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Gun Barrel City 75156
205 Loon Bay Drive
$97,000 - $117,000
House - In Contract

205 Loon Bay Drive

Gun Barrel City, TX 75156
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2064 Sqft
Sold Jun 12, 2008
$56,300
Sold Dec 31, 2007
Transfer

About This Property

Investment Opportunity near Cedar Creek Lake: Discover a two-story home with an attic for versatile storage or additional living space. Separate entrances to each level make it ideal for rental or Airbnb. Features include a garage suitable for a boat or storage, covered parking, and an additional carport. The main level boasts a kitchen, one full bathroom, and two bedrooms. The upper level offers a delightful deck for entertaining, a living area, another kitchen, one full bathroom, and three bedrooms with attic access. The property, spanning two lots, includes two storage buildings with untapped potential. Situated in the Loon Bay subdivision, enjoy community amenities such as a dock and boat ramps. Property is on 2 lots, making it a great value for this property. This home is offered as-is, with no repairs. Don't miss out on this unique investment opportunity!

The manager has listed the unit size as 2064 square feet.
Unit Size
2,064Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$52
Property Type
House
Property Taxes
-
HOA Dues
$140
Year Built
-
Listed By

Price History

Date / Event Date Event Price
Mar 24, 2024 In contract -
In contract
Mar 9, 2024 Price Decreased $107,400
↓ $100 (0.1%)
Price Decreased
Feb 3, 2024 Relisted $107,500
Relisted
Jan 23, 2024 In contract -
In contract
Jan 7, 2024 Listed $107,500
Listed
Show More

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 10,210
  • Total Building Area: 1,152
  • Gross Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,152
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOON BAY (1060)
  • Land Acres: 0.234
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LTS 41 & 42 AB 742 J SMITH SUR, LOON BAY LTS 41 & 42

Ownership

  • Current Owner : BAKER GARY L
  • Current Owner 2: BAKER BARBARA A
  • Previous Owner : ARDIS PEGGY L
  • Previous Owner 2: SHROFF RUSSELL K
  • Owner Before Previous Owner: ARDIS TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mabank Independent School District
  • School Tax School District: MABANK ISD
  • Census Tract: 950604

Geography

  • Assessors Map Reference: 5X
  • Account Number: R000059646
  • Parcel: 3385-0000-0410-53
  • Lot: 41,42
  • Municipality: CITY OF GUN BARREL
  • Latitude: 32.3318
  • Longitude: -96.1585

    Address

  • Full Address: 205 Loon Bay Dr
  • Address - House Number: 205
  • Address - Street Name: Loon Bay
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Gun Barrel City
  • Carrier Code: R015
  • 4-Digit Zip Code: 3547
  • Zip Code: 75156

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,421
  • Intital Tax Deliquent Year: 2016
  • Tax Rate Code Area: GB,HC,HE,H

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 75
  • Final Value: 109,029
  • High Value: 129,375
  • Low Value: 88,684

    Market Valuation

  • Market Total Value: $205,301
  • Market Land Value: $45,000
  • Market Improvement Value: $160,301

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $102,088
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $160,301

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 31, 2007
  • Current Sale Recording Date: Jun 12, 2008
  • Current Sale Transaction ID: 1172586751
  • Current Sale Price: $56,300
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 0009448
  • Previous Sale Recording Date: Dec 31, 2007
  • Previous Sale Contract Date: Dec 31, 2007
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PEGGY L ARDIS
  • First Mortgage Transaction Date: Jun 12, 2008
  • First Mortgage Loan Amount: $45,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
In Contract
House
3 Beds
2 Baths
1,280 ft²
$70/ft²
$89,900 Nov 2, 2023
-
$50/mo
House
2 Beds
1.5 Baths
1,166 ft²
$79/ft²
$92,000 Mar 25, 2024
-
$130/mo
Modular Home
3 Beds
2 Baths
1,152 ft²
$109/ft²
$125,000 Mar 12, 2024
-
$100/mo

About Gun Barrel City


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Nearby Rentals

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Frequently Asked Questions

When was property at 205 Loon Bay Drive built and last sold?
The property at 205 Loon Bay Drive was built in and last sold on Dec 31, 2007 for $56,300.
How much is this home worth?
The estimated value of the home located at 205 Loon Bay Drive is $108,575.
What are some comparable homes to 205 Loon Bay Drive?
Homes that are comparable to 205 Loon Bay Drive include a house property at 106 Doe Run Road, a modular home property at 140 Wilson Way, a house property at 103 Owens Circle.

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