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$340,000

NAL Estimated Property Value

114 Meandering Way, Mabank, TX, 75156

SoldInfo
7/01/26
Beds1 Beds
Baths1 Bath
Baths560 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$607.14 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator

Building Information

Year Built1991

Land Information

APN2885-0000-0070-60
Lot Number7
SubdivisionGreen Acres #1 (24)
Land UseResidential
Legal DescriptionLT 7 AB 241 M GARCIA SUR, GREEN ACRES SUBD #1, LT 7
Census Tract950903
Assessed Land Value$237,000
Assessed Improvement Value$40,502
Assessment Year2025

About this property

Deep open water (owner says 10 foot at end of dock at full pool). Stunning sunset views. One of the best entry price points on Cedar Creek Lake. This one bedroom, one bath lakefront cottage offers the rare combination of deep water access, great area to fish, and a charming tiny home feel that buyers will fall in love with instantly. Located in a community surrounded by some million dollar lake homes, this property is priced to move and positioned to appreciate. Perfect for: Weekend retreat Buyers from the Dallas Fort Worth area, Short term rental and VRBO investors at Cedar Creek Lake, Buyers planning to build a full time custom lake home, First time lake property buyers seeking deep water access. Cedar Creek Lake in East Texas is one of Texas's largest and most desirable inland lakes, drawing buyers from across the DFW Metroplex. Deep open water lots and homes at this price range are rare and highly competitive. Whether you enjoy the property as is or use this as your building site, your future at the lake starts here.

Investor Tools

Property Icon
$340,000
Estimated Property Value
$0Estimated Mortgage Balance
$340,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$459/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,808
$277,502
2025
$237,000
$40,502
$277,502
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,808
$277,502

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$340,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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114 Meandering Way | Property Details | No Agent List