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$297,000

NAL Estimated Property Value

704 Legendary Ln, Gun Barrel City, TX, 75156

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,565 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.72 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater
FlooringVinyl

Exterior

Exterior FeaturesRV Hookup

Building Information

Year Built1993
Roof Type105
Garage Spaces2

Land Information

APN3095-0005-0260-53
Lot Number26,28
SubdivisionHoliday Club (124)
Land UseResidential
Legal DescriptionLTS 26-28 AB 61 J M BERTRAN SUR, HOLIDAY CLUB ESTS, BLK 5 LTS 26-28
Census Tract950603
Assessed Land Value$45,000
Assessed Improvement Value$238,462
Assessment Year2025

About this property

NEW ROOF AND NEW GUTTERS DEC. 2025 Welcome to Cedar Creek Lake, this home comes with a huge fenced in yard on multiple lots, neighborhood boat ramp for lake access, RV carport, and a 30 x 40 shop with vehicle lift! If you don't have an RV, make it covered parking for your boat. If you do have an RV, there is an electric hook up and water access from the shop. 220V outside in RV Port and inside shop. The house comes with 3 lots totaling over a half of an acre. Located close to Main St. shopping, restaurants, and also located in Mabank ISD. The second living area and primary bedroom and bath were added after the original build, so there's plenty of room to make two living or sitting spaces. The back of the house has a covered porch perfect for relaxing. The yard is beautifully landscaped and the fully fenced in area allows plenty of safe running room for little ones or fur babies! Two driveways allow for plenty of overflow parking for those family get togethers. This well cared for off water home hits all the buttons if you are looking for full time or a weekend retreat with private neighborhood lake access.

Investor Tools

Property Icon
$297,000
Estimated Property Value
$201,314Estimated Mortgage Balance
$95,686Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,866 /month
Positive
Cash Flow Estimate:
$622 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$202/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$938
$236,027
2025
$45,000
$238,462
$283,462
No

Tax History

Year
Tax Paid
Assessed Value
2024
$938
$236,027

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trinity Oaks Mortgage Llc
Conventional
$227,525
No
First
Jun 12, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,314
$95,686
32%
68%
$1,365/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.

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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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704 Legendary Ln | Property Details | No Agent List