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$232,000

NAL Estimated Property Value

144 Crestwood Dr, Mabank, TX, 75156

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths908 Sq Ft
price_per_sqft$186.12 / sqft

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 5Bathrooms Full 5
CoolingCooling
AppliancesDishwasher, Other
FlooringOther

Exterior

Exterior FeaturesStorage

Building Information

Roof Type105

Land Information

APN2085-0000-1150-50
Lot Number115
SubdivisionBaywood Estates (315)
Land UseResidential
Legal DescriptionLTS 115 & N AB 59 J P BROWN SUR, BAYWOOD ESTATES, LTS 115 & N/2 OF 116
Census Tract950905
Assessed Land Value$21,000
Assessed Improvement Value$170,316
Assessment Year2025

About this property

Charming Home close to Cedar Creek Lake! Offering 2 bedrooms and 1 bath, 900+ sqft, and a great layout with extra storage or a work room. Sitting on 2 lots with nice big trees and access to the POA Boat Ramp and Covered Picnic Area. This home is cute as a button and IS MOVE IN READY. Needs nothing but your furniture and no honey do list on this house. Recently this home had gone through a full update-full REHAB in 2022. Taken down to the studs with new electrical including a new meter, and water lines, updated with new 220V for oven, dryer, and new water heater. All new drywall, siding, paint, flooring, fixtures, and appliances. Great location close to shopping and entertainment and very close to the lake. Would make a great 2nd home, rental, Airbnb or VRBO which is allowed in this HOA. Hurry won’t last long!!

Investor Tools

Property Icon
$232,000
Estimated Property Value
$196,859Estimated Mortgage Balance
$35,141Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,392 /month
Positive
Cash Flow Estimate:
$464 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$171/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$895
$191,316
2025
$21,000
$170,316
$191,316
No

Tax History

Year
Tax Paid
Assessed Value
2024
$895
$191,316

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Fha
$160,047
Yes
First
Feb 27, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,859
$35,141
15%
85%
$1,246/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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