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$589,000

6625 State Highway 198, Mabank, TX, 75156

On MarketInfo
Just AddedInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths17,405 Sq Ft
BusinessBusiness
price_per_sqft$33.84 / sqft
Year BuiltBuilt in 1993

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringTile, Vinyl, Wood

Exterior

Lot Size2.01 acres

Land Information

APN0241-0090-0C00-60
SubdivisionAb 0241 M Garcia Sur
Land UseCommercial
Legal DescriptionAB 241 M GARCIA SUR, TR 9C (RE: TR 9C-1)
Census Tract950903
Assessed Land Value$54,101
Assessed Improvement Value$189,677
Assessment Year2025

About this property

Discover a unique investment opportunity at 6625 S Hwy 198, 75156! Situated on approximately 2 acres, this multifaceted property features 7 residential units, a 3-bedroom, 2-bathroom home, along with 29 storage units, an RV storage garage, and an additional garage. The diverse mix of residential and storage facilities offers investors the opportunity to explore multiple income-producing uses in one location. Conveniently located a short distance from a public boat ramp on Cedar Creek Lake, the property also offers proximity to recreational lake access. Whether you're looking to expand your investment portfolio or explore the potential of a versatile property, this offering presents a variety of possibilities. Don't miss the opportunity to bring your vision and explore the potential this unique property has to offer!

Investor Tools

$0Estimated Mortgage Balance
$243,778Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,534 /month
Positive
Cash Flow Estimate:
$1,178 /month

Interested in this property?

Robert Blaase

Coldwell Banker American Dream

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$389/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,452
$243,778
2025
$54,101
$189,677
$243,778
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,452
$243,778

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$243,778
100%
0%
$0/mo

City: Mabank

6625 State Highway 198 | Property Details | No Agent List