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$185,000

122 Dowdy, Mabank, TX, 75156

On MarketInfo
Just AddedInfo
Baths0 Bath
Baths784 Sq Ft
Unimproved LandUnimproved Land

About this property

Looking for the perfect getaway? This waterfront lot on Cedar Creek Lake offers everything you need to turn your dreams into reality. Nestled in a quiet cul-de-sac, this peaceful property provides the ideal setting to build your dream cottage, barndominium, or cozy fishing cabin, the possibilities are endless! With direct lake access, it’s a boater’s and angler’s paradise, perfect for fishing, kayaking, or just relaxing by the water. You'll enjoy the serenity of lake life while being just minutes from town, with restaurants, grocery stores, and shops all within easy reach. Whether you're looking for a private retreat, a second home, or a short term investment opportunity, this lot has unbeatable potential. Don’t miss your chance to own a slice of lakeside paradise on one of Texas' most popular recreational lakes!

Investor Tools

$0Estimated Mortgage Balance
$119,290Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month

Interested in this property?

Amy Farris

Allie Beth Allman & Assoc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$191/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,701
$119,290
2025
$90,000
$29,290
$119,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,701
$119,290

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$119,290
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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