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B+
NoAgentList RatingHow are grades calculated? Info

$735,000

103 Carson Rd, Mabank, TX, 75156

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,596 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$460.53 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBoat Slip, Dock, Fire Pit, Rain Gutters, Lighting
Lot Size6,970 sqft

Building Information

Year Built2006
Garage Spaces1

Land Information

APN2390-0003-A780-30
Lot Number1078,LT
SubdivisionCherokee Shores (4509)
Land UseResidential
Legal DescriptionLT 1078 & PT OF 1077 AB 132 G CHOVANNO SUR, CHEROKEE SHORES, SEC C, LT 1078 & PT OF 1077, C/362
Census Tract950904
Assessed Land Value$254,670
Assessed Improvement Value$407,555
Assessment Year2025

About this property

Nestled in a calm, wide and deep cove, this waterfront home offers 1.5 lots and 85 feet of shoreline, perfect for paddleboarding or kayaking. This home features 3 bedrooms w one that includes built-in bunkbeds, 2 baths, and a loft overlooking a spacious 2-story living area with stone fireplace, surrounded by grand windows offering spectacular lake views. Enjoy the wrap-around deck shaded by mature trees, ideal for family cookouts and entertaining, leading to a firepit with built-in seating perfect for sunsets. The two-level boat dock includes a ski boat slip and 2 PWC lifts, with a remote lit party deck for evening festivities. Recent upgrades include an updated roof in 2023, upgraded lake pump-controller for irrigation, and a steel retaining lake wall in 2017. This property has excellent potential as an Airbnb, with its current layout accommodating up to 11 guests. Additionally, the furniture may be available for purchase, offering a seamless turnkey opportunity.

Investor Tools

Property Icon
$662,225
Estimated Property Value
$0Estimated Mortgage Balance
$662,225Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,410 /month
Positive
Cash Flow Estimate:
$1,470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,040/month
$197/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,170
$662,225
2025
$254,670
$407,555
$662,225
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,170
$662,225

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$662,225
100%
0%
$0/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.

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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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103 Carson Rd | Property Details | No Agent List