DEEPLY DISCOUNTED LAKE PROPERTY — Motivated Seller offering this Cedar Creek Lake opportunity for just $172,500 with a tax-assessed value exceeding $400,000. Whether you’re looking for a weekend retreat, Airbnb investment, portfolio rental, or affordable lake-area home with upside potential, this property deserves a look.
This move-in ready 4-bedroom home offers the comfort and flexibility perfect for weekend escapes or full-time small-town living. The oversized, newly updated shaded wraparound deck creates the ideal space for relaxing mornings, entertaining guests, or unwinding after a day at the lake.
Located just one hour from the Dallas–Fort Worth metroplex, the property is only four blocks from Cedar Creek Lake with boat ramp access within 15 minutes.
An adjacent lot is also included, providing additional room for expansion, extra parking, boats, RVs, or recreational toys.
Being sold as-is. Strong value, motivated seller, and priced well below tax value.
| Listing Id: | 21267638 |
|---|---|
| List Price: | $166,000 |
| Property Type: | Residential |
| Property Sub Type: | Single Family Residence |
| Status: | Closed |
| Bedrooms Total: | 4 |
| Bathrooms Full: | 1 |
| Living Area: | 1,592 |
| Unexempt Taxes: | $5,748 |
| Lot Size Square Feet: | 6,708.2400 |
| Lot Size Acres: | 0.154 |
| Architectural Style: | Traditional |
| Waterfront?: | No |
| City: | Mabank |
| County Or Parish: | Henderson |
| Subdivision Name: | Glenn Oaks Add |
| Postal Code: | 75156 |
| Year Built: | 1980 |
| Accessibility Features Yn: | No |
| Appliances: | Electric Cooktop,Electric Oven |
| Association Type: | None |
| Attached Garage?: | Yes |
| Basement Yn: | No |
| Bathrooms Total Decimal: | 1.00 |
| Bathrooms Total Integer: | 1 |
| Buyer Financing: | VA |
| Consent for Visitors to Record: | None |
| Construction Materials: | Frame, Siding, Wood |
| Cooling: | Central Air |
| Covered Spaces: | 3 |
| Directions: | Google Maps is true. From DFW take 75 Central Expressway to I45 South to Hwy 175 SE to Kaufman. Stay Hwy 175 and follow signs to either Mabank or Gun Barrel City. |
| Elementary School: | Mabank |
| Elementary School Name: | Mabank |
| Flooring: | Wood |
| Foundation Details: | Pillar/Post/Pier |
| Garage Spaces: | 3 |
| Garage?: | Yes |
| Heating: | Central |
| High School Name: | Mabank |
| Interior Features: | Eat-in Kitchen, High Speed Internet Available |
| Junior High School Name: | Mabank |
| Levels: | One and One Half |
| Listing Terms: | Conventional, FHA, FHA-203K, VA Loan |
| Room Count: | 3 |
| Lot Size: | Less Than .5 Acre (not Zero) |
| Lot Size Area: | 0.1540 |
| Lot Size Source: | Assessor |
| Lot Size Units: | Acres |
| Multi Parcel ID: | No |
| Municipal Utility District?: | No |
| Notice Surveillance Devices Pres: | Audio, Video |
| Number Of Dining Areas: | 1 |
| Number Of Living Areas: | 1 |
| Number Of Parking Spaces: | 3 |
| Other Structures: | Storage |
| Parking Features: | Garage Double Door, Garage Faces Front, Garage Single Door |
| Pool?: | No |
| Possession: | Closing/Funding |
| Postal Code Plus 4: | 9166 |
| Property Attached?: | No |
| Roof: | Composition |
| School District: | Mabank ISD |
| Smart Home Features Appor Pass Y: | 0 |
| Special Taxing Entities: | 0 |
| Structural Style: | Single Detached |
| Transaction Type: | For Sale |
| Utilities: | Septic |
| Waterbody Name: | Cedar Creek |
| Will Subdivide: | No |
Listing Courtesy of: United Real Estate Frisco
Listing Agent: Marcus Nelson
214-315-0440
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North Texas Real Estate Information Systems, Inc. data last updated on October 08, 2026 05:55 PM - CT
Property Last Updated: October 08, 2026 05:55 PM - CT
