B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$374,000

1490 Vz County Road 2816, Mabank, TX, 75147

$399,075 ARV

Off Market

4 Beds

3 Bath

1,959 Sq Ft

Single Family Residence

$199.03 / sqft

Built in 1979

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Garage Available

AppliancesDishwasher, Disposal, Electric Range, Microwave

FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Storage

Lot Size2.26 acres

Building Information

Year Built1979

Stories1

Garage Spaces2

Land Information

APN072.0038.0545.0000.0000

Land UseResidential

Legal DescriptionACRES: 2.264 ABST: 38 SUR: J P BODEN

Census Tract951002

Assessed Land Value$95,930

Assessed Improvement Value$240,370

Assessment Year2025

About this property

COUNTRY LIVING at its BEST with MATURE TREES, a LARGE WORKSHOP, and a FENCED AREA for your LIVESTOCK of CHOICE...Take a look at this 4 bedroom, 3 bath home with a large workshop on 2.3 acres in a serene country setting near the Cities of Mabank and Canton!!! This home features 2 primary bedrooms, new carpet, fresh interior & exterior paint, a new roof, new plumbing & electrical fixtures, an updated kitchen, 1 new hvac system, a gazebo, and more!!! Updated kitchen includes granite countertops, new cabinet hardware, and stainless appliances. Living room with woodburning fireplace is spacious and versatile. Workshop offers many possibilities such as a place for your home business, hobby center, entertaining space, misc vehicle or tractor storage, and more. Cedar Creek Lake is a just a quick drive from this home for your enjoyment, and Hwy 175 is very near for your traveling needs. This is a Fannie Mae Homepath Property. Do not hesitate...View it today!

Investor Tools

$374,000

Estimated Property Value

$402,905Estimated Mortgage Balance

$0Estimated Equity

-8% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$399,074

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,339 /month

Positive

Cash Flow Estimate:

$780 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$373/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,601

$336,300

2025

$95,930

$240,370

$336,300

Tax History

Year

Tax Paid

Assessed Value

2024

$2,601

$336,300

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Swift Home Loans Inc

$402,905

Yes

First

Nov 17, 2025

Dec 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$399,393

N/A

107%

$2,416/mo

Learn About the Market: Opportunity in Texas

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.

Explore This Area