113 Karen Ln Gun Barrel City, TX 75156
Estimated payment $904/month
Highlights
- Boat Dock
- Paneling
- 2 Car Garage
- Traditional Architecture
- 1-Story Property
- Partially Fenced Property
About This Home
Prime Investment Opportunity Near Cedar Creek Lake! This property presents a fantastic opportunity for investors looking to unlock its potential. Located just steps away from the peaceful Cedar Creek Lake, you'll have easy access to the community boat ramp and dock—ideal for water lovers. The lot is shaded by mature trees, creating a serene, natural environment. While the property does require some work, its prime location and the surrounding area's growth make it an exciting prospect. New homes are being built nearby, suggesting strong potential for future appreciation. Lots 4, 5, 6, and 17 are also available separately and can be combined for a total of 0.8625 acres, providing even more investment options. Whether you're looking to renovate and rent, flip, or hold for long-term growth, this property offers a solid foundation for success. Don't miss the chance to invest in a property with immense potential near Cedar Creek Lake. With a bit of vision and effort, it could become your perfect lakeside retreat or a profitable rental! MLS listings 20901882 and 20896382 can be combined and sold together with this listing.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $832
Year Built
- Built in 1992
Lot Details
- 0.37 Acre Lot
- Lot Dimensions are 53x97
- Partially Fenced Property
- Chain Link Fence
- Many Trees
HOA Fees
- $6 Monthly HOA Fees
Parking
- 2 Car Garage
- Driveway
Home Design
- Traditional Architecture
- Pillar, Post or Pier Foundation
- Metal Roof
Interior Spaces
- 1,386 Sq Ft Home
- 1-Story Property
- Paneling
- Electric Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Mabank Elementary School
- Mabank High School
Utilities
- Cooling System Mounted To A Wall/Window
- No Heating
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 7,18 / B
- Assessor Parcel Number 40950002007053
Community Details
Overview
- Association fees include management
- Siesta Shores Association
- Siesta Shores Sec 01 Subdivision
Recreation
- Boat Dock
- Community Boat Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $38 | $45,745 | -- | -- |
| 2024 | $38 | $41,586 | $45,000 | $60,992 |
| 2023 | $526 | $37,805 | $45,000 | $51,999 |
| 2022 | $94 | $73,440 | $30,000 | $43,440 |
| 2021 | $556 | $36,720 | $1,300 | $35,420 |
| 2020 | $36 | $35,700 | $1,300 | $34,400 |
| 2019 | $510 | $25,820 | $1,300 | $24,520 |
| 2018 | $540 | $27,310 | $1,300 | $26,010 |
| 2017 | $530 | $26,800 | $1,300 | $25,500 |
| 2016 | $530 | $26,800 | $1,300 | $25,500 |
| 2015 | $143 | $26,800 | $1,300 | $25,500 |
| 2014 | $172 | $26,800 | $1,300 | $25,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2025 05/31/25 | Price Changed | $157,000 | +13.0% | $113 / Sq Ft |
| 04/11/2025 04/11/25 | For Sale | $138,900 | -- | $100 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20901873
APN: 4095-0002-0070-53
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