Land of Opportunity on sought-after Cedar Creek Lake! Rare chance to own 2 waterfront lots with approximately 101’ of platted shoreline in the heart of Gun Barrel City offering HUGE open water views and unforgettable sunset evenings. Tear down and create your dream lakefront retreat with room to spread out, or rejuvenate the existing home and add guest quarters for the ultimate family compound or weekend getaway. Or build on one lot and sell the other lot.
The property offers an incredible street-to-water setting with a long paved driveway leading through mature trees to the waterfront. The design-friendly lot shape and depth provide endless possibilities for a custom build, outdoor entertaining spaces, pool, additional structures, or expansive lakeside living. Enjoy a great protected bay location with sweeping western-facing views across the main body of the lake.
Existing improvements include an old house,- some say tear it down, detached storage shed, fenced areas, and waterfront yard ready for your vision. Whether you are looking for an investment opportunity, redevelopment project, or your own private lakefront escape, this is a rare opportunity to create something special on Cedar Creek Lake.
Lot/land
Price cut: $3K (7/3)
$947,000
135 Island Park Dr, Gun Barrel City, TX 75156
--beds
--baths
0.47Acres
Improved Land
Built in 1968
0.47 Acres Lot
$-- Zestimate®
$--/sqft
$10/mo HOA
What's special
Great protected bay locationUnforgettable sunset eveningsIncredible street-to-water settingHuge open water views
- 88 days
- 62
- 1
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
B.G. Pierce 0506691 903-910-3400,
KW-Cedar Creek Lake Properties 903-910-3400
Source: NTREIS,MLS#: 21291023
Facts & features
Interior
Property
Features
- On waterfront: Yes
- Waterfront features: Lake Front, Waterfront
- Body of water: Cedar Creek
Lot
- Size: 0.47 Acres
- Dimensions: 101 x 117 x 209 x 85
- Features: Back Yard, Irregular Lot, Lawn, Subdivision, Few Trees, Waterfront, City Lot, Retaining Wall
Details
- Additional structures: Storage
- Parcel number: 26750000059053
- Zoning description: Residential
Utilities & green energy
- Utilities for property: Electricity Available, Electricity Connected, Municipal Utilities, Separate Meters, Water Available
Community & HOA
Community
- Features: Lake
- Subdivision: Eastwood Islands
HOA
- Has HOA: Yes
- Services included: All Facilities
- HOA fee: $125 annually
- HOA name: Eastwood Island Poa
- HOA phone: 817-825-7717
Location
- Region: Gun Barrel City
Financial & listing details
- Tax assessed value: $456,988
- Annual tax amount: $6,362
- Date on market: 6/4/2026
- Cumulative days on market: 88 days
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Price change | $947,000-0.3% |
Source: NTREIS #21291023 Report a problem | ||
| 5/22/2026 | Listed for sale | $950,000 |
Source: NTREIS #21279469 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $546 | $456,988 |
| 2024 | $546 +1.2% | $456,988 +6.4% |
| 2023 | $539 | $429,300 0% |
| 2022 | $539 -63.9% | $429,380 |
| 2021 | $1,491 +176.8% | -- |
| 2020 | $539 -63.9% | -- |
| 2019 | $1,491 | $342,930 +28.7% |
| 2018 | $1,491 +0.5% | $266,560 +0.3% |
| 2017 | $1,485 | $265,770 |
| 2016 | $1,485 -0.3% | $265,770 |
| 2015 | $1,490 -8.1% | $265,770 |
| 2014 | $1,621 | $265,770 |
| 2013 | -- | $265,770 |
| 2012 | -- | $265,770 |
| 2011 | -- | $265,770 |
| 2010 | -- | $265,770 -15.1% |
| 2009 | -- | $313,080 +56.7% |
| 2008 | -- | $199,770 +34.4% |
| 2007 | -- | $148,690 +7.3% |
| 2006 | -- | $138,520 +13.5% |
| 2005 | -- | $122,040 |
| 2004 | -- | $122,040 |
| 2003 | -- | $122,040 |
| 2000 | -- | -- |
| 1999 | -- | -- |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 75156
Nearby schools
Schools provided by the listing agent
- Elementary: Lakeview
- 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.





