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$285,000

425 Legendary Ln, Gun Barrel City, TX, 75156

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,417 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.13 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Exterior FeaturesKennel

Building Information

Year Built2004
Garage Spaces1

Land Information

APN3500-0000-0970-53
Lot Number97
SubdivisionMantle Manors (546)
Land UseResidential
Legal DescriptionLT 97 AB 488 T S MITCHELL SUR, MANTLE MANORS SEC I, LT 97, A/220
Census Tract950603
Assessed Land Value$25,000
Assessed Improvement Value$298,720
Assessment Year2025

About this property

Welcome to 425 Legendary Lane in Gun Barrel City, Texas! Conveniently located just one mile from Cedar Creek Lake—one of the largest lakes in Texas—this home offers the perfect opportunity to enjoy lake days, boating, fishing, and the relaxed East Texas lifestyle. This inviting property provides the space and features you need, beginning with an expanded driveway that offers convenient parking and a great place to park your boat. Charming curb appeal and a covered front porch create a welcoming first impression and provide the perfect spot to enjoy a peaceful morning. A storm door adds both convenience and functionality. Inside, the open-concept living, dining, and kitchen areas create an ideal gathering space for everyday living and entertaining. Large windows fill the home with abundant natural light, while the kitchen features granite countertops, stainless steel appliances, a dedicated pantry, bar seating, and an eat-in dining area. The desirable split-bedroom floor plan offers added privacy, with the spacious primary suite situated on one side of the home. The primary bedroom includes a walk-in closet and private ensuite bath. Two secondary bedrooms are located on the opposite side and share a convenient hall bathroom. Ceiling fans throughout the home provide additional comfort. Step outside to the screened-in back porch, an ideal place to relax and enjoy your East Texas homestead. The oversized backyard offers plenty of room to spread out and includes a storage shed and pool—creating the perfect setting for summer gatherings, outdoor fun, and relaxing after a day on Cedar Creek Lake. Additional peace of mind comes with a roof replaced in 2022 and an HVAC system replaced in 2023, offering valuable updates for the next owner. Whether you are looking for a full-time home, a weekend lake retreat, or a property close to boating and fishing, 425 Legendary Lane offers comfort, convenience, and a desirable location near Cedar Creek Lake in Gun Barrel City.

Investor Tools

$128,912Estimated Mortgage Balance
$201,897Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

Interested in this property?

Raina Bryant

Fathom Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,417
$323,720
2025
$25,000
$298,720
$323,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,417
$323,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$146,301
Yes
First
Apr 20, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$128,912
$237,088
64%
39%
$878/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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425 Legendary Ln | Property Details | No Agent List