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$395,000

203 Cape Shore Drive, Mabank, TX, 75143

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size31,363 sqft

Land Information

APN00.2235.0000.0013.00.95.05
Lot Number13R
SubdivisionLighthouse Landing Ph 1
Land UseResidential
Legal DescriptionLIGHTHOUSE LANDING PH 1, LOT 13R; (REPLAT 3/517) (REPLAT 3/517)
Census Tract051301
Assessed Land Value$300,000
Assessment Year2025

About this property

BUILD YOUR DREAM LAKEFRONT RETREAT on this exceptional 0.72-acre open water lot in gated community on Cedar Creek Lake. Breathtaking, unobstructed water views are the perfect backdrop for sunrise mornings, peaceful evenings, and true lakeside living. Surrounded by beautifully crafted high-end homes, this is an ideal setting to build your custom luxury lakehouse (3,000 sf minimum). Enjoy the best of both worlds with a prime location approximately 45 minutes from the DFW Metroplex, making weekend getaways or full-time lake living both convenient and accessible. This premier homesite also offers adjacent access to Cedar Creek Country Club, where members enjoy an 18-hole golf course, resort-style pool, tennis courts, clubhouse, and fine dining (membership required). Local high-quality builders available to bring your vision to life, ask about one-time close financing options with preferred lenders to simplify your build process start to finish.

Investor Tools

Property Icon
$291,000
Estimated Property Value
$0Estimated Mortgage Balance
$291,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

Interested in this property?

Terri Gregory

McAtee Realty Of Gun Barrel TX

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$505/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,610
$291,000
2025
$300,000
N/A
$300,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,610
$291,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$291,000
100%
0%
$0/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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