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$759,000

16140 County Road 4009, Mabank, TX, 75147

$874,670 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,161 Sq Ft
price_per_sqft$240.11 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
FlooringCarpet, Combination, Luxury Vinyl Plank

Exterior

Exterior FeaturesPrivate Yard, Rain Gutters, Storage
Lot Size14.84 acres

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces1

Land Information

APN99.0605.0000.0040.00.95.00
SubdivisionMaximillan Y Barbo
Land UseResidential
Legal DescriptionMAXIMILLAN Y BARBO, TRACT 40.00; 14.84 ACRES
Census Tract051301
Assessment Year2025

About this property

Escape to the country without sacrificing convenience on this beautiful 21.8-acre fenced property featuring mature trees, productive coastal pasture, a stocked pond, and an agricultural exemption currently utilized for hay production. This well-maintained farmhouse offers 4 bedrooms, 2.5 baths, two spacious living areas, a large kitchen, updated bathrooms, and new flooring throughout much of the home. Enjoy year-round views of the property from the 371- square-foot sunroom, which is centrally heated and cooled for added comfort. Multiple flex spaces provide endless opportunities for a home office, gym, craft room, playroom, homeschool area, or additional guest accommodations. Outside, the possibilities continue with a 24x36 shop featuring two bay doors, ample storage, and plenty of room for equipment, hobbies, or projects. The stocked pond adds to the property's appeal, offering a peaceful setting for fishing, wildlife watching, or simply enjoying the beauty of the outdoors. The fenced acreage is ideal for livestock, recreation, hay production, or creating your own private retreat. Conveniently located with easy access to both Dallas and Tyler, this property combines the serenity of country living with the convenience of nearby amenities. Whether you're dreaming of a hobby farm, ranch, family homestead, or weekend getaway, this exceptional property offers endless potential. Buyer and buyer's agent to verify all information, including acreage, square footage, schools, and restrictions. Buyer will be responsible for obtaining a new survey.

Investor Tools

$236,768Estimated Mortgage Balance
$556,090Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$874,669
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,752 /month
Positive
Cash Flow Estimate:
$1,584 /month

Interested in this property?

Richard Russell

KW-Cedar Creek Lake Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$460/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,556
$581,982
2025
N/A
N/A
$636,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,556
$581,982

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Conventional
$255,000
No
First
Aug 1, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,768
$629,232
72%
30%
$1,529/mo

City: Mabank

16140 County Road 4009 | Property Details | No Agent List