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$334,990
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Property Description
Discover a rare opportunity to own a true waterfront retreat on the open waters of Cedar Creek Lake in the heart of Gun Barrel City. This unique property features two fully remodeled homes situated on one spacious lakefront lot, creating the perfect setup for full-time living, weekend escapes, multi-generational use, or income-producing vacation rentals. The main residence is a beautifully updated 2-bedroom, 2-bath home designed to maximize comfort and lake views. Inside, you'll find an open-concept living and dining area filled with natural light, modern finishes, updated flooring, and a seamless flow ideal for entertaining. Large windows frame stunning views of the water from nearly every room, bringing the beauty of the lake indoors. The remodeled kitchen offers stylish cabinetry, upgraded countertops, and plenty of space for gathering with family and friends after a day on the water. Adding to the charm of the property is a scenic boardwalk leading directly to the lake, creating the perfect place for peaceful strolls, fishing, relaxing by the water, or enjoying everything lakefront living has to offer. The second home is an equally impressive 2-bedroom, 3-bath bungalow that has been thoughtfully renovated from top to bottom. With its own inviting living spaces, updated finishes, and private feel, this home is ideal for extended family, guests, or short-term rental opportunities. The additional bathrooms add convenience and flexibility rarely found in properties at this price point. Located just minutes from local restaurants, shopping, marinas, and entertainment in Gun Barrel City, this turnkey property combines peaceful waterfront living with everyday convenience. Opportunities like this are hard to find - two remodeled lake homes, open-water views, private boardwalk access to the lake, and endless possibilities all in one exceptional property. Schedule your private tour today and experience everything this lakeside getaway has to offer.
Full Property Details
Full Property Details for 318 Overlook Trail
General
- Price: $334,990
- HOA FEE: $8/month
- HOA FEE FREQ.: Annually
- Taxes: $3,528
- Status: Active
- Type: Mobile Home
- Source: NTREIS
- MLS ID: 21280925
- Updated: 6/25/2026
- Added to Site: 48 day(s) ago
Interior
- Interior Features: High Speed Internet, Cable TV
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Some Gas Appliances, Dryer, Dishwasher, Disposal, Gas Range, Microwave, Plumbed For Gas, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, Laundry in Utility Room
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Covered
Location
- County: Henderson
- Subdivision: Tamarack Venture
- Driving Directions: From 334 go right on Overlook Trail house on 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: Tamarack venture POA
- Assoc. Fees Include: Maintenance Grounds
Utilities
- Cable Available: Yes
- Utility Description: Electricity Available, Municipal Utilities, Sewer Available, Water Available, Cable Available
Structural Information
- Architectural Style: Detached
- Structure Type: House, Manufactured House
- Detached/Attached: Attached
- Stories/Levels: 1
- Living Area: 2,124 Sq. Ft.
- Year Built: 1983
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,840.8
- Lot Features: Waterfront
- Fencing (Description): Back Yard, Wire
Water Features
- Water Front: Yes
- Water Front Desc.: Boat Dock/Slip, Lake Front, Waterfront
- Lake Front: Yes
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $100
- Assoc Fee Freq.: Annually
- Tax Amount: $3,528
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: LT 884 AB 59 J P BROWN SUR, TAMARACK VENTURE
- Property ID: 42800000884053
- Lot Number: 884
Listed by Kimberly Adams Realty, Deon Boli
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Schools
Schools serving 318 Overlook Trail
School District:Mabank Independent School District
| Name | Grades | Distance |
|---|---|---|
Southside Elementary School, Mabank, TX 109 Paschal Blvd, Mabank, TX 75147 | K-4 | 1.2 mi |
Mabank J High School 822 West Mason Street, Mabank, TX 75147 | 7-8 | 3.3 mi |
Mabank High School 18786 E Hwy 175, Mabank, TX 75147 | 9-12 | 3.4 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 318 Overlook Trail
Date
Details
Price
Change
Source
6/25/2026
Price Reduced
$334,990
-2.34%
MLS
6/19/2026
Price Reduced
$343,000
-1.44%
MLS
5/26/2026
Listed
$348,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 318 Overlook Trail
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,528
-17%
$253,466
1%
2022
$4,268
—
$251,010
4%
2022
$4,268
-30%
$240,412
-4%
2022
$6,081
221%
$249,970
125%
2021
$1,895
-4%
$110,970
—
2020
$1,976
-38%
$110,970
-34%
2019
$3,204
-4%
$167,600
—
2018
$3,325
41%
$167,810
41%
2017
$2,355
—
$118,860
—
2016
$2,352
—
$118,860
—
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 318 Overlook Trail
318 Overlook Trail, Gun Barrel City, TX 75156 (MLS# 21280925) is a Mobile Home property with 4 bedrooms and 5 full bathrooms. 318 Overlook Trail is currently listed for $334,990 and was received on May 26, 2026. Want to learn more about 318 Overlook Trail? Do you have questions about finding other Mobile Home 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.

