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$424,990

1538 Shoreline Drive, Mabank, TX, 75143

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,990 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central

Exterior

Lot Size10,071 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces1

Land Information

APN90.2892.902.015.00.112
Lot Number15
SubdivisionCamden Park Ests Ph 3
Land UseResidential
Legal DescriptionLOT 15 BLK B CAMDEN PARK ESTS PH 3 0.2312 AC
Census Tract060400
Assessed Land Value$70,000
Assessed Improvement Value$282,232
Assessment Year2025

About this property

Don’t miss your chance to own your own piece of relaxation and enjoyment at Cedar Creek Landing. This half acre waterfront lot features a cozy one-bedroom boathouse equipped with running hot and cold water, electricity, a microwave, and a mini fridge—ideal for a quick weekend getaway. The property also features a newly painted deck, adding a refreshed and inviting outdoor space. The private dock includes a boat lift for convenient storage and effortless lake access. This is the perfect opportunity to build your dream home within this exclusive gated community and enjoy direct access to Cedar Creek Reservoir for boating, fishing, or sunset entertaining. Cedar Creek Landing offers resort-style amenities, including a clubhouse with fitness center, an infinity-edge swimming pool, a boat launch, and an open-air lounge overlooking the lake—all just minutes from Cedar Creek Country Club. Experience lakeside living at its finest—whether you’re seeking a full-time residence or a relaxing retreat, this property beautifully combines luxury and leisure.

Investor Tools

$261,551Estimated Mortgage Balance
$90,681Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

Interested in this property?

Simon Ng

Open Space Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$606/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,509
$352,232
2025
$70,000
$282,232
$352,232
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,509
$352,232

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$283,755
Yes
First
Mar 15, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,551
$90,681
25%
74%
$1,702/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,452/mo
$-480/mo
6.7%

City: Mabank