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$250,508

NAL Estimated Property Value

141 Dolly Drive, Mabank, TX, 75156

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths780 Sq Ft
price_per_sqft$203.85 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
CoolingCooling
AppliancesElectric Range, Microwave, Electric Water Heater
FlooringOther

Building Information

Year Built1974
Roof Type105

Land Information

APN3395-0000-0210-30
Lot Number21
SubdivisionLundy Land #1 (34)
Land UseResidential
Legal DescriptionLT 21 AB 485 I V MICHELLI SUR, LUNDAY LAND ADDN #1 LT 21, A/257
Census Tract950903
Assessed Land Value$112,500
Assessed Improvement Value$138,008
Assessment Year2025

About this property

MLS #87610. GB-8122. RECENTLY REMODELED AND UPDATED OPEN CONCEPT HOME IS THE PERFECT WEEKEND GETAWAY RETREAT, OR FULL TIME RESIDENCE. OVERSIZED BACK YARD IS PERFECT FOR KIDS, PETS AND OUTDOOR ENTERTAINING! LOCATED ON PROTECTED WATER, WITH EASY ACCESS TO THE MAIN BODY OF CEDAR CREEK LAKE, THE FISHING PIER AND STEEL SEAWALL PROVIDES FUN FOR THE ENTIRE FAMILY! DETACHED STORAGE SHED-WORKSHOP AND STORAGE SPACE BENEATH HOME IS GREAT SPACE. DO NOT LET THE SQUARE FOOTAGE FOOL YOU ON THIS HOME; THE PROPERTY FEELS MUCH BIGGER THAN ITS NUMBERS. YOU NEED TO SEE THIS GREAT WATERFRONT HOME UNDER $170K!

Investor Tools

Property Icon
$250,508
Estimated Property Value
$115,390Estimated Mortgage Balance
$135,118Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,503 /month
Positive
Cash Flow Estimate:
$501 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$400/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,544
$250,508
2025
$112,500
$138,008
$250,508
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,544
$250,508

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$128,582
No
First
Jan 25, 2021
Feb 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$115,390
$135,118
53%
46%
$771/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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141 Dolly Drive | Property Details | No Agent List