Active
2 units6 bd6 ba4,300 sqft
Cost to live here
$3,612/moafter $1,864/mo in rent
Income to qualify: about $128,000 a year, rent counted
At 20% down, 30-year fixed. From 3% down.
$749,990•House + ADU
131 Lakeway Lane, Gun Barrel City, TX 75156
102 Misty Glen Circle, Gun Barrel City, TX 75156
Active
Listed 146 days agoOwner-Occupant Eligible
About $2,993 a month to live here, after the rent from the other home.
House + ADU2,334 sqft4 beds3 bathsListed Jun 19, 2026
A house with a second home on the lot. Live in one and rent out the other. How it works
Live here for about
$2,993a month
The second home on the lot rents for $1,138. We hold back $205 of that for repairs and an empty month, and the rest goes toward a $3,926 monthly payment.
Income to qualify: about $99,000 a year
With how much down?
At 20% down ($119,980) and 6.0%, 30-year fixed. Your rate and down payment change this.
Get rich slow: keep this loan ten years and the payments pay off about $78,000 of it. See the ten-year math
How we work this out
The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.
$17,997 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own
ABOUT THIS HOME
Discover your own slice of lakeside paradise at 102 Misty Glen Circle! Nestled on 2 waterfront lots totaling 0.584 acres in sought-after Mantle Manors, this exceptional property offers more than just a home, it delivers a lifestyle! With direct access to Cedar Creek Lake, a detached guest house, spacious workshop, RV accommodations & whole-property backup power, the possibilities are endless. Mature shade trees frame the beautifully refreshed exterior, complemented by fresh paint, updated landscaping, native plants, artificial turf & landscape lighting. A tranquil koi pond & glimpses of the water add to the peaceful retreat-like atmosphere. Inside, the 2,334 SF main home offers room to spread out with 4 bedrooms, 2.5 baths, 2 living areas, an office, formal dining, eat-in kitchen, sunroom & built-in storm shelter or safe room. Thoughtful improvements include granite countertops, stainless appliances, newer windows & a high-efficiency Trane HVAC system. Ready for lake days? Your private boat dock with electric lift sits along a canal with a typical depth of approximately 4', providing direct access to Cedar Creek Lake for boating, fishing & endless waterfront adventures. The detached 447 SF guest house features an open-concept studio with living, dining & sleeping space, a full kitchen & bath, perfect for extended family, visiting friends, a private workspace or potential rental income. A 600 SF workshop, multiple storage buildings, 2-car carport, generous parking, 30 & 50-amp RV hookups & hardwired 12.5kW dual-fuel Westinghouse generator add convenience & functionality. For just $125 annually, Mantle Manors residents also enjoy access to a private boat launch, fishing pier, waterfront park & pavilion. Whether you're dreaming of a permanent lakeside escape, a weekend getaway or a property with income potential, this versatile waterfront retreat is ready to make those dreams a reality!
House + ADU
Property Type
25,439 sqft
Lot Size
1985
Year Built
Listing Date: 06/19/2026
Listed by: Danae Oglesby
Listing office: Stewart & McGee Real Estate
Source: NTREIS #21302979
Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.
CHOOSE YOUR UNIT
Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.
If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.
CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.
OFFER PRICE
Change your offer and watch the monthly cost move.
Purchase Price
-15%
$599,900
+15%List Price
FINANCIALS
How much do you want to put down?
Purchase price$599,900
Your Down Payment$119,980
Financed$479,920
Estimated Monthly Payment$3,926
Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.
MONTHLY BREAKDOWN
Estimate at 20% down ($119,980) and 6.0%, 30-year fixed. Your rate and down payment change this.
Estimated Monthly Payment (Before Rental Income)
$3,926/month
Principal + Interest
$2,877Property Taxes
$653Home Insurance
$386HOA$10
Rental Income (1 Unit)
$1,138/month
From the listing description.
Rental Expenses
-$205Cost to live hereCost to live here, after rent
$2,993/month
Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.
LOCATION
BEFORE YOU OFFER
Now run it on your paycheck.
This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.
Free. No credit pull.
MLS# 21302979 · Listing office: Stewart & McGee Real Estate
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
