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$246,000

NAL Estimated Property Value

216 Causeway Cove, Seven Points, TX, 75143

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,230 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.3 / sqft

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven

Exterior

Exterior FeaturesDock

Building Information

Garage Spaces3

Land Information

APN2316-0000-0740-59
Lot Number74
SubdivisionCauseway Cove #2 (80)
Land UseResidential
Legal DescriptionAB 253 J M GARDNER SUR, CAUSEWAY COVE SUBD #2, LT 74
Census Tract950801
Assessed Land Value$72,435
Assessed Improvement Value$83,565
Assessment Year2025

About this property

This charming lake house offers breathtaking water views and is located in the highly sought-after Mabank ISD, just minutes from all the shopping and dining options in Mabank and Gun Barrel City. Perfect for investors or those looking for a fixer-upper, this home is being sold AS-IS, providing an excellent opportunity for customization and value-adding improvements. As an added bonus, with a full-price offer, the seller is including a pontoon boat! While the boat needs minor electrical work, all the necessary supplies for the repairs are provided. Imagine spending weekends cruising the lake after a little TLC on your boat! This home has ample storage with a shed located behind the house perfect for storing all your lawn equipment and additional storage located off the garage. Don't miss out on this rare find in a prime location, this property is full of potential!

Investor Tools

Property Icon
$246,000
Estimated Property Value
$412,545Estimated Mortgage Balance
$246,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,559 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$266/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,959
$156,000
2025
$72,435
$83,565
$156,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,959
$156,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Commercial
$418,668
No
First
Jul 1, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$412,545
N/A
0%
168%
$2,511/mo

City: Seven Points

216 Causeway Cove | Property Details | No Agent List