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$1,361,000

NAL Estimated Property Value

224 Colonial Dr, Mabank, TX, 75156

$1,694,685 ARVInfo
Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,443 Sq Ft
price_per_sqft$286.97 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Built-in Barbecue, Dog Run, Fire Pit, Rain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen, Storage, Garden

Building Information

Year Built2007
Garage Spaces2

Land Information

APN2036-0000-6100-60
Lot Number610,611
SubdivisionPinnacle Club (312)
Land UseResidential
Legal DescriptionLT 610 AB 241 M GARCIA SUR, PINNACLE CLUB PHASE I, SEC B LTS 610 & 611 (LT 610R ON REPLAT F/274)
Census Tract950903
Assessed Land Value$60,000
Assessed Improvement Value$962,483
Assessment Year2025

About this property

JUST REDUCED $100,000 Some homes can be purchased. OTHERS CAN NEVER BE RECREATED. Welcome to one of the most extraordinary properties within Pinnacle Golf Club—a true legacy estate offering nearly one acre of meticulously curated grounds and over 250' of private lake frontage. Properties of this caliber rarely become available. The combination of golf course proximity, expansive waterfront, mature landscaping, privacy, and resort-style amenities would be nearly impossible to duplicate today at this price point. Beyond the gates awaits a private Paradise designed for entertaining, relaxing, and creating memories for generations. Meandering pathways lead through $priceless$ established landscaping, featuring a flowing riverbed, koi pond, fire pit, lush gardens, and breathtaking water views from nearly every outdoor living space. The heated & chilled saltwater pool serve as the centerpiece of an outdoor setting that rivals luxury resorts. Expansive composite decking, covered loggias, al fresco dining, & built-in outdoor kitchen span the width of the home, creating an unmatched setting for lakeside gatherings. A place where grandchildren fish from the shoreline, friends gather around the fire pit, sunsets reflect across the water, and every day feels like a vacation. Inside, the recent updates include TWO primary suites, large bunk room can sleep 10+, concrete safe-room & $80,000 worth of solar panels for huge cost-savings. More than a home. It is a lifestyle. BONUS opportunity to purchase a dedicated BOAT SLIP located just outside the gates. For the buyer seeking something truly special, this is not simply a property purchase. It is an opportunity to own one of Pinnacle's landmark estates. Ownership at Pinnacle Golf Club provides access to one of Cedar Creek Lake's most sought-after communities, featuring a clubhouse restaurant, resort-style pool, pro shop, playground, social events, 8 new pickleball and tennis courts, and so much more.

Investor Tools

Property Icon
$1,361,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,361,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,694,684
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,166 /month
Positive
Cash Flow Estimate:
$2,722 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$882/month
$3,080/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,780
$789,527
2025
$60,000
$962,483
$1,022,483
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,780
$789,527

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,361,000
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.

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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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224 Colonial Dr | Property Details | No Agent List