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$185,000

NAL Estimated Property Value

849 S Gun Barrel Lane A1, Gun Barrel City, TX, 75156

$215,660 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,100 Sq Ft
price_per_sqft$181.82 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave
FlooringWood

Land Information

APN3367-0001-001A-53
SubdivisionLife Scape Condo (79)
Land UseResidential
Legal DescriptionAB 59 J P BROWN SUR, LIFESCAPE CONDO, BLDG A UNIT 1 (BOATSLIP #9 ONLY)
Census Tract950601
Assessed Improvement Value$4,000
Assessment Year2025

About this property

Wake up to water views and live every day like you're on vacation! This ground floor condo offers a front row seat to Cedar Creek Lake living without the up keep. Picture yourself sipping morning coffee beneath your retractable awning or cooling off in the sparkling community pool just steps away. With no yard work or exterior maintenance to worry about your weekends are officially yours again. Inside, cozy meets functional with living, kitchen and dining areas flowing into each other. Just off the living room you will find a covered patio with excellent views of Cedar Creek Lake. The spacious primary suite is your private escape with its own ensuite bath and generous closet space. The primary bedroom has its own set of glass doors leading out to the patio. The guest bedroom and guest bath provide an additional place for family or friends to unwind and relax in their own space. Need a place for your lake toys or patio extras? You’ve got a private outdoor storage closet ready to go. And here's the best part: this peaceful, owner occupied community doesn’t allow short-term rentals, so you’ll always feel right at home. Whether you're looking to downsize, snag a second home or just simplify life, this condo delivers unbeatable value in a location close to shopping, dining, and fun. Come see why life is better by the lake! Schedule your private tour today!

Investor Tools

Property Icon
$185,000
Estimated Property Value
$0Estimated Mortgage Balance
$185,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$215,660
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$79/month
$740/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18
$4,000
2025
N/A
$4,000
$4,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18
$4,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$185,000
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.

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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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849 S Gun Barrel Lane A1 | Property Details | No Agent List