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B+
NoAgentList RatingHow are grades calculated? Info
Days82Days on Market
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$248,000

$248,500

347 Preston Road, Mabank, TX, 75147

$254,658 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,426 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.91 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave

Exterior

Lot Size6,534 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00.3124.0000.0041.00.95.05
Lot Number41
SubdivisionPreston Estates
Land UseResidential
Legal DescriptionPRESTON ESTATES, LOT 41; & HOUSE & HOUSE
Census Tract051301
Assessed Land Value$65,000
Assessed Improvement Value$175,164
Assessment Year2025

About this property

Practically new 3-2 home featuring quartz countertops, custom cabinets, and an open-concept layout. High ceilings that create a spacious feel throughout, plus a large backyard with a privacy fence. Conveniently located in the heart of town near schools and grocery store, with quick access to Hwy 175 for an easy commute to Dallas.

Investor Tools

Property Icon
$247,000
Estimated Property Value
$0Estimated Mortgage Balance
$39,726Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$254,658
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

Interested in this property?

Nickole Traughber

Tri-County Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$458/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,259
$240,164
2025
$65,000
$175,164
$240,164
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,259
$240,164

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City National Bank Of Sulphur Springs
Commercial
$215,000
No
First
May 6, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,274
$39,726
16%
84%
$1,290/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.

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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347 Preston Road | Property Details | No Agent List