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$275,492

NAL Estimated Property Value

108 Mcalister St, Mabank, TX, 75156

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,368 Sq Ft
price_per_sqft$182.75 / sqft
Year BuiltBuilt in 1997

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, Electric Range
FlooringCarpet, Laminate

Exterior

Exterior FeaturesFire Pit

Building Information

Year Built2002
Garage Spaces4

Land Information

APN2325-0001-0020-30
Lot Number2
SubdivisionCedar Branch Park (258)
Land UseResidential
Legal DescriptionLT 2 AB 487 J MENDOZA SUR, CEDAR BRANCH PARK SEC 1, BLK 1 LT 2------C/92
Census Tract950904
Assessed Land Value$216,000
Assessed Improvement Value$59,492
Assessment Year2025

About this property

This waterfront property is full of potential and ready for your lakeside vision! Whether you're dreaming of building a brand-new home or restoring the charm of the existing one with a bit of elbow grease, this lot offers a fantastic opportunity to enjoy lake life this summer. Perfectly situated—not far from shopping, dining, and everyday conveniences—yet it feels like a world away from the hustle and bustle. It’s the kind of place where time slows down and weekends stretch just a little longer. Picture peaceful mornings fishing by the water, followed by evenings filled with laughter, cookouts, and water views from the deck. The neighborhood no longer allows manufactured homes, and you'll notice a wave of beautiful new construction happening all around. Whether you build from the ground up or breathe new life into the existing structure, this gem is your chance to create a lakefront escape that’s all your own.

Investor Tools

Property Icon
$275,492
Estimated Property Value
$0Estimated Mortgage Balance
$275,492Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,653 /month
Positive
Cash Flow Estimate:
$551 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$442/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,925
$275,492
2025
$216,000
$59,492
$275,492
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,925
$275,492

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$275,492
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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108 Mcalister St | Property Details | No Agent List