0 Tx-334 Gun Barrel City, TX 75156
This exceptional 10.68-acre island on Cedar Creek Lake presents a unique investment opportunity. Located in Gun Barrel City, Texas (zip code 75156), with convenient access via TX-334, this Planned Development District (PDD) zoned property offers unparalleled potential. The site boasts direct access to Cedar Creek Lake, allowing for the development of a marina and boat docks. Preliminary assessments suggest the possibility of constructing up to 266 residential units, along with restaurants and other resort amenities. Its prime location adjacent to Tom Finley Park enhances its desirability and provides additional recreational opportunities. The property's APN is 216287. This is a rare chance to acquire a substantial waterfront parcel with significant development potential, ideal for creating a thriving resort destination. The asking price for this remarkable property is $7,500,000. Detailed plans and further information are available at www.cedarcreeklakeislandtx.com. This Henderson County gem offers a blend of natural beauty and exceptional development potential, making it an attractive proposition for discerning investors. The property's size and zoning regulations provide ample flexibility for a wide range of development scenarios. Don't miss this chance to own a piece of Cedar Creek Lake paradise.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.