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$438,000

7102 Tejas Bnd, Mabank, TX, 75156

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$273.75 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range

Exterior

Exterior FeaturesFire Pit, Outdoor Kitchen, Outdoor Shower

Building Information

Year Built2020
Garage Spaces6

Land Information

APN2390-0003-0820-30
Lot Number82
SubdivisionCherokee Shores (4509)
Land UseResidential
Legal DescriptionLT 82 AB 132 G CHOVANNO SUR, CHEROKEE SHORES, SEC C LT 82, C/390
Census Tract950904
Assessed Land Value$45,000
Assessed Improvement Value$380,784
Assessment Year2025

About this property

Welcome to your waterfront retreat on Cedar Creek Lake! This exceptional 3-bedroom, 2-bath home is a proven income-producing property, offering an incredible opportunity as a vacation rental, investment property, or personal lake getaway. Situated on an oversized waterfront lot with private canal access leading directly to Cedar Creek Lake, this property is designed for both relaxation and entertaining. The spacious pavilion, built on a concrete slab, features a convenient kitchenette, making it the perfect gathering space for family and friends. After a day on the water, enjoy the convenience of the outdoor shower before relaxing and taking in the peaceful lake atmosphere. The property is fully enclosed with a 6-foot metal fence, providing added privacy and security while maximizing the expansive outdoor space. With its waterfront location, private canal access, oversized lot, and established income potential, this is a rare opportunity to own a versatile property that offers the best of lake living and investment potential.

Investor Tools

$295,970Estimated Mortgage Balance
$182,030Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,868 /month
Positive
Cash Flow Estimate:
$956 /month

Interested in this property?

Blanca Lurssen

Monument Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$696/month
$136/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,962
$425,784
2025
$45,000
$380,784
$425,784
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,962
$425,784

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$307,500
No
First
Jun 3, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$295,970
$182,030
38%
62%
$1,844/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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7102 Tejas Bnd | Property Details | No Agent List