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$92,000

381 Paddock Dr, Mabank, TX, 75156

On MarketInfo
Baths924 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 2001

Exterior

Lot Size4.09 acres

Building Information

Year Built2001

Land Information

APN2920-0002-0140-50
Lot Number14,16
SubdivisionHammer Clyde (22)
Land UseResidential
Legal DescriptionAB 794 G T WALTERS SUR, CLYDE HAMMER SUBD, BLK B LTS 14-16, C/199
Census Tract950604
Assessed Land Value$66,258
Assessed Improvement Value$21,654
Assessment Year2025

About this property

Experience the perfect blend of convenience and opportunity on this premium 1 acre homesite, featuring an 80' x 30' metal building with attached covered carport, water meter, electric, and septic system. Ideal for hobby farming, storage, or building your dream home, this lot offers ready to use amenities while providing room to expand. Located on a quiet cul-de-sac in Mabank ISD, you’ll enjoy a serene setting with easy access to Cedar Creek Lake and major routes toward Dallas, Tyler, and Canton. This is a rare chance to secure a fully equipped tract in a sought after area. This lot offers flexibility to purchase individually, alongside its neighbor, or as part of the full 4-acre parcel. (Reference MLS# 21216228, 21216343, 21216352, 21216383)

Investor Tools

Property Icon
$114,000
Estimated Property Value
$50,000Estimated Mortgage Balance
$70,312Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$684 /month
Positive
Cash Flow Estimate:
$228 /month

Interested in this property?

Melanie Caple

Caple & Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$77/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$355
$87,912
2025
$66,258
$21,654
$87,912
No

Tax History

Year
Tax Paid
Assessed Value
2024
$355
$87,912

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Toni Lynn Oliver
Unknown
$50,000
No
First
Dec 11, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$43,688
$70,312
61%
38%
$300/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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381 Paddock Dr | Property Details | No Agent List