131 Lakeway Lane, Gun Barrel City, TX 75156

• 6 beds |
• 6 baths |
• 4,300 sqft

Property Description

**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.

Listing Status:

Active

Data Last Updated:

August 18, 2026 at 7:19AM

Listing Office:

Cedar Creek Lake Real Estate : 903-418-5253

Listing Agent:

Val McGilvra :

MLS ID:

21337766

Interior

• General: Built-in FeaturesDouble VanityHigh Speed InternetKitchen IslandPantryVaulted Ceiling(s)Wired for DataWalk-In Closet(s)Wired for Sound
• Appliances: DryerDishwasherElectric OvenElectric Water HeaterDisposalMicrowaveRefrigerator
• Flooring: CarpetHardwoodTile
• A/C: Central Air
• Heating: Electric
• Fireplace: Raised HearthStoneFireplaceFireplaces: 1

Exterior

• Style: TraditionalDetached
• Pool: None
• Parking: Additional ParkingConcreteCoveredCarportDetached CarportDrivewayGarageGolf Cart GarageGarage Door OpenerGatedShared Driveway

Construction

• Roofing: Shingle
• Windows: Window Coverings
• General: 1Slab

Location

• Road/Access: Asphalt
• HOA Amenities: All FacilitiesAssociation Management125.0Annually
• Originating MLS: NTR
• School District: Mabank ISD
• County: Henderson

Lot

• Zoning: AB 488 T S MITCHELL SUREASTWOOD ISLANDSLT26750000240053
• View: WaterView
• Fencing: Chain LinkFull

Utilities

• Utilities: Municipal UtilitiesSewer AvailableWater Available

Financial

• Source: NTR