Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$325,000

204 Bounding Main St, Gun Barrel City, TX, 75156

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.73 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesElectric Oven, Microwave
FlooringCeramic Tile, Luxury Vinyl Plank

Exterior

Lot Size10,477 sqft

Building Information

Year Built2008
Garage Spaces2

Land Information

APN2930-0007-0130-53
Lot Number13
SubdivisionHarbor Point #1 (820)
Land UseResidential
Legal DescriptionLT 13 AB 1017 L STOVER SUR, HARBOR POINT #1, BLK 7 LT 13
Census Tract950604
Assessed Land Value$18,000
Assessed Improvement Value$336,778
Assessment Year2025

About this property

Imagine coming home after a full day on the lake to host friends and family for relaxed gatherings. Or escaping for easy weekend getaways with everything you need at your doorstep. Welcome to this spacious 5-bedroom, 3-bath multi-generational home in Gun Barrel City, offering flexible living with the option to purchase adjacent lot for even more space and privacy. This hidden gem offers a relaxed country feel just minutes from Cedar Creek Lake. Built in 2008 with 2,200 square feet, this is one of the larger homes in the neighborhood and sits on a generous .27-acre lot. If you’d like more space, there is an option to purchase the adjacent lot; just ask your agent for details. The layout is ideal for extended family or flexible living. A well-designed addition includes a private bedroom and full bath, plus a flex room that could be used as a 5th bedroom or a 2nd living area. The 5th bedroom has sliding glass doors, creating the option for a separate private entrance. The main home and addition together provide plenty of room for comfortable everyday living or hosting. Recent renovations have refreshed the entire property. New vinyl plank flooring has been installed in the bedrooms, complemented by fresh paint throughout, updated lighting in select areas, and all-new window blinds. Outside, new landscaping and flower beds enhance the curb appeal, while an oversized garage offers ample storage and parking. Located in a quiet neighborhood near one of the largest lakes in the state, the home is about 9 minutes from restaurants and schools in Mabank. Whether you’re looking for lake access, multi-generational living, or a move-in-ready home with room to grow, this property delivers space, updates, and a peaceful setting. Home may qualify for 100% USDA financing; check with your mortgage lender!

Investor Tools

$98,611Estimated Mortgage Balance
$256,167Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,129 /month
Positive
Cash Flow Estimate:
$710 /month

Interested in this property?

Susan Kennedy

American Realty

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,553
$354,778
2025
$18,000
$336,778
$354,778
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,553
$354,778

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$115,875
No
First
May 28, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$98,611
$256,167
72%
28%
$695/mo

City: Gun Barrel City

204 Bounding Main St | Property Details | No Agent List