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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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205 Loon Bay Dr , Gun Barrel City, TX 75156
$178,900
Est. Payment: $921.05/mo
5 Bed
2 Bath
2064 Sqft
Status: active | Days on site: 39
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Investment opportunity just minutes from Cedar Creek Lake! This property sits on two lots in Loon Bay subdivision and offers flexibility for investors, short-term rental potential, or multi-generational living. The property spans two lots and features two storage buildings, covered parking, an additional carport, and an attic that can serve as a versatile flex room for a game room, hobby space, or additional storage. The home features separate entrances for each level, making it ideal for rental income or Airbnb (buyer to verify any applicable restrictions). Residents of Loon Bay enjoy access to community boat ramps and a dock, making lake recreation convenient. Property is being sold as-is. Whether you're looking for your next investment, vacation rental, or a home with endless potential, this property is ready for your vision. Please note: Long-term rentals are not permitted per community restrictions.

Highlights

Listed by Keila Solorzano , Atlas Real Estate of TX, LLC , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.23

HOA Fee

136 Annually

Year Built

1974

County

Henderson

Neighborhood

Cedar Creek Lake

School District

Mabank ISD

Listing ID

21330313

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dishwasher, Refrigerator
Air Cond:Central Air
Fireplaces:
Other:
  • Additional:Multiple Staircases, ADU, Master on Main

Exterior Features

Lot:Interior Lot,Subdivision,Less Than .5 Acre (not Zero)
Roof:Metal
Others:
  • Additional:Balcony, Preowned
Parking Features:Boat,Carport,Detached Carport,Garage,Garage Faces Front,Storage
Principal Interest
$921
Taxes
$114
HOA
$136

Home Price

$178,900

Loan Details

30 yrs
6.674%

Down Payment

20%
$35,780
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$921.05

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $921.05 $114.05 $136.00 $1,171.10
Yearly $11,052.66 $1,368.59 $1,632.00 $14,053.24
Total $331,579.76 $41,057.55 $48,960.00 $421,597.31

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Gun Barrel City, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T23:23:04.180Z

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