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$98,000

107 Circle Dr, Mabank, TX, 75156

$127,400 ARVInfo
Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths448 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$218.75 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesDryer, Electric Range, Electric Water Heater, Refrigerator, Washer
FlooringCeramic Tile, Concrete

Building Information

Year Built2011

Land Information

APN3400-0001-0070-30
Lot Number7
SubdivisionLundy Land #2 (55)
Land UseResidential
Legal DescriptionLT 7 AB 485 I V MICHELLI SUR, LUNDAY LAND ADDN #2 BLK 1 LT 7
Census Tract950904
Assessed Land Value$3,000
Assessed Improvement Value$67,318
Assessment Year2025

About this property

Great Little Rustic Cabin on a Cove at Cedar Creek Lake which leads to large open water. Two Lots, Great for fishing, or just a weekend get a way. Two lots. Home is and efficiency. Owner is leaving refrigerator, slide in electric Stove, Washer and Dryer. Cabin has a Security System, and Electronic Gate, but gate is deactivated. Well insulated, and one AC window unit that owners says will freeze you out. There is also area for a small wood burning stove. Come bring your DIY ideas to make this your special place. Storage Building is 12x8 with a loft. Cove is low due to the drought conditions, but is usually normal depth with great crappie fishing. Serene and peaceful with beautiful open water views from your deck. Great weekend get a way or rental. Make this your special little part of wilderness.

Investor Tools

Property Icon
$96,000
Estimated Property Value
$69,600Estimated Mortgage Balance
$28,363Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$127,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$588 /month
Positive
Cash Flow Estimate:
$196 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$118/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$930
$70,318
2025
$3,000
$67,318
$70,318
No

Tax History

Year
Tax Paid
Assessed Value
2024
$930
$70,318

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southside Bank
Commercial
$69,600
No
First
Oct 29, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$67,637
$28,363
29%
70%
$418/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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