15821 Highway 175, Mabank, TX 75143
Professional office building near Cedar Creek Lake, leased to businesses.
- Added:
- Apr 22, 2026
- Days on Market:
- 60
- Last Refresh:
- Apr 22 at 5:39 pm
Property Features for 15821 Highway 175
General Information
- Standard status
- Active
- Size
- 4,920 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2021
Listing agent Buck Gentry
Listing office Coldwell Banker American Dream
Listing date Apr 22, 2026
Source Signaturere
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker American Dream
HighLights
- Premium professional office building built in 2021
- Currently leased to two large businesses
- Located on Hwy 175, close to Cedar Creek Lake, with heavy traffic count
- Features 4920 sq ft with multiple offices, suites, meeting rooms, and reception areas
- Includes kitchen, coffee bar area, work room, IT room, and storage
- Offers 35 parking spaces, including 2 handicapped spaces
Overview
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mabank
- County
- Henderson
- State
- Texas
- Longitude
- -96.2786
- Latitude
- 32.3343