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Versatile Income-Producing Property Near Cedar Creek

502 Peach Tree Rd Mabank, TX 75156

Claim this Listing
For Sale
$699,000

COMMERCIAL - Mabank, TX

Property size:
9,999 SF
Lot size:
9.00 Acres
Price / SF:
$69/SF
Added:
Aug 25, 2025
Days on Market:
320
Last Refresh:
Jul 10 at 7:06 pm

Property Features for 502 Peach Tree Rd

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Comm.
Standard status
Active
APN
0695.0760.0000.30
Size
9,999 SF
Lot size
9.00 Acres

Taxes and HOA fees

Tax Description
Acres: 9.139, TR 76, AB 695, H M Strode

Building Details

Year built
1966

Listing agent Robert Blaase License #0393397

Listing office Coldwell Banker American Dream Realty 600 West Main St., Gun Barrel City, TX

Listing date Aug 25, 2025

MLS# 109555

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This property, located just outside the city limits, offers a blend of country living and income potential. The 9-acre tract includes two residences, a 70-unit storage facility, multiple outbuildings, a four-space carport, a pole barn, and a small pond. The storage facility consists of six buildings with units ranging from 10x10 to 10x30, plus two larger storage buildings. The main home features hardwood floors, a fireplace, an open living and dining area, two full baths, and an oversized pantry and laundry room. The second home is a one-bedroom, one-bath residence suitable as a guest house, rental, or caretaker's residence. Situated in a country setting, the property is conveniently close to town and Cedar Creek Lake. The property is currently underutilized and offers potential for expansion and increased income.

Key Highlights

  • Income‑producing potential with a 70‑unit storage facility and a second rentable residence.
  • Large 9‑acre tract offering peaceful country living just outside the city limits.
  • Two residences: a main home with hardwood floors, fireplace, and open living area, plus a separate one‑bedroom guest house/rental.

Local Financial Insights For Self Storage

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 $81.6k $8.16
− Vacancy −$6.9k −$0.69
EGI $74.7k $7.47
− OpEx −$22.4k −$2.24
NOI $52.3k $5.23
9,999 SF · lease $8.16/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Self Storage
$746.6K
$653.3K – $871.0K (±1% cap)
NOI $52,260 @ 7.0% cap · market cap 7.48%
Second Best
Industrial
$741.7K
$649.0K – $865.3K (±1% cap)
NOI $51,917 @ 7.0% cap · market cap 7.43%
Theoretical Best
Office A
$3.52M
$3.08M – $4.10M (±1% cap)
NOI $246,215 @ 7.0% cap · market cap 35.22%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Self storage facilities

Suggested Use

Big Box & Wholesale Store Kitchen & Bath Showroom Real Estate Agency Plumbing Service Storage Facility Building Supply Hair Salon Nail Salon Bed & Breakfast Hotel & Motel

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

FAQs

What type of property is this?
Self storage facility - 9-acre property with residences and storage facility near Cedar Creek.
Where is this self storage facility located?
The property is located at 502 Peach Tree Rd Mabank, TX.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Income‑producing potential with a 70‑unit storage facility and a second rentable residence.; Large 9‑acre tract offering peaceful country living just outside the city limits.; Two residences: a main home with hardwood floors, fireplace, and open living area, plus a separate one‑bedroom guest house/rental.
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