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$281,081

NAL Estimated Property Value

240 Overlook Trl, Gun Barrel City, TX, 75156

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,256 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.14 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
AppliancesDryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Linoleum

Exterior

Exterior FeaturesBalcony, Storage

Building Information

Year Built1982
Roof Type105
Garage Spaces1

Land Information

APN4280-0000-8640-53
Lot Number864
SubdivisionTamarack Venture (936)
Land UseResidential
Legal DescriptionLT 864 AB 59 J P BROWN SUR, TAMARACK VENTURE LT 864
Census Tract950601
Assessed Land Value$180,000
Assessed Improvement Value$101,081
Assessment Year2025

About this property

Your morning sunrises will not be the same. Don't miss this desirable lakefront cottage on the shores of Cedar Creek Lake. With unobstructive views of the lake, this 3-bed, 2-bath home has everything you need to find relaxation by the water. You can live the lake life, and you're also close to shopping and schools. One bedroom is downstairs and two bedrooms upstairs. The second-story bedroom that faces the water has a balcony with a lake overlook. Home will be sold as-is and is priced accordingly.

Investor Tools

Property Icon
$281,081
Estimated Property Value
$152,914Estimated Mortgage Balance
$128,167Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,686 /month
Positive
Cash Flow Estimate:
$562 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$220/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,229
$281,081
2025
$180,000
$101,081
$281,081
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,229
$281,081

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown Equity Mortgage
Building Or Construction Loan
$157,602
No
First
Sep 6, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$152,914
$128,167
45%
54%
$945/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.

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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240 Overlook Trl | Property Details | No Agent List