NOT LISTED FOR SALE

123 Oakbend Trail Mabank, TX 75147

Estimated Value: $590,097 - $624,000

0.86 Acre
$707,586 Price per Acre
37,462 Sq Ft Lot

Last Sold November 30, 2019

Current estimated payment $4,096/month

420 Days on Market

Highlights

  • Boat Ramp
  • 0.86 Acre Lot
  • Park

About This Lot

As of November 2019

MLS #86647 GB-8001. Those who say “you can’t have everything” …. Haven’t seen Oakmont. 80 wooded lots ranging from .5 of an acre to 3+ acres. On water lots are on Cedar Creek Lake or Lacey Creek. This exclusive gated community is a sportsman’s paradise with hiking, fishing, bird watching and much more. Community amenities include the following: underground utilities including approximately 36 street lamps, paved roads, public water and sewer, boat launch, fishing dock, firepit, picnic area, and dedicated boat trailer lot. Water and sewer at street of each property.

Last Agent to Sell the Property

Todd Russell

KW-Cedar Creek Lake Properties License #0356583 Listed on: 10/04/2018

Last Buyer's Agent

Todd Russell

KW-Cedar Creek Lake Properties License #0356583 Listed on: 10/04/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,253

Lot Details

  • 0.86 Acre Lot
  • Few Trees

Schools

  • Mabank Elementary And Middle School
  • Mabank High School

Utilities

  • Underground Utilities

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 199188

Community Details

Overview

  • N.A. HOA
  • Oakmont Subdivision
  • Mandatory Home Owners Association

Recreation

  • Park
  • Boat Ramp

Property Details

Property Type

Land

Est. Annual Taxes

$10,253

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Building, Deed
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Water Body Name: Cedar Creek
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Special Features: None

Exterior Features

  • Easements: Electric, Utilities, Water Lines
  • Community Features: Boat Ramp, Park, Other

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: City Sewer, City Water, Electricity Available, Sewer Available, Underground Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: N.A.
  • HOA Management Company: N.A.

Association/Amenities

  • DevelopmentStatus: Plat Approved, Streets Installed, Utilities Installed, Zoned

Schools

  • School District: Mabank ISD
  • Elementary School: Mabank
  • High School: Mabank
  • School District: Mabank ISD
  • Elementary School: Mabank
  • Junior High School: Mabank
  • High School: Mabank

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: .5 to < 1 Acre
  • Lot Features: Few Trees, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.8600
  • Parcel Number: 199188
  • Lot Size Acres: 0.8600
  • Lot Size Sq Ft: 37461.6000
  • Zoning Description: Residential

Tax Info

  • Tax Lot: 46

MLS Schools

  • MiddleOrJuniorSchool: Mabank
  • Elementary School Name: Mabank
  • High School Name: Mabank

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2018
Closed on
Nov 25, 2019
Sold by
Howie Watt And Maggie Watt Project 2 Llc
Bought by
Norman Jeffrey W and Norman Kathy A
Seller's Agent
Todd Russell
KW-Cedar Creek Lake Properties
Buyer's Agent
Todd Russell
KW-Cedar Creek Lake Properties
List Price
$42,500
Current Estimated Value
$608,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.23%
Original Mortgage
$22,500
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Norman Jeffrey W -- Lawyers Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Norman Jeffrey W $275,000
Closed Norman Jeffrey W $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2019 11/30/19 Sold -- -- --
11/28/2019 11/28/19 Pending -- -- --
10/04/2018 10/04/18 For Sale $42,500 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,253 $563,442 $72,500 $490,942
2024 $10,253 $589,113 $60,000 $529,113
2023 $9,911 $572,489 $45,000 $527,489
2022 $11,712 $576,102 $45,000 $531,102
2021 $6,360 $282,784 $30,000 $252,784
2020 $562 $25,000 $25,000 $0
2019 $495 $19,350 $19,350 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 13949310

North Texas Real Estate Information Systems (NTREIS)

APN: 199188