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$264,000

NAL Estimated Property Value

161 Vz County Road 2811, Mabank, TX, 75147

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths760 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$301.32 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesElectric Range, Electric Water Heater, Microwave, Refrigerator
FlooringLaminate, Tile

Exterior

Exterior FeaturesRain Gutters, RV Hookup, Storage
Lot Size1.03 acres

Building Information

Year Built1996
Stories1
Garage Spaces2

Land Information

APN072.0469.0075.0000.0000
Land UseResidential
Legal DescriptionACRES: 1.030 ABST: 469 SUR: H H LOCKRIDGE TEAGUE #2
Census Tract951002
Assessed Land Value$66,390
Assessed Improvement Value$128,780
Assessment Year2025

About this property

Charming 2-bedroom, 1-bath home nestled on over 1 acre of land, offering a delightful blend of comfort & functionality. This cozy & updated home provides a warm and inviting atmosphere. It is well appointed & boasts vaulted ceilings along with laminate wood flooring throughout. The quaint kitchen offers pretty wood cabinetry & the perfect dining space to enjoy a prepared meal or cup of coffee. Two spacious bedrooms, & bath offer a custom vanity with granite counter & shower-jacuzzi tub combo. The oversized utility room is conveniently located off of the master bedroom & provides great storage. The expansive yard is surrounded by a chain-link fence & double gate offering a secure setting. Full RV hookups with wood deck provides convenience for guests who enjoy life on the road. A 30x50 shop stands as a testament to the property's versatility. With a two-car carport, concrete floor, and an electric garage door, this space is perfect for hobbyists or anyone in need of a spacious workshop.

Investor Tools

Property Icon
$264,000
Estimated Property Value
$218,522Estimated Mortgage Balance
$45,478Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,584 /month
Positive
Cash Flow Estimate:
$528 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$236/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,510
$195,170
2025
$66,390
$128,780
$195,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,510
$195,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Va
$221,100
Yes
First
Sep 25, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,522
$45,478
17%
83%
$1,326/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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161 Vz County Road 2811 | Property Details | No Agent List