Price Reduction
Address
205 Loon Bay Drive, Gun Barrel City, TX
Price
$ 159,900
Property Attributes
- MLS#21330313
- TypeSingle Family
- Listing Status Active
- CountyHENDERSON
- CityGun Barrel City
- NeighborhoodCedar Creek Lake
- Zip75156
- StyleSingle Family Residence
- Year Built1974
- Price$ 159,900
- Bedrooms5
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2064
- Lot Size0.234 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property 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.
| Elementary School |
|---|
| Mabank Elementary School |
| Price History | |
|---|---|
| 7/18/2026 | Listed $187,500 |
| 8/12/2026 | 5$178,900 |
| 8/29/2026 | 4$172,800 |
| 9/14/2026 | 8$159,900 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Utilities | City Sewer,City Water,Electricity Available |
| Possession | Closing/Funding |
| Roof | Metal |
| Appliances | Dishwasher,Refrigerator |
| Assoc Fees | 136 |
| Number of Garage Spaces | 1 |
| Restrictions | Other |
| School District | Mabank ISD |
| HOA Fee Includes | Full Use of Facilities |
| Year Built | 1974 |
| Community Features | Boat Ramp,Fishing,Lake,Park |
| Levels | Two |
| Will Subdivide | No |
| Property Subtype | Single Family Residence |
| Subdivision Name | Cedar Creek Lake |
| Transaction Type | For Sale |
| Carport Spaces | 2 |
| County | Henderson |
| Property Type | Residential |
| Association Fee Frequency | Annually |
| Year Built Details | Preowned |
| HOA Type | Mandatory |
| Full Baths | 2 |
| Status | Active |
| Directions | TURN INTO LOON BAY SUBDIVISION THEN TURN LEFT AND PROPERTY IS ON THE LEFT. |
| City | Gun Barrel City |
| Elementary School Name | Mabank |
| High School | Mabank |
| Elementary School | Mabank |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21330313 |
| Standard Status | Active |
| Junior High School | Mabank |
| Listing Terms | Cash |
Interior Features
| Interior Features | Multiple Staircases |
|---|---|
| Dining Areas | 2 |
| Living Areas | 2 |
| Room Count | 3 |
| Lock Box Type | Combo |
| Total Bedrooms | 5 |
| Total Baths | 2 |
| Laundry Features | Dryer Hookup,Washer Hookup |
Exterior Features
| Exterior Features | Balcony |
|---|---|
| Lot Features | Interior Lot,Subdivision |
| Fencing | Chain Link |
| Parking Features | Boat,Carport,Detached Carport,Garage,Garage Faces Front,Storage |
| Lot Size | Less Than .5 Acre (not Zero) |
| Covered Spaces | 4 |
| Lot Size Area | 0.2340 |
| Lot Size Units | Acres |
| Structural Style | Single Detached |
| Garage Y/N | Yes |
| Lot Size Square Feet | 10193.0400 |
| Lot Size Acres | 0.2340 |
| Attached Garage Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 75156
Price
Year Built
Visits
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
