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$649,000

$699,000

247 Admiral Dr, Gun Barrel City, TX, 75156

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,535 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$422.8 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Microwave, Convection Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Combination, Wood

Exterior

Exterior FeaturesBoat Slip, Dock

Building Information

Year Built1984
Roof Type105
Garage Spaces1

Land Information

APN2930-0009-1090-53
Lot Number109
SubdivisionHarbor Point #1 (820)
Land UseResidential
Legal DescriptionLT 109 AB 1017 L STOVER SUR, HARBOR POINT #1, BLK 9 LT 109, A/294
Census Tract950604
Assessed Land Value$150,750
Assessed Improvement Value$273,252
Assessment Year2025

About this property

Stunning waterfront retreat offering breathtaking sunset views and the perfect setting for relaxing lakeside living. This well-maintained home features 3 bedrooms and 2 bathrooms with a spacious living room showcasing vaulted ceilings, expansive windows, and a beautiful stone wood-burning fireplace. The kitchen offers granite countertops, a breakfast bar, and built-in oven and microwave, making it ideal for entertaining and everyday living. Step outside to enjoy the screened-in covered patio that opens onto an expansive deck overlooking peaceful water views. The property is being offered furnished, making it ready to enjoy this summer season. The backyard is fenced and beautifully landscaped with mature trees providing plenty of shade, lush green grass, and a sprinkler system pumped directly from the lake. Seller has also made significant drainage improvements to the property, contributing to the well-maintained grounds and outdoor enjoyment. Additional exterior features include a carport with attached storage and additional parking available at the street. The property also includes an impressive 2-story boathouse featuring with an upgraded lift, automatic boat cover, durable aluminum decking on the party deck, lake stairs for easy water access, personal water craft lift, and excellent deep water even during lower lake levels. Conveniently located close to shopping, restaurants, and all that Gun Barrel City has to offer, this home is the perfect combination of comfort, recreation, and lakeside living. An added bonus located in a voluntary HOA with community park with covered pavilion for events, and children’s play scape. HOA does not restrict short-term rentals. Permitting required through Gun Barrel City for Short Term Rentals.

Investor Tools

Property Icon
$692,000
Estimated Property Value
$367,200Estimated Mortgage Balance
$370,475Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,152 /month
Positive
Cash Flow Estimate:
$1,384 /month

Interested in this property?

Debbie French

Ebby Halliday Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$434/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,748
$424,002
2025
$150,750
$273,252
$424,002
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,748
$424,002

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Leaderone Financial Corp
Conventional
$367,200
No
First
Mar 9, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$322,881
$144,119
30%
47%
$2,202/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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247 Admiral Dr | Property Details | No Agent List