

$399,900
NAL Estimated Property ValueTBD Hwy 198, Mabank, TX, 75147
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About this property
IN QUALIFIED FEDERAL OPPORTUNITY ZONE on busy five-lane state highway. HOT NEW MIXED-USE, COMMERCIAL LISTING, ripe for development. 4 acres in City of Mabank, back of property adjoins Gun Barrel City limits. EXCELLENT Mabank schools. In same family for generations, this rare opportunity to own 4 acres of level, buildable land, 1 hour east of downtown Dallas, by booming Cedar Creek Lake. Currently leased for cattle. Many great uses, including senior living, restaurants, large residential development. Near schools, Hwy 175, more. Across street from Tractor Supply, 2 minutes to Lowes, Walmart, etc. Part of 137-acre tract.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Mabank
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