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205 Loon Bay Drive

Gun Barrel City, TX 75156

$159,900

5 bd · 2 ba · 2,064 sq ft · 0.23 ac

Bedrooms5
Bathrooms2
Living area2,064 sq ft
Lot size0.234 acres
Year built1974
Stories2
Garage1 car
TypeSingle-family

What it costs to own

TaxesNot provided by the listing
MUDNone listed
HOA$136 per year · LOON BAY PROPERTY OWNERS ASSOCIATION
HOA fee coversFull Use of Facilities
Price per sq ft$77 per sq ft

About this home

Investment opportunity just minutes from Cedar Creek Lake! This property sits on two lots in Loon Bay subdivision and offers flexibility for investors, short-term rental potential, or multi-generational living. The property spans two lots and features two storage buildings, covered parking, an additional carport, and an attic that can serve as a versatile flex room for a game room, hobby space, or additional storage. The home features separate entrances for each level, making it ideal for rental income or Airbnb (buyer to verify any applicable restrictions). Residents of Loon Bay enjoy access to community boat ramps and a dock, making lake recreation convenient. Property is being sold as-is. Whether you're looking for your next investment, vacation rental, or a home with endless potential, this property is ready for your vision. Please note: Long-term rentals are not permitted per community restrictions.

The details

HeatingCentral
CoolingCentral Air
AppliancesDishwasher, Refrigerator
Interior featuresMultiple Staircases

RoofMetal

Lot featuresInterior Lot, Subdivided
FencingChain Link
Water sourceCity Water
SewerCity Sewer
ElectricElectricity Available

SubdivisionCedar Creek Lake
Community featuresBoat Ramp, Fishing, Lake, Park

ElementaryMabank
Middle schoolMabank
High schoolMabank
DistrictMabank ISD

MLS #21330313
Source
Price changeReduced by $12,900 · Sep 14, 2026
On the market103 days
CountyHenderson

Around this home

One moment…

Everyday life

Nearest groceryWalmart Supercenter · 1.4 mi
Nearest parkTom Finley Park · 0.8 mi

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Listing courtesy of Atlas Real Estate of TX, LLC — Keila Solorzano.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21330313. Information last updated October 27, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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