131 Lakeway Ln, Gun Barrel City, TX 75156

$788,000
6
BD
6
BA
4,300
SqFt

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List Price
$788,000
MLS#
21337766
Status
ACTIVE
Type
Single Family Residential
Subtype
Residential
Style
Traditional, Detached
Year Built
2024
Bedrooms
6
Full Baths
4
Half Baths
2
Acres
1.02
Living Area
4,300
County
Henderson
City
Gun Barrel City
Subdivision
Eastwood Islands
Number of Stories
1
Architecture Style
Traditional, Detached

Property Description

**Luxury Lake Estate: Multiple Homes & Income Opportunities!** Rare opportunity to own an exceptional gated estate in the Eastwood Islands community on Cedar Creek Lake. With a combined total of 4300 sq ft of living space, this unique property includes a custom-built main home (2024) 3B and 2.5B, a guest cottage 2B & 1.5B, an efficiency home with a workshop, on 2 lots —ideal for multi generational living, guests, rental income, or a private family compound. The main home features vaulted ceilings, hand-scraped hardwood and tile floors, and an open-concept layout. The spacious family room offers a floor-to-ceiling stone fireplace, partial lake views, and abundant natural light. The chef's kitchen includes a large island, walk-in pantry, stainless steel appliances, and ample workspace. The private primary suite features tray ceilings and a spa-like bath with a walk-in shower, claw foot soaking tub, dual vanities, and walk-in closet. The split-bedroom floor plan includes two bedrooms connected by a Jack-and-Jill bath. A dedicated office with Cat 6 wiring, double doors, and backyard access is ideal for working from home. The over sized laundry room is conveniently located off the attached three-car garage. Enjoy the wraparound porch and mature pecan and pear trees. Included is a 1,084-square-foot guest cottage with a full Kitchen and living areas, a screened porch, fireplace —perfect for guests or short- or long-term rental income or parent home. A third residence offers approximately 800 square feet of efficiency-style living space with its own yard, workshop, and peek-a-boo lake views, providing additional flexibility or rental potential. Eastwood Islands residents enjoy a private boat ramp, fishing dock, parks, and Cedar Creek Lake access, all just minutes from shopping, dining, and entertainment. This one-of-a-kind property offers luxury, flexibility, and exceptional investment potential. See Eastwood Island POA website for community rental policies.

Additional Information

HOA Fees
$125
HOA Freq
Annually
Amenities
Fireplace
Lot Size
44,344
Acres
1.02
Lot Description
Back Yard, Lawn, Subdivision
Interior Features
Double Vanity, High Speed Internet, Kitchen Island, Pantry, Vaulted/Cathedral Ceilings, Wired for Data, Walk-In Closet(s), Wired Audio
Flooring
Carpet, Hardwood, Tile
Foundation
Slab
Roof
Shingle
Stories
1
Pool Features
None
Fireplaces
1
Fireplace Type
Raised Hearth, Stone
Garage Spaces
3
Carport Spaces
2
Parking Garage
Additional Parking, Paved, Covered, Carport, Detached, Driveway, Garage, Golf Cart Garage, Garage Door Opener, Gated, Shared Driveway
School District
Mabank Isd
Elementary School
Mabank
Middle School
Mabank
High School
Mabank
Possession
CloseOfEscrow
Community Features
Boat Facilities

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Calculator source: Real Geeks

Listing courtesy of Val McGilvra from Cedar Creek Lake Real Estate. Contact: