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Days340Days on Market
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$699,000

502 Peach Tree Road, Mabank, TX, 75156

On MarketInfo
CommercialInfo
Baths1 Bath
Baths9,999 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1966

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
FlooringOther

Exterior

Lot Size9.14 acres

Building Information

Year Built1966

Land Information

APN0695-0760-0000-30
SubdivisionAb 0695 H M Strode Sur
Land UseResidential
Legal DescriptionAB 695 H M STRODE SUR, TR 76
Census Tract950500
Assessed Land Value$127,032
Assessed Improvement Value$235,137
Assessment Year2025

About this property

Discover this rare opportunity just outside the city limits—this little over 9-acre tract offering both peaceful country living and income-producing potential. This property features two residences, a 70-unit storage facility, multiple outbuildings, a 4-space carport, a pole barn, and even a small pond. With room to expand, it’s a versatile property ready for optimization. There are six storage buildings with units ranging from 10x10 to 10x30, plus two larger storage buildings to accommodate bigger needs. The main home showcases beautiful hardwood floors, a cozy fireplace, an open living and dining area, two full baths, and an oversized pantry and laundry room. The second home is a charming one-bedroom, one-bath—perfect for a guest house, rental, or caretaker’s residence. Set in a serene country setting yet conveniently close to town and the popular Cedar Creek Lake, this East Texas gem combines lifestyle and investment. Currently underutilized, it offers tremendous upside for expansion and increased income. Don’t miss your chance to own a property that blends tranquility with opportunity. Schedule your private viewing today and explore the possibilities!

Investor Tools

Property Icon
$692,000
Estimated Property Value
$0Estimated Mortgage Balance
$303,285Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

Interested in this property?

Robert Blaase

Coldwell Banker American Dream

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$436/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,770
$362,169
2025
$127,032
$235,137
$362,169
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,770
$362,169

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Williams Special Llc
Unknown
$400,000
No
First
Nov 8, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$388,715
$303,285
43%
56%
$2,399/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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