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$218,000

NAL Estimated Property Value

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

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,100 Sq Ft
price_per_sqft$95.23 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool

Land Information

APN3367-0007-0030-53
SubdivisionLife Scape Condo (79)
Land UseResidential
Legal DescriptionAB 59 J P BROWN SUR, LIFESCAPE CONDO, BLDG G UNIT 3
Census Tract950601
Assessed Land Value$15,000
Assessed Improvement Value$195,855
Assessment Year2025

About this property

If you have been looking for a GROUND FLOOR, GREAT CONDITION Condo, with a BOAT SLIP, for a reasonable price, this one is for you! This 2 bedroom 2 bath corner unit has a covered carport by the front door and several open parking spaces for your guests. Just across from the pool, and close to your own boat slip that currently has a two PWC deck lift which can be modified to fit a boat with electric lift Come see this gem that is waiting for you to call your home.

Investor Tools

Property Icon
$218,000
Estimated Property Value
$0Estimated Mortgage Balance
$218,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,308 /month
Positive
Cash Flow Estimate:
$436 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$123/month
$2,268/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$384
$151,535
2025
$15,000
$195,855
$210,855
No

Tax History

Year
Tax Paid
Assessed Value
2024
$384
$151,535

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$218,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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 | Property Details | No Agent List