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    116 W Chestnut St Mabank, TX 75147

    For Sale
    $79,000

    Commercial Lot, Residential,Subdevelopment,Multi-family - Mabank, TX

    Type:Single Family Residence
    Lot size:
    0.40 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 12 at 6:06 pm

    Property Features for 116 W Chestnut St

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    00.2390.0039.0039.00.95.05
    Lot size
    0.40 Acres

    Building Details

    Architectural style
    Other

    Keller Williams Realty - Cedar Creek Lake Properties (972) 772-7003

    Listing agent Valerie Bahm (903) 910-3400

    Listing date Nov 18, 2025

    MLS# 109662 Listing URL

    Copyright © 2025 Henderson County Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mabank Commercial/Residential Development Opportunity

    Located in the highly desirable downtown Mabank area, this property features four lots with proximity to the town center, situated just one block off Highway 198. The property offers 0.396 of an acre with 175 feet of road frontage. It is suitable for retail or multi-family development. There is some flood plain on the left side of the property, leaving buildable space for commercial or residential endeavors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mabank
    County
    Henderson
    State
    Texas
    Longitude
    -96.100655
    Latitude
    32.363197

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    FAQs

    What type of property is this?
    Commercial land - Four lots in desirable downtown Mabank area, suitable for development.
    Where is this commercial land located?
    The property is located at 116 W Chestnut St Mabank, TX.
    What is the asking price?
    The asking price for this property is $79,000.
    What are key features of this property?
    This property features: - Prime Location: Highly desirable downtown Mabank area.; - Development Potential: Suitable for retail or multi-family development.; - Sizeable Acreage: .58 of an acre provides ample space.
    (903) 910-3400
    Request Owner's contact information
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    Mabank, TX 75147
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116 W Chestnut St Mabank, TX 75147
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