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

1 story
2 full, 1 half
2024

Amenities

FireplaceViewHardwoodA/C
Listing 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.

Monthly Cost Estimate

$4,339/mo

20% down · 6.5% · 30 years

Principal$570
Interest$3,415
Insurance$230
HOA$125

Estimates only. Actual payments may vary.

Location

131 Lakeway Lane

Gun Barrel City, TX 75156

Eastwood Islands

Features & Amenities

Interior Features

BuiltInFeaturesDoubleVanityHighSpeedInternetKitchenIslandPantryVaultedCeilingsWiredForDataWalkInClosetsWiredForSound

Property Details

Flooring

CarpetTileHardwood

Views

Water

Parking

CarportCoveredDrivewayGatedOpenGarage

Heating

Electric (Heating)

Cooling

Central Air

Appliances

DryerDishwasherElectricOvenElectricWaterHeaterDisposalMicrowaveRefrigerator

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.

VM

Val McGilvra

Agent at Cedar Creek Lake Real Estate

(469) 939-5554

Listed by Cedar Creek Lake Real Estate

MLS# 21337766· Source: listhub· Listed today

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

131 Lakeway Lane, Gun Barrel City, TX 75156

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