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$599,000

505 Vz County Road 2701, Mabank, TX, 75147

$630,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,191 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$273.39 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Dryer, Electric Range, Microwave, Washer
FlooringConcrete, Vinyl

Exterior

Lot Size18.51 acres

Building Information

Year Built2007
Garage Spaces2

Land Information

APN072.0802.0220.0000.0000
Land UseResidential
Legal DescriptionACRES: 18.515 ABST: 802 SUR: S C SHUMATE
Census Tract951002
Assessed Land Value$24,540
Assessed Improvement Value$333,270
Assessment Year2026

About this property

Seller is offering $5,000 credit to help with buyer closing costs with acceptable offer by October 30. Unrestricted Country Paradise: Ag-Exempt Land: Over 18 sprawling, improved acres to keep your property taxes incredibly low. Secure Access: Private, remote-controlled electric gate entry off a quiet county road. Farm Infrastructure: Functional cattle pens and a multi-use loafing shed for immediate livestock shelter. Workshop & RV Hookups: Detached workshop or garage with plumbing for a half bath (toilet and sink), perfect for small farm equipment, plus ready-to-use RV hookups. Homestead Features: Raised garden beds and an expansive covered back porch designed for peaceful country viewing. Spacious rooms and a thoughtfully designed, open floor plan that is anything but builder basic. Living & Dining: An expansive living room perfect for family gatherings, featuring a seamless flow into a formal dining room. Country Kitchen: Features a large eat-in island bar ideal for quick meals and casual entertaining. Primary Retreat: A true master suite boasting split double vanities, a separate soaking tub, a walk-in shower, and a massive walk-in closet. Guest Bedrooms: Generously sized secondary bedrooms with ample storage. Functional Mudroom: Convenient dedicated laundry room located right off the garage entry. Whether you are looking to start a hobby farm, host livestock, or escape the city, this Mabank acreage offers the ultimate Texas country lifestyle. Schedule your tour today!

Investor Tools

$0Estimated Mortgage Balance
$692,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$630,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,152 /month
Positive
Cash Flow Estimate:
$1,384 /month

Interested in this property?

Susan Waterman

McAtee Realty Of Gun Barrel TX

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$595/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,686
$357,810
2026
$24,540
$333,270
$617,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,686
$357,810

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$692,000
100%
0%
$0/mo

City: Mabank

505 Vz County Road 2701 | Property Details | No Agent List