
123 Cottonwood Trail Gun Barrel City, TX 75156
Estimated payment $4,193/month
Highlights
- Lake Front
- Boat Slip
- Open Floorplan
- Docks
- Gated Parking
- Vaulted Ceiling
About This Home
Stunning 5-bedroom, 2-bath lake home is fully furnished and move-in ready! With over 189 feet of water frontage, two boat houses, and breathtaking open water views, this property is a lake lover’s dream. Located on a protected channel offering more protection while being just moments from the action. The spacious .32-acre lot provides ample room for outdoor entertaining, and the 2-car garage with epoxy floors can even be converted into additional sleeping space. Short-term rental friendly, this home offers endless possibilities—whether as a full-time residence, vacation retreat, or income-producing property. Conveniently located near shopping, dining, and just one hour from Dallas! Don't miss this incredible opportunity! Many recent upgrades including a new roof in 2023 and seawall work done in 2024.
Listing Agent
Ebby Halliday Realtors Brokerage Phone: 903-340-8590 License #0776835 Listed on: 03/25/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,669
Year Built
- Built in 1968
Lot Details
- 0.32 Acre Lot
- Lake Front
- Gated Home
- Stone Retaining Walls
- Chain Link Fence
- Aluminum or Metal Fence
- Many Trees
HOA Fees
- $8 Monthly HOA Fees
Parking
- 2 Car Garage
- 4 Carport Spaces
- Front Facing Garage
- Single Garage Door
- Driveway
- Gated Parking
- Additional Parking
Home Design
- Traditional Architecture
- Shingle Roof
- Composition Roof
Interior Spaces
- 2,600 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Vaulted Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Living Room with Fireplace
Kitchen
- Eat-In Kitchen
- Electric Range
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Boat Slip
- Docks
Schools
- Mabank Elementary School
- Mabank High School
Utilities
- Central Heating and Cooling System
Community Details
- Association fees include all facilities
- Lakeview Acres Association
- Lakeview Acres Sub Subdivision
Listing and Financial Details
- Legal Lot and Block 8 / 13
- Assessor Parcel Number 32950013008053
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 |
---|---|---|---|---|
2024 | $9,621 | $694,803 | $416,250 | $278,553 |
2023 | $9,439 | $678,279 | $416,250 | $262,029 |
2022 | $14,871 | $623,610 | $416,250 | $207,360 |
2021 | $3,850 | $216,180 | $64,750 | $151,430 |
2020 | $3,786 | $198,050 | $64,750 | $133,300 |
2019 | $3,508 | $177,730 | $64,750 | $112,980 |
2018 | $562 | $174,030 | $64,750 | $109,280 |
2017 | $1,764 | $171,880 | $64,750 | $107,130 |
2016 | $3,401 | $171,880 | $64,750 | $107,130 |
2015 | $1,770 | $171,880 | $64,750 | $107,130 |
2014 | $1,899 | $171,880 | $64,750 | $107,130 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/02/2025 06/02/25 | Price Changed | $625,000 | -3.8% | $240 / Sq Ft |
03/25/2025 03/25/25 | For Sale | $650,000 | +17.1% | $250 / Sq Ft |
04/28/2021 04/28/21 | Sold | -- | -- | -- |
03/25/2021 03/25/21 | Pending | -- | -- | -- |
03/05/2021 03/05/21 | For Sale | $555,000 | -- | $213 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Vendors Lien | -- | None Available | |
Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $365,000 | New Conventional |
Similar Homes in the area
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20881686

APN: 3295-0013-0080-53
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