410 Pleasure Land Rd · Gun Barrel City, TX 75156

$204,900

3 bd · 3.0 ba · 2,144 sqft · SingleFamily public records · 324 Days on market

Built 1976 0.41 ac lot $96/sqft · 43% below area Est $357k · 43% under

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +18.5/30.0
• ARV discount +15.0/15.0
• DSCR +5.8/10.0
• 1% rule +4.5/10.0
• Schools +3.8/10.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Rent growth +1.1/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

Key facts

• Screened front porch
• Tree-shaded lot
• Open-concept layout

Tags

• TREE-SHADED LOT
• SCREENED FRONT PORCH
• OPEN-CONCEPT LAYOUT

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $205k.

Deal economics

• At list price, monthly cash flow is $196 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $194k (5.2% below list).
• Recommended offer: $180k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.4% vs local median 3.3% in Gun Barrel City — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 67/100 on livability (#519 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety B+; Watch: employment D+, amenities F, commute F.
• Mabank ISD (town): math 47% / reading 44% proficiency, ranked #273 of 826 in TX (top 33%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents falling (-5.8%/yr); 694 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 263 units permitted in Henderson County in 2024 (0 in 5+ unit buildings).
• This rent runs 38% of the median local income ($61k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 324 days — a 12% lower offer ($180k) is reasonable based on typical stale-listing flexibility.
• 16 sale attempts since 20y ago; this cycle's ask is 12706% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $30k; list at $205k implies a 583% gain — meaningful room to come down on a strong offer.

Recommended offer $180,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 324 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1976 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.95% ✗
• Cap rate: 7.44%
• Cash-on-cash: 4.10%
• DSCR: 1.18
• GRM: 8.8

CMA / ARV

• ARV (median comp): $357,491
• List price: $204,900
• Delta: -42.68%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
134 Spruce Trl	0.39mi	3/2.0	2,092 (-2%)	4mo	$675,000	$323	71
171 Hammer Rd	0.47mi	4/3.0 (+1)	2,047 (-4%)	15mo	$297,600	$145	53
268 Lake Shadow Dr	0.75mi	3/3.0	1,904 (-11%)	3mo	$235,000	$123	44
123 Randy St	0.71mi	3/2.5	2,390 (+12%)	22mo	$499,000	$209	27

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -13.2%
• Equity multiple: 0.54×
• Total profit: $-26,426
• Equity at exit: $30,551

10-year hold

• IRR: -9.4%
• Equity multiple: 0.49×
• Total profit: $-29,008
• Equity at exit: $17,716

Cash invested: $57,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 75156

• Rents YoY: -5.8%
• Active inventory: 694
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,943 high
• Mortgage (P&I): −$1,075
• Tax from tax record: −$179 /mo · $2,147/yr
• Insurance: −$85
• HOA: −$0
• Vacancy / Maint / Mgmt: −$408
• Net cashflow: $196

Break-even live

Break-even rent $1,695

Max offer price $204,900

Occupancy floor 85%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $51,225
• Closing costs: $6,147
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1319 W Main St Unit 1 Gun Barrel City, TX	3.0	2.5	1545	$1,950	$1.26	44d	1	0.27mi
1319 W Main St #16 Gun Barrel City, TX	3.0	2.5	1545	$1,695	$1.10	44d	1	0.27mi
602 Legendary Ln Gun Barrel City, TX	3.0	2.0	1452	$1,600	$1.10	44d	1	1.13mi
150 Guadalupe Dr Mabank, TX	3.0	3.0	2297	$3,000	$1.31	44d	1	1.18mi
851 Welch Ln Gun Barrel City, TX	3.0	2.0	1745	$2,200	$1.26	44d	1	1.23mi

Listing history 50 events

1. 2026-05-31
   days on market $204,900 Active 324 DOM
2. 2026-05-30
   days on market $204,900 Active 323 DOM
3. 2026-05-06
   listed $1,600
4. 2026-03-13
   price $204,900 728-char remark

   Show marketing remark (728 chars)

   Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

5. 2026-03-13
   price $204,900 728-char remark

   Show marketing remark (728 chars)

   Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

6. 2026-03-13
   price $204,900

   Show marketing remark (728 chars)

   Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

7. 2026-03-13
   price $204,900

   Show marketing remark (728 chars)

   Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

8. 2026-03-13
   price $204,900

   Show marketing remark (728 chars)

   Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

9. 2026-01-19
   price $209,900 728-char remark

   Show marketing remark (728 chars)

   Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

10. 2026-01-19
    price $209,900 728-char remark

    Show marketing remark (728 chars)

    Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

11. 2026-01-19
    price $209,900

    Show marketing remark (728 chars)

    Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

12. 2026-01-19
    price $209,900

    Show marketing remark (728 chars)

    Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

13. 2026-01-19
    price $209,900

    Show marketing remark (728 chars)

    Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

14. 2025-10-30
    price $214,900

    Show marketing remark (728 chars)

    Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

15. 2025-10-30
    price $214,900 728-char remark

    Show marketing remark (728 chars)

    Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

16. 2025-10-30
    price $214,900

    Show marketing remark (728 chars)

    Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

17. 2025-10-30
    price $214,900

    Show marketing remark (728 chars)

    Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

18. 2025-10-28
    price $214,900 728-char remark

    Show marketing remark (728 chars)

    Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

19. 2025-08-26
    price $219,900 728-char remark

    Show marketing remark (728 chars)

    Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

20. 2025-08-26
    price $219,900

    Show marketing remark (728 chars)

    Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

21. 2025-08-26
    price $219,900 728-char remark

    Show marketing remark (728 chars)

    Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

22. 2025-08-26
    price $219,900

    Show marketing remark (728 chars)

    Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

23. 2025-08-26
    price $219,900

    Show marketing remark (728 chars)

    Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

24. 2025-08-04
    price $222,400 728-char remark

    Show marketing remark (728 chars)

    Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

25. 2025-08-04
    price $222,400

    Show marketing remark (728 chars)

    Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

26. 2025-08-04
    price $222,400

    Show marketing remark (728 chars)

    Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

27. 2025-08-04
    price $222,400 728-char remark

    Show marketing remark (728 chars)

    Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

28. 2025-08-04
    price $222,400

    Show marketing remark (728 chars)

    Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

29. 2025-07-15
    listed $224,900 Active
30. 2025-07-15
    listed $224,900 Active
31. 2025-07-15
    listed $224,900 Active
32. 2025-07-14
    listed $224,900 Active 728-char remark

    Show marketing remark (728 chars)

    Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

33. 2025-07-11
    listed $224,900 Active 728-char remark

    Show marketing remark (728 chars)

    Located just minutes from Cedar Creek Lake, this inviting 3-bedroom, 3-bath home is the perfect place to start your homeownership journey. Move-in ready and thoughtfully updated, it offers an easy, comfortable layout with neutral finishes that make it simple to personalize. The open-concept living space creates a welcoming atmosphere for everyday living and entertaining, while the screened front porch is ideal for relaxing mornings or winding down in the evenings. Set on a spacious, tree-shaded lot, there’s plenty of room to enjoy outdoor time, host friends, or simply unwind. With charm, space, and a convenient location, this home is a great opportunity for first-time buyers looking for a lifestyle near the lake.

34. 2025-04-10
    historical
35. 2025-02-19
    status Active
36. 2025-02-19
    listed $245,000 Active
37. 2025-02-14
    historical
38. 2024-11-05
    price $245,000
39. 2024-11-04
    price $245,000
40. 2024-10-29
    listed $225,000 Active
41. 2024-10-29
    listed $225,000 Active
42. 2024-08-14
    historical
43. 2024-07-26
    price $225,000
44. 2024-03-28
    listed $230,000 Active
45. 2024-02-16
    historical $1,500
46. 2024-02-13
    listed $1,500
47. 2024-02-13
    historical $1,500
48. 2023-11-27
    price $1,500
49. 2023-10-25
    price $1,600
50. 2023-09-22
    price $1,650

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $2,147 · $179/mo
• Projected year-2 tax: $3,750 · $312/mo
• Expected delta: +$1,602/yr (+$134/mo · 74.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $23,316
• − Mortgage interest: −$11,478
• − Property taxes: −$2,147
• − Insurance: −$1,024
• − Repairs & maintenance: −$1,865
• − Management: −$1,865
• − Depreciation: −$5,961
• Taxable loss: −$1,025
• Est. tax savings @ 24.0%: +$246
• After-tax cash flow: $2,599/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Mabank ISD
• NCES district ID: 4828680
• Math proficiency: 47% ▼ -19.00%
• Reading proficiency: 44% ▼ -11.00%
• Median HH income: $40,321
• Composite: 38.15/100
• National rank: #4267
• State rank: #273 of 826 in TX

Livability — Gun Barrel City

• Score: 67/100
• State rank: #519
• US rank: #10212

Category grades

Amenities F Commute F Cost of living A+ Crime C+ Employment D+ Housing A+ Health & safety B+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Henderson County · 34,977 people
• Metro: Athens, TX
• Population (ZIP): 16,333
• Household income: $60,867
• Rent vs Own: 18.5% rent · 81.5% own
• Severe rent burden: 400.0

Population outlook (Henderson County) Hauer SSP2

• Today (2025): 80,471 people
• By 2030: 80,608 · +0.2%
• By 2040: 80,087 · -0.5%
• By 2050: 78,208 · -2.8%
• By 2075: 72,423 · -10.0%
• By 2100: 61,012 · -24.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (85%)
• Race & ethnicity: White 85% Hispanic / Latino 7% Two or more races 7% Black 1%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Slovak 3% Serbian 2% European 2%
• Foreign-born: 4% · Canada, Jamaica
• Languages at home: 94% English-only · Spanish 4% Other Indo-European 1%

Political lean MEDSL · Henderson

• 2024 margin: Solid R (+63.5) · D 18.0% · R 81.4%
• 2008→2024 swing: -18.8pp toward R · 2008: -44.6pp · 2024: -63.5pp
• All cycles: 2024: R+63.5 2020: R+60.2 2016: R+60.0 2012: R+54.8 2008: R+44.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -216.77%
• Current HPI: 199.8108
• Rent YoY: ▼ -5.76%
• Metro: Athens, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-94.7% since first listed

64 events — show timeline

• 2026-05-06 Listed for Rent $1,600 BUILDIUM
• 2026-03-13 Price Changed $204,900 NTREIS
• 2026-03-13 Price Changed $204,900 LAAR
• 2026-03-13 Price Changed $204,900 HCBOR
• 2026-03-13 Price Changed $204,900 HARMLS
• 2026-03-13 Price Changed $204,900 GTAR
• 2026-01-19 Price Changed $209,900 NTREIS
• 2026-01-19 Price Changed $209,900 LAAR
• 2026-01-19 Price Changed $209,900 HCBOR
• 2026-01-19 Price Changed $209,900 HARMLS
• 2026-01-19 Price Changed $209,900 GTAR
• 2025-10-30 Price Changed $214,900 HARMLS
• 2025-10-30 Price Changed $214,900 LAAR
• 2025-10-30 Price Changed $214,900 HCBOR
• 2025-10-30 Price Changed $214,900 GTAR
• 2025-10-28 Price Changed $214,900 NTREIS
• 2025-08-26 Price Changed $219,900 NTREIS
• 2025-08-26 Price Changed $219,900 HARMLS
• 2025-08-26 Price Changed $219,900 LAAR
• 2025-08-26 Price Changed $219,900 GTAR
• 2025-08-26 Price Changed $219,900 HCBOR
• 2025-08-04 Price Changed $222,400 NTREIS
• 2025-08-04 Price Changed $222,400 HCBOR
• 2025-08-04 Price Changed $222,400 HARMLS
• 2025-08-04 Price Changed $222,400 LAAR
• 2025-08-04 Price Changed $222,400 GTAR
• 2025-07-15 Listed $224,900 HCBOR
• 2025-07-15 Listed $224,900 GTAR
• 2025-07-15 Listed $224,900 HARMLS
• 2025-07-14 Listed $224,900 LAAR
• 2025-07-11 Listed $224,900 NTREIS
• 2025-04-10 Listing Removed — NTREIS
• 2025-02-19 Relisted — HCBOR
• 2025-02-19 Listed $245,000 NTREIS
• 2025-02-14 Listing Removed — NTREIS
• 2024-11-05 Price Changed $245,000 NTREIS
• 2024-11-04 Price Changed $245,000 HCBOR
• 2024-10-29 Listed $225,000 NTREIS
• 2024-10-29 Listed $225,000 HCBOR
• 2024-08-14 Listing Removed — NTREIS
• 2024-07-26 Price Changed $225,000 NTREIS
• 2024-03-28 Listed $230,000 NTREIS
• 2024-02-16 Rental Removed $1,500 BUILDIUM
• 2024-02-13 Listed for Rent $1,500 BUILDIUM
• 2024-02-13 Rental Removed $1,500 NTREIS
• 2023-11-27 Price Changed $1,500 NTREIS
• 2023-10-25 Price Changed $1,600 NTREIS
• 2023-09-22 Price Changed $1,650 NTREIS
• 2023-09-08 Listed for Rent $1,750 NTREIS
• 2023-09-08 Rental Removed $1,750 BUILDIUM
• 2023-09-03 Listed for Rent $1,750 BUILDIUM
• 2022-01-15 Price Changed $1,600 BUILDIUM
• 2021-11-15 Sold (Public Records) — Public Records
• 2021-11-12 Sold (MLS) — NTREIS
• 2021-08-25 Pending — NTREIS
• 2021-08-13 Listed $179,900 NTREIS
• 2019-02-05 Sold (Public Records) — Public Records
• 2011-12-22 Sold (Public Records) — Public Records
• 2006-02-02 Sold (Public Records) — Public Records
• 2006-02-01 Sold (MLS) — NTREIS
• 2006-01-11 Listing Removed — NTREIS
• 2006-01-05 Listed $39,000 NTREIS
• 2001-03-09 Sold (Public Records) $30,000 Public Records
• 2000-12-14 Sold (Public Records) — Public Records

Property tax history

+5.1%/yr

Latest (2025): $2,147 · +0.5% YoY. Source: county tax records.