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$1,155,429

NAL Estimated Property Value

116 Carribean Circle, Mabank, TX, 75156

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,539 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$636.13 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Plumbed For Ice Maker
FlooringLaminate, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters

Building Information

Year Built1974
Roof Type105
Garage Spaces2

Land Information

APN2580-0000-0100-30
Lot Number10
SubdivisionDeer Island Estates (46)
Land UseResidential
Legal DescriptionLT 10 AB 89 J J BECK SUR, DEER ISLAND ESTS, LT 10, C/118
Census Tract950904
Assessed Land Value$712,800
Assessed Improvement Value$442,629
Assessment Year2025

About this property

Stunning Lake Escape On A Gorgeous Peninsula With Over 300 Feet Of Waterfront! This 3 bedroom 3 bath has been completely renovated! Beautiful contemporary rustic finish outs with amazing water views from every room! Great open living area with vaulted ceiling, wbfp, and wet bar. Wonderfully equipped kitchen with huge island, custom cabinets, tile backsplash, double ovens, and pot filler. Split bedroom arrangement with each room featuring lake access plus ensuite bathrooms with walk in tiled showers. Sprawling lakeside deck perfect for entertaining with built in table that seats 18, an outdoor kitchen, and hot tub.

Investor Tools

Property Icon
$1,155,429
Estimated Property Value
$0Estimated Mortgage Balance
$1,155,429Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,933 /month
Positive
Cash Flow Estimate:
$2,311 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,843/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,338
$1,155,429
2025
$712,800
$442,629
$1,155,429
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,338
$1,155,429

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,155,429
100%
0%
$0/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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116 Carribean Circle | Property Details | No Agent List