15821 Highway 175 Mabank, TX 75143
SINGLE_FAMILY - Mabank, TX
- Added:
- Apr 21, 2026
- Days on Market:
- 81
- Last Refresh:
- Jul 10 at 8:06 pm
Property Features for 15821 Highway 175
General Information
- Property type
- Residential
- Property subtype
- Office
- Security features
- Security
- Standard status
- Active
- APN
- 8518
- Lot size
- 1.00 Acre
Taxes and HOA fees
- Tax Description
- JNO G JACOBS, TRACT 70.00; 20.86 ACRES
- Tax Annual Amount
- 29817
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2021
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Brick
- Roof type
- Composition
Listing agent Buck Gentry License #0416423 (903) 887-7055
Listing office Coldwell Banker American Dream Gun Barrel City, TX (903) 887-7055
Listing date Apr 21, 2026
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located on Highway 175 west of Mabank, the building benefits from visibility and access along a heavily traveled corridor. The property sits close to Cedar Creek Lake and includes lots of concrete parking, with 35 parking spaces available, including two designated handicapped spaces.
With its functional layout, dedicated reception, and multiple meeting-ready rooms, this building can support a variety of professional uses, including offices that need both private workspaces and centralized client-facing areas. The current leasing profile may also appeal to investors looking for an income-producing office asset.
Key Highlights
- Professional office building built in 2021 with 4,920 SF
- Currently leased to two large businesses
- West side layout: 5 offices, 2 suites, kitchen, separate reception, work room, IT room, and storage
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $151.1k | $30.72 |
| − Vacancy | −$41.4k | −$8.42 |
| EGI | $109.7k | $22.30 |
| − OpEx | −$27.4k | −$5.58 |
| NOI | $82.3k | $16.73 |