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$1,035,900

606 N 3rd Street, Mabank, TX, 75147

Under ContractInfo
CommercialInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.98 acres

Land Information

APN99.0248.0000.0190.00.95.05
SubdivisionGeo Isaac
Land UseResidential
Legal DescriptionGEO ISAAC, TRACT 190.00; 1.98 ACRES
Census Tract051301
Assessed Land Value$517,493
Assessment Year2025

About this property

Idea site for Retail or Commercial Development. Excellent Visibility and Accessibility from Hwy 175 and Hwy 198. Directly across street for Quick Trip, Starbucks, Quality Inn and Atwood's. High traffic volume per TxDot (2023) Hwy 175- 11,127 daily. Hwy 198- 8,890 daily. Two additional adjoining parcels could possibility be available with purchase.

Investor Tools

$0Estimated Mortgage Balance
$1,026,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,215 /month
Positive
Cash Flow Estimate:
$2,072 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$837/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,919
$310,495
2025
$517,493
N/A
$517,493
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,919
$310,495

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,026,000
100%
0%
$0/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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606 N 3rd Street | Property Details | No Agent List