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$183,000

253 Lake Shadows Circle, Gun Barrel City, TX, 75156

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,792 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$72.54 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesOther
FlooringOther

Building Information

Year Built2008
Garage Spaces1

Land Information

APN3287-0000-0440-50
Lot Number43,45
SubdivisionLake Shadows (82)
Land UseVacant Land
Legal DescriptionLTS 43-45 AB 482 G MARTINEZ SUR, LAKE SHADOWS SEC 1, LTS 43-45, D/81---(M/H LABEL# TEX0461865, TEX0461866 & SERIAL# TXFLN12A1
Census Tract950603
Assessed Land Value$15,000
Assessed Improvement Value$73,147
Assessment Year2025

About this property

Nice 3 bedroom 2 bathroom doublewide manufactured home on an acre in the heart of Gun Barrel City near Cedar Creek Lake! Just off the beaten path but out of the city limits with lots of room to grow. Utilities and room in place for RV, additional mobile home, or tiny home. Metal roof, vinyl siding, 2 car carport, wood burning fireplace, nice kitchen, 2 living areas, dining area, 1,792sqft. Large 2-person jacuzzi tub in the master bathroom, large covered deck out back. In decent shape although it could use some TLC. Located in Mabank ISD, near lots of shopping & dining that Gun Barrel City has to offer.

Investor Tools

Property Icon
$183,000
Estimated Property Value
$0Estimated Mortgage Balance
$183,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,098 /month
Positive
Cash Flow Estimate:
$366 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$107/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$372
$88,147
2025
$15,000
$73,147
$88,147
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$372
$88,147

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$183,000
100%
0%
$0/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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253 Lake Shadows Circle | Property Details | No Agent List