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Days59Days on Market
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$22,900

$22,985

101 Cedar Oaks Drive, Mabank, TX, 75156

On MarketInfo
Price DropInfo
Baths0 Bath
Baths1,381 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1984
Roof Type105
Garage Spaces5

Land Information

APN3540-0006-0310-60
Lot Number31
SubdivisionMichael's Cove (154)
Land UseResidential
Legal DescriptionLT 31 AB 241 M GARCIA SUR, MICHAELS COVE, BLK F LT 31
Census Tract950903
Assessed Land Value$5,000
Assessed Improvement Value$262,935
Assessment Year2025

About this property

HELLOOO HONEY Cedar Creek Lake is one of the largest lakes in Texas, celebrated for its recreational lifestyle and bass fishing. Proudly Claim Your Piece of Texas!. Discover the perfect location to build your dream vacation or forever home in the beautiful and tranquil lake community of Carolynn Estates, setting where deer often roam through Carolyn Estates. Located in Mabank near Cedar Creek Lake, This gated community features a community center with lake access, making it an ideal spot for fishing, boating, and a variety of water activities. Prime lot offers plenty of trees with an incredible view while still being just 8 miles from downtown Malakoff. we are selling the 3 lots right next to each other. THE 3 LOTS ARE TOGETHER ONE NEXT TO THE OTHER AND THE OTHER, EACH LOT $22.990 X 3 = $68.970. OR TO SELL ONE BY ONE

Investor Tools

$105,098Estimated Mortgage Balance
$261,902Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,202 /month
Positive
Cash Flow Estimate:
$734 /month

Interested in this property?

Omar Marin

Realty of America, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$204/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$618
$178,162
2025
$5,000
$262,935
$267,935
No

Tax History

Year
Tax Paid
Assessed Value
2024
$618
$178,162

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Lending Sources
Stand Alone First / Home Equity First Lien
$107,200
No
First
Aug 12, 2005
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$105,098
$261,902
71%
29%
$1,447/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Mabank

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101 Cedar Oaks Drive | Property Details | No Agent List