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$154,000

NAL Estimated Property Value

234 Red Robin Rd, Gun Barrel City, TX, 75156

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,216 Sq Ft
Unimproved LandUnimproved Land
price_per_sqft$148.03 / sqft
Year BuiltBuilt in 2024

About this property

Land is priced to sell. If you're looking to build or bring your pre-manufactured home, the Wood-Wilks Gardens subdivision is a fantastic opportunity that offers endless possibilities. With both types of homes welcomed, you can create a home that's perfect for your unique needs and preferences. One of the standout features of this lot is its location, which offers close proximity to highly rated schools and Cedar Creek Lake Reservoir. Families will love the educational and recreational opportunities that are easily accessible. Additionally, the convenience of nearby shopping and dining options makes it easy to run errands and have fun. Another significant advantage of this lot is that it already has city water and sewer available. This eliminates the need for costly and time-consuming drilling of a well or installation of a septic system. Brand new survey available.

Investor Tools

Property Icon
$154,000
Estimated Property Value
$141,710Estimated Mortgage Balance
$12,290Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$924 /month
Positive
Cash Flow Estimate:
$308 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$65/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15
$127,267
2025
$3,500
$123,767
$127,267
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15
$127,267

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
21st Mortgage Corp
Purchase Money Mortgage
$147,955
No
First
Jan 16, 2024
Feb 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,710
$12,290
7%
92%
$888/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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234 Red Robin Rd | Property Details | No Agent List