131 Lakeway Lane
Gun Barrel City, TX, 75156
$
788,000
Bedrooms6
Baths4.2
Sq
4,300
Monthly Estimate*
$
4,976
for $788,000 with 6 bedrooms and 4 full baths, 2 half baths. This 4,300 square foot home was built in 2024 on a lot size of 1.018.
**Luxury Lake Estate: Multiple Homes & Income Opportunities!**
Rare opportunity to own an exceptional gated estate in the Eastwood Islands community on Cedar Creek Lake. With a combined total of 4300 sq ft of living space, this unique property includes a custom-built main home (2024) 3B and 2.5B, a guest cottage 2B & 1.5B, an efficiency home with a workshop, on 2 lots —ideal for multi generational living, guests, rental income, or a private family compound.
The main home features vaulted ceilings, hand-scraped hardwood and tile floors, and an open-concept layout. The spacious family room offers a floor-to-ceiling stone fireplace, partial lake views, and abundant natural light. The chef's kitchen includes a large island, walk-in pantry, stainless steel appliances, and ample workspace.
The private primary suite features tray ceilings and a spa-like bath with a walk-in shower, claw foot soaking tub, dual vanities, and walk-in closet. The split-bedroom floor plan includes two bedrooms connected by a Jack-and-Jill bath. A dedicated office with Cat 6 wiring, double doors, and backyard access is ideal for working from home. The over sized laundry room is conveniently located off the attached three-car garage. Enjoy the wraparound porch and mature pecan and pear trees.
Included is a 1,084-square-foot guest cottage with a full Kitchen and living areas, a screened porch, fireplace —perfect for guests or short- or long-term rental income or parent home.
A third residence offers approximately 800 square feet of efficiency-style living space with its own yard, workshop, and peek-a-boo lake views, providing additional flexibility or rental potential. Eastwood Islands residents enjoy a private boat ramp, fishing dock, parks, and Cedar Creek Lake access, all just minutes from shopping, dining, and entertainment.
This one-of-a-kind property offers luxury, flexibility, and exceptional investment potential. See Eastwood Island POA website for community rental policies.
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Features
Interior
Interior Features
Built-in Features
Double Vanity
Flat Screen Wiring
High Speed Internet Available
Kitchen Island
Pantry
Vaulted Ceiling(s)
Walk-In Closet(s)
Wired for Data
Flooring
Carpet
Hardwood
Tile
Basement Y/N
0
Dining Areas
1
Living Areas
1
Half Baths
2
Total Bedrooms
6
Total Baths
6
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General
Heating
Electric
Cooling
Central Air
Utilities
Asphalt
MUD Sewer
MUD Water
Possession
Closing/Funding
Roof
Shingle
Appliances
Dishwasher
Disposal
Dryer
Electric Oven
Electric Water Heater
Microwave
Refrigerator
Assoc Fees
125
Number of Garage Spaces
3
Restrictions
Deed
School District
Mabank ISD
HOA Fee Includes
Full Use of Facilities
Management Fees
Pool Y/N
0
Year Built
2024
Architectural Style
Traditional
Community Features
Boat Ramp
Levels
One
Property Subtype
Single Family Residence
Subdivision Name
Eastwood Islands
Transaction Type
For Sale
Occupant Type
Owner
County
Henderson
Property Type
Residential
Construction Materials
Siding
Accessory Unit Type
Accessory Dwelling Unit (ADU)
Accessory Unit Y/N
Y
HOA Type
Mandatory
Full Baths
4
Status
Active
Directions
US 175 East to Exit TX 334. Go 6 miles to Legendary Lane and turn left. Continue to Boshart Way and veer right. Continue to Lakeway Lane.
City
Gun Barrel City
Elementary School Name
Mabank
High School
Mabank
Elementary School
Mabank
Standard Status
Active
Junior High School
Mabank
Listing Terms
1031 Exchange
Cash
Conventional
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Exterior
Waterfront
0
Exterior Features
Covered Patio/Porch
Lot Features
Lrg. Backyard Grass
Subdivision
Water/Lake View
Fencing
Chain Link
Full
Garage Length
28
Garage Width
28
Parking Features
Additional Parking
Carport
Concrete
Covered
Detached Carport
Driveway
Garage Door Opener
Gated
Golf Cart Garage
Shared Driveway
Lot Size
1 to < 3 Acres
Foundation
Slab
Structural Style
Lake House
Single Detached
Garage Y/N
1
Attached Garage Y/N
1
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* Excluded Features
List By
Val McGilvra
Listing Agent
Cedar Creek Lake Real Estate
Broker
Affordability Calculator
- Monthly Principal & Interest
- $4,976
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save
Nearby
Single family listings in Gun Barrel City, TX
Average List Price
$440,868
Percent of Sale Price
44%
About Gun Barrel City, TX
6,202
Population
12%
Since 2002
$
33,538
Median Income
42.68
Median Age
21%
Households with Children
Trends Information provided by ATTOM Data Solutions.
286801
Elementary School
3672476
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
7/22/2026
|
$788,000
|
|
Listed Price
|