Date
Details
Price
Change
Source
7/17/2026
Listed
$187,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$187,500 Just Listed
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Property Description
Investment opportunity just minutes from Cedar Creek Lake! This property sits on two lots in Loon Bay subdivision and offers flexibility for investors, short-term rental potential, or multi-generational living. The property spans two lots and features two storage buildings, covered parking, an additional carport, and an attic that can serve as a versatile flex room for a game room, hobby space, or additional storage. The home features separate entrances for each level, making it ideal for rental income or Airbnb (buyer to verify any applicable restrictions). Residents of Loon Bay enjoy access to community boat ramps and a dock, making lake recreation convenient. Property is being sold as-is. Whether you're looking for your next investment, vacation rental, or a home with endless potential, this property is ready for your vision. Please note: Long-term rentals are not permitted per community restrictions.
Full Property Details
Full Property Details for 205 Loon Bay Dr
General
- Price: $187,500
- HOA FEE: $11/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21330313
- Updated: 7/19/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Multiple Staircases
- Appliances: Dishwasher, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 4
- Parking Features: Boat, Carport, Detached Carport, Garage Faces Front, Garage, Storage
Location
- County: Henderson
- Subdivision: Cedar Creek Lake
- Driving Directions: TURN INTO LOON BAY SUBDIVISION THEN TURN LEFT AND PROPERTY IS ON THE LEFT.
School Information
- Elem School District: Mabank ISD
- Midd School District: Mabank ISD
- High School District: Mabank ISD
- Elementary School: Mabank
- Middle School: Mabank
- High School: Mabank
Community
- Association: Yes
- Assoc. Name: LOON BAY PROPERTY OWNERS ASSOCIATION
- Assoc. Fees Include: All Facilities
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Attached
- Roof: Metal
- Stories/Levels: 2
- Living Area: 2,064 Sq. Ft.
- Year Built: 1974
Lot Features
- Lot Size (Acres): 0.234
- Lot Size (Sq. Ft.): 10,193.04
- Lot Features: Interior Lot, Subdivision
- Fencing (Description): Chain Link
Water Features
- Boat Dock Slip: Yes
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $136
- Assoc Fee Freq.: Annually
- Terms: Cash
Disclosures and Reports
- Legal Description: LTS 41 & 42 AB 742 J SMITH SUR, LOON BAY LTS
- Property ID: 33850000041053
- Lot Number: 41
Listed by Atlas Real Estate of TX, LLC, Keila Solorzano
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 205 Loon Bay Dr —
Keila Solorzano
Atlas Real Estate of TX, LLC
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 205 Loon Bay Dr
School District:Mabank Independent School District
| Name | Grades | Distance |
|---|---|---|
Lakeview Elementary School, Gun Barrel City, TX 306 Harbor Point Road, Gun Barrel City, TX 75156 | K-4 | 0.9 mi |
Mabank J High School 822 West Mason Street, Mabank, TX 75147 | 7-8 | 3.7 mi |
Mabank High School 18786 E Hwy 175, Mabank, TX 75147 | 9-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 205 Loon Bay Dr
Tax History
Tax History for 205 Loon Bay Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$306
-49%
$202,329
80%
2022
$597
—
$112,297
10%
2022
$597
-20%
$102,088
-38%
2022
$745
25%
$163,590
18%
2021
$596
—
$138,560
29%
2020
$596
—
$107,400
54%
2019
$596
—
$69,730
6%
2018
$597
—
$65,930
2%
2017
$596
—
$64,670
—
2016
$596
—
$64,670
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 205 Loon Bay Dr
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205 Loon Bay Drive, Gun Barrel City, TX 75156 (MLS# 21330313) is a Single Family property with 5 bedrooms and 2 full bathrooms. 205 Loon Bay Drive is currently listed for $187,500 and was received on July 17, 2026. Want to learn more about 205 Loon Bay Drive? Do you have questions about finding other Single Family real estate for sale in Gun Barrel City? You can browse all Gun Barrel City real estate or contact a Coldwell Banker agent to request more information.