6view

Owner Contacts

$123,000

NAL Estimated Property Value

322 Channel Dr, Gun Barrel City, TX, 75156

Off Market

3 Beds

2 Bath

1,080 Sq Ft

Mobile Homes

$50.93 / sqft

Built in 1987

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

AppliancesDishwasher, Electric Range

FlooringCarpet, Linoleum

Building Information

Year Built1987

Land Information

APN4280-0000-9410-53

Lot Number941

SubdivisionTamarack Venture (936)

Land UseResidential

Legal Description941 AB 59 J P BROWN SUR, TAMARACK VENTURE LT 941, B/136 (LABEL# TEX0394214 - SERIAL# HCTXSN6734)

Census Tract950601

Assessed Land Value$30,000

Assessed Improvement Value$29,458

Assessment Year2025

About this property

Multiple Offers Received...call for highest best by Sunday July 28th at 6pm. Calling all investors and handymen! While this fixer upper near sought after Cedar Creek Lake needs some TLC it is priced accordingly. It offers a fantastic investment opportunity or a great full-time residence. The home features 3 bedrooms, 2 full baths in a split configuration with an open living, dining and kitchen. The main bathroom includes a separate tub and walk-in shower, while the guest bath offers a shower-tub combo. You'll have plenty of storage with two storage sheds on the property. The backyard backs up to a creek, ensuring you will never have neighbors behind you. The community provides excellent perks, including a swimming pool, playground, fishing pier, and boat launch. Located in the desirable Mabank ISD, the property is extremely convenient to shopping, restaurants, and entertainment, with an easy commute to Dallas-Ft. Worth. Don't miss this chance !

Investor Tools

$123,000

Estimated Property Value

$0Estimated Mortgage Balance

$123,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$738 /month

Positive

Cash Flow Estimate:

$246 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$73/month

$75/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$256

$59,458

2025

$30,000

$29,458

$59,458

Yes (2024)

Tax History

Year

Tax Paid

Assessed Value

2024

$256

$59,458

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$123,000

100%

$0/mo

Learn About the Market: Opportunity in Texas

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 This Area