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$329,000

NAL Estimated Property Value

1612 S Hwy 198, Mabank, TX, 75147

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths1,900 Sq Ft
price_per_sqft$173.16 / sqft
Year BuiltBuilt in 1957

About this property

OWNER FINANCING!!! This mid-century modern building has ALMOST $200k in recent renovations! WELL-ESTABLISHED COMMERCIAL LOCATION. High-traffic in a hot, growing area of Mabank, an hour from downtown Dallas or Tyler, close to Cedar Creek Lake. Directly across from huge Texan fireworks store. Formerly a hugely successful landscaping store. Fully renovated brick building, from roof to foundation, within the past year. ADA-Compliant, ready to move in. Four offices plus a technology room, a break room and two restrooms. Beautiful views of the pond behind the property. Located on one-third of an acre, with a freshly-painted solid pipe fence. Complete with luxury vinyl plank flooring, you would be proud to call this your office, studio, or store. Brand new parking lot also, for plenty of cars. Don't miss out on this one! The 121 acres surrounding it just sold, and is going to be a MAJOR DEVELOPMENT! More pix coming. One minute to Lowe's, McDonalds, car dealerships, schools

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,974 /month
Positive
Cash Flow Estimate:
$658 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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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1612 S Hwy 198 | Property Details | No Agent List