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    16300 Co Rd Mabank, TX 75156

    For Sale
    $4,956,000

    Prime 118-acre tract near Cedar Creek Lake.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 118-acre property in Mabank, Texas, presents a remarkable investment opportunity. Located at 16300 County Road 2830, this expansive land boasts 2,300 feet of frontage on CR 2830 and an additional 150 feet on Payne Springs Place Road. The property includes a valuable 2-acre adjacent parcel, adding to its development potential. Features include open pastures, freshwater ponds, and stunning views of Cedar Creek Lake. The land is unzoned, outside city limits and ETJ, with no floodplain restrictions, offering unparalleled flexibility for development. Utilities are readily available, with water from Monarch Utilities, electricity on-site, and sewer services nearby. Conveniently located less than 8 miles from Highway 175 and Highway 198, the property is served by the Mabank School District and local county services. Priced at $4,956,000 ($42,000 per acre), this property is ideal for residential, commercial, or recreational projects, including luxury estates, private ranches, mixed-use developments, or high-end RV parks. The combination of natural beauty, strategic location, and flexible zoning makes this a truly unique investment opportunity. This 118-acre tract offers substantial returns for discerning investors.

    Property Features for 16300 Co Rd

    General Information

    Property type
    Land
    Lot Size
    5,140,080 SF

    HighLights

    • 118‑acre property in Mabank, TX, priced at $4,956,000 ($42,000/acre).
    • 2,300 ft. of frontage on CR 2830 and 150 ft. on Payne Springs Place Road.
    • Includes a 2‑acre adjacent parcel.
    • Features open pastures, freshwater ponds, and Cedar Creek Lake views.
    • Unzoned, outside city limits and ETJ, no floodplain restrictions.
    • Utilities readily available (Monarch Utilities water, electricity, sewer nearby).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mabank
    County
    Henderson
    State
    Texas
    Longitude
    -96.049941850795
    Latitude
    32.237251882746

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    FAQs

    What type of property is this?
    Land - Prime 118-acre tract near Cedar Creek Lake.
    Where is this land located?
    The property is located at 16300 Co Rd Mabank, TX.
    What is the asking price?
    The asking price for this property is $4,956,000.
    What are key features of this property?
    This property features: 118-acre property in Mabank, TX, priced at $4,956,000 ($42,000/acre).; 2,300 ft. of frontage on CR 2830 and 150 ft. on Payne Springs Place Road.; Includes a 2-acre adjacent parcel.
    (214) 728-9907
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    16300 Co Rd Mabank, TX 75156
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    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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    16300 Co Rd Mabank, TX 75156
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