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$200,000

849 S Gun Barrel Lane B8, Gun Barrel City, TX, 75156

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,100 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$181.82 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony

Land Information

APN3367-0002-008A-53
SubdivisionLife Scape Condo (79)
Land UseResidential
Legal DescriptionAB 59 J P BROWN SUR, LIFESCAPE CONDO, BLDG B UNIT 8 (BOATSLIP #3 ONLY)
Census Tract950601
Assessed Improvement Value$4,000
Assessment Year2025

About this property

Upstairs waterfront condo with a great view of Cedar Creek Lake! Comes with boat slip so you can be on the water in matter of minutes. 2 bedroom, 2 bath unit has plenty of room to create an awesome lake get away or full time residence. Balcony stretches the entire length of the home and has access from either the living room or the primary bedroom. The community has an inviting pool to cool off the hot summer days and assigned covering parking.

Investor Tools

Property Icon
$183,000
Estimated Property Value
$0Estimated Mortgage Balance
$183,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
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
$78/month
$750/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
$183,000
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.

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 B8 | Property Details | No Agent List