Payne Springs, TX 75156
$225,000List Price
$1,964 Est. Mo. Payment
For a given home price of $225,000, the monthly mortgage is computed using a 5% down payment ($11,250) and a 7.5% annual interest rate, spread over 360 payments.
3
2
0
1,440ft2

Lisa Rhodes

KW-Cedar Creek Lake Properties

, TX

Status

Available

Market MatchUP

How this home compares to similar 3 bedroom homes in Mabank
  • Price Comparison
    $131,447 lower
  • Home Size
    210 sq. ft. smaller
  • Built in 1973
    Older than 90% of homes in Mabank
  • Mabank Snapshot
    394 active listings
    53% have 3 bedrooms
    • Typical 3 bedroom size: 1650 sq. ft.
    • Typical 3 bedroom price: $356,446

Description

Investor Opportunity This property includes the residence and adjoining lots, offering space and flexibility for future improvements or expansion. The home is currently in the renovation phase and will be conveyed as-is, providing the next owner the ability to complete finishes according to their vision. Planned updates include the kitchen and two bathrooms, with room to create an additional living or all-season space. A workshop is already on site for storage or project use. Pricing reflects the work remaining and the value of the combined land. This property offers strong potential for those seeking a project with long-term upside.

MLS Listing ID

21100299

Listed By

Lisa Rhodes
903-292-8515
KW-Cedar Creek Lake Properties

Map

High School
Mabank
Elementary School
Southside
High School District
Mabank ISD
Association Fee
150
Tax Annual Amount
3476
Association Fee Frequency
Annually
This expanded setting will include additional fields to closer define your loan needs and payment amount.
$
$
%

Estimated Monthly Payment

$1,964

Loan Amount

$213,750

This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. Start My Mortgage Application can provide you an approval within 48hrs.

Home Facts

Bathroom

Bathrooms Full
2

Kitchen

Appliances

  • Dishwasher

Highlights

Interior Features

  • Other

Levels

  • One
Lot Size Acres
0.8
Parcel Number
248543

Pool Features

  • None
Property Type
Residential
Water Body Name
Cedar Creek

Parking Features

  • Garage Door Opener
  • Garage
  • Other
  • Additional Parking
Property Sub Type
Single Family Residence

Fireplace Features

  • Masonry
Lot Size Dimensions
200 x 100

Patio And Porch Features

  • Front Porch
  • Patio
  • Covered
Virtual Tour
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Flooring

  • Carpet
  • Combination
Year Built
1973

Architectural Style

  • Detached

Construction Materials

  • Wood Siding

Utilities

  • Water Available
  • Municipal Utilities
  • Electricity Connected
  • Sewer Available
11/11/2025
Active
(Current Listing)
$225,000
$156/sqft
11/8/2025
Price Change
$249,000 -0.4%
$173/sqft
10/31/2025
Price Change
$250,000
$174/sqft