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$508,000

NAL Estimated Property Value

683 Enchanted Isles Drive, Mabank, TX, 75156

$660,400 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,428 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$205.93 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2.5Bathrooms 2.5
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Plumbed For Ice Maker
FlooringCarpet, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters

Building Information

Year Built1988
Roof Type112
Garage Spaces2

Land Information

APN2705-0003-0350-30
Lot Number35
SubdivisionEnchanted Isle (75)
Land UseResidential
Legal DescriptionLT 35 AB 488 T S MITCHELL SUR, ENCHANTED ISLES, BLK C LT 35, C/396
Census Tract950904
Assessed Land Value$100,000
Assessed Improvement Value$394,417
Assessment Year2025

About this property

Beautiful lakeview property in exclusive gated Enchanted Isles with private community boat launch. A true park like setting on 3 lots, approx. .628 acres w mature trees, lush landscaping, gazebo & views of the lake. Impressive entry w wood ceiling & all wood staircase. This 3 bedroom 3.1 bath exudes character, charm & taste and features beautiful wood flooring, plantation shutters & walls of windows throughout. Open concept kitchen to family room w vaulted ceiling, walls of windows, adjacent wet bar & incredible views. Master suite w his & her sinks, garden tub & stand up shower. Enjoy beautiful sunsets or host a dinner party on one of the large wraparound decks. Mosquito misting system! See lot map attached!

Investor Tools

Property Icon
$508,000
Estimated Property Value
$0Estimated Mortgage Balance
$508,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$660,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,048 /month
Positive
Cash Flow Estimate:
$1,016 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$686/month
$2,400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,693
$482,900
2025
$100,000
$394,417
$494,417
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,693
$482,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$508,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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683 Enchanted Isles Drive | Property Details | No Agent List