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$340,000

$360,000

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$200 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Must-SellAbsentee 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, well-maintained home sits on an oversized double lot spanning more than half an acre, offering generous outdoor space and a peaceful setting. Located close to the lake and convenient to nearby boat ramps, this property provides easy access to boating, fishing, and lake activities. Enjoy outdoor living from the covered front and back porches, both equipped with ceiling fans. A private well helps keep the lush lawn green year-round, while the expansive lot provides plenty of room for outdoor activities, gardening, or pets. Inside, wood-look laminate flooring extends throughout the home and leads into the inviting living room, centered around a striking red brick fireplace. A glass door opens to the covered back porch, filling the room with natural light and creating an inviting connection between the indoor and outdoor living spaces. The spacious kitchen features granite countertops, rich wood cabinetry, built-in wine storage, a large pantry, a electric range, dishwasher, and microwave. A breakfast nook provides the perfect spot for casual meals, while the separate formal dining room offers additional space or optional office. The primary suite features 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 with a tile tub and shower combination. An attached two-car garage includes a dedicated laundry room, while the floored attic features heavy-duty decking and convenient staircase access, providing additional storage. This property offers a wonderful opportunity to enjoy a relaxed lake-area lifestyle. Whether you're looking for a full-time residence, weekend retreat, or a place with room to spread out and enjoy the outdoors, this home combines comfort, privacy, and convenience in a truly inviting setting. Recent improvements include fresh exterior paint and HVAC system.

Investor Tools

$0Estimated Mortgage Balance
$366,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,196 /month
Positive
Cash Flow Estimate:
$732 /month

Interested in this property?

Debbie French

Ebby Halliday Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$195/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

City: Mabank

245 Shady Shores Dr | Property Details | No Agent List