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$450,644

NAL Estimated Property Value

104 W Bayside Dr, Mabank, TX, 75156

$585,837 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,933 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.33 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave

Exterior

Exterior FeaturesBoat Slip, Dock
Lot Size22,216 sqft

Building Information

Year Built1978
Roof Type105
Garage Spaces5

Land Information

APN3540-0004-0300-60
Lot Number30,LT
SubdivisionMichael's Cove (154)
Land UseResidential
Legal Description30 AB 241 M GARCIA SUR, MICHAELS COVE, BLK D N/2 OF LT 30 & ALL OF LTS 31 & 32
Census Tract950903
Assessed Land Value$207,000
Assessed Improvement Value$308,933
Assessment Year2025

About this property

MASSIVE PRICE DROP! MOTIVATED SELLER! INVESTOR SPECIAL! Seller is willing to look at all reasonable offers. Looking for remodel or investment opportunity? Want waterfront and a large yard, come check this house out! Located on two and half lots, just over a half-acre. There is plenty of room for lake toys. Relax in the screened in porch, after you fish in one of the great known Croppie spots, right in your new backyard! Roof and fence were replaced in 2018. The original garage was converted into a great open kitchen and dining area with tray ceiling. The kitchen has granite countertops, stainless steel appliances including a double oven, also the home has cedar lined closets and a wall safe, and an outdoor shower. There is an outbuilding that was turned into a bunkhouse years ago with a kitchenette and bathroom, but no value was given due to its condition; it could possibly be remodeled but currently is just a storage building. There is a large nonattached garage, and a second storage shed. The house needs some love but has great potential!

Investor Tools

Property Icon
$450,644
Estimated Property Value
$243,446Estimated Mortgage Balance
$207,198Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$585,837
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,704 /month
Positive
Cash Flow Estimate:
$901 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$448/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,118
$450,644
2025
$207,000
$308,933
$515,933
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,118
$450,644

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$244,150
No
First
Mar 17, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$243,446
$207,198
45%
54%
$1,464/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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104 W Bayside Dr | Property Details | No Agent List