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135 Island Park

Gun Barrel City, TX 75156

$947,000

Land · 0.47 ac · $1,998K/ac

Acres0.474 acres
Price per acre$1,997,890 / acre
ZoningResidential
Road frontageCity Street
WaterIndividual Water Meter, MUD Water
ElectricCo-op Electric, Electricity Connected
TypeLand

What it costs to own

Taxes$6,362 per year
MUDIn a Municipal Utility District (MUD)
HOA$125 per year · Eastwood Island POA
HOA fee coversFull Use of Facilities
Price per acre$1,997,890

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

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.

The details

HeatingElectric
CoolingCentral Air

Lot featuresFew Trees, Irregular Lot, Lrg. Backyard Grass, Subdivided, Waterfront
Water sourceIndividual Water Meter, MUD Water
ElectricCo-op Electric, Electricity Connected

ZoningResidential
RestrictionsDeed
EasementsUtilities
Documents availableSurvey

Mineral rights aren't stated in this listing — verify with the title company before purchase.

SubdivisionEastwood Islands
Community featuresLake

ElementaryLakeview
Middle schoolMabank
High schoolMabank
DistrictMabank ISD

MLS #21291023
Source
Price changeReduced by $3,000 · Jul 4, 2026
On the market100 days
CountyHenderson

Around this home

One moment…

Everyday life

Nearest groceryWalmart Supercenter · 1.6 mi
Nearest parkTom Finley Park · 0.7 mi

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Listing courtesy of KW-Cedar Creek Lake Properties — B.G. Pierce.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21291023. Information last updated September 11, 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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