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$469,500

NAL Estimated Property Value

127 Palisade Dr, Mabank, TX, 75156

$604,197 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,978 Sq Ft
price_per_sqft$227.5 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven
FlooringCarpet, Hardwood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1972
Garage Spaces2

Land Information

APN3675-0000-6240-50
Lot Number624
SubdivisionOak Harbor Subd (798)
Land UseResidential
Legal DescriptionLT 624 & E AB 698 M M SANCHEZ SUR, OAK HARBOR LT 624 & E/2 OF LT 625, B/122
Census Tract950601
Assessed Land Value$94,500
Assessed Improvement Value$375,000
Assessment Year2025

About this property

MOTIVATED SELLER***5K SELLER CREDIT!!! RESORT LIVING!!!! 45 minutes from Downtown Dallas! Gorgeous, Newly Built 2-story home on Shores of Cedar Creek Lake. Oversized Lot Bordered by 2 Canals, with Brand New Dock & 225’ Custom Retaining Wall, New Sprinkler System, Stunning Views from the Primary Suite, Balcony, Patio. This 3 Bedroom 2.5 Bath home Features Gourmet Kitchen, Loft & Balcony, High Ceilings, Open Floor Plan, Hand-Scraped Hardwoods & Custom Lighting w-inviting view greeting you the moment you walk in. Kitchen Boasts Granite Counters, Custom Cabinets, Large Island and Modern Fixtures. Enjoy evenings on the covered back patio. Primary Suite features 2 Walk-in Closets, Fabulous Primary Bath includes Spa Bath & Shower! 2nd Floor offers 2 BR's, XL Full BA, Loft & oversized Balcony to enjoy beautiful Lake sunsets. *** Beautiful Primary Residence, Weekend Lake Home or a AirBnB Short-Term Rental!!!! This is a Must See!!!

Investor Tools

Property Icon
$469,500
Estimated Property Value
$399,833Estimated Mortgage Balance
$69,667Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$604,196
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,817 /month
Positive
Cash Flow Estimate:
$939 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$367/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,054
$469,500
2025
$94,500
$375,000
$469,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,054
$469,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Optimum First Inc
Conventional
$407,000
No
First
May 24, 2025
Jun 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$399,833
$69,667
14%
85%
$2,441/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.

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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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127 Palisade Dr | Property Details | No Agent List