$138,900

113 Karen Ln Gun Barrel City, TX 75156

$1,649
Closing credit¹
3 beds
2 full
1,386 sqft
0.4 acres
$100 / sqft
House

Property details

About 113 Karen Ln

Prime Investment Opportunity Near Cedar Creek Lake! This property presents a fantastic opportunity for investors looking to unlock its potential. Located just steps away from the peaceful Cedar Creek Lake, you'll have easy access to the community boat ramp and dock—ideal for water lovers. The lot is shaded by mature trees, creating a serene, natural environment. While the property does require some work, its prime location and the surrounding area's growth make it an exciting prospect. New homes are being built nearby, suggesting strong potential for future appreciation. Lots 4, 5, 6, and 17 are also available separately and can be combined for a total of 0.8625 acres, providing even more investment options. Whether you're looking to renovate and rent, flip, or hold for long-term growth, this property offers a solid foundation for success. Don't miss the chance to invest in a property with immense potential near Cedar Creek Lake. With a bit of vision and effort, it could become your perfect lakeside retreat or a profitable rental! MLS listings 20901882 and 20896382 can be combined and sold together with this listing.

Highlights

Home typeSingle Family Residence
StatusActive
CoolingWall/Window Unit(s)
Size1,386 sqft
Lot size0.3671 Acres
Year built1992
ParkingDriveway
MLS #20901873
Garage2 spaces

Virtual tour

Summary

  • Full Bathrooms: 2
  • Appliances: Electric Range
  • Basement: No
  • Interior: Paneling/Wainscoting, Cable TV
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Driveway
  • Architectural Style: Traditional, Detached
  • Heating: None
  • Cooling: Wall/Window Unit(s)
  • List Price: $138,900
  • Price/SqFt: $100
  • HOA Amount: $6
  • HOA Frequency: Annually
  • Annual Tax Amount: $37
  • Tax Year: 2023
  • Lot: Many Trees
  • Directions: From 198 and Main Street, head east on Main Street toward Welch Lane. Turn left onto Welch Lane, and continue. Then, turn right onto Box Road, slight right onto Kim Lane. Continue straight onto Karen Lane, and 113 Karen Lane, will be on the left. GPS will also guide you here.
  • Year Built: 1992
  • Living Area: 1,386 SqFt
  • Lot Size: 0.3671 Acres
  • MLS Number: 20901873
  • MLS Name: NTR
  • Office Name: Cedar Creek Lake Real Estate
  • Office Phone: (469) 939-5554
  • Listing Agent: Lisbeth Arias

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/5/2025, 7:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of bungalow-style house

$138,900

113 Karen Ln

$1,649

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$37,805$37
2022$73,440$93
2021$36,720$36
2020$35,700$36
2019$25,820$27
2018$27,310$538
2017$26,800$530

History based on county public records data.

Nearby schools

8

Lakeview Elementary School

Public District KG-4

1.6 mi

306 Harbor Point Rd

7

Southside Elementary School

Public District PK-4

2.3 mi

109 Paschall Blvd

7

Tool Elementary School

Public District PK-5

3.7 mi

1201 S Tool Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,351. The most common annual income of people living in Gun Barrel City, TX is less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

51%
<35k
28%
35k-100k
17%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

47%
Single, No Kids
10%
Single, with Kids
30%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
7%
12-17 yrs old
16%
18-34 yrs old
44%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports
  • NASCARNASCAR

Where do the neighbors shop?

  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • OldiesOldies
  • CountryCountry
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 113 Karen Ln

The listing price of 113 Karen Ln property is $138,900.

The property 113 Karen Ln is a house located in Gun Barrel City, Texas, 75156.

Active Listing: 113 Karen Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 113 Karen Ln are: Lakeview Elementary School (GreatSchools Rating 8/10), Southside Elementary School (GreatSchools Rating 7/10), Tool Elementary School (GreatSchools Rating 7/10), Mabank Jr High School (GreatSchools Rating 6/10), Mabank Intermediate School (GreatSchools Rating 3/10), Eustace Middle School (GreatSchools Rating 8/10), Mabank High School (GreatSchools Rating 5/10), Eustace High School (GreatSchools Rating 6/10), Kemp High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $37 (source: MLS/based on county public records data).

The property at 113 Karen Ln has 3 bedrooms and 2 bathrooms.

The property 113 Karen Ln is 1,386 SqFt (source: MLS/tax record).

The year of construction for 113 Karen Ln is 1992.

This home is located at 113 Karen Ln in Gun Barrel City, TX and zip code 75156. This 1,386 square foot home, which was built in 1992, sits on a 0.37 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 12, 2025 and is currently priced at $138,900.

The number of homes for sale in Gun Barrel City, TX increased by 21.6% between March and April 2025. Listings spent 85 days on the market in April 2025, and had a median list price of $295,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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