About This Home
This 3-bedroom, 3-bathroom single family at 131 Lakeway Lane in Gun Barrel City, TX is listed for $788,000 ($315 per sqft). Built in 2024, the home offers 2,500 sqft of living space on a 1.02 acres lot.
Key Features
- Built in 2024
- 1.02 acre lot
- Fireplace
Property Details
Amenities
**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.
Monthly Cost Estimate
$4,339/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
131 Lakeway Lane
Gun Barrel City, TX 75156
Eastwood Islands
Features & Amenities
Interior Features
Property Details
Flooring
Views
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 3-bathroom single family at 131 Lakeway Lane is listed at $788,000 ($315/sqft). The estimated monthly payment is $4,340 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $125/month.
Key features include: Built in 2024, 1.02 acre lot, Fireplace. Interior Features: BuiltInFeatures, DoubleVanity, HighSpeedInternet.
This property is listed by Val McGilvra and can be reached at (469) 939-5554.








