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Price Reduction - Waterfront - New Construction - Seller Financing
TBD Hwy 198, Mabank, TX
$ 3,950,000
Property Attributes
  • MLS#20053075
  • TypeLand
  • CityMabank
  • NeighborhoodKim Roulias Realty
  • Zip75147
  • StyleUnimproved Land
  • Taxes$ 126
  • Price$ 3,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size121.5 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

BE PART OF MABANK'S FUTURE -- THE NEW BARNES ROAD DEVELOPMENT. In addition to 1000+ ft highway, you can own ~2700 feet of Barnes Road frontage, over 2000 feet of Pippin Lane frontage. IN FEDERAL OPPORTUNITY ZONE on busy highway. MIXED-USE, RESIDENTIAL, or COMMERCIAL. 120 acres in Mabank, back of property adjoins Gun Barrel City limits. Waterfront referenced is two-acre pond. 14 billboards, POLE BARN, PIPE FENCING. EXCELLENT Mabank schools. One hour east of downtown Dallas, 1 hour west of Tyler, at booming Cedar Creek Lake. Roads to be built.In AGRICULTURE now. Uses include residential subdivision, multifamily, restaurants, large residential development, retail, office, strip center. Walk to Southside Elementary, close to Hwy 175. Across from Tractor Supply, 2 min to Lowes, Walmart, etc. This incredible opportunity will not last! *** Owner is licensed broker in TX. *** WILL SUBDIVIDE - Lots shown are for illustrative purposes, any combination of acreage available.

Price History
5/10/2022 Listed $4,500,000
6/12/2022 3% - $4,400,000
6/14/2022 4% - $4,250,000
7/20/2022 3% - $4,150,000
8/1/2022 5% - $3,950,000

General Features

HOA Type None


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 75147

AVG $380K
AVG $751
AVG 17

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