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$497,000

166 Santa Monica Drive, Mabank, TX, 75156

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,224 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.92 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Cooktop, Microwave, Convection Oven
FlooringCeramic Tile

Building Information

Year Built1975
Roof Type105
Garage Spaces2

Land Information

APN4170-0000-0620-50
Lot Number62,ADJ
SubdivisionSpanish Shores (171)
Land UseResidential
Legal Description62 AB 483 B MEDRO SUR, SPANISH SHORES LT 62 & ADJ .30 ACS, B/107
Census Tract950601
Assessed Land Value$191,250
Assessed Improvement Value$246,240
Assessment Year2025

About this property

MLS #: 87602. GB-8119. TASTEFULLY UPDATED - TILE (WOOD FINISH) FLOORS, CORNER FIREPLACE - VAULTED CEILINGS, LARGE PICTURE WINDOWS, SHIP LAP ACCENT WALL - OPEN LIVING-DINING - WONDERFUL COVERED PORCH FOR OUTDOOR LIVING - SOUTHERN BREEZE, IRON FENCING - VERSATILE 4TH BEDROOM ACCOMMODATES CONVERSATION, GAMING & SLEEPING AREAS - GATED SUBDIVISION.

Investor Tools

Property Icon
$497,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,988 /month
Positive
Cash Flow Estimate:
$996 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$367/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,914
$437,490
2025
$191,250
$246,240
$437,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,914
$437,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Umb Bank Na
Building Or Construction Loan
$628,000
No
First
Mar 25, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$615,055
N/A
0%
124%
$3,766/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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166 Santa Monica Drive | Property Details | No Agent List