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$742,000

NAL Estimated Property Value

176 Ocean Dr, Gun Barrel City, TX, 75156

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,980 Sq Ft
price_per_sqft$378.28 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer

Building Information

Year Built1969
Roof Type105
Garage Spaces2

Land Information

APN2675-0000-1220-53
Lot Number122
SubdivisionEastwood Islands (348)
Land UseResidential
Legal DescriptionLT 122 AB 282 W HOCKIDAY SUR, EASTWOOD ISLANDS, LT 122
Census Tract950603
Assessed Land Value$135,000
Assessed Improvement Value$274,486
Assessment Year2025

About this property

Experience unforgettable lakefront living on the wide open waters of Cedar Creek Lake in one of the area’s most sought-after neighborhoods. With 110 feet of shoreline and amazing open water views, this 4 bedroom, 2 bath retreat is fully furnished and ready for Spring. The open-concept layout is ideal for entertaining, featuring rich solid oak flooring, granite countertops, and expansive wall-to-wall windows that frame breathtaking sunset views over the water. The spacious primary suite offers a private escape, while the oversized bunk room provides the perfect space for hosting family and guests, because lake memories are best shared. Step outside and the lifestyle truly begins. Relax on the large covered porch, take a dip in the pool, or unwind in the hot tub as the sun dips below the horizon, or entertain effortlessly on the oversized party deck perched above the water. Double deck boat dock with boat cradle, PWC lifts, and 110 feet of capped steel retaining wall, ready for endless days on the lake. Conveniently located just minutes from shopping and restaurants, and only a few doors down from the neighborhood park, this property offers the perfect balance of peaceful waterfront living and everyday convenience. This is more than a home, it’s a front-row seat to open water, spectacular sunsets, and the lake life you’ve been dreaming about. Don’t miss your opportunity to own one of the best views on Cedar Creek Lake.

Investor Tools

Property Icon
$742,000
Estimated Property Value
$581,824Estimated Mortgage Balance
$160,176Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,494 /month
Positive
Cash Flow Estimate:
$1,498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$459/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,793
$409,486
2025
$135,000
$274,486
$409,486
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,793
$409,486

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Conventional
$451,750
No
First
Aug 23, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$581,824
$160,176
21%
78%
$3,751/mo

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.

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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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176 Ocean Dr | Property Details | No Agent List