131 LAKEWAY LANE, GUN BARREL CITY, TX 75156
Homes for sale in Gun Barrel City.
Homes for sale in 75156.
List Price$788,000
131 Lakeway Lane
Gun Barrel City, TX 75156
Listing #21337766
About This Property
**Luxury Lake Estate: Multiple Homes & Income Opportunities!** Rare opportunity to own an exceptional gated estate in the Eastwood Islands community on Cedar Creek Lake. 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 5 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, privacy, and exceptional investment potential. See Eastwood Island POA website for community rental policies.
Property Features
Location Information
County
Henderson
Subdivision
Eastwood Islands
Interior Features
Rooms
First Floor Bonus Room, First Floor Dining Room, First Floor Living Room, First Floor Office, First Floor Primary Bathroom, First Floor Primary Bedroom
Has Fireplace
Yes
Interior
Built-in Features, Double Vanity, High Speed Internet, Kitchen Island, Pantry, Vaulted Ceiling(s), Wired for Data, Walk-In Closet(s), Wired for Sound
Number of Fireplaces
1
Master Bedroom Description
20 x 14
Heating
Electric
Full Baths
4
Cooling
Central Air
1/2 Baths
2
Floors
Carpet, Hardwood, Tile
Dining Room Description
21 x 10
Appliances
Dryer, Dishwasher, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator
Living Room Description
21 x 22
Exterior Features
Style
Traditional, Detached
Pool Description
None
Stories
1
Lot Description
Back Yard, Lawn, Subdivision
Foundation
Slab
Lot Size in Acres
1.018
Roof
Shingle
Lot Size in Sq. Ft.
44,344
Utilities
Municipal Utilities, Sewer Available, Water Available
Road Description
Asphalt
Security System
Smoke Detector(s)
Lake Name
Cedar Creek
Parking Description
Additional Parking, Concrete, Covered, Carport, Detached Carport, Driveway, Garage, Golf Cart Garage, Garage Door Opener, Gated, Shared Dr
Has View
Yes
Has Garage
Yes
View Description
Water
Garage Spaces
3
Is One Story
Yes
Fencing
Chain Link, Full
Lot Description
Back Yard, Lawn, Subdivision
Patio / Deck Description
Covered
Windows Description
Window Coverings
School
Elementary School District
Mabank ISD
Jr. High School
Mabank
Elementary School
Mabank
High School
Mabank
Additional Information
Property Type
SFR
Has a Home Owners Association
Yes
Property SubType 2
House
HOA Fee
$125
Property SubType
Single Family Residence
HOA Frequency
Annually
Year Built
2024
HOA Includes
All Facilities, Association Management
Status
Active
Community Features
Boat Facilities
Similar Listings
Mortgage Calculator
$3,678
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,839
Monthly Tax
$656
Monthly Insurance
$183
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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