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Waterfront Land with Platted Shoreline
For Sale
$947,000

135 Island Park, Gun Barrel City, TX 75156

Land, Gun Barrel City, TX

Property SizeContact for details
Lot Size0.47 Acres
Days on Market64

Property Features for 135 Island Park

General Information

Property type Land
Property subtype Other
Zoning description Residential
Subdivision Eastwood Islands
Lot features Back Yard, Irregular Lot, Lawn, Subdivision, Few Trees, Waterfront, City Lot, Retaining Wall
Elementary school Lakeview
Middle school Mabank
High school Mabank
Elementary school district Mabank ISD
Middle school district Mabank ISD
High school district Mabank ISD
Directions Any Map App look up 135 Island Park Dr., Gun Barrel City or Main Street turn on Legendary Ln, then veer right onto Boshart Way, drive into Eastwood Island veer right and stay right on Lost Forest Drive, left at Island Park Dr (first street on left) to 135 Island Park Dr house on the waterfront.
Standard status Active
APN 26750000059053
Lot size 0.47 Acres

Taxes and HOA fees

Tax Description LTS 58 & 59 EASTWOOD ISLANDS AB 488 T MITCHELL SUR
Tax Annual Amount 6362
HOA Fee $125 Annually
Legal Description LTS 58 & 59 EASTWOOD ISLANDS AB 488 T MITCHELL SUR

Utilities

Heating system Electric (Heating)
Cooling system Central Air
Water front features Waterfront, Lake Front
Water front 1

Building Details

Year built 1968
Additional Structures Storage
Listing Agency: KW-Cedar Creek Lake Properties · Keller Williams Realty
Listed By: B.G. Pierce · License #0506691
Added: Jul 3 Changed: Aug 19 Last Checked: Sep 4 at 4:06PM
MLS# 21291023

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This sale includes two waterfront lots offering approximately 101 feet of platted shoreline along Cedar Creek Lake. The property features an incredible street-to-water setting, with a long paved driveway that runs through mature trees to the waterfront. The waterfront setting is described as a protected bay location with sweeping western-facing views.

Existing improvements include an old house, a detached storage shed, and fenced areas, along with a waterfront yard ready for redevelopment or reuse. The lot shape and depth are described as design-friendly for a custom build and outdoor living.

With room to build on one lot and potentially keep the other lot, the property offers flexibility for lakefront development, including the option to redevelop the existing home or clear the site for new construction.

Key Highlights

  • Two waterfront lots on Cedar Creek Lake with approx. 101' of platted shoreline and open water views
  • Protected bay location with sweeping western‑facing views across the main body of the lake
  • Long paved driveway leads from street through mature trees to the waterfront

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Law Firm Dental Office Hair Salon HVAC Service Pharmacy Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

115
Businesses Nearby

Demographics for 75156, TX

15,708
Population
8,969
Households
1.8
Avg Household Size
48
Median Age
17%
College-Educated
86%
High-School Grad
32.1 sq mi
ZIP Area
489
Density / Sq Mi
$59,303
Median Household Income
$35,316
Median Earnings
$932
Median Rent
$209,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Two waterfront lots with approximately 101 feet of platted shoreline and protected bay views on Cedar Creek Lake.
Where is this waterfront land located?
The property is located at 135 Island Park Gun Barrel City, TX.
What is the asking price?
The asking price for this property is $947,000.
What are key features of this property?
This property features: Two waterfront lots on Cedar Creek Lake with approx. 101' of platted shoreline and open water views; Protected bay location with sweeping western‑facing views across the main body of the lake; Long paved driveway leads from street through mature trees to the waterfront
More about this property
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