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$949,000

$1,050,000

120 Turners Cir, Mabank, TX, 75156

$1,177,640 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths3,058 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$310.33 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Oven, Electric Range, Ice Maker, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Boat Slip, Courtyard, Dock, Rain Gutters, Lighting

Building Information

Year Built1983

Land Information

APN4615-0000-0510-30
Lot Number51
SubdivisionWoodcanyon Waters #1 (76)
Land UseResidential
Legal DescriptionLTS 51 & S AB 89 J J BECK SUR, WOODCANYON WATERS #1, LTS 51 & S/2 OF 52-----A/252
Census Tract950904
Assessed Land Value$210,000
Assessed Improvement Value$386,638
Assessment Year2025

About this property

Welcome to 120 Turners Circle in the sought-after Wood Canyon Waters subdivision on Cedar Creek Lake. Situated on 1.5 lots totaling approximately .29 acres, this open waterfront property offers protected cove water, open water views, and spectacular sunset views. The main home at 2405SF features 3 bedrooms, 3 full baths, and designed for comfortable lake living and entertaining. The open plan connects the living, dining, and kitchen areas, creating a warm and inviting gathering spaces. The living room offers beautiful water views, a wood-burning fireplace, and bar counter with pass-through access to kitchen. The kitchen features quartz countertops, a stainless double-bowl sink, electric range, abundant cabinetry, and an island with bar seating. The dining area provides plenty of room for family meals and entertaining. Two primary suites offer flexibility for owners and guests. One is on the main level and the second upstairs, each with private ensuite baths. The upstairs suite includes a private lakeside balcony perfect for enjoying lake breezes, stunning sunsets, and peaceful waterfront views. The third bedroom, currently used as an office, offers an exterior entrance. A full guest bath is located off the main living area. A detached 653SF guest quarters, flex space adds tremendous versatility featuring a kitchenette with counter space, cabinetry, double sink, microwave, refrigerator, and a full bath with tub-shower combination. Outside, mature shade trees, landscaping, circular drive, and courtyard entrance enhance the property's appeal. Outdoor deck areas provide ideal spaces for relaxing, entertaining, and enjoying lake activities. The single-slip boathouse includes a pontoon cradle. POA members enjoy access to a gated boat launch. Wood Canyon Waters is one of Cedar Creek Lake's most desirable waterfront communities, known for excellent water, beautiful homes, and outstanding lake living. Create lasting family memories at the lake. Life is Better at the Lake.

Investor Tools

Property Icon
$553,000
Estimated Property Value
$0Estimated Mortgage Balance
$553,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,177,640
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,694 /month
Positive
Cash Flow Estimate:
$1,898 /month

Interested in this property?

Debbie Schwanbeck

Fathom Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$429/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,388
$544,997
2025
$210,000
$386,638
$596,638
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,388
$544,997

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$582,000
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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120 Turners Cir | Property Details | No Agent List