$135,000
●
Land -
Off Market
116 Marina Drive
Gun Barrel City, TX 75156
Studio
0 Bath
$164,368
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
A large waterfront lot located in Harbor Light Villas. It offers
the opportunity to build a larger single-family residence and
provides direct access to the lighted common walkway which leads to
the covered floating boat slips. Harbor Light Villas is one of the
premier gated waterfront communities on Cedar Creek Lake. This
7-acre community offers a secure Lock 'n' Leave lifestyle with
practically no maintenance, access to the community's infinity edge
salt water swimming pool and cabana, marina with floating boat
slips and a quarter-mile lighted waterfront walkway. Harbor Light
Villas are conveniently located just 1 mile south of Main Street in
Gun Barrel City – close to retail shopping and restaurants.
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
Land
Property Taxes
$90
HOA Dues
$135
Year Built
2020
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (NTREIS #14011748)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2023 | Sold | ||
| Sold | |||
| Feb 13, 2023 | Listed by Ebby Halliday Realtors | $899,000 | |
| Listed by Ebby Halliday Realtors | |||
| | |||
|
Stunning lock & leave waterfront home with boatslip and RV-boat garage in gated community with infinity edge pool. Built with family and entertaining in mind, this gem combines sophisticated style & casual comfort. Home has never been lived in and offers shaker cabinets, luxury vinyl wood flooring, bonus room with wet bar and more. Calming lake view on wide protected cove. Two car garage plus oversized third garage. Set up a game of cornhole in the wrought iron fenced yard. Community boathouse with floating boatslips, known for having some of the best water depth on Cedar Creek Lake. Yard maintenance included—enjoy lake living and let someone else take care of the maintenance! Harbor Light Villas is one of kind community on Cedar Creek Lake offering saltwater pool and cabana, quarter mile lighted waterfront walkways and courtyard with pavilion. Located in Gun Barrel city close to restaurants and stores. Additional boatslip available separately.
| |||
| Dec 8, 2022 | No longer available | - | |
| No longer available | |||
| Jun 7, 2022 | Listed by Ebby Halliday Cedar Creek Lake | $899,000 | |
| Listed by Ebby Halliday Cedar Creek Lake | |||
| | |||
|
Stunning lock & leave waterfront home with boatslip and RV/boat garage in gated community with infinity edge pool. Built with family and entertaining in mind, this gem combines sophisticated style; casual comfort. Home has never been lived in and offers shaker cabinets, luxury vinyl wood flooring, bonus room with wet bar and more. Calming lake view on wide protected cove. Two car garage plus oversized third garage. Set up a game of cornhole in the wrought iron fenced yard. Community boathouse with floating boatslips. Yard maintenance included. The manager has listed the unit size as 2690 square feet.
| |||
| Aug 11, 2020 | Sold | ||
| Sold | |||
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Listed by: Janice Haney, Ebby Halliday Realtors
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14011748
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14011748
Details provided by NTREIS and may not match the public record
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