Location
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.
Property Details
Price:
$159,900
MLS #:
21330313
Status:
Active
Beds:
5
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Cedar Creek Lake
Listed Date:
Jul 17, 2026
Finished Sq Ft:
2,064
Lot Size:
10,193 sqft / 0.23 acres (approx)
Year Built:
1974
Schools
School District:
Mabank ISD
Elementary School:
Mabank
High School:
Mabank
Interior
Bathrooms Full
2
Cooling
Central Air
Heating
Central
Interior Features
Multiple Staircases
Number Of Living Areas
2
Exterior
Carport Spaces
2
Community Features
Boat Ramp, Fishing, Lake, Park
Exterior Features
Balcony
Fencing
Chain Link
Garage Spaces
1
Lot Size Area
0.2340
Financial
See this Listing
Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
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Similar Listings Nearby
Community
- Address205 Loon Bay Drive Gun Barrel City TX
- SubdivisionCedar Creek Lake
- CityGun Barrel City
- CountyHenderson
- Zip Code75156
Subdivisions in Gun Barrel City
- adjoins Harbor Light Villas
- ARBOLADO
- B F BASS SUR
- Bar H Estate
- Bar H Estates
- Carlton Center
- Cedar Village Estate
- Cedars Edge
- Clyde Hammer Sub
- Cottages at Cedar Creek Lake
- Country Estates Sec 1
- Eastwood Island
- Eastwood Islands
- Eastwood Islands Add
- Eastwood Islands Sub
- G Martinez
- G Martinez Sur TR 3
- GT WALTERS
- Gun Barrel City
- Harbor Lights Villa
- Harbor Point
- Harbor Point #1
- Harbor Point #2
- Harbor Point 02
- Harbor Point 2
- Harbor Point Add 01
- Harbor Point Sec #1
- Harbor Point Sec #2
- Harbor Point Sec 01
- Harbor Point Sec 03
- Harbor Point Sec 1
- Harbor Point Sec 2
- Harbor Point Sub Sec 2
- Harbor Point Sub Sec C
- Harbour Light Villas Ph 01
- Heritage Cove Add
- Hickory Creek Estate
- Hm Strode League A-695
- Isam Marshall Surv A-489
- J P BROWN SUR
- J P BROWN SUR, Tamarack
- J P brown sur, Tamarackventure
- J PING SUR
- Jay Smith Sur, Loon Bay
- Jp Brown Surv A-59
- LAKE SIDE ACRES
- Lakeside Acres
- Lakeview
- Lakeview Acres
- Lakeview Acres Sub
- Lambs Retreat
- Life Scape Condos
- Life Scape Condos Bldg F
- Lifescape condo
- Loon Bay
- Loon Bay Addition
- Loon Bay Cedar Crk Lake
- Loon Bay Sub
- Loon Bay SubCedar Crk Lake
- Mantle Manors
- Mantle Manors Sec 01
- Mantle Manors Sec 02
- Mantle Manors Sec 1
- Mantle Manors Sec 11
- Mantle Manors Sec II
- Mantle Manors Subdivision Sec I
- Marshall Sur
- Meadows
- MEDRO
- Northern Shores
- Oak Harbor
- Pleasure Land Estates #2
- Pleasure Land Estates East
- Plocek Estate
- Sandy Shores
- Sandy Shores Instl 01
- Sandy Shores Instl 06
- Sandy Shores Sub Sec 1
- Shady Shores
- Sherwood Cedar Creek Lake
- Sherwood Shores
- Siesta Shores
- Siesta Shores Sec 01
- Siesta Shores Sec 1
- Siesta Shores Sec 2
- Siestas Shores
- Spanish Shores
- Sundrift Sec 02
- Tamarack
- Tamarack Sub
- Tamarack Venture
- Tamarack Venture Sec 01
- The Meadows
- Timber Trails Estate
- Timber Trails Estates
- Tres Lagos Estate
- Woods Wilks Garden
Market Summary
Current real estate data for Single Family in Gun Barrel City as of Sep 18, 2026
150
Single Family Listed
104
Avg DOM
222
Avg $ / SqFt
$430,032
Avg List Price
Property Summary
- Located in the Cedar Creek Lake subdivision, 205 Loon Bay Drive Gun Barrel City TX is a Single Family for sale in Gun Barrel City, TX, 75156. It is listed for $159,900 and features 5 beds, 2 baths, and has approximately 2,064 square feet of living space, and was originally constructed in 1974. The current price per square foot is $77. The average price per square foot for Single Family listings in Gun Barrel City is $222. The average listing price for Single Family in Gun Barrel City is $430,032. To schedule a showing of MLS#21330313 at 205 Loon Bay Drive in Gun Barrel City, TX, contact your Aaron Layman Properties agent at 940-209-2100.
205 Loon Bay Drive
Gun Barrel City, TX