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$633,000

NAL Estimated Property Value

138 Pin Oak Dr, Mabank, TX, 75156

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,568 Sq Ft
price_per_sqft$407.53 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 3Bathrooms Half 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
FlooringTile, Wood

Building Information

Year Built1973
Roof Type105
Garage Spaces2

Land Information

APN4225-0001-0190-60
Lot Number19
SubdivisionSummerall #1 (91)
Land UseResidential
Legal DescriptionLT 19 AB 241 M GARCIA SUR, SUMMERALL #1, BLK 1 LT 19, A/159
Census Tract951102
Assessed Land Value$210,000
Assessed Improvement Value$289,695
Assessment Year2025

About this property

138 Pin Oak Drive is a beautifully updated three bedroom, three full bath lake home situated on open water at Cedar Creek Lake. Designed for easy, relaxed lake living, this move-in ready home features recent updates throughout and offers the perfect setting for full time living, weekend getaways, or entertaining family and friends. Enjoy wide-open water views from the screened in porch, an ideal spot for morning coffee, evening sunsets, or quiet afternoons by the lake. The large fenced backyard provides plenty of space for pets, children, outdoor games, and lakeside gatherings. The boathouse sits over good water depth, offering convenient access for boating and lake activities. The third bedroom is thoughtfully set up with two sets of bunk beds, making it perfect for weekends with family and friends. Additional features include a detached garage, generous outdoor space, and a highly desirable waterfront setting. With open water, updated interiors, three full baths, a screened porch, fenced backyard, bunk room, and low maintenance appeal, this property is also a great setup for an investment rental or short-term lake retreat. 138 Pin Oak Drive is the perfect open-water lake house for any family looking to enjoy the lake lifestyle.

Investor Tools

Property Icon
$633,000
Estimated Property Value
$203,620Estimated Mortgage Balance
$429,380Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,834 /month
Positive
Cash Flow Estimate:
$1,278 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$840/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,919
$499,695
2025
$210,000
$289,695
$499,695
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,919
$499,695

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Strong Home Mortgage Llc
Conventional
$226,450
No
First
Mar 9, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,620
$429,380
67%
32%
$1,358/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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138 Pin Oak Dr | Property Details | No Agent List