75156 Home Values

This zip code is all about Cedar Creek Lake and the communities orbiting it -- Gun Barrel City, Mabank, Eustace. The housing stock splits cleanly: you've got older lakefront cottages from the 70s and 80s sitting on the water, many remodeled with modern kitchens and new decks, and then a wave of new-construction three-bed ranches popping up in subdivisions just minutes from the shore. Gated golf-course communities like Pinnacle Club hold the high end, while manufactured homes on half-acre lots anchor the affordable side.

Homes in 75156 closed at roughly $158 per square foot in recent months, a step down from the $168 per square foot recorded across the trailing year, indicating that valuations in this lake-area market have continued to soften into 2026. Based on MLS data for May 2026 closings in 75156, sellers received about 92 cents on the dollar on average — a gap that showed up across nearly half of all closed transactions. Roughly one in four closings included seller-paid concessions averaging close to $7,800. Closed sales took an average of 72 days from list to contract, with more than four in ten deals finalizing below the original asking price.

With 18.3 months of supply and 630 homes currently active, 75156 carries one of the most extended inventory profiles in the region. The pending-to-active ratio sits at roughly 14%, pointing to sluggish near-term absorption. New listings continued flowing in — 370 came to market in the trailing period — while only 87 sales are currently under contract. The combination of slow contract formation and extended time on market signals that demand has not yet caught up with available supply in this zip code.