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$1,925,000

12391 Pleasure Hills Cir, Mabank, TX, 75147

$2,502,500 ARVInfo
On MarketInfo
Beds8 Beds
Baths7 Bath
Baths4,534 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$424.57 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Deal ListARV FlipAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 8Bedrooms 8
Bathrooms Full 6Bathrooms Full 6
Bathrooms Half 1Bathrooms Half 1
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Ice Maker, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Wine Cooler
FlooringCarpet, Slate, Tile, Wood

Exterior

Exterior FeaturesBoat Slip, Dock, Fire Pit, Storage
Lot Size15,246 sqft

Building Information

Garage Spaces4

Land Information

APN00.3030.0000.0013.00.95.00
Lot Number13
SubdivisionPleasure Hill
Land UseResidential
Legal DescriptionPLEASURE HILL LOT 13
Census Tract051301
Assessed Land Value$100,000
Assessment Year2025

About this property

Two residences with a 480 sq ft metal shop on approximately 2.27 acres with 413 feet of platted open waterfront in a private setting in a small quiet waterfront community. The charming hill county inspired 2,375-square-foot main residence offers one bedroom and one full bath on the main level, plus two additional bedrooms upstairs, including a large bunk room with eight custom queen size built-in bunks with storage, bonus room, and two additional full baths. Quality construction is evident throughout with tall ceilings, attractive woodwork, extensive stonework, wood flooring, custom cabinetry, electric blinds, surround sound, a whole-home lighting system, and an attached two-car garage. The open-concept living and dining areas capture open water views and feature a stone wood-burning fireplace with a gas starter, built-in bar with wine refrigerator, ice machine and refrigerated beverage drawers. The kitchen offers granite countertops, custom soft-close cabinetry, bar seating, farmhouse sink, gas cooktop, and built-in oven. A spacious utility and mudroom provides extensive built-in storage and durable slate flooring. Positioned atop the hill, the home overlooks the lake from an expansive covered patio finished in slate tile, with three separate stone fire pit seating areas. The 2,159-square-foot second residence offers five bedrooms, 3.5 bathrooms, and a spacious living area. The home is in need of repairs and updates, presenting an opportunity for renovation or new construction. The generous acreage provides ample space to tear down the second residence and construct a larger waterfront residence while retaining the existing main home as guest accommodations or sell one of the residences. Includes most furnishings with a few exclusions. Conveniently located just minutes from Highway 175, the property offers an easy commute to DFW while remaining close to Cedar Creek Country Club where golf and social memberships are available. Watercraft available separately.

Investor Tools

Property Icon
$2,997,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,997,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$2,502,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,982 /month
Positive
Cash Flow Estimate:
$5,994 /month

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Ebby Halliday Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,377/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,536
$100,000
2025
$100,000
N/A
$100,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,536
$100,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,997,000
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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12391 Pleasure Hills Cir | Property Details | No Agent List