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$145,000

2324 E Main Street, Gun Barrel City, TX, 75156

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2 acres

Land Information

APN0489-0080-0E00-35
SubdivisionAb 0489 I Marshall Sur
Land UseResidential
Legal DescriptionAB 489 I MARSHALL SUR, TR 8E & 8F
Census Tract950500
Assessed Land Value$38,920
Assessment Year2025

About this property

TWO PRIME ACRES on a high-visibility corner lot with direct Main Street frontage in Gun Barrel City, Texas. SELLER FINANCING AVAILABLE! Zoned B2 General Business District with no known deed restrictions, this property is built for retail, dining, office, or mixed-use development capturing both local traffic and Cedar Creek Lake visitors. A natural pond adds scenic appeal and sets this site apart from typical lots. Known as the Gateway to Cedar Creek Lake, Gun Barrel City continues to grow alongside a thriving local business base and a community built around lake life, recreation, and tourism. Just about an hour from Dallas, this is a rare chance for investors and entrepreneurs to plant a flag in one of East Texas's fastest-growing lake towns. Nearby amenities include Cedar Creek Lake marinas, local dining, and retail corridors along Main Street. Claim Your Piece of Texas!

Investor Tools

$30,153Estimated Mortgage Balance
$181,847Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,272 /month
Positive
Cash Flow Estimate:
$424 /month

Interested in this property?

Bill Moomaw

Regal, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$133/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$539
$38,920
2025
$38,920
N/A
$38,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$539
$38,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Unknown
$55,000
No
First
Aug 29, 2008
Aug 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$30,153
$181,847
85%
14%
$0/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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