Gun Barrel City, TX Foreclosures
How much do homes sell for in Gun Barrel City, TX?
The average home price is currently $284,678.
In Gun Barrel City, TX, how many homes are available?
There are currently 9 active home listings available in Gun Barrel City.
What’s the average rental cost in Gun Barrel City, TX?
The average rental price in Gun Barrel City is $1,189.
What is the most expensive home in Gun Barrel City?
The most expensive home sold in Gun Barrel City had a price of $3,471,190.
What is currently the cheapest priced home in Gun Barrel City, TX?
The cheapest home for sale in Gun Barrel City is priced at $11,172.
Living in Gun Barrel City, TX
Gun Barrel City, TX, located on Cedar Creek Lake, offers a unique blend of outdoor activities and community charm. With a variety of local amenities and a focus on family-friendly living, it's an ideal place for those seeking a tranquil lifestyle without sacrificing convenience. The area features remarkable recreational options, making it a sought-after location for both permanent residents and vacationers.
Current Market Conditions in Gun Barrel City, TX
Gun Barrel City's real estate market has been experiencing a steady increase in demand due to its attractive lakefront properties and community-oriented lifestyle. As more buyers seek secondary homes or retirement options in a peaceful environment, property values have continued to appreciate, making this area a hot spot for real estate investment. Additionally, the market is characterized by a mix of single-family homes, lake houses, and lots for new construction.
While prices have gone up, the average cost per square foot remains competitive when compared to other Texan lakeside communities, making it an appealing choice for budget-conscious buyers. With the rise of remote working, interest in Gun Barrel City's housing options has increased as more individuals look for homes that offer both comfort and recreational opportunities.
Home Value Estimator For Gun Barrel City, TX
There are currently 4,036 real estate properties
in Gun Barrel City, TX,
with a median automated valuation model (AVM) price
of $230,241.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gun Barrel City, TX, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Gun Barrel City, TX,
is $284,678.00, with the most expensive house
in Gun Barrel City, TX, topping out
at $3,471,190.00 and the cheapest home
in Gun Barrel City, TX,
clocking in at $11,172.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gun Barrel City, TX!
Rent Prices
In Gun Barrel City, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gun Barrel City, TX, is on
a rollercoaster ride. The
average rent price in Gun Barrel City, TX,
is $1,189.00. Indeed, when looking to rent in
Gun Barrel City, TX, you can expect to pay as little
as $590.00 or as much
as $3,290.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Gun Barrel City, TX
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
