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$261,704

NAL Estimated Property Value

308 Hoover Rd, Mabank, TX, 75147

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,322 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.54 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Electric Range, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size4,792 sqft

Building Information

Year Built2021
Garage Spaces1

Land Information

APN3783-0001-0270-51
Lot Number27
SubdivisionPaschall Heights Ph 1 (64)
Land UseResidential
Legal Description27 AB 794 G T WALTERS SUR, PASCHALL HEIGHTS, PH I LT 27, G/59 (RE:MID CITIES PROP, 3545.0002.0080.51)
Census Tract950604
Assessed Land Value$15,000
Assessed Improvement Value$246,704
Assessment Year2025

About this property

****Buyer Financing Fell Through***** Motivated Seller!!!!! Welcome to your new home! This beautiful 3-bedroom, 2-bathroom gem features an open design perfect for modern living. Also, minutes away from Cedar Creek Lake. The kitchen is a standout, with custom cabinets, sleek quartz countertops, and stainless-steel appliances. Enjoy high-end fixtures and finishes throughout the home, along with durable vinyl wood plank flooring. Master bathroom ensuite has separate tub and shower. The privacy-fenced backyard is ideal for relaxing or entertaining. Plus, you'll have peace of mind with a 10-year bonded builder warranty that still has 8 years in place. Don’t miss out on this exceptional opportunity! Refrigerator will convey with an acceptable offer.

Investor Tools

Property Icon
$261,704
Estimated Property Value
$212,952Estimated Mortgage Balance
$48,752Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,570 /month
Positive
Cash Flow Estimate:
$523 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$205/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,146
$261,704
2025
$15,000
$246,704
$261,704
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,146
$261,704

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Fha
$228,937
Yes
First
Aug 17, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,952
$48,752
18%
81%
$1,373/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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308 Hoover Rd | Property Details | No Agent List