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$615,000

NAL Estimated Property Value

212 Cape Shore Dr, Mabank, TX, 75143

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,279 Sq Ft
price_per_sqft$197.93 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Tile, Wood

Exterior

Lot Size21,301 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces5

Land Information

APN00.2235.0000.0058.00.95.05
Lot Number58
SubdivisionLighthouse Landing Ph 1
Land UseResidential
Legal DescriptionLIGHTHOUSE LANDING PH 1, BLOCK, LOT 58
Census Tract051301
Assessed Land Value$100,000
Assessed Improvement Value$498,146
Assessment Year2025

About this property

Spacious and inviting, this 4 bedroom, 5 bathroom home offers the perfect blend of comfort and lifestyle. Featuring two living areas, a 3 car garage, and a separate boat garage shop, there’s room for everyone and everything. Enjoy peaceful water views from the front of the home and watch the sunrise with your morning coffee right outside the primary suite. A screened in back porch makes for the perfect spot to relax year round, while the location across the street from the lake means you’re always close to the water. Just a quick golf cart ride away, Cedar Creek Country Club offers golf, dining, and social opportunities. Conveniently located within an hour of both Dallas and Tyler, this property is ideal for full-time living or a weekend retreat. All information is deemed reliable, but agent and buyer’s agent to confirm.

Investor Tools

Property Icon
$615,000
Estimated Property Value
$285,076Estimated Mortgage Balance
$329,924Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,894 /month
Positive
Cash Flow Estimate:
$1,298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$988/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,781
$562,855
2025
$100,000
$498,146
$598,146
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,781
$562,855

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$318,300
No
First
Dec 14, 2020
Jan 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,076
$349,924
55%
46%
$1,909/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,159/mo
$-187/mo
3.8%

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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212 Cape Shore Dr | Property Details | No Agent List