Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$1,925,000

12391 Pleasure Hills Cir, Mabank, TX, 75147

$2,502,500 ARVInfo
On MarketInfo
Beds8 Beds
Baths7 Bath
Baths4,534 Sq Ft
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

$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

Interested in this property?

Debbie French

Ebby Halliday Realtors

ContactContact

Want alerts when something changes with this property?

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

City: Mabank

12391 Pleasure Hills Cir | Property Details | No Agent List