$330,000

120 Lakeway Ln Gun Barrel City, TX 75156

$3,919
Closing credit¹
3 beds
1 full
1,020 sqft
0.2 acres
$324 / sqft
House

Property details

About 120 Lakeway Ln

As featured on the cover of D Home and spotlighted in Architectural Digest, Elle Decor, and even a national Toyota® ad, this design-forward A-frame is more than a lake house—it’s a design icon. Tucked inside the quiet, waterfront community of Eastwood Island, the home grants owners private access to the neighborhood boat ramp, fishing pier, and park, making weekend escapes effortless. Inside, wood beams frame an open floor-plan anchored by polished concrete floors, statement lighting, and a vaulted loft lounge. Two main bedrooms plus a chic detached “guest suite” (perfect for overflow or a work-from-lake studio) sleep everyone in comfort, while the sleek farmhouse-inspired kitchen keeps gatherings flowing from breakfast to sunset cocktails. Outside, soaring trees provide ample shade and wrap multiple hangout zones—including an expansive deck with outdoor kitchenette, greenhouse, and fire-pit —so you can chase sun or shade all day. Owners also enjoy ultra-low HOA dues and city utilities, a rare combo on Cedar Creek Lake. Currently operated as a beloved short-term rental, the property boasts a loyal following—meaning you’ll inherit both instant income potential and an Instagram-ready vibe beloved by guests. Whether you’re seeking a turnkey STR, a photogenic personal hideaway, or both, 120 Lakeway Lane delivers design pedigree and pure lake-life magic in one unforgettable A-frame package. Schedule your private tour today and see why magazines, guests, and travelers keep coming back—this is the Cedar Creek retreat everyone’s talking about. OWNER IS A LICENSED TX REAL ESTATE AGENT.

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size1,020 sqft
Lot size0.228 Acres
Year built1972
ParkingAggregate, Unpaved
MLS #20965870
FireplaceFree Standing, Living Room, Metal, Wood Burning

Virtual tour

Summary

  • Full Bathrooms: 1
  • Appliances: Electric Range, Refrigerator
  • Basement: No
  • Flooring Type: Concrete
  • Interior: Decorative/Designer Lighting Fixtures, Loft, Open Floorplan, Pantry, Natural Woodwork
  • Fireplace: Free Standing, Living Room, Metal, Wood Burning
  • Total Bedroom Count: 3
  • Parking: Aggregate, Unpaved
  • Exterior: Fire Pit, Outdoor Grill, Uncovered Courtyard
  • Architectural Style: A-Frame, Detached
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • List Price: $330,000
  • Price/SqFt: $323
  • HOA Amount: $125 Annually
  • Annual Tax Amount: $2,814
  • Tax Year: 2023
  • Lot: Interior Lot, Landscaped, Many Trees, Subdivision
  • Directions: From W. Main Street turn south on Legendary Lane, slight right turn on Boshart Way, slight right turn on Lakeway Lane, destination is on your left.
  • Year Built: 1972
  • Living Area: 1,020 SqFt
  • Lot Size: 0.228 Acres
  • MLS Number: 20965870
  • MLS Name: NTR
  • Office Name: Keller Williams Central
  • Listing Agent: Julie Acuna, Taylor Meek

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: 6/18/2025, 6:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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120 Lakeway Ln, Gun Barrel City, TX 75156 - rear view of property with a wooden deck

$330,000

120 Lakeway Ln

$3,919

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

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

Tax history

YearAssessmentProperty Tax
2023$187,616$2,814
2022$164,840$2,539
2021$106,040$1,888
2020$95,850$1,832
2019$76,620$1,518
2018$34,520$681

History based on county public records data.

Nearby schools

8

Lakeview Elementary School

Public District KG-4

1.4 mi

306 Harbor Point Rd

7

Southside Elementary School

Public District PK-4

3.0 mi

109 Paschall Blvd

7

Tool Elementary School

Public District PK-5

3.6 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 $33,878. Residents of Gun Barrel City, TX typically earn less than $<35k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

52%
<35k
27%
35k-100k
19%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

47%
Single, No Kids
4%
Single, with Kids
36%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
6%
12-17 yrs old
14%
18-34 yrs old
46%
35-64 yrs old
25%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Stein MartStein Mart
  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars
  • ArbysArbys

What do the neighbors drive?

  • LincolnLincoln
  • BuickBuick
  • ChevroletChevrolet

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • OldiesOldies
  • CountryCountry
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 120 Lakeway Ln

The listing price of 120 Lakeway Ln property is $330,000.

The property 120 Lakeway Ln is a house located in Gun Barrel City, Texas, 75156.

Active Listing: 120 Lakeway Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 120 Lakeway 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), Kemp Jr High School (GreatSchools Rating 2/10), Mabank High School (GreatSchools Rating 5/10), Kemp High School (GreatSchools Rating 4/10), Eustace High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $2,814 (source: MLS/based on county public records data).

The property at 120 Lakeway Ln has 3 bedrooms and 1 bathroom.

The property 120 Lakeway Ln is 1,020 SqFt (source: MLS/tax record).

The year of construction for 120 Lakeway Ln is 1972.

This home is located at 120 Lakeway Ln in Gun Barrel City, TX and zip code 75156. This 1,020 square foot home, which was built in 1972, sits on a 0.23 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 12, 2025 and is currently priced at $330,000.

In May 2025 in Gun Barrel City, TX there were 26.5% more homes for sale than in April. The median list price of listings available in May 2025 was $306,643, while the average time on the real estate market was 83 days.

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

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