Modern Professional Office
15821 Highway 175 Mabank, TX 75143
15821 Highway 175, Mabank, TX, 75143
$1,100,000
For Sale
$1,100,000
SINGLE_FAMILY - Mabank, TX
Property Size4,920 SF
Lot Size1.00 Acre
Price / SF$223.58
Days on Market89
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 Agency
Coldwell Banker American Dream
(903) 887-7055
Gun Barrel City, TX
Listed by
Buck Gentry · License #0416423
(903) 887-7055
Added: Apr 21 Checked: Jul 18 at 6:06 am
MLS# 20960226
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.
This premium professional office building was quality built in 2021 and is currently leased to two large businesses. The property features 4,920 square feet of office area with a strong mix of private offices, suites, and shared support space. On the west side, there are five offices, two suites, a kitchen, a separate reception area, a work room, an IT room, and storage. The main building includes an elegant reception with divided waiting areas, a huge main meeting room, large men’s and women’s lavatories, a kitchen, a coffee bar area, and a copy area. The east side offers six large office suites, with two suites currently used as meeting rooms.
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.
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 |
4,920 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.18M
$1.03M – $1.37M
NOI $82,297 @ 7.0% cap · market cap 7.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.73M
$1.51M – $2.02M
NOI $121,150 @ 7.0% cap · market cap 11.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Quality-built office space with ample parking and multiple suites along a heavily traveled highway corridor.
Where is this office building located?
The property is located at 15821 Highway 175 Mabank, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 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
