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135 Island Park Drive

Gun Barrel City, TX 75156

Listing courtesy of B.G. Pierce, KW-Cedar Creek Lake Properties

$950,000
Active
Beds
2
Baths
2
Sqft
1,536
Year Built
1968

About this home

Land of Opportunity on sought-after Cedar Creek Lake! Rare chance to own 2 waterfront lots with approximately 101’ of platted shoreline in the heart of Gun Barrel City offering HUGE open water views and unforgettable sunset evenings. Tear down and create your dream lakefront retreat with room to spread out, or rejuvenate the existing home and add guest quarters for the ultimate family compound or weekend getaway. The property offers an incredible street-to-water setting with a long paved driveway leading through mature trees to the waterfront. The design-friendly lot shape and depth provide endless possibilities for a custom build, outdoor entertaining spaces, pool, additional structures, or expansive lakeside living. Enjoy a great protected bay location with sweeping western-facing views across the main body of the lake. Existing improvements include an old house,- some say tear it down, detached storage shed, fenced areas, and waterfront yard ready for your vision. Whether you are looking for an investment opportunity, redevelopment project, or your own private lakefront escape, this is a rare opportunity to create something special on Cedar Creek Lake.

Schools

Elementary
Lakeview
Middle
Mabank
High
Mabank

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #
21279469
Property Type
Residential
Status
Active
County
Henderson
Subdivision
Eastwood Islands
Lot Size
20,647.44 sqft
HOA Dues
None
Annual Taxes
$6,362
Days on Market
11 days
Listed
May 22, 2026
Price per Sqft
$618

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$5,864/mo
Principal & interest
$5,056
Property taxes
$530
Homeowner's insurance (est.)
$277

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

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IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed May 22, 2026