205 Loon Bay Drive, Gun Barrel City, TX 75156

$107,400 Asking Price

5 beds
2 baths
2,064  sqft
Built in 1974

Investment Opportunity near Cedar Creek Lake: Discover a two-story home with an attic for versatile storage or additional living space. Separate entrances to each level make it ideal for rental or Airbnb. Features include a garage suitable for a boat or storage, covered parking, and an additional carport. The main level boasts a kitchen, one full bathroom, and two bedrooms. The upper level offers a delightful deck for entertaining, a living area, another kitchen, one full bathroom, and three bedrooms with attic access. The property, spanning two lots, includes two storage buildings with untapped potential. Situated in the Loon Bay subdivision, enjoy community amenities such as a dock and boat ramps. Property is on 2 lots, making it a great value for this property. This home is offered as-is, with no repairs. Don't miss out on this unique investment opportunity!


Features & Amenities

Interior

General:
Multiple Staircases
Appliances:
Microwave,Refrigerator
Fireplace:
Fireplaces: 0

Exterior

General:
Balcony
Style:
Detached
Parking:
Boat,Carport,Detached Carport,Garage Faces Front,Garage,Storage

Construction

Roofing:
Metal
General:
2

Location

HOA Amenities:
All Facilities, 140.0, Annually
Originating MLS:
NTR
School District:
Mabank ISD
County:
Henderson

Lot

Zoning:
LOT: LTS 41 & 42 AB 742 J SMITH SUR LOON BAY, 33850000041053
Fencing:
Chain Link

Utilities

Utilities:
Electricity Connected

Financial

Source:
NTR
Buyers Agent Compensation:
3

This listing courtesy of:
eXp Realty, LLC, Julie Reyes

About Mabank, TX

Housing

Number of Units
12,373
Median Home Value
$151,051
Median Rent
$587

23.12% of housing units are renter occupied.

21.09% are vacant.

Commute

Car
90.16%
Public Transportation
0.01%
Walk to Work
0.63%
Work from Home
8.02%
Other
1.19%

The median travel time to work is 34 minutes.

People

Population
23,882
Median Age
47.20
Median Household Size
2.64

Education

High School
35.87%
Associate’s Degree
8.17%
Bachelor’s Degree
8.39%
Graduate Degree
4.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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