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    381 Paddock Dr Mabank, TX 75156

    For Sale
    $114,900

    Unimproved Land - Mabank, TX

    Type:Unimproved Land
    Lot size:
    1.00 Acre
    Days on Market:
    159
    Last Refresh:
    Dec 9 at 2:06 pm

    Property Features for 381 Paddock Dr

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    29200002014050
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    1.00 Acre

    Building Details

    Year built
    2001
    Architectural style
    Other

    RE/MAX DFW Associates (972) 426-2241 [email protected]

    Listing agent Scott Greenberg (972) 426-2241 License #0477283

    Listing date Jul 4, 2025

    MLS# 20983416 Listing URL

    Copyright © 2025 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.

    Overview

    Mabank Land with Metal Building

    This one-acre tract, originally part of a larger four-acre parcel, is available for purchase individually or as part of a larger acquisition. It features piped fencing along the road, an 80' x 30' metal building with an attached covered carport area, and a 10' x 24' shed. Essential utilities are in place, including a water meter, electricity to the property, and a septic system. Located within the Mabank Independent School District, the property is relatively flat, characterized by mature shade trees and sandy loam soil. The land is suitable for light agriculture, hobby farming, or use as a private workshop area, with potential for future residential development. The property provides a secluded, semi-rural environment near Cedar Creek Lake, with convenient access to major roads leading to Dallas, Tyler, and Canton. This tract at 381 Paddock Drive presents versatile development possibilities, ranging from a private residential compound or workshop-based business to long-term investment or small-scale rental development. The land’s size, existing infrastructure, and location offer a solid foundation for various future uses, particularly given the increasing demand in the Cedar Creek Lake area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mabank
    County
    Henderson
    State
    Texas
    Longitude
    -96.101258
    Latitude
    32.336062

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    FAQs

    What type of property is this?
    Land - One-acre tract with metal building, utilities, ideal for agriculture/residential.
    Where is this land located?
    The property is located at 381 Paddock Dr Mabank, TX.
    What is the asking price?
    The asking price for this property is $114,900.
    What are key features of this property?
    This property features: - 80' x 30' metal building with covered carport; - Utilities connected: water meter, electric, and septic system; - One acre tract with piped fence along road
    (972) 426-2241
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    381 Paddock Dr Mabank, TX 75156
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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

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    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
    381 Paddock Dr Mabank, TX 75156
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