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$40,000

407 Legendary Lane, Gun Barrel City, TX, 75156

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

A total of 4 lots with an approx. total of 1.27 acres. Great opportunity to build a home with plenty of room around you or an excellent option to build several investment homes. Located in the heart of Gun Barrel City close to shopping, restaurants, entertainment and in Mabank ISD. The subdivision also boasts a nice community park with pavilion and boat ramp for easy access to Cedar Creek Lake. These lots are zoned to be able to use as business or residential use. Verify with the Gun Barrel City as to possible business uses.

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$200/month
5.947%

Learn About the Market: Opportunity in Texas

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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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407 Legendary Lane | Property Details | No Agent List