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$218,000

NAL Estimated Property Value

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

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,100 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$195.45 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

High Equity

Highlights

Interior

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

Land Information

APN3367-0001-0010-53
SubdivisionLife Scape Condo (79)
Land UseResidential
Legal DescriptionAB 59 J P BROWN SUR, LIFESCAPE CONDO, BLDG A UNIT 1
Census Tract950601
Assessed Land Value$15,000
Assessed Improvement Value$195,855
Assessment Year2025

About this property

Enjoy breathtaking views and a low-maintenance, lakefront-inspired lifestyle in this charming downstairs condo! Whether you’re starting your morning with coffee under the retractable patio awning or unwinding by the community pool, every day feels like a vacation. Inside, the cozy living room welcomes you with a wood-burning fireplace, perfect for chilly evenings. The well-appointed kitchen and dining area create an inviting space for entertaining, while the spacious primary suite offers a private retreat with an ensuite bath and ample closet space. A guest bedroom and bath provide comfort for visitors, and the extra storage on the back patio keeps all your lake-day gear organized. Forget the hassle of yard work—the HOA takes care of exterior maintenance, landscaping, and pool upkeep, so you can focus on what matters most: relaxing and making memories. No rentals allowed, ensuring a peaceful, owner-occupied community. Prime location near shopping, dining, and entertainment—this is your opportunity to embrace the Cedar Creek Lake lifestyle at an unbeatable value! Homes like this don’t last long—schedule your private showing today!

Investor Tools

Property Icon
$218,000
Estimated Property Value
$88,298Estimated Mortgage Balance
$129,702Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,308 /month
Positive
Cash Flow Estimate:
$436 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$168/month
$740/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$923
$210,855
2025
$15,000
$195,855
$210,855
No

Tax History

Year
Tax Paid
Assessed Value
2024
$923
$210,855

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texana Bank Na
Commercial
$100,000
No
First
May 5, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$88,298
$129,702
59%
41%
$600/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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849 S Gun Barrel Lane A1 | Property Details | No Agent List