16300 Co Rd Mabank, TX 75156
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.