131 Lakeway Lane, Gun Barrel City, TX 75156
131 Lakeway Lane, Gun Barrel City, TX 75156
131 Lakeway Lane, Gun Barrel City, TX 75156
30
See all 30 photos
$788,000
Est. payment /mo
3 Beds
3 Baths
2,500 SqFt
New

131 Lakeway Lane Gun Barrel City, TX 75156

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,500 sqft

Subdivision Eastwood Islands

MLS Listing ID 21337766

Style Traditional

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Fees $125/ann

HOA Y/N Mandatory

Year Built 2024

Lot Size 1.018 Acres

Acres 1.018

Property Sub-Type Single Family Residence

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. This unique property includes a custom-built main home (2024), a guest cottage, an efficiency home with workshop, and multiple lots—ideal for multigenerational 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, clawfoot 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 5 wiring, double doors, and backyard access is ideal for working from home. The oversized laundry room is conveniently located off the attached three-car garage. Enjoy the wraparound porch and mature pecan and pear trees.

On an additional lot is a 1,084-square-foot guest cottage with two bedrooms, one bath, a screened porch, fireplace, and open-concept kitchen and living area—perfect for guests or short- or long-term rental income.

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, privacy, and exceptional investment potential.

Location

State TX

County Henderson

Community Boat Ramp

Direction US 175 East to Exit TX 334. Go 6 miles to Legendary Lane and turn left. Continue to Boshart Way and veer right. Continue to Lakeway Lane.

Rooms

Dining Room 1

Interior

Interior Features 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

Heating Electric

Cooling Central Air

Flooring Carpet, Hardwood, Tile

Fireplaces Number 1

Fireplaces Type Raised Hearth, Stone

Appliance Dishwasher, Disposal, Dryer, Electric Oven, Electric Water Heater, Microwave, Refrigerator

Heat Source Electric

Laundry Full Size W/D Area

Exterior

Exterior Feature Covered Patio/Porch

Garage Spaces 3.0

Carport Spaces 2

Fence Chain Link, Full

Community Features Boat Ramp

Utilities Available Asphalt, MUD Sewer, MUD Water

Roof Type Shingle

Total Parking Spaces 5

Garage Yes

Building

Lot Description Lrg. Backyard Grass, Subdivision, Water/Lake View

Story One

Foundation Slab

Level or Stories One

Structure Type Siding

Schools

Elementary Schools Mabank

High Schools Mabank

School District Mabank Isd

Others

Restrictions Deed

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21337766


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Val McGilvra • Cedar Creek Lake Real Estate

NEARBY SCHOOL & BUSINESS

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Brandon Watkins

Brandon Watkins

REALTOR | License ID: 0540100

+1(972) 978-2240

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131 Lakeway Lane