# 131 Lakeway Lane, Gun Barrel City, TX 75156

> **TL;DR:** 3bd/3ba single family, $788,000 ($315/sqft), built 2024, 2,500 sqft.
> Fireplace, View, Hardwood, A/C. Est. $4,340/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $788,000 |
| Price/sqft | $315 |
| Bedrooms | 3 |
| Bathrooms | 2 full, 1 half |
| Square Feet | 2,500 |
| Year Built | 2024 |
| Lot Size | 44,344 sqft (1.02 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 0 |

## Why This Home Stands Out

- **Views** - Water
- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,985 |
| Estimated Insurance | $230 |
| HOA | $125 |
| **Total** | **$4,340** |

## Nearby Schools

- **Elementary:** Mabank
- **Middle:** Mabank
- **High:** Mabank

## Key Amenities

- Fireplace
- View
- Hardwood
- A/C

## Property Highlights

- Built in 2024
- 1.02 acre lot
- Fireplace

## Description

### Agent 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

- **Address:** 131 Lakeway Lane, Gun Barrel City, TX 75156
- **County:** Henderson
- **Neighborhood:** Eastwood Islands
- **Coordinates:** 32.319986, -96.160216
- **Google Maps:** https://www.google.com/maps?q=32.319986,-96.160216

## Listing Agent

- **Name:** Val McGilvra
- **Brokerage:** Cedar Creek Lake Real Estate
- **Phone:** (469) 939-5554

## Primary Photo

![131 Lakeway Lane - Primary Photo](http://lh.rdcpix.com/1f1e18ae76fc36dfa56b26a7f82eb4b0l-f505742638r.jpg)

*30 total photos available on [listing page](https://www.propertysimple.ai/listing/131-lakeway-lane-gun-barrel-city-tx-75156-21337766)*

---

**MLS#:** 21337766 | **Updated:** 2026-08-01
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/131-lakeway-lane-gun-barrel-city-tx-75156-21337766)

---

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