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$380,386

305 Rike Road, Mabank, TX, 75147

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,470 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.06 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Other
FlooringOther

Exterior

Lot Size7,187 sqft

Building Information

Year Built2019
Garage Spaces1

Land Information

APN3783-0001-0200-51
Lot Number20,LT
SubdivisionPaschall Heights Ph 1 (64)
Land UseResidential
Legal Description20 AB 794 G T WALTERS SUR, PASCHALL HEIGHTS, PH I LT 20 & PT 21 G/59 (RE:MID CITIES PROP, 3545.0002.0080.51)
Census Tract950604
Assessed Land Value$30,000
Assessed Improvement Value$350,386
Assessment Year2025

About this property

Come see this meticulously kept one-owner home in the heart of Mabank. This recently built house boasts granite countertops, SS appliances including a new refrigerator, an open concept floorplan, a dedicated laundry room, and vinyl plank flooring throughout. The master has an ensuite bathroom as well as direct access to the backyard-- perfect for pet owners.

Investor Tools

Property Icon
$380,386
Estimated Property Value
$0Estimated Mortgage Balance
$120,372Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,282 /month
Positive
Cash Flow Estimate:
$761 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$297/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,665
$380,386
2025
$30,000
$350,386
$380,386
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,665
$380,386

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$216,898
Yes
First
Jan 5, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,014
$120,372
31%
68%
$1,684/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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305 Rike Road | Property Details | No Agent List