CITY SPOTLIGHT:
GUN BARREL CITY, TEXAS
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Gun Barrel City, Texas
At A Glance
Population: 6,804
YOY Increase: +2.24%
Median Home Price: $309,000
YOY Increase: +12.2%
Unemployment Rate: 4.5%
*latest numbers as of Apr. 2024
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GUN BARREL CITY:
SHOOT YOUR SHOT AT A MASSIVE INVESTMENT
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The town's strategic location, not 60 miles from the bustling heart of Dallas, gives investors another reason to be interested. That, on top of its benevolent stance on property taxes, has made it a popular destination.
The natural beauty of the town has also attracted a number of retirees to the area, some of whom are looking to rent in a place where they're able to get away without being too far from the metroplex.
Meanwhile, the town itself has focused on attracting diverse industries such as manufacturing, hospitality, and healthcare as well as offering business assistance programs and incentives to promote local economic prosperity.
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GUN BARREL CITY:
REBUILDING PIER 334
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Pier 334 is the future of Gun Barrel City!
The $19 million project is going to feature:
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- a 60-room boutique hotel with fine dining
- a 20,000-square-foot entertainment pavilion
- a splash park
- an amphitheater and stage
- a marina built on floating docks with 40 boat slips
- a public access fishing dock
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It's expected to be complete by next year! | |
GUN BARREL CITY:
EVERY SUNSET WELCOMES NEW VISITORS
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Renowned as the gateway to one of Texas' largest reservoirs, the town offers a plethora of recreational activities, from leisurely boat cruises to thrilling water sports.
Visitors can explore the picturesque landscape through scenic hiking trails, boat rides across Cedar Creek Lake or just with a relaxing afternoon of fixing along the expansive shoreline.
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Retirees flock to Gun Barrel City for its tranquil lakeside living and vibrant community atmosphere. With affordable lakefront homes, picturesque surroundings, and a welcoming small-town vibe, it's the ideal destination for those seeking serenity and leisurely pursuits in their golden years.
In fact, an investment in Gun Barrel City could double as a potential retirement home when you decide to hang up your hat!
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GUN BARREL CITY:
THINGS TO DO
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Gun Barrel City Festivals
Residents of Gun Barrel love to celebrate and events are plentiful, including lots of music, amazing food from local vendors, and family-friendly games and activities. Fireworks abound around the lake to top off special evenings.
Learn more
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Tom Finley Park
The 355-acre lake is a bass fishing destination, but fishing is not all they offer. Come to swim, boat, paddle, camp, explore nature, or relax. You can boat, hike and bike, camp, geocache and picnic. Rent the picnic pavilion for your next gathering.
Learn more
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Big Crappie Fishing Guide
Creating an unforgettable outdoor fishing experience for everyone. Catching and teaching freshwater fishing skills and techniques to every level and every age angler, all year long. Creating exciting outdoor memories and stories you will be telling for the rest of your life.
Learn more
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Camping at Cedar Creek RV Park
The peaceful RV park is nestled at the end of a family-oriented residential community. Newly remodeled and close to Gun Barrel’s finest restaurants and shops, the park provides endless amenities with 52 large and quiet lots that offer electricity, water and sewer hookups.
Learn more
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GUN BARREL CITY:
A DEEPER DIVE
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- Dallas- 43 min.
- Kaufman- 18 min.
- Mabank- 5 min.
- Mesquite- 35 min.
- U.S. 175
- Texas Highway 198
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GUN BARREL CITY IN THE NEWS | |
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Pier 334 in Gun Barrel City is sure to Impress
CBS 19
More information is being released about a new development project in Gun Barrel City.
"The economic impact of this project is significant," the GBCEDC said. "It will bring many well-paying jobs, multiple dining options, entertainment, public green spaces - all things our citizens requested in the most recent city surveys."
Residents can learn more about the development during a town hall meeting scheduled for Friday, June 2, at 6 p.m. at the Gun Barrel City Council Chambers, located at 1716 W. Main St.
Read more!
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How Gun Barrel City is seeing growth while keeping a small-town feel
CBS 19
Country living, with lake access and lots of growth. It's what makes Gun Barrel City unique, along with its support for one particular presidential candidate - Willie Nelson.
It's an eclectic city that brings something for everyone, and it seems like everyone is catching on. Diane Johannes, president of the Gun Barrel City Economic Development Corporation, said the city saw a lot of growth during the pandemic.
"Nobody wanted to be in the city, everybody, now wanted to be at the lake. So our sales tax revenue actually increased during that time," Johannes said.
Read more!
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Gun Barrel City clears buildings to make way for new park area; Mabank ball parks get new trees
Cedar Creek Lake
Workmen recently removed Big Chief Lodging's buildings from the site of the 1960s-era motel, restaurant and boat house on Highway 334.
Gun Barrel City's Economic Development officials say it will be about two years until plans are made for development of the site. Until then, the area will be used for launching boats, fishing and picnics.
One of the plans to be considered will be a convention center, but city officials will seek input from taxpayers before developing such a project.
Read more!
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READY TO INVEST IN GUN BARREL CITY?
CONTACT OMNIKEY REALTY'S
INVESTMENTS TEAM!
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We are a licensed, top-rated, and experienced property management firm servicing North, East, Central, and South Texas and beyond since 2006. We specialize in single, multi-family, and commercial properties. Our goal is to make the investment property ownership and rental experience a positive, stress-free, and successful one.
VISIT THEIR WEBSITE NOW!
TX #0560726 & OK #205650
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info for this email from: World Population Review, redfin.com, Rocket Homes, areavibes.com, U.S. Bureau of Labor Statistics, Point2Homes.com, rate.com, Federal Reserve Bank of St. Louis, Census Reporter, U.S. Census 2010, U.S. Census 2020, Herald-Banner, American Cottom Museum website, Trip Advisor, ratemyballpark.com, Front Porch News | |
GUN BARREL CITY, TEXAS CITY SPOTLIGHT | |
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