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$265,000

205 N 1st St, Mabank, TX, 75147

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,770 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.72 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters

About this property

CORNER LOT, COMPLETE REMODEL, ALL NEW EVERYTHING! This 4-bedroom, 2-bathroom home in Mabank has been rebuilt from the ground up with a new foundation, new plumbing throughout including water lines, sewer lines, and water heater, new electrical wiring, breaker box, and fixtures, and a new HVAC system with new ductwork. Durable LVP flooring flows through an open floor plan into a kitchen featuring quartz countertops, new cabinets, a huge island, a new appliance package, and all new fixtures. New subfloor, new sheetrock, new LVL beam, fresh texture and paint, new interior doors, a new sliding door, new roof, and new insulation round out this true top to bottom renovation. A storage shed offers space for yard equipment, and a side yard provides added privacy. Enjoy small town Mabank living just steps from downtown food trucks and one street over from Market Street, home to a weekend farmers market and community events for Halloween, Christmas, and the Fourth of July. This home is close to local schools and offers convenient access to I-175 for an easy commute. Mabank is a charming East Texas lake town near Cedar Creek Lake, just under an hour from Dallas. Cedar Creek Lake is one of the largest lakes in Texas and is home to great boating and bass fishing. Move-in ready and priced for peace of mind, make this home yours before it’s gone! Proudly Claim Your Piece of Texas!

Investor Tools

$0Estimated Mortgage Balance
$114,839Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

Interested in this property?

Bill Moomaw

Regal, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$383/month
No HOA
5.947%

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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205 N 1st St | Property Details | No Agent List