150 GATEWAY DRIVE, GUN BARREL CITY, TX 75156
Homes for sale in Gun Barrel City.
Homes for sale in 75156.
150 Gateway Drive
Gun Barrel City, TX 75156
List Price$158,900
Listing #21015853
About This Property
Calling all investors! This spacious 4-bedroom, 2-bath home on a corner lot in the desirable Loon Bay subdivision is packed with potential. Just steps from one of Loon Bay POA park and access to their fishing pier and boat ramp this property is ideal for those looking to flip, renovate, and bring their vision to life. Upstairs offers 3 bedrooms, 1 full bath, and a cozy sunroom--perfect for relaxing evenings. The kitchen opens to the main living area, creating a comfortable, connected space. Downstairs features a second kitchen and dining area, an additional living room, the primary bedroom with en-suite bath, and a laundry room. Sitting on four fully fenced lots, the oversized yard includes a detached garage with electricity, two carports (one attached to the home and one to the garage with an electric door opener), plus two storage buildings that will convey with the sale. The roof was replaced approximately 4 years ago, and the HVAC system was serviced in July. Window units cool the downstairs area. Whether you're an investor ready for your next flip or someone with a creative eye for a unique property, this is the opportunity you've been waiting for!
Property Features
Location Information
County
Henderson
Subdivision
Loon Bay
Interior Features
Rooms
Second Floor Bedroom, Second Floor Bedroom, Second Floor Bedroom, Second Floor Bonus Room, First Floor Dining Room, Second Floor Full Bath, First Floor Full Bath, First Floor Kitchen, Second Floor Kitchen, First Floor Laundry, Second Floor Living Room, First Floor Primary Bedroom
Has Fireplace
Yes
Interior
High Speed Internet, Open Floorplan, Pantry, Walk-In Closet(s)
Number of Fireplaces
1
Master Bedroom Description
0 x 0
Heating
Central
Full Baths
2
Cooling
Central Air, Window Unit(s)
Dining Room Description
0 x 0
Laundry
Washer Hookup, Dryer Hookup
Living Room Description
0 x 0
Appliances
Dishwasher, Electric Cooktop
Kitchen Description
0 x 0
Exterior Features
Style
Detached
Garage Spaces
2
Stories
2
Fencing
Back Yard, Chain Link
Construction
Brick
Patio / Deck Description
Balcony
Exterior
Balcony
Pool Description
None
Foundation
Slab
Lot Description
Corner Lot
Roof
Composition
Lot Size in Acres
0.5
Water / Sewer
Municipal Utilities, Sewer Available, Water Available
Lot Size in Sq. Ft.
21,780
Utilities
Municipal Utilities, Sewer Available, Water Available
Is One Story
No
Parking Description
Attached Carport
Lot Description
Corner Lot
Has Garage
Yes
School
Elementary School District
Mabank ISD
High School
Mabank
Elementary School
Mabank
Additional Information
Property Type
SFR
HOA Fee
$136
Property SubType 2
House
HOA Frequency
Annually
Property SubType
Single Family Residence
HOA Includes
Association Management
Year Built
1965
Tax Annual Amount
1654.0
Status
Active
Exclusions
boats will be removed from property, refrigerator
Has a Home Owners Association
Yes
Community Features
Boat Facilities, Lake, Park
Similar Listings
Mortgage Calculator
$741
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$572
Monthly Tax
$132
Monthly Insurance
$37
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
Listing courtesy of
Daniela Padilla, TX Lake & Land Real Estate
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NTREIS - North Texas data last updated at November 23, 2025, 3:20 AM CT
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