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Days70Days on Market
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$389,000

$399,000

424 Lagoon Dr, Gun Barrel City, TX, 75156

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,549 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$251.13 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Electric Range

Exterior

Exterior FeaturesOther

Building Information

Year Built1999
Garage Spaces2

Land Information

APN2930-0013-0120-53
Lot Number9,14
SubdivisionHarbor Point #1 (820)
Land UseResidential
Legal DescriptionLTS 9-14 AB 1017 L STOVER SUR, HARBOR POINT #1, BLK 13 LTS 9-14, A/294
Census Tract950604
Assessed Land Value$108,000
Assessed Improvement Value$321,155
Assessment Year2025

About this property

Rare property with land, pool & lake view. Preserve the additional land for privacy or explore the potential for future new construction. This opportunity is increasingly hard to find in the Cedar Creek area without paying the high property taxes to be on the lake. This beautifully landscaped home is at the heart of the lake. 3-bedroom, 2 bath Has large detached 2 car garage and 1 car carport. Great waterview from 2nd story. Living has high ceiling with fireplace. 2 bedrooms and office downstairs, large master up. Beautiful in ground pool, circle drive, tiered decking, covered stg and storage building. Property is approx .74 acre and has 2 additional lots available for purchase. Located in wonderful waterfront area with pavilion & swimming park. Mabank ISD.

Investor Tools

$56,624Estimated Mortgage Balance
$338,821Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

Interested in this property?

Buck Gentry

Coldwell Banker American Dream

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$213/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$584
$293,021
2025
$108,000
$321,155
$429,155
No

Tax History

Year
Tax Paid
Assessed Value
2024
$584
$293,021

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens State Bank
Conventional
$86,000
No
First
Nov 28, 2011
Jan 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,624
$270,376
82%
14%
$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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