205 Loon Bay Drive, Gun Barrel City, TX 75156

Local realty services provided by:ERA Newlin & Company
205 Loon Bay Drive,Gun Barrel City, TX 75156
$187,500
  • 5 Beds
  • 2 Baths
  • 2,064 sq. ft.
  • Single family
  • Active
Listed by: keila solorzano
Office: atlas real estate of tx, llc.
MLS#:21330313
Source:GDAR

Price summary

  • Price:$187,500
  • Price per sq. ft.:$90.84
  • Monthly HOA dues:$11.33

About this home

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.

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Home facts

  • Year built:1974
  • Listing ID #:21330313
  • Added:2 day(s) ago
  • Updated:July 20, 2026 at 11:44 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Kitchen Description:Dishwasher, Refrigerator
  • Living area:2,064 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Metal
  • Year built:1974
  • Building area:2,064 sq. ft.
  • Lot area:0.23 Acres
  • Lot Features:Interior Lot, Subdivision
  • Levels:2 Story

Schools

  • High school:Mabank
  • Middle school:Mabank
  • Elementary school:Mabank

Finances and disclosures

  • Price:$187,500
  • Price per sq. ft.:$90.84

Features and amenities

  • Appliances:Dishwasher, Refrigerator

Parking

  • Garage:Yes
  • Garage spaces:1
  • Carport spaces:2
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated July 20, 2026 Listings with the NTREIS logo are listed by brokerages other than ERA Newlin & Company.