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$299,000

120 Janice Lane, Mabank, TX, 75156

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$249.17 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator
FlooringVinyl

Exterior

Exterior FeaturesDog Run, Private Yard, Storage
Lot Size1 sqft

Building Information

Year Built1981
Roof Type105
Garage Spaces2

Land Information

APN3365-0003-0120-50
Lot Number12
SubdivisionLeisure Land (297)
Land UseResidential
Legal DescriptionAB 795 G T WALTERS SUR, LEISURE LAND, BLK 3 LT 12, B/53
Census Tract950905
Assessed Land Value$15,000
Assessed Improvement Value$187,849
Assessment Year2025

About this property

Owner financing terms considered with strong down payment. Beautiful secluded country lake living outside city limits! Nestled on nearly 1 acre of mature trees in the desirable Leisure Land POA, this property includes a community boat ramps & a swim lot.Jjust 45 mins from Dallas. Updated 1200 sqft 3BR 2BA home is move-in ready with all appliances (including washer dryer) conveying. Unmatched storage with a massive metal RV boat building, 2-car garage, and extra storage outbuilding.

Investor Tools

$274,476Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

Interested in this property?

Steve Koleno

Beycome Brokerage Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$173/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$820
$202,849
2025
$15,000
$187,849
$202,849
No

Tax History

Year
Tax Paid
Assessed Value
2025
$820
$202,849

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gold Star Mortgage Financial Group Corp
Conventional
$141,000
No
First
Feb 14, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,476
N/A
0%
109%
$1,692/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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120 Janice Lane | Property Details | No Agent List