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$409,000

16063 County Road 2837, Mabank, TX, 75156

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,117 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.2 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Microwave

Exterior

Lot Size3.33 acres

Building Information

Year Built2002
Garage Spaces4

Land Information

APN0241-0190-0A00-60
SubdivisionAb 0241 M Garcia Sur
Land UseResidential
Legal DescriptionTR 19A AB 241 M GARCIA SUR, TR 19A (RE:PT TR 19A)
Census Tract950903
Assessment Year2025

About this property

Beautiful 3.5 acre parcel, gently sloping, mature trees with a view of Cedar Creek Lake. Spacious living area with brick fireplace. Kitchen has lot of workspace, opens to living and dining areas. Generous size bedrooms, nice closets and storage space.. Wonderful Screened porch makes the perfect outdoor living area. 1,500 sq ft metal shop. This setting is absolutely beautiful and very private!

Investor Tools

Property Icon
$398,000
Estimated Property Value
$390,000Estimated Mortgage Balance
$27,567Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,454 /month
Positive
Cash Flow Estimate:
$818 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$560/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,728
$296,773
2025
N/A
N/A
$464,364
No

Tax History

Year
Tax Paid
Assessed Value
2022
$4,728
$296,773

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Va
$390,000
Yes
First
Aug 18, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$370,433
$27,567
6%
93%
$2,339/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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16063 County Road 2837 | Property Details | No Agent List