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$1,822,034

NAL Estimated Property Value

688 Enchanted Isles Dr, Mabank, TX, 75156

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,951 Sq Ft
price_per_sqft$429.01 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave
FlooringStone

Exterior

Exterior FeaturesDock, Fire Pit, Other

Building Information

Year Built1987
Roof Type105
Garage Spaces2

Land Information

APN2705-0003-0100-30
Lot Number10
SubdivisionEnchanted Isle (75)
Land UseResidential
Legal DescriptionLT 10 AB 488 T S MITCHELL SUR, ENCHANTED ISLES, BLK C LT 10, C/396
Census Tract950904
Assessed Land Value$336,000
Assessed Improvement Value$1,486,034
Assessment Year2025

About this property

One of the most beautiful and unique subdivisions on Cedar Creek Lake! Well-appointed home oversized wooded lot with incredible open water views and wonderful southern breezes. Great room, travertine floors, Austin stone fireplace, and two-story wall of windows. Family sized kitchen, with huge island to cook and gather around. First floor owner suite with stone fireplace, setting area and wall of windows. 2 guest suites, wood flooring and walk out balconies. Incredible bonus room has living area, gaming and built in bunks for sleeping. Gameroom or second living area. Outdoor living can be enjoyed on the covered porch, large wood deck or around the stone firepit. Double boathouse, with party deck!

Investor Tools

Property Icon
$1,822,034
Estimated Property Value
$1,207,469Estimated Mortgage Balance
$614,565Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,932 /month
Positive
Cash Flow Estimate:
$3,644 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,828/month
$1,300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$24,820
$1,822,034
2025
$336,000
$1,486,034
$1,822,034
No

Tax History

Year
Tax Paid
Assessed Value
2024
$24,820
$1,822,034

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Private Bank Na
Conventional
$1,271,250
No
First
Aug 18, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,207,469
$614,565
33%
66%
$7,622/mo

City: Mabank

688 Enchanted Isles Dr | Property Details | No Agent List