205 Loon Bay Dr, Gun Barrel City, TX 75156

$187,500
5
BD
2
BA
2,064
SqFt

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List Price
$187,500
MLS#
21330313
Status
ACTIVE
Type
Single Family Residential
Subtype
Residential
Style
Detached
Year Built
1974
Construction Status
Preowned
Bedrooms
5
Full Baths
2
Acres
0.23
Living Area
2,064
County
Henderson
City
Gun Barrel City
Subdivision
Cedar Creek Lake
Number of Stories
2
Architecture Style
Detached

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.

Additional Information

HOA Fees
$136
HOA Freq
Annually
Lot Size
10,193
Acres
0.23
Lot Description
Irregular Lot, Subdivision
Interior Features
Multiple Staircases
Roof
Metal
Stories
2
Pool Features
None
Exterior
Balcony
Garage Spaces
1
Carport Spaces
2
Parking Garage
Rv/Boat Parking, Carport, Detached, Garage Faces Front, Garage, Storage
School District
Mabank Isd
Elementary School
Mabank
Middle School
Mabank
High School
Mabank
Possession
CloseOfEscrow
Community Features
Boat Facilities, Fishing, Lake, Park

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Calculator source: Real Geeks

Listing courtesy of Keila Solorzano from Atlas Real Estate of TX, LLC. Contact: