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$324,900

15575 County Road 116, Mabank, TX, 75147

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths2,508 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.55 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size14.27 acres

Building Information

Year Built1990
Stories1
Roof Type106
Garage Spaces2

Land Information

APN00.3110.0000.0001.00.95.00
Lot Number1
SubdivisionPrairieville Estates 1 & 2
Land UseResidential
Legal DescriptionPRAIRIEVILLE ESTATES 1 & 2, LOT 1; & HOUSE & M/HOME & HOUSE & M/HOME
Census Tract050703
Assessed Land Value$23,053
Assessed Improvement Value$231,229
Assessment Year2025

About this property

JUST LISTED! Make your new home on this beautiful 14-acre parcel, or build several more homes. First time for sale in over 50 years, part of a long-time family farm. The existing house does need work, but it has lots of rooms! On the property at several workshops, pens, corrals and chutes. Excellent opportunity to subdivide this parcel as well. There are two ponds, but one has dried up a little this summer. Excellent location in Mabank school system, and about a mile to the Prairievile store (in operation since 1895), and not far to the nearest fire station. More photos coming! This is being sold AS-IS. It's ready for a new family to make it their own.

Investor Tools

$0Estimated Mortgage Balance
$312,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,949 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$455/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,905
$254,282
2025
$23,053
$231,229
$478,032
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,905
$254,282

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$312,000
100%
0%
$0/mo

City: Mabank

15575 County Road 116 | Property Details | No Agent List