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$362,279

NAL Estimated Property Value

128 Bay Drive, Mabank, TX, 75156

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,200 Sq Ft
price_per_sqft$232.5 / sqft
Year BuiltBuilt in 2005

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Electric Water Heater
FlooringCeramic Tile, Vinyl

Building Information

Year Built2005
Roof Type112
Garage Spaces1

Land Information

APN4380-0001-0480-30
Lot Number48
SubdivisionTimber Bay (180)
Land UseResidential
Legal DescriptionLT 48 AB 487 J M MENDOZA SUR, TIMBER BAY, BLK A LT 48, B/102
Census Tract950904
Assessed Land Value$180,600
Assessed Improvement Value$181,679
Assessment Year2025

About this property

MLS #: 87920. GB-8157. WONDERFUL WATER VIEWS AND DEPTH! LOCATED ON PROTECTED WATER, YET HAVING OPEN VIEWS, THIS THREE BED TWO BATH OPEN CONCEPT HOME IS PERFECT FOR FULL TIME LIVING, OR YOUR WEEKEND GETAWAY. MASTER BEDROOM HAS EN SUITE BATHROOM. TWO GUEST BEDS AND GUEST BATH HAS GREAT SPACE. FENCED BACK YARD IS PERFECT FOR KIDS & PETS AND THREE TIERED BACK PORCH SITTING AREA IS GREAT FOR OUTDOOR ENTERTAINING. THROW IN THE UPDATED TWO SLIP BOATHOUSE AND DETACHED GARAGE (WHICH CAN BE CONVERTED INTO A MAN CAVE, GAME ROOM, ETC...) THIS WATERFRONT HOME IS GREAT FOR ANY FAMILY OR SEASON!

Investor Tools

Property Icon
$362,279
Estimated Property Value
$146,386Estimated Mortgage Balance
$215,893Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,174 /month
Positive
Cash Flow Estimate:
$725 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$566/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,979
$362,279
2025
$180,600
$181,679
$362,279
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,979
$362,279

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$160,000
No
First
Nov 5, 2021
Dec 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,386
$215,893
59%
40%
$960/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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128 Bay Drive | Property Details | No Agent List