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B+
NoAgentList RatingHow are grades calculated? Info

$185,000

849 S Gun Barrel Lane G5, Gun Barrel City, TX, 75156

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,100 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$145.45 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringCarpet

Exterior

Exterior FeaturesBalcony

Land Information

APN3367-0007-0050-53
SubdivisionLife Scape Condo (79)
Land UseResidential
Legal DescriptionAB 59 J P BROWN SUR, LIFESCAPE CONDO, BLDG G UNIT 5
Census Tract950601
Assessed Land Value$15,000
Assessed Improvement Value$135,225
Assessment Year2025

About this property

This condo sits on the lake with boat docks, lake views & community pool for the hot summer months. Inside Luxury Vinyl Plank throughout with carpet in bedrooms. Walk into condo & dining room is immediately to your right when you walk in with ample light pouring in. Kitchen is just off of it featuring sleek black cabinetry with complimentary granite counter tops, stainless steel appliances + ample storage space. Living room is a little farther in centered around the stone fireplace with views of lake framing it. Utility closet in living room. Master bedroom is off the back left of the condo split for privacy with stunning views of the lake throughout your bedroom windows, his & her closets, spacious counter & granite countertops + sleek black cabinetry are continued throughout. Front left of condo has a bedroom with WIC & guest bath. Oversized covered patio perfect to sit out on to enjoy your coffee or take in the scenery & peaceful lake views from the comfort of your condo.

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)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$128/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$608
$150,225
2025
$15,000
$135,225
$150,225
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$608
$150,225

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.

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 G5 | Property Details | No Agent List