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$389,000

$399,000

402 Admiral Dr, Gun Barrel City, TX, 75156

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,280 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$303.91 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range

Exterior

Exterior FeaturesOther

Building Information

Year Built1997
Roof Type105
Garage Spaces1

Land Information

APN2930-0018-0160-53
Lot Number16
SubdivisionHarbor Point #1 (820)
Land UseResidential
Legal DescriptionLT 16 AB 1017 L STOVER SUR, HARBOR POINT #1, BLK 18 LT 16, A/294
Census Tract950604
Assessed Land Value$15,000
Assessed Improvement Value$266,784
Assessment Year2025

About this property

This exquisite property, mere steps from Cedar Creek Lake, boasts breathtaking views and an unparalleled location. Spanning over 0.63 acres across three lots, it offers abundant space and comfort. The main residence features three bedrooms and two full bathrooms, while the guest house includes one bedroom and one bathroom. Meticulously maintained, the home seamlessly blends modern style with practical comfort. Inside, an oversized living area with tall ceilings flows effortlessly into a spacious dining area and kitchen. This open-concept space serves as the heart of the home, perfect for quiet mornings, relaxing evenings, and effortless entertaining. The thoughtfully designed split-bedroom floor plan ensures privacy for the primary suite, creating a tranquil retreat. Additional bedrooms provide flexibility for guests, children, a home office, or creative space, accommodating various lifestyle needs. Generous closets are a welcome feature throughout the home. The guest house on the property includes one bedroom, one bathroom, a kitchenette, and a well-sized living area, ideal for weekend guests, an office, or additional space for children. The backyard is fully fenced, offering a secure area for pets or children, and includes a charming 12 x 16 storage or gardening shed with electricity, perfect for hobbies, tools, or extra storage. The lot is adorned with tall trees providing shade, a circular driveway, a carport, and ample space for a garden or overflow parking. Conveniently located near the POA park with access to Cedar Creek Lake, the property is situated in the desirable Gun Barrel City neighborhood. It is just minutes from shopping, dining, schools, and medical facilities, with easy highway access for a quick 60-minute commute to the metroplex. The property is located within the Mabank Independent School District.

Investor Tools

$0Estimated Mortgage Balance
$281,784Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

Interested in this property?

Valerie Bahm

KW-Cedar Creek Lake Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$217/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,193
$281,784
2025
$15,000
$266,784
$281,784
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,193
$281,784

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$281,784
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.

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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402 Admiral Dr | Property Details | No Agent List