$800,000
PENDING $25K PRICE DROP

125 Cottonwood Trail Gun Barrel City, TX 75156

Estimated payment $5,136/month

Total Views 1,589
3 Beds
3 Baths
1,894 Sq Ft
$422 Price per Sq Ft

Highlights

  • Lake Front
  • Fishing
  • Open Floorplan
  • Docks
  • Above Ground Pool
  • Deck

About This Home

Lakefront Gem with Dual Downstairs Ensuites, Boathouse, Pool & Stunning Views!

This beautifully maintained 3-bedroom, 3-bath home showcases breathtaking lake views through a wall of windows that fill the living area with natural light. Cozy up by the fireplace on cooler nights or step outside to the expansive deck—perfect for relaxing or entertaining with panoramic views of the water.

Each bedroom features its own private ensuite bath—including two on the main level—ideal for guests or multigenerational living. The updated kitchen includes sleek GE Profile appliances, making meal prep a pleasure whether you're hosting a crowd or enjoying a peaceful morning.

Thoughtful updates include a newer roof, HVAC, water heater, and more. Bring your boat—there’s a private boathouse offering both convenience and protection for your watercraft. Take a dip in the pool, and for just $75 a year, join the neighborhood's voluntary POA to enjoy access to the community boat ramp.

Located in the heart of town, you’re just minutes from shopping and dining. Whether you're looking for a full-time residence, weekend retreat, or income opportunity (short-term rentals allowed), this lakefront property checks all the boxes.

Schedule your private showing today!

Listing Agent

Katherine Kanelos

Ebby Halliday Realtors Brokerage Phone: 903-340-8590 License #0831257 Listed on: 06/13/2025

Ebby Halliday Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,612

Year Built

  • Built in 2008

Lot Details

  • 0.27 Acre Lot
  • Lake Front
  • Chain Link Fence
  • Landscaped
  • Irrigation Equipment
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,894 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Electric Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Above Ground Pool
  • Fence Around Pool

Outdoor Features

  • Docks
  • Deck
  • Covered patio or porch

Schools

  • Mabank High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 7 / 13
  • Assessor Parcel Number 32950013007053

Community Details

Overview

  • Association fees include all facilities
  • Lakeview Acres Poa
  • Lakeview Acres Subdivision

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,612

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • OWNERNAME: Brian Farrell & Patricia Paull
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Unit Levels: Two
  • Security: Security System, Smoke Detector(s)
  • Attribution Contact: 903-340-8590
  • Co List Office Mls Id: EBBY76
  • Structure Type: House
  • Special Features: VirtualTour

Interior Features

  • Square Footage: 1894.0
  • Fireplace Features: Wood Burning
  • Interior Amenities: Cathedral Ceiling(s), Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, High Speed Internet, Kitchen Island, Multiple Master Suites, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Appliances: Convection Oven, Dishwasher, Electric Range, Disposal, Vented Exhaust Fan
  • Basement YN: No
  • Fireplaces: 1
  • Other Equipment: Irrigation Equipment

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Slab
  • Community Features: Boat Facilities, Fishing
  • Fencing: Chain Link
  • Roof: Composition
  • Exterior Features: Dock
  • Pool Features: Above Ground, Fenced, Pool
  • Waterfront: Yes
  • Patio And Porch Features: Deck, Front Porch, Covered

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s)
  • Garage Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Circular Driveway, Concrete
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central
  • Utilities: Municipal Utilities, Sewer Available, Water Available
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: All Facilities
  • Association Name: Lakeview Acres POA

Schools

  • High School: Mabank
  • Junior High Dist: Mabank ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Landscaped, Subdivision, Few Trees, Waterfront, Retaining Wall
  • Lot Size Units: Acres
  • Lot Size Area: 0.272
  • Parcel Number: 32950013007053
  • Lot Size Acres: 0.272
  • Lot Size Sq Ft: 11848.32

Building Info

  • Year Built: 2008

Tax Info

  • TaxBlock: 13
  • Tax Lot: 7
  • Tax Annual Amount: 8612.0

Multi Family

  • WaterfrontFeatures: Boat Dock/Slip, Boat Ramp/Lift Access, Lake Front, Waterfront

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $8,612 $621,928 $168,750 $453,178
2023 $8,072 $580,048 $168,750 $425,359
2022 $12,160 $528,000 $168,750 $359,250
2021 $6,297 $353,610 $70,310 $283,300
2020 $6,244 $326,660 $70,310 $256,350
2019 $5,758 $291,780 $70,310 $221,470
2018 $1,654 $271,810 $70,310 $201,500
2017 $5,300 $267,860 $70,310 $197,550
2016 $5,300 $267,860 $70,310 $197,550
2015 $3,453 $212,970 $26,250 $186,720
2014 $3,616 $212,970 $26,250 $186,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Pending -- -- --
07/07/2025 07/07/25 Price Changed $800,000 -3.0% $422 / Sq Ft
06/15/2025 06/15/25 For Sale $825,000 +10.0% $436 / Sq Ft
12/27/2021 12/27/21 Sold -- -- --
11/10/2021 11/10/21 Pending -- -- --
10/23/2021 10/23/21 For Sale $749,900 +108.9% $396 / Sq Ft
09/06/2019 09/06/19 Sold -- -- --
08/07/2019 08/07/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $359,000 +20.1% $190 / Sq Ft
09/11/2015 09/11/15 Sold -- -- --
08/11/2015 08/11/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $299,000 -- $158 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- None Available
Vendors Lien -- None Available
Vendors Lien -- Colonial Title Company
Vendors Lien -- Trinity Valley Title
Deed -- --
Vendors Lien -- None Available
Deed -- --
Vendors Lien -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $507,500 New Conventional
Previous Owner $289,000 New Conventional
Previous Owner $216,000 New Conventional
Previous Owner $11,680 Purchase Money Mortgage
Previous Owner $265,000 Unknown
Previous Owner $79,900 Purchase Money Mortgage
Previous Owner $27,300 Purchase Money Mortgage
Previous Owner $77,300 Stand Alone First
Source: Public Records

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20966616

North Texas Real Estate Information Systems (NTREIS)

APN: 3295-0013-0070-53