0.16-acre
For Sale within
Gun Barrel City Limits
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(541) 375-0012
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Discover the potential of this well-located property within the city limits of Gun Barrel City. Zoned R-3 residential, this lot offers flexibility for a variety of residential uses. There are no deed restrictions, and while HOA restrictions date back to 1964, it appears the HOA is no longer active, giving you added freedom. Public water and sewer are available, with electricity conveniently located at the street, making development easier and more cost-effective.
Enjoy quick access to local favorites like Tom Finley Park and Cedar Creek Reservoir, perfect for boating, fishing, and outdoor recreation. Just minutes from downtown Gun Barrel City for shopping, dining, and daily necessities, and only about 60 minutes from Dallas, this property blends small-town living with easy access to big-city amenities.
Address: Elaine Dr Mabank, TX, 75156
Cash Discount Price: $74,900.00
*There is a $1000 deposit required with all purchases. $500 is a non refundable transaction fee and the remaining $500 would be applied to the purchase price at time of closing.
Owner Financed Price: $74,900.00
Owner Financing Terms: $29,900.00 down and $1,205.01/month for 48 months.
*Applicable fees may apply including but not limited to $35/ month servicing fee and 12.9% interest for owner financing. Buyer is responsible for annual property tax. Contact Country Land Sellers for more details. Monthly payment subject to change based on down payment. Monthly payment shown is an estimate only.
County: Henderson
Acres: 0.16 Acres (Raw Land)
Coordinates: 32.32575, -96.1558
Parcel #: 279115
Yearly Estimated Taxes: $1,962.84
Elevation: 395 FT
Property Dimensions: 92.02 FT X 52.60 FT X 114.39 FT X 36.14 FT X 120.92 FT
Zoning: Single-Family Detached Residential District (R-3)
County Planning and zoning phone #: Gun Barrel City Hall
Brittany Anderson
City Planner
banderson@gunbarrelcity.gov
(903) 887-1087
Link to zoning info on county website: https://www.gunbarrelcity.gov/277/City-Planner
Does this property have an HOA?: No
Does this property have a survey?: Yes
Elementary school: Lakeview Elementary School
Middle school: Mabank J High School
High school: Mabank High School
Phone # for electric company: TXU (855) 750-0899 or (888) 399-5501
Bounce Energy (888) 452-6862
Direct Energy (888) 305-3828 or (877) 877-3268
Reliant Energy (866) 222-7100
Legal Description: Lt 57 Ab 488 T S Mitchell Sur, Sandy Shores #1 Lt 57
If this property is not what you are looking for, go to our website at www.countrylandsellers.com and sign up for our deal alerts; you will be notified whenever we have a new property for sale! Or, e-mail, call or text us, and we may be able to find the property you are looking for.
Disclaimers: This property is being sold “as is”. We do our best to collect accurate information, but we cannot guarantee that any of the information in this ad is correct, we recommend each buyer do their own research. We do our best to get pictures of the actual property, but they may not be of the property we are advertising. This Property is being sold “as is”, the information we have listed in this ad may or may not be correct, but it is what we found when we researched this property. Please talk to a surveyor if you wish to verify the size of the property, the property may not be the size we have listed in the ad, we are just relaying the information the county has on the property. Under no circumstances do we ever do refunds on any property, it is the buyers responsibility to do their own due diligence before buying.
TX-Henderson-0.16-MJ-2025