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B+
NoAgentList RatingHow are grades calculated? Info

$343,000

201 Lake Front Drive, Mabank, TX, 75156

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,304 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$218.56 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven
FlooringCarpet

Building Information

Year Built1975
Roof Type105
Garage Spaces2

Land Information

APN3540-0004-0410-60
Lot Number40,LT
SubdivisionMichael's Cove (154)
Land UseResidential
Legal DescriptionLT 40 & LT 41 AB 241 M GARCIA SUR, MICHAELS COVE, BLK D S/PT OF LT 40 & LT 41
Census Tract950903
Assessed Land Value$164,250
Assessed Improvement Value$166,903
Assessment Year2025

About this property

What a getaway ! This 3bedroom 2 bathroom with attached garage , located in the heart of Micheals cove on Cedar Creek Lake. Make this your own little dream Lake home. Living area and 1st bed room are complete with luxury vinyl flooring, wood burning fireplace, each bathroom is complete with tile showers. The living room has french doors to the back patio, where you can enjoy the view to the open water and lake side breezes. BackYard has shade trees,where even on a warm summer days the cookouts and corn hole could be endless!

Investor Tools

Property Icon
$343,000
Estimated Property Value
$0Estimated Mortgage Balance
$101,469Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,058 /month
Positive
Cash Flow Estimate:
$686 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$525/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,584
$331,153
2025
$164,250
$166,903
$331,153
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,584
$331,153

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Trust Cu
Conventional
$265,500
No
First
Aug 16, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,531
$101,469
29%
70%
$1,592/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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201 Lake Front Drive | Property Details | No Agent List