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$360,000

$370,000

245 Shady Shores Dr, Mabank, TX, 75156

On MarketInfo
Price DropInfo
Beds2 Beds
Baths2 Bath
Baths1,700 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.76 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringLaminate

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2004
Garage Spaces2

Land Information

APN3365-0008-0160-50
Lot Number16
SubdivisionLeisure Land (297)
Land UseResidential
Legal DescriptionAB 795 G T WALTERS SUR, LEISURE LAND, BLK 8 LT 16, B/53
Census Tract950905
Assessed Land Value$15,000
Assessed Improvement Value$359,999
Assessment Year2025

About this property

This charming wheelchair-accessible home is situated on an oversized double lot spanning over half an acre and features a private well dedicated to maintaining the lush, green lawn year-round. Enjoy outdoor living from the covered front and back porches, both equipped with ceiling fans, offering comfortable spaces to relax and entertain. Recent improvements, including fresh exterior paint completed approximately two years ago and an HVAC system replaced just three years ago. Thoughtfully designed for accessibility, the home features extra-wide entryways and doorways for enhanced mobility and convenience. Inside, wood look laminate flooring extends throughout the home, leading to the inviting living room centered around a striking red brick fireplace. A glass door that opens to the covered back porch, filling the space with natural light and creating a seamless indoor-outdoor flow. The spacious kitchen is both functional and inviting, featuring granite countertops, rich wood cabinetry, built-in wine storage, a large pantry, and an electric range, dishwasher, and microwave. A breakfast nook provides the perfect spot for casual dining, while the separate formal dining room offers additional space for entertaining and gatherings. The private primary suite serves as a comfortable retreat, complete with its own red brick fireplace, double doors leading to the back porch, a walk-in tile shower, double vanity, and built-in linen storage. The secondary bedroom is conveniently located near a full guest bath featuring a tile tub and shower combination. Attached two-car garage with a laundry room also has a floored attic with heavy-duty decking and convenient staircase access for exceptional storage. This well-maintained property combines thoughtful accessibility, quality features, and generous outdoor space to offer comfortable living both inside and out.

Investor Tools

Property Icon
$360,000
Estimated Property Value
$0Estimated Mortgage Balance
$360,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

Interested in this property?

Debbie French

Ebby Halliday Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$193/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$513
$243,474
2025
$15,000
$359,999
$374,999
No

Tax History

Year
Tax Paid
Assessed Value
2024
$513
$243,474

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$327,000
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.

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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