tomo logo

$519,000

Beds
4
Baths
3.0
sq ft
1,848

164 Redondo Dr, Gun Barrel City, TX 75156

164 Redondo Dr

Gun Barrel City, TX 75156

  • 4 days on market
Welcome to Five Pines, a truly unique lakefront fully furnished retreat offering breathtaking sunset views through five majestic Mississippi pines from a spacious wrap-around deck. With over 150 feet of shoreline, this gem sits on a Sandy Shores lot in a relaxed protected cove. The home has been updated with stylish features, including a detached cedar party pavilion and a turf fire pit area designed for outdoor entertainment. The master bedroom offers stunning water views right from the bed. Large open spa like master bathroom. Lots of options to reconfigure floor plan to buyers liking and turn garage into master suite. Currently, the three-car garage is being converted to large fun and rustic play room, bunk room, & half bath. Garage conversion is 75% complete and is an additional 768 sqft which is included in size shown. The deck connects to this new area, offering even more space for relaxation and entertainment. The open-concept kitchen and living room showcase lake views. Priced to account for spots of wood wall repair needed and dirt fill while water level permits. Water is currently low, but always fills back up by first of Spring. Located 3 minutes from the city, restaurants, groceries, Starbucks, & main boat ramp. Sandy Shores is one of Cedar Creek Lake’s most desirable and rapidly growing neighborhoods, with neighboring homes in cove selling for $1.2–$1.5 million. Currently part-time rented on Airbnb and used by sellers, the property has generated over $30,000 in rental income with part-time use, offering significant potential for full-time rental earnings. Next door, a .18-acre vacant lot with its own boat dock is also available for purchase, so could rent out both. Water level usually 4-5' feet in area of boat dock. The new Pier 334 has started construction at entrance of Sandy shores, featuring a Hilton boutique hotel, a 20,000-square-foot, 3 story entertainment pavilion with bars and restaurants, a marina, splash park, amphitheater, & fishing pier.

Details

Property type

Single Family Residence

Est. home value

$428,977

Lot size

0.3 acres

Price per sq ft

$281

Year built

1985

Annual property taxes

$5,268

Price History

01/07/2025
NTREIS

NTREIS #20810231

Listed
$519,000
04/22/2020
NTREIS

NTREIS #14166233

Removed

Schools & Community

Elementary school: 

Mabank

Middle school: 

Unknown

High school: 

Mabank

School district: 

Mabank ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$276,301
Asking price
$519,000
Closing costs (~8% of asking)
-$41,520
Est. remaining loan balance
-$201,179
Cash to seller
$276,301

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

April 2020

Original loan amount

$223,200

Est. remaining balance

$201,179

Interest rate

3.29%

Loan type

New Conventional, 30 year

Seller

Anna C Mckinzie and Joshua Tyler

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

NTREIS
$449,000
4 bd
|
3 ba
|
2,102 sq ft
|
House

310 E Pine St, Mabank, TX 75147

Price drop
NTREIS
$450,000
4 bd
|
3 ba
|
2,300 sq ft
|
House

319 Bounding Main St, Gun Barrel City, TX 75156

Status: Active

Tomo last checked: 01/11/2025 at 7:00 PM

Listing updated: 01/11/2025 at 11:32 AM

Listed by: Josh Tyler, JPAR - Frisco Phone #: (972) 836-9295

MLS: NTREIS #20810231

NTREIS logo

Recently listed in Gun Barrel City