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$80,000

156 Van Horn Drive, Mabank, TX, 75156

$104,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,456 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$54.95 / sqft

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Vented Exhaust Fan

Exterior

Exterior FeaturesOther

Land Information

APN2390-0005-9220-30
Lot Number922
SubdivisionCherokee Shores (4509)
Land UseVacant Land
Legal DescriptionLT 922 AB 132 G CHOVANNO SUR, CHEROKEE SHORES, SEC E LT 922, D/24
Census Tract950904
Assessed Land Value$9,500
Assessment Year2025

About this property

DOUBLEWIDE MOBILE WITH GREAT POTENTIAL! NEEDS QUITE A BIT OF RENOVATION. LARGE WOOD DECK APPROXIMATELY HALFWAY AROUND THE HOME MAKES A GREAT PLACE TO SIT AND VIEW CEDAR CREEK LAKE. PROPERTY IS VERY CLOSE TO COMMUNITY BOAT RAMP AND SITS ON A PAVED ROAD. GREAT HOME FOR A HANDYMAN READY TO COMPLETE HIS OR HER DREAM HOME AT A FRACTION OF THE COST OF NEW! AND IF YOU WANT MORE YARD THERE IS AN ADJOINING LOT FOR SALE. CONTACT AGENT FOR DETAILS. HOME HAS BEEN MOVED MULTIPLE TIMES.

Investor Tools

$19,646Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$104,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$480 /month
Positive
Cash Flow Estimate:
$160 /month

Interested in this property?

Lisa Schlebach

Coldwell Banker American Dream

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$8/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$50
$9,500
2025
$9,500
N/A
$9,500
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$50
$9,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Apesdemm Inc
Commercial
$20,545
No
First
Mar 22, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$19,646
N/A
0%
207%
$124/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.

Explore Texas Explore This Area
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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156 Van Horn Drive | Property Details | No Agent List