00 First Mate Rd is listed for sale at $ 40,000. This is a property. The lot size is 0.154 Acres. BRGun Barrel City takes its unique name from Gun Barrel Lane, an old, straight mud road (now State Highway 198) that connected nearby towns.Cedar Creek Reservoir: This 32,623-acre lake often referred to as Cedar Creek Lake; is the fourth-largest lake in Texas. Completed in 1965 to supply water to North Texas, it spans 18 miles long with over 220 miles of shoreline.Key Activities and RecreationFishing: The reservoir is well known for largemouth bass, blue catfish, and hybrid striped bass.Boating: The lake is one of the few in the region that allows private boathouses and waterfront property ownership. Gun Barrel City hosts an annual July 4th Festival and Concert at the Park. The spectacular Thunder Over Cedar Creek Lake Airshow takes place over the reservoir during the Fourth of July weekend.