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For sale
  • $788,000

    131 Lakeway Ln, Gun Barrel City, TX 75156

    6beds
    4,300sqft
    : 
    $5,365/mo
    Get pre-qualified
    Single Family Residence
    Built in 2024
    1.02 Acres Lot
    $763,600 Zestimate®
    $183/sqft
    $10/mo HOA

    What's special

    Floor-to-ceiling stone fireplaceFishing dockPrivate boat rampWraparound porchBackyard accessCedar creek lake accessAbundant natural light
    **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.
    20 days
    |
    351
    |
    14
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Val McGilvra 0742576,

    Cedar Creek Lake Real Estate 903-418-5253,

    Renee Paull 0853624 945-427-6029,

    Cedar Creek Lake Real Estate

    Source: NTREIS,MLS#: 21337766

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      • Full bathrooms: 4
      • 1/2 bathrooms: 2
      Primary bedroom
      • Features: Ceiling Fan(s)
      • Level: First
      • Dimensions: 20 x 14
      Primary bathroom
      • Features: Bidet, Built-in Features, Dual Sinks, En Suite Bathroom, Hollywood Bath, Stone Counters, Separate Shower
      • Level: First
      • Dimensions: 11 x 15
      Bonus room
      • Features: Ceiling Fan(s)
      • Level: First
      • Dimensions: 10 x 13
      Dining room
      • Level: First
      • Dimensions: 21 x 10
      Living room
      • Features: Ceiling Fan(s)
      • Level: First
      • Dimensions: 21 x 22
      Office
      • Features: Ceiling Fan(s)
      • Level: First
      • Dimensions: 16 x 8
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator
      Features
      • Built-in Features, Double Vanity, High Speed Internet, Kitchen Island, Pantry, Vaulted Ceiling(s), Wired for Data, Walk-In Closet(s), Wired for Sound
      • Flooring: Carpet, Hardwood, Tile
      • Windows: Window Coverings
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Raised Hearth, Stone
      Interior area
      • Total interior livable area: 4,300 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 5
      • Parking features: Additional Parking, Concrete, Covered, Carport, Detached Carport, Driveway, Garage, Golf Cart Garage, Garage Door Opener, Gated, Shared Driveway
      • Attached garage spaces: 3
      • Carport spaces: 2
      • Covered spaces: 5
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered
      • Pool features: None
      • Fencing: Chain Link,Full
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Body of water: Cedar Creek
      Lot
      • Size: 1.02 Acres
      • Features: Back Yard, Lawn, Subdivision
      Details
      • Parcel number: 26750000240053

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional,Detached
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Year built: 2024

      Utilities & green energy

      • Utilities for property: Municipal Utilities, Sewer Available, Water Available

      Community & HOA

      Community
      • Features: Boat Facilities
      • Security: Smoke Detector(s)
      • Subdivision: Eastwood Islands
      HOA
      • Has HOA: Yes
      • Services included: All Facilities, Association Management
      • HOA fee: $125 annually
      • HOA name: Eastwood Island Poa
      • HOA phone: 903-875-6169
      Location
      • Region: Gun Barrel City

      Financial & listing details

      • Price per square foot: $183/sqft
      • Tax assessed value: $252,197
      • Annual tax amount: $1,122
      • Date on market: 7/22/2026
      • Cumulative days on market: 21 days
      • Listing terms: Cash,Conventional,1031 Exchange
      • Road surface type: Asphalt

        Estimated market value

        $763,600

        $725,000 - $802,000

        $1,654/mo

        Price history

        DateEventPrice
        7/22/2026Listed for sale$788,000+338%$183/sqft
        Source: NTREIS #21337766 Report a problem
        10/13/2020Sold--
        Source: Agent Provided Report a problem
        9/5/2020Pending sale$179,900$42/sqft
        Source: Kim Roulias Realty #14417271 Report a problem
        8/21/2020Listed for sale$179,900$42/sqft
        Source: Kim Roulias Realty #14417271 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,122 -49.2%$252,197 -50%
        2024$2,208 +1563.9%$504,394 +1581.3%
        2023$133 -81.5%$30,000 -80.6%
        2022$717 -61.1%$154,330
        2021$1,844 +577.9%--
        2020$272 -60.2%--
        2019$683 -0.3%$71,440 +7.9%
        2018$685 +1.1%$66,240 +1.9%
        2017$678 -0.6%$65,000
        2016$682 -46.5%$65,000
        2015$1,275 0%$65,000
        2014$1,275 $65,000
        2013-- $65,000
        2012-- $65,000
        2011-- $65,000
        2010-- $65,000
        2009-- $65,000 +12%
        2008-- $58,040
        2007-- $58,040
        2006-- $58,040 +2.6%
        2005-- $56,580 +0%
        2004-- $56,570 -2.7%
        2003-- $58,150 +11.2%
        2002-- $52,300
        2001-- $52,300
        2000-- --
        1999-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 75156

        Getting around

        2 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Mabank
        • Middle: Mabank
        • High: Mabank
        • District: Mabank ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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