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$629,000

NAL Estimated Property Value

313 Lake Front Dr, Mabank, TX, 75156

$741,400 ARVInfo
SoldInfo
6/18/26
Beds3 Beds
Baths2 Bath
Baths1,448 Sq Ft
price_per_sqft$438.54 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Disposal, Electric Range, Electric Water Heater, Vented Exhaust Fan
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesDock, Fire Pit, Rain Gutters

Building Information

Year Built1978
Roof Type105
Garage Spaces2

Land Information

APN3540-0004-0610-60
Lot Number61
SubdivisionMichael's Cove (154)
Land UseResidential
Legal DescriptionLT 61 AB 241 M GARCIA SUR, MICHAELS COVE, BLK D LT 61
Census Tract950903
Assessed Land Value$210,000
Assessed Improvement Value$200,536
Assessment Year2025

About this property

Escape the hustle and bustle of city life and retreat to your stunning 70 ft. waterfront sanctuary on Cedar Creek Lake, located just one hour from Downtown Dallas. Completely rebuilt from the slab up in 2001, this breathtaking, open water single-story home blends modern design, comfort, and effortless lakeside living. Sweeping luxury vinyl plank floors guide you into a light-filled, open-concept living space where a dramatic wall of windows frames picturesque lake views and fills the home with natural light. The thoughtfully designed layout offers seamless sightlines between the living room, kitchen, and dining area. Unwind in the inviting living room highlighted by soaring vaulted ceilings and tranquil waterfront vistas. The beautifully appointed kitchen features granite counter-tops, Whirlpool stainless steel appliances, and soft-close shaker-style cabinetry. The spacious dining area easily accommodates both casual gatherings and elegant dinner parties. Both bathrooms have been tastefully renovated with modern vanities and contemporary finishes, creating stylish and comfortable retreats. Step outside to experience the true magic of lake life. Your private outdoor living space is designed for relaxation and entertaining, featuring a cedar-beamed vaulted covered patio, cozy firepit, and breathtaking water views. The impressive two-story dock includes a boat slip with cradle, two Sea-Doo lifts, and durable low-maintenance Trex decking and stairs, making lake days effortless. Life on Cedar Creek Lake offers endless recreation—from boating, wakeboarding, and fishing to exploring nearby wineries, breweries, waterfront dining, and both private and public lakefront country clubs. Residents also enjoy beloved local events like the annual Thunder Over Cedar Creek Lake Airshow, making this an exceptional destination for both relaxation and adventure. This is more than a home—it’s the ultimate lakeside lifestyle.

Investor Tools

Property Icon
$629,000
Estimated Property Value
$570,712Estimated Mortgage Balance
$58,288Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$741,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,810 /month
Positive
Cash Flow Estimate:
$1,270 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$736/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,685
$410,536
2025
$210,000
$200,536
$410,536
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,685
$410,536

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$190,300
No
First
Nov 15, 2011
Dec 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$570,712
$58,288
9%
91%
$3,839/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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313 Lake Front Dr | Property Details | No Agent List