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$162,500

326 Schooner Road, Gun Barrel City, TX, 75156

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,354 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.01 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal
FlooringCarpet, Laminate

Building Information

Year Built2010
Garage Spaces1

Land Information

APN2930-0010-0010-53
Lot Number1
SubdivisionHarbor Point #1 (820)
Land UseResidential
Legal DescriptionLT 1 AB 1017 L STOVER SUR, HARBOR POINT #1, BLK 10 LT 1
Census Tract950604
Assessed Land Value$18,000
Assessed Improvement Value$253,527
Assessment Year2025

About this property

Completely rehabbed & updated 2010 built home on large corner lot in the desirable Harbor Point neighborhood in Gun Barrel City. You can even see the Cedar Creek lake from the front yard! Owner finance with at least $20,000 down if your bank financing is unavailable. Fresh interior and exterior paint. Stainless steel appliances. New outside AC. New wood laminate flooring in living room. New carpet in bedrooms. New light fixtures, plumbing fixtures, hardware and toilets. New exterior doors and garage door. The home is like-new including a new perimeter wood fence.

Investor Tools

Property Icon
$271,527
Estimated Property Value
$0Estimated Mortgage Balance
$156,537Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,629 /month
Positive
Cash Flow Estimate:
$543 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$212/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,189
$271,527
2025
$18,000
$253,527
$271,527
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,189
$271,527

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$125,922
No
First
Oct 25, 2021
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,990
$156,537
57%
42%
$755/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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326 Schooner Road | Property Details | No Agent List