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$765,000

Beds
3
Baths
3.0
sq ft
1,489

106 White Oak Dr, Mabank, TX 75156

106 White Oak Dr

Mabank, TX 75156

  • 118 days on market
    • Price drop $10,000↓
If you’re seeking lake living, a vacation getaway, or an income-producing vacation rental, look no further. This remodeled home on Cedar Creek Lake is a perfect choice. The first level features a master bedroom with an adaptable open area—ideal for hosting or creating versatile indoor-outdoor entertaining space. The upper floor boasts an open living plan, two additional bedrooms, and bathrooms. Step out onto the balcony to enjoy your morning coffee while taking in the lake views. Just around the corner, an additional parcel of land with approximately 0.84 acres of lakefront property. This second lot includes four lots with ample space to build another lake house or expand your lakeside haven. Enhancing this already incredible offering is a boat dock with a lift, an upper-level deck for enjoying panoramic views, and a boat launch. Whether you're looking to create a personal retreat or a profitable vacation rental, this property provides charm and opportunity in one magnificent package.

Details

Property type

Single Family Residence

Est. home value

$544,354

Lot size

6,272.64 sq ft

Price per sq ft

$514

Year built

2009

Annual property taxes

$6,385

Price History

09/18/2024
NTREIS

NTREIS #20686720

Price change
$765,000
-1.29%
08/30/2024
NTREIS

NTREIS #20686720

Price change
$775,000
-3.13%
07/27/2024
NTREIS

NTREIS #20686720

Listed
$800,000

Schools & Community

Elementary school: 

Mabank

Middle school: 

Unknown

High school: 

Mabank

School district: 

Mabank ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$442,348
Asking price
$765,000
Closing costs (~8% of asking)
-$61,200
Est. remaining loan balance
-$261,452
Cash to seller
$442,348

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

May 2022

Original loan amount

$272,000

Est. remaining balance

$261,452

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Kyle Reese Gillin

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 6:55 PM

Listing updated: 09/18/2024 at 8:49 AM

Listed by: Danielle Crow, Exit Realty Pro Phone #: (903) 567-7777

MLS: NTREIS #20686720

NTREIS logo

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