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$264,900

316 W James Street, Mabank, TX, 75147

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,682 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.49 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringVinyl

Exterior

Lot Size9,583 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN3197-0000-0020-50
Lot Number2
SubdivisionJames Street Estates (11)
Land UseResidential
Legal Description2 AB 794 G T WALTERS SUR, JAMES STREET ESTATES, LT 2 (RE:TR 2N) G/253
Census Tract950604
Assessed Land Value$15,000
Assessed Improvement Value$356,055
Assessment Year2025

About this property

Take a look at this like-new, modern, and inviting 3 bedroom, 2 bath home situated on a spacious city lot with wide concrete street frontage...just minutes from charming downtown Mabank, Cedar Creek Lake, and Hwy 175. The open-concept living, dining, and kitchen area offers an ideal layout for entertaining, relaxing, and everyday living. The kitchen stands out with abundant shaker-style cabinetry, granite countertops, and a generous breakfast bar. The living room is equally impressive, featuring a cozy fireplace and plenty of space to unwind. The large primary bedroom includes a well-appointed ensuite bath with a marble-like double-sink vanity, a smartly tiled shower, and a closet that provides excellent storage. Bedrooms 2 and 3 are comfortably sized and conveniently located near the second full bath. Step outside to enjoy the covered pation, privacy wood fencing, and the expansive backyard...perfect for outdoor living year-round. This is a Fannie Mae HomePath property, so act fast. Note: Some photos in this listing have been virtually staged.

Investor Tools

Property Icon
$371,055
Estimated Property Value
$0Estimated Mortgage Balance
$129,919Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,226 /month
Positive
Cash Flow Estimate:
$742 /month

Interested in this property?

Nan Riter

Riter Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$276/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,451
$371,055
2025
$15,000
$356,055
$371,055
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,451
$371,055

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Conventional
$256,500
No
First
Feb 15, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,136
$129,919
35%
65%
$1,538/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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316 W James Street | Property Details | No Agent List