131 Lakeway Lane
Gun Barrel City, TX 75156 · View on map ↓
Overview
Description
**Luxury Lake Estate: Multiple Homes & Income Opportunities!** Rare opportunity to own an exceptional gated estate in the Eastwood Islands community on Cedar Creek Lake. With a combined total of 4300 sq ft of living space, this unique property includes a custom-built main home (2024) 3B and 2.5B, a guest cottage 2B & 1.5B, an efficiency home with a workshop, on 2 lots —ideal for multi generational living, guests, rental income, or a private family compound. The main home features vaulted ceilings, hand-scraped hardwood and tile floors, and an open-concept layout. The spacious family room offers a floor-to-ceiling stone fireplace, partial lake views, and abundant natural light. The chef's kitchen includes a large island, walk-in pantry, stainless steel appliances, and ample workspace. The private primary suite features tray ceilings and a spa-like bath with a walk-in shower, claw foot soaking tub, dual vanities, and walk-in closet. The split-bedroom floor plan includes two bedrooms connected by a Jack-and-Jill bath. A dedicated office with Cat 6 wiring, double doors, and backyard access is ideal for working from home. The over sized laundry room is conveniently located off the attached three-car garage. Enjoy the wraparound porch and mature pecan and pear trees. Included is a 1,084-square-foot guest cottage with a full Kitchen and living areas, a screened porch, fireplace —perfect for guests or short- or long-term rental income or parent home. A third residence offers approximately 800 square feet of efficiency-style living space with its own yard, workshop, and peek-a-boo lake views, providing additional flexibility or rental potential. Eastwood Islands residents enjoy a private boat ramp, fishing dock, parks, and Cedar Creek Lake access, all just minutes from shopping, dining, and entertainment. This one-of-a-kind property offers luxury, flexibility, and exceptional investment potential. See Eastwood Island POA website for community rental policies.
Mortgage Calculator
Estimate only — contact a lender for actual rates and terms. Property tax estimate based on 2% of purchase price.
Rooms
- Primary Bedroom
- 20 x 14 / 1
- Primary Bathroom
- 11 x 15 / 1
- Living Room
- 21 x 22 / 1
- Dining Room
- 21 x 10 / 1
- Bonus Room
- 10 x 13 / 1
- Office
- 16 x 8 / 1
- Appliances
- Dryer, Dishwasher, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator
- Interior Features
- Built In Features, Double Vanity, High Speed Internet, Kitchen Island, Pantry, Vaulted Ceilings, Wired For Data, Walk In Closets, Wired For Sound
- Flooring
- Carpet, Hardwood, Tile
- Window Features
- Window Coverings
- Fireplaces
- 1 · Raised Hearth, Stone
- Heating
- Electric
- Cooling
- Central Air
- Utilities
- Municipal Utilities, Sewer Available, Water Available
- Architectural Style
- Traditional, Detached
- Roof
- Shingle
- Foundation
- Slab
- Patio / Porch
- Covered
- Pool
- None
- View
- Water
- Waterfront
- Cedar Creek
- Security
- Smoke Detectors
- Levels
- One
- Stories
- 1
- Garage Spaces
- 3
- Attached Garage
- Yes
- Carport Spaces
- 2
- Covered Spaces
- 5
Schools
- Elementary
- Mabank (Mabank ISD)
- Middle
- Mabank (Mabank ISD)
- High
- Mabank (Mabank ISD)
HOA
- Fee
- $125 / Annually
- Fee Includes
- All Facilities, Association Management
Location
Price & Status History
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Listed for sale Source: NTREIS #21337766 | $788,000 |
| 7/21/2026 | Listed for lease Source: NTREIS #21334065 | $2,850/mo |
Nearby Properties
142 Seaside Dr
Gun Barrel City, TX 75156
RES
Carolee Cross · A.O.Cain Company Realtors
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RESMarsha Bourne · Avery Realty Group
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RESLaura Mcfaul · Ebby Halliday Realtors
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RESLisa Harris · REALTY INC.
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RESJon Vines · TX Lake & Land Real Estate
176 Seaside Dr
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RESStephanie Mueller · Lake Homes Realty, LLC
Listed by Val McGilvra · Cedar Creek Lake Real Estate
Co-listed by Renee Paull
Source: NTREIS · MLS#: 21337766
Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of NTREIS. Real estate listings held by brokerage firms other than Sirka.com are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
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