NOT LISTED FOR SALE

131 Lakeway Ln Gun Barrel City, TX 75156

Estimated Value: $343,000 - $539,000

3 Beds
1.5 Baths
1,008 Sq Ft
$437/Sq Ft Est. Value

Last Sold October 13, 2020

Current estimated payment $2,856/month

6 Days on Market

Highlights

  • Boat Dock
  • Boat Ramp
  • Lake View
  • Accessory Dwelling Unit (ADU)
  • RV or Boat Parking
  • 0.82 Acre Lot

About This Home

As of October 2020

Rare, almost one acre lot with a charming, 2 bedrm 1008 sf cabin with sunroom, plus guest home with 1 bedrm, no closet. Enjoy water views in summer and a crackling fire in winter, firewood included! Make pecan pies for Thanksgiving from pecans that you harvest from your 7 mature pecan trees or invite your in-laws to stay in the detached studio guest house. Over-sized two car garage with workshop. If you prefer time on the water, the POA has a private boat launch, pavilion, and fishing pier for hours of fun. This jewel has a newer roof, nice appliances and has been freshly painted. There's plenty of covered parking for your Boat or RV! Two free-standing metal carports for your boats or RVs.

Last Agent to Sell the Property

Kim Roulias

Kim Roulias Realty License #0511565 Listed on: 08/20/2020

Last Buyer's Agent

Kim Roulias

Kim Roulias Realty License #0511565 Listed on: 08/20/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,406

Year Built

  • Built in 1968

Lot Details

  • 0.82 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Interior Lot
  • Many Trees
  • Large Grassy Backyard

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2-Car Garage with one garage door
  • 4 Carport Spaces
  • Oversized Parking
  • Workshop in Garage
  • Rear-Facing Garage
  • RV or Boat Parking

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Lake House
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Brick Fireplace
  • Window Treatments
  • Vinyl Flooring
  • Lake Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Boat Ramp
  • Covered Patio or Porch
  • Outdoor Living Area
  • Outdoor Storage

Additional Homes

  • Accessory Dwelling Unit (ADU)
  • 384 SF Accessory Dwelling Unit

Schools

  • Lakeview Elementary School
  • Mabank Middle School
  • Mabank High School

Utilities

  • Zoned Heating and Cooling
  • Cooling System Mounted In Outer Wall Opening
  • Cooling System Mounted To A Wall/Window
  • Window Unit Cooling System
  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 240
  • Assessor Parcel Number 26750000240053
  • $1,347 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities, maintenance structure, management fees
  • Eastwood Island HOA, Phone Number (214) 458-3538
  • Eastwood Islands Subdivision
  • Mandatory home owners association
  • Greenbelt

Recreation

  • Boat Dock
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,406

Year Built

Built in 1968

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Traditional
  • Structural Style: Lake House, Single Detached, Vacation Home
  • Unit Levels: One
  • Restrictions: Deed
  • Accessory Dwelling Type: Guest Quarters
  • Security: Security System, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Water Body Name: Cedar Creek
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit Sq Ft: 384
  • Accessory Unit YN: Yes
  • Lake Pump Y N: No
  • Ratio Current Price By Building: 178.57143
  • Special Features: None
  • Year Built: 1968

Interior Features

  • Square Footage: 1008.00
  • Windows: Window Coverings
  • Fireplace Features: Brick, Wood Burning
  • Flooring: Vinyl
  • Appliances: Dishwasher, Electric Range
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 2

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Easements: None
  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Community Features: Boat Ramp, Community Dock, Greenbelt, Other, Park, Playground
  • Fencing: Chain Link, Wood
  • Roof: Composition
  • Construction Materials: Vinyl Siding
  • Exterior Features: Covered Patio/Porch, Outdoor Living Center, RV/Boat Parking, Storage
  • Waterfront: No
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Cooling System: Ceiling Fan(s), Wall Unit(s), Wall/Window Unit(s), Window Unit(s), Zoned
  • Garage Spaces: 2
  • Carport Spaces: 4
  • Total Covered Spaces: 6
  • Parking Features: 2-Car Single Doors, Garage, Garage Faces Rear, Oversized, Workshop in Garage
  • Attached Garage YN: No
  • GarageYN: Yes

Utilities

  • Heating: Floor Furnance, Wall Furnace, Zoned
  • Utilities: City Sewer, City Water, Concrete

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Maintenance Structure, Management Fees
  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Eastwood Island
  • HOA Management Company: 2144583538

Schools

  • School District: Mabank ISD
  • Elementary School: Lakeview
  • High School: Mabank
  • School District: Mabank ISD
  • Elementary School: Lakeview
  • Junior High School: Mabank
  • High School: Mabank

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: .5 to < 1 Acre
  • Lot Features: Few Trees, Interior Lot, Landscaped, Lrg. Backyard Grass, Many Trees, Subdivision, Water/Lake View
  • Lot Size Units: Acres
  • Lot Size Area: 0.8200
  • Parcel Number: 26750000240053
  • Lot Size Acres: 0.8200
  • Lot Size Sq Ft: 35719.2000

Green Features

  • Efficiency: Appliances
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1968
  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 1347
  • Tax Lot: 240

MLS Schools

  • MiddleOrJuniorSchool: Mabank
  • Elementary School Name: Lakeview
  • High School Name: Mabank

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 13, 2020
Sold by
Martin Billy R and Martin Brenda G
Bought by
Emrick Joshua R and Emrick Jeanette R
Seller's Agent
Kim Roulias
Kim Roulias Realty
Buyer's Agent
Kim Roulias
Kim Roulias Realty
List Price
$179,900
Current Estimated Value
$439,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.13%
Original Mortgage
$162,000
Outstanding Balance
$145,466
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$277,196

Purchase Details

Closed on
Jan 23, 2003
Sold by
Scroggins James F
Bought by
Martin Billy R and Martin Brenda G

Purchase Details

Closed on
Oct 1, 1997
Sold by
Wortham Don
Bought by
Martin Billy R and Martin Brenda G

Purchase Details

Closed on
Oct 1, 1994
Sold by
Mckay Don
Bought by
Martin Billy R and Martin Brenda G
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Emrick Joshua R -- East Texas Title Co
Martin Billy R -- --
Martin Billy R -- --
Martin Billy R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emrick Joshua R $162,000
Previous Owner Martin Billy R $68,000
Previous Owner Martin Billy R $57,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold -- -- --
08/26/2020 08/26/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $179,900 -- $178 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

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 $5,406 $504,394 $30,000 $474,394
2023 $417 $30,000 $30,000 $0
2022 $3,812 $154,330 $15,000 $139,330
2021 $1,844 $103,580 $3,000 $100,580
2020 $1,502 $98,670 $3,000 $95,670
2019 $1,410 $71,440 $3,000 $68,440
2018 $271 $66,240 $3,000 $63,240
2017 $682 $65,000 $3,000 $62,000
2016 $1,286 $65,000 $3,000 $62,000
2015 $680 $65,000 $3,000 $62,000
2014 $1,275 $65,000 $3,000 $62,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14417271

North Texas Real Estate Information Systems (NTREIS)

APN: 2675-0000-2400-53