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131 Lakeway Lane, Gun Barrel City, TX 75156

$788,000
  • 131 Lakeway Lane, Gun Barrel City, TX 75156 Main Photo

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New to the Market Active
BEDS6 BATHS4 full 2 partial SQUARE FEET4,300 MLS#21337766
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONEastwood Islands SCHOOLMabank ISD

Property Description

**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.

131 Lakeway Lane | MLS# 21337766

This single family home located at 131 Lakeway Lane, Gun Barrel City, TX 75156 is currently listed for sale with an asking price of $788,000. This property was built in 2024 and has 6 bedrooms and 4 full and 2 partial baths with 4300 sq. ft. Lakeway Lane is located in the Eastwood Islands subdivision within the Mabank ISD school district. Search Eastwood Islands real estate on www.kellyrealtors.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Fireplaces: 1
Garage: 3 car attached
Heating: Electric
Home Style: Traditional
Lot Size: 1.02 Acres
Roof Type: Shingle
Year Built: 2024

Amenities

Built-in Features
Double Vanity
Flat Screen Wiring
High Speed Internet Available
Kitchen Island
Pantry
Vaulted Ceiling(s)
Walk-In Closet(s)
Wired for Data
Covered Patio/Porch

Feature Descriptions

Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Water Heater, Microwave, Refrigerator
Body of Water: Cedar Creek
Community Features: Boat Ramp
Days on Site: 4
Exterior: Siding
Fencing: Chain Link, Full
Fireplace: Raised Hearth, Stone
Flooring: Carpet, Hardwood, Tile
HOA Fee: 125/ Annually
Laundry: Full Size W/D Area
Lot: Lrg. Backyard Grass, Subdivision, Water/Lake View
Parcel#: 26750000240053
Parking: Additional Parking, Carport, Concrete, Covered, Detached Carport, Driveway, Garage Door Opener, Gated, Golf Cart Garage, Shared Driveway
Parking Notes: Additional Parking, Carport, Concrete, Covered, Detach
Patio/Porch: Covered
Utilities: Asphalt, MUD Sewer, MUD Water
Window: Window Coverings

Room Sizes

Living Room: 21.00 x 22.00 Level - 1
Bedroom-Primary: 20.00 x 14.00 Level - 1

Local Schools

Elementary School: Mabank
School District: Mabank ISD

Listed By / Shown By

Listed By

Agency Name: Cedar Creek Lake Real Estate
Agent Name: Val McGilvra

Shown By

Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447

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Estimated Payment

$ 1,983.58 per month $1,753.75 Principal & Interest $0.00 Property Tax (data not provided by mls) $229.83 Homeowner's Insurance

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