131 Lakeway Lane, Gun Barrel City, TX 75156
Local realty services provided by:ERA Myers & Myers Realty
Listed by: val mcgilvra, renee paull
Office: cedar creek lake real estate
MLS#:21337766
Source:GDAR
Price summary
- Price:$788,000
- Price per sq. ft.:$183.26
- Monthly HOA dues:$10.42
About this home
**Luxury Lake Estate: Multiple Homes & Income Opportunities!**
Rare opportunity to own an exceptional gated estate in the Eastwood Islands community on Cedar Creek Lake. With a combined total of 4300 sq ft of living space, 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 6 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, and exceptional investment potential. See Eastwood Island POA website for community rental policies....
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Home facts
- Year built:2024
- Subdivision & Development:Eastwood Islands
- Listing ID #:21337766
- Added:47 day(s) ago
- Updated:September 07, 2026 at 11:51 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:4
- Half bathrooms:2
- Flooring:Carpet, Hardwood, Tile
- Kitchen Description:Dishwasher, Disposal, Electric Oven, Microwave, Refrigerator
- Living area:4,300 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric
- Central air:Yes
Structure and exterior
- Year built:2024
- Building area:4,300 sq. ft.
- Lot area:1.02 Acres
- Lot Features:Lawn, Subdivision
- Architectural Style:Traditional
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Mabank
- Middle school:Mabank
- Elementary school:Mabank
Finances and disclosures
- Price:$788,000
- Price per sq. ft.:$183.26
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Electric Oven, Electric Water Heater, Microwave, Refrigerator
- Laundry features:Dryer
- Amenities:Smoke Detectors, Window Coverings
Parking
- Garage:Yes
- Garage spaces:3
- Carport spaces:2
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