Premium Office Building on
15821 Highway 175, Mabank, TX 75143
SINGLE_FAMILY - Mabank, TX
Type:Office
Property size:
4,920 SFLot size:
1.00 AcrePrice / SF:
$223/SF- Added:
- Apr 21, 2026
- Days on Market:
- 43
- Last Refresh:
- Jun 2 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
- Size
- 4,920 SF
- 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
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- 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
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.
HighLights
- Premium professional office building built in 2021
- Currently leased to two large businesses
- Located on Hwy 175 with heavy traffic count
- Features 4920 sq ft with multiple offices and suites
- Includes large meeting room, reception areas, and kitchen
- 35 parking spaces, including 2 handicapped spaces
Overview
This professional office building is located on Highway 175 West of Mabank, near Cedar Creek Lake. Constructed in 2021, the 4920-square-foot building is currently leased to two large businesses. The west side of the building features five offices, two suites, a kitchen, a separate reception area, a work room, an IT room, and storage. The main building includes a large, elegant reception area with divided waiting areas, a large main meeting room, his and her lavatories, a kitchen, a coffee bar area, and a copy area. The east side contains six large office suites, two of which are currently used as meeting rooms. The property includes ample concrete and 35 parking spaces, including two handicapped spaces. The heavy traffic count on Highway 175 makes this building suitable for a variety of businesses. The property is situated on a 1-acre lot.
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.
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Mabank
- County
- Henderson
- State
- Texas
- Longitude
- -96.170589
- Latitude
- 32.402687
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Professional office building in Mabank, TX, near Cedar Creek Lake.
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: Premium professional office building built in 2021; Currently leased to two large businesses; Located on Hwy 175 with heavy traffic count
