and attic storage. Have to walk through guest bedroom to reach master or enter front or back door. A spacious wrap-around deck connects every room, creating ideal indoor-outdoor flow. The primary suite boasts water views and a spa-like bathroom. Expanded from 1,200 to 2,100 sqft, the home now sleeps 10-14 comfortably. Home has a funky and unique floor plan that has many entrances and guest like the multiple options. After reopening the calendar at larger 2,018SQFT the home immediately booked 12 nights for $6,000 in July. This is the first time we have ever rented the home with the larger additional spaces open to guests just to show what it could do. This listing is for the main home on lots 12 & 13. Sellers open to selling lot 14 and boat dock with all for $610,000 total (.42 acres). $19,200 estimate for metal seawall received and sellers are offering a $7,500 credit to rebuild the wood seawall when lake levels allow. Nearby homes selling for up to $1.4M. The upcoming Pier 334 development—1 min away—will include a Hilton hotel, marina, restaurants, and music venue. With two driveways for ample parking, lakefront getaway or income-producing rental. Contact the agent for rental history and self-tour access. Come check out the Five Pines!

Investor Tools

Property Icon
$380,420
Estimated Property Value
$223,200Estimated Mortgage Balance
$183,749Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$494,546
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$297/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,666
$380,420
2025
$174,150
$206,270
$380,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,666
$380,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$223,200
No
First
Apr 22, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,671
$183,749
48%
52%
$1,339/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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164 Redondo Dr | Property Details | No Agent List