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$689,677

NAL Estimated Property Value

108 Luann Way, Mabank, TX, 75156

Off MarketInfo
Beds4 Beds
Baths1 Bath
Baths2,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$226.82 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating Wood BurningHeating Wood Burning
AppliancesOther, Electric Water Heater
FlooringOther

Building Information

Year Built1977
Roof Type105
Garage Spaces2

Land Information

APN4615-0000-0020-30
Lot Number2
SubdivisionWoodcanyon Waters #1 (76)
Land UseResidential
Legal DescriptionLT 2 AB 89 J J BECK SUR, WOODCANYON WATERS #1, LT 2
Census Tract950904
Assessed Land Value$300,000
Assessed Improvement Value$389,677
Assessment Year2025

About this property

MLS #88600 GB-8224. Beautiful 4 bedroom 4 bath lake retreat with open water views. Perfect for a large family or hosting guests! Tree-lined driveway. Outdoor water side deck runs width of home. Great views from the large family room with stone WBFP. Flow-thru kitchen with lots of storage & serving bar. Separate dining area. 2 lake side master suites. Separated guest quarters. Located in highly desirable Woodcanyon Waters - this is a must see!

Investor Tools

Property Icon
$689,677
Estimated Property Value
$354,167Estimated Mortgage Balance
$335,510Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,138 /month
Positive
Cash Flow Estimate:
$1,379 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,100/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,756
$689,677
2025
$300,000
$389,677
$689,677
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,756
$689,677

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$394,657
No
First
Jan 26, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,167
$335,510
48%
51%
$2,367/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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108 Luann Way | Property Details | No Agent List