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$339,000

101 Lakewood Drive, Mabank, TX, 75156

Off MarketInfo
Baths0 Bath
Baths1,456 Sq Ft
Year BuiltBuilt in 1980

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size11,848 sqft

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APN90.5925.901.060.00.112
Lot Number60,A
SubdivisionLakeshore Acrs-Rev
Land UseResidential
Legal DescriptionLOT A-60 LAKESHORE ACRS-REV 0.272 AC
Census Tract061100
Assessed Land Value$70,000
Assessed Improvement Value$190,000
Assessment Year2025

About this property

Great opportunity! Nearly half an acre of prime lakefront property on Cedar Creek Lake, ready for you to build your dream home. This lot offers around nearly 50 feet of shoreline, a gentle slope toward the water, and peaceful lake views. Electricity, water, and septic hookup are on site. You’ll enjoy easy boat access, peaceful evenings on the waters edge, and plenty of room for outdoor space—think fire pits, gardens, big patios. Road frontage is good and maintenance is reliable. Ideally situated so you get lake-living with town conveniences only a short drive away. Perfect for someone wanting waterfront lifestyle

Investor Tools

Property Icon
$339,000
Estimated Property Value
$0Estimated Mortgage Balance
$295,871Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,034 /month
Positive
Cash Flow Estimate:
$678 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$560/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,024
$260,000
2025
$70,000
$190,000
$260,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,024
$260,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dollar Family Ministry
Unknown
$75,000
No
First
Dec 18, 2003
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$43,129
$295,871
87%
13%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$50/mo
+$1,922/mo
7.0%

Learn About the Market: Opportunity in Texas

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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.

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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 Lakewood Drive | Property Details | No Agent List