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$429,283

NAL Estimated Property Value

225 Admiral Dr, Gun Barrel City, TX, 75156

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$499.17 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesElectric Oven, Refrigerator
FlooringWood

Exterior

Exterior FeaturesBoat Slip

Building Information

Year Built1984
Roof Type105
Garage Spaces2

Land Information

APN2930-0009-1200-53
Lot Number120
SubdivisionHarbor Point #1 (820)
Land UseResidential
Legal DescriptionLT 120 AB 1017 L STOVER SUR, HARBOR POINT #1, BLK 9 LT 120, A/294
Census Tract950604
Assessed Land Value$189,000
Assessed Improvement Value$240,283
Assessment Year2025

About this property

A must-see gorgeous cottage with stunning lake views on open water, nestled in a beautiful quiet neighborhood. This house comes fully furnished, ensuring a hassle-free move-in experience, and strong history of being a successful short-term rental, off-setting costs or using as an income property. The open living and dining areas are designed for hosting and entertaining, providing a seamless flow from inside to the deck. Sliding glass doors showcase the picturesque lake, connecting the interior to the natural beauty outside. Enjoy the updated dock with a huge party deck, and boat slip including new cables and bumpers. Take advantage of this excellent opportunity to own a property on open water with an overall price point that's hard to find. Your peaceful getaway awaits – immerse yourself in the tranquility of lake life at Cedar Creek!

Investor Tools

Property Icon
$429,283
Estimated Property Value
$413,726Estimated Mortgage Balance
$15,557Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$335/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,874
$429,283
2025
$189,000
$240,283
$429,283
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,874
$429,283

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Conventional
$431,250
No
First
Feb 6, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$413,726
$15,557
3%
96%
$2,586/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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225 Admiral Dr | Property Details | No Agent List