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$693,571

245 Colonial Drive, Mabank, TX, 75156

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths3 Bath
Baths2,312 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.51 / sqft
Year BuiltBuilt in 2022

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Microwave, Wine Cooler
FlooringCarpet, Ceramic Tile

Building Information

Year Built2022
Garage Spaces3

Land Information

APN2036-0000-6340-60
Lot Number634
SubdivisionPinnacle Club (312)
Land UseSingle Family Residence
Legal DescriptionLT 634 AB 241 M GARCIA SUR, PINNACLE CLUB PHASE I, SEC B LT 634, D/253
Census Tract950903
Assessed Land Value$37,500
Assessed Improvement Value$656,071
Assessment Year2025

About this property

Welcome to The Pinnacle Club! This 3 bedroom home features a study, two and a half baths, spacious utility room, split bedroom arrangement, open floor plan and covered porches. Sip morning coffee while watching the deer from either porch. This home sits in a quiet location just a few minutes from the clubhouse. The lease will provide the tenant with social membership privileges including pickleball, tennis, workout room, swimming pool, restaurant and bar use. Golf activities cost extra. Minimum 6 month lease agreement. Property to be vacant by April 4.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,013/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,686
$693,571
2025
$37,500
$656,071
$693,571
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,686
$693,571

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Conventional
$375,000
No
First
Sep 21, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$349,441
$344,130
49%
50%
$2,249/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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245 Colonial Drive | Property Details | No Agent List