Contemporary exterior featuring white siding, a prominent octagonal porch with columns, a brick chimney, and dark-framed windows
Active

131 Lakeway Lane

Gun Barrel City, Texas 75156
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Bed 6

Bed

Bath 6

Bath

SqFt4,300

Sqft

Acres1.02

Acres(Lot)

**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. Th e 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.

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Detail Ic Property Details

Property Type : Residential

Price : $788,000

AD Id : 88246216

MLS Id : 568517814

Beds : 6

Lot Size : 1.02 Acres

Living Area Size : 4,300

Year Built : 2024

Garage : 3

County : Henderson

Subdivision: Lambert Park Subn

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 6 Window Features: Window Coverings

    Bathroom Information

    Total Baths: 4.5 Full Baths: 4 Half Baths: 2
  • Interior Features

    Built-in Features,Double Vanity,Flat Screen Wiring,High Speed Internet Available,Kitchen Island,Pantry,Vaulted Ceiling(s),Walk-In Closet(s),Wired for Data

    Appliances

    Dishwasher,Disposal,Dryer,Electric Oven,Electric Water Heater,Microwave,Refrigerator

    Utilities

    Asphalt,MUD Sewer,MUD Water
  • Cooling Features

    Central Air

    Heating Source

    Electric

    Fireplace

    Number of Fireplaces: 1 Fireplace Features: Raised Hearth,Stone

  • Building Information

    Built Year: 2024 Construction: Siding Roof Type: Shingle
  • Exterior Features

    Covered Patio/Porch

    Foundation

    Slab

    Security Features

    Smoke Detector(s)
  • Laundry Features

    Full Size W/D Area

    Patio And Porch

    Covered

    Fencing

    Chain Link,Full

    Construction Materials

    Siding

  • Lot Information

    Lot Size (Acr): 1.0180 Lot Size Units: Acres Lot Size Square Feet: 44,344 Lot Features: Lrg. Backyard Grass,Subdivision,Water/Lake View
  • Property Information

    SQ ft (Living Area): 4,300 Property Type: Residential Property Sub Type: Single Family Residence Architectural Style: Traditional Subdivision: Eastwood Islands City: Gun Barrel City State: Texas Directions: US 175 East to Exit TX 334. Go 6 miles to Legendary Lane and turn left. Continue to Boshart Way and veer right. Continue to Lakeway Lane. Property Status: Active Levels: One Property Age: 2

  • Listing Price Information

    Original List Price: $788,000 List Price Tot SqFt: $183
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 26750000240053 Tax Legal Description: AB 488 T S MITCHELL SUR, EASTWOOD ISLANDS, LT Tax Lot: 240-R

  • Parking Information

    Has Garage Garage Space: 3 Carport Spaces: 2 Parking Features: Additional Parking,Carport,Concrete,Covered,Detached Carport,Driveway,Garage Door Opener,Gated,Golf Cart Garage,Shared Driveway
  • Homeowners Association Information

    Included Fees: Full Use of Facilities,Management Fees HOA Type: Mandatory HOA: $125.00 HOA Frequency: Annually

  • School Information

    Elementary School: Mabank High School: Mabank Junior High School: Mabank Intermediate School: Mabank School District: Mabank ISD
  • Utility Information

    Utilities: Asphalt,MUD Sewer,MUD Water
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113 Butte Drive, Gun Barrel City, TX, 75156 $119,000 2 1 840 840 SqFt
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304 Wildwind Street, Gun Barrel City, TX, 75156 $119,900 3 1 754 754 SqFt
248 Whispering Trail, Gun Barrel City, TX, 75156 $205,000 3 2 1,568 1,568 SqFt
355 Spring Valley Street, Gun Barrel City, TX, 75156 $145,000 3 2 1,092 1,092 SqFt
229 Maple Street, Gun Barrel City, TX, 75156 $154,000 3 2 1,152 1,152 SqFt
110 W Shadowwood Street, Gun Barrel City, TX, 75156 $139,000 3 2 1,128 1,128 SqFt
109 Bayview Street, Gun Barrel City, TX, 75156 $259,000 4 2 2,240 2,240 SqFt
119 Still Water Street, Gun Barrel City, TX, 75156 $149,900 3 2 1,344 1,344 SqFt
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 08/15/2026 @ 07:51

MLS: 568517814 LISTED BY: Val McGilvra, Cedar Creek Lake Real Estate 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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