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$435,000

208 Harbor Drive, Gun Barrel City, TX, 75156

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,784 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$243.83 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesDock, Fire Pit, Rain Gutters, Lighting

Building Information

Year Built1971
Roof Type105
Garage Spaces1

Land Information

APN3385-0000-1140-53
Lot Number114
SubdivisionLoon Bay (1060)
Land UseResidential
Legal DescriptionLT 114 AB 742 J SMITH SUR, LOON BAY LT 114, B/87
Census Tract950604
Assessed Land Value$139,500
Assessed Improvement Value$105,686
Assessment Year2025

About this property

All furniture will convey! Situated on 0.128, this updated 1,784 sq foot home is a fully furnished lake house that delivers immediate enjoyment with strong short term rental potential. Step into a welcoming living room designed around an open floorplan that encourages connection and effortless gatherings, creating a comfortable space to relax after a full day at the lake. The kitchen sits at the heart of the home with accent lighting, abundant cabinetry, generous counter space, and a layout that keeps everyone engaged while hosting or preparing a quiet dinner. Just off the main living area, a separate bonus room wrapped in a wall of windows offers its own bright and versatile space. The primary bedroom provides a comfortable retreat to unwind, while additional bedrooms offer flexibility, including a spacious bunkroom complete with its own full bed and bath, making it ideal for guests or a private suite. Outside, a large covered deck extends your living space and overlooks a backyard with firepit ready for evenings under the Texas sky. The boathouse features a slip for a pontoon or V hull, and with 2 additional neighborhood boat ramps, access to Cedar Creek Lake is simple and convenient. Minutes from shopping, dining, and entertainment in Gun Barrel City and approximately an hour from Dallas. Cedar Creek Lake is one of the largest lakes in Texas, celebrated for its recreational lifestyle and bass fishing. There is a bunkroom with additional room and bathroom for guests. Proudly Claim Your Piece of Texas!

Investor Tools

$219,991Estimated Mortgage Balance
$211,009Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month

Interested in this property?

Bill Moomaw

Regal, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$269/month
$130/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,074
$245,186
2025
$139,500
$105,686
$245,186
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,074
$245,186

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$240,000
No
First
Jan 31, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,991
$211,009
48%
51%
$1,439/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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