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$449,295

NAL Estimated Property Value

20253 Leisureland Rd, Mabank, TX, 75156

Off MarketInfo
Beds3 Beds
Baths3,700 Sq Ft
price_per_sqft$121.62 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Electric Water Heater
FlooringCarpet, Vinyl

Building Information

Year Built2013
Garage Spaces6

Land Information

APN2800-0000-0270-50
Lot Number27
SubdivisionForgotten Acres (96)
Land UseResidential
Legal DescriptionLT 27 AB 484 J R MORALES SUR, FORGOTTEN ACRES SUBD, LT 27, D/50----
Census Tract950905
Assessed Land Value$15,000
Assessed Improvement Value$434,295
Assessment Year2025

About this property

Huge price improvement...Get ready to unleash your imagination with this incredible property! Set on a sprawling 1+ acre lot adorned with majestic, mature trees, this home is a dream come true. Step inside and be wowed by a stunning, newly renovated kitchen that seamlessly combines hidden features with modern convenience. With four spacious bedrooms and the potential for a fifth, there's no shortage of space! Discover versatile areas perfect for an office, game room, or your very own mancave. Venture upstairs to find oversized bedrooms that offer endless possibilities—think bunkrooms for the kids or a cozy media room for movie nights! The updated Jack and Jill bathrooms add an extra touch of style and functionality. But that’s not all! This property boasts a 2-car attached garage plus a detached 4-car garage, fully equipped with ventilation that was previously used for auto body painting—perfect for car enthusiasts! And for those with an adventurous spirit, a covered RV carport with electric hookups ensures you’re ready for your next getaway. Located near Cedar Creek Lake, you’ll have quick access to all the lake life has to offer! With plenty of parking and ample outdoor space, this property is ideal for hosting unforgettable gatherings or even generating income through AirBNB or VRBO. The possibilities are truly endless—don't miss out on this gem!

Investor Tools

Property Icon
$449,295
Estimated Property Value
$235,081Estimated Mortgage Balance
$214,214Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$362/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,099
$449,295
2025
$15,000
$434,295
$449,295
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,099
$449,295

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerisave Mortgage Corp
Conventional
$237,500
No
First
Oct 17, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,081
$214,214
47%
52%
$1,424/mo

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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20253 Leisureland Rd | Property Details | No Agent List