Tour
$4,868 Closing Credit¹
#20839492, Debbie French, Emily Sparks, Listing Office: Ebby Halliday Realtors
$399,900 List price
318 Overlook Trl Gun Barrel City, TX 75156
$4,749
Closing credit¹
4 beds
5 full
2,124 sqft
0.2 acres
$188 / sqft
House
Property details
About 318 Overlook Trl
Welcome to your waterfront getaway on Cedar Creek Lake in Gun Barrel City! This rare open water property offers not one, but two beautifully remodeled homes on a single lot—perfect for multi-generational living, vacation rental income, or both all for under 400k. The main house is a stylish 2-bedroom, 2-bath retreat with an open-concept layout, modern finishes, and stunning lake views from nearly every room. Enjoy morning coffee or evening sunsets on the expansive deck, just steps from the water. The second home is a charming 2-bedroom, 3-bath bungalow, equally updated with thoughtful design touches and cozy lakeside vibes. Both homes have been completely remodeled from top to bottom and are being sold fully Airbnb-ready—furnishings negotiable. Outside, you'll find a spacious yard, mature trees for shade, and ample shoreline with sweeping views of Cedar Creek Lake’s open water. Whether you're looking to host family, entertain guests, or generate short-term rental income, this property offers incredible flexibility and value. Located in the heart of Gun Barrel City, you're close to restaurants, shopping, and all the lake life amenities this area is known for. Don’t miss this one-of-a-kind opportunity to own two turn-key lake homes on prime waterfront—schedule your private tour today!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric, Propane
StatusActive
CoolingCentral Air, Electric
Size2,124 sqft
Lot size0.18 Acres
Year built1983
ParkingCarport, Driveway, Garage Faces Front, Garage
MLS #20894730
Attached garage1 space
WaterfrontWaterfront
FireplaceWood Burning
Virtual tour
Summary
- Full Bathrooms: 5
- Appliances: Other, Dryer, Dishwasher, Disposal, Gas Range, Microwave, Plumbed for Gas, Refrigerator, Washer
- Basement: No
- Interior: High Speed Internet, Cable TV
- Fireplace: Wood Burning
- Total Bedroom Count: 4
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: Carport, Driveway, Garage Faces Front, Garage
- Waterfront: Waterfront
- Architectural Style: Other, Detached
- Heating: Central, Electric, Propane
- Cooling: Central Air, Electric
- List Price: $399,900
- Price/SqFt: $188
- HOA Amount: $100 Annually
- Annual Tax Amount: $4,268
- Tax Year: 2023
- Lot: Waterfront
- Directions: From 334 go right on Overlook Trail house on left.
- Year Built: 1983
- Living Area: 2,124 SqFt
- Lot Size: 0.18 Acres
- MLS Number: 20894730
- MLS Name: NTR
- Office Name: Flex Group Real Estate
- Office Phone: (469) 865-2527
- Listing Agent: Rj Avery
©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: 5/25/2025, 12:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$399,900
318 Overlook Trl
$4,749
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
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $240,412 | $4,268 |
| 2022 | $249,970 | $6,081 |
| 2021 | $110,970 | $1,976 |
| 2020 | $110,970 | $2,121 |
| 2019 | $167,600 | $3,321 |
| 2018 | $167,810 | $3,311 |
| 2017 | $118,860 | $2,351 |
History based on county public records data.
Nearby schools
7
Southside Elementary School
Public District PK-4
1.2 mi
•109 Paschall Blvd
8
Lakeview Elementary School
Public District KG-4
2.5 mi
•306 Harbor Point Rd
6
Central Elementary School
Public District PK-4
3.2 mi
•19119 E US Highway 175
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,347. Residents of Gun Barrel City, TX typically earn less than $<35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
62%
<35k
35%
35k-100k
1%
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?
43%
Single, No Kids
12%
Single, with Kids
28%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
9%
12-17 yrs old
16%
18-34 yrs old
40%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Extreme Sports
Pro Wrestling
Where do the neighbors shop?
Kmart
Academy Sports & Outdoors
Wal-Mart
Where do the neighbors go to eat?
Bob Evans
Little Caesars
Sonic
What do the neighbors drive?
Buick
Chevrolet
Oldsmobile
What do the neighbors listen to?
Oldies
Country- Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 318 Overlook Trl
The listing price of 318 Overlook Trl property is $399,900.
The property 318 Overlook Trl is a house located in Gun Barrel City, Texas, 75156.
Active Listing: 318 Overlook Trl is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 318 Overlook Trl are: Southside Elementary School (GreatSchools Rating 7/10), Lakeview Elementary School (GreatSchools Rating 8/10), Central Elementary School (GreatSchools Rating 6/10), Mabank Intermediate School (GreatSchools Rating 3/10), Mabank Jr High School (GreatSchools Rating 6/10), 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 $4,268 (source: MLS/based on county public records data).
The property at 318 Overlook Trl has 4 bedrooms and 5 bathrooms.
The property 318 Overlook Trl is 2,124 SqFt (source: MLS/tax record).
The year of construction for 318 Overlook Trl is 1983.
This home is located at 318 Overlook Trl in Gun Barrel City, TX and zip code 75156. This 2,124 square foot home, which was built in 1983, sits on a 0.18 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 5, 2025 and is currently priced at $399,900.
Between March and April 2025, Gun Barrel City, TX real estate market has seen increase in the number of listings by 21.6%. The median list price of listings available in April 2025 was $295,000, while the average time on the real estate market was 85 days.
From Rocket Homes Real Estate and based on county public records data.