
131 San Felipe Dr Mabank, TX 75156
Estimated payment $1,926/month
Highlights
- Gated Community
- Vaulted Ceiling
- Interior Lot
- Community Lake
- Covered patio or porch
- Woodwork
About This Home
Welcome to your dream home in the exclusive, gated community of Spanish Shores, a rare opportunity to own a luxurious lakeside retreat with panoramic views of Cedar Creek Lake. Perfectly positioned on a serene and private lot with no neighboring homes on either side, this beautifully designed residence offers the ultimate in peace, privacy, and waterfront living. Step inside to discover a light filled interior designed to frame the spectacular lake views through expansive windows. The open concept living area is anchored by a majestic stone fireplace, creating a cozy yet elegant space for year round enjoyment. A thoughtfully designed layout offers 3 spacious bedrooms and 2 full baths, along with a versatile flex room that can serve as a formal dining area, home office, den, or even a 4th bedroom to suit your lifestyle. Upstairs, a private loft suite features its own bedroom and full bath, perfect for guests or a secluded retreat. Outdoors, unwind on the expansive front porch as you take in the tranquil waterscape, or take advantage of the private community boat ramp, reserved exclusively for Spanish Shores residents. A large attached carport ensures convenient, covered parking, while recent upgrades, including a new roof in 2025, water heater, and fencing in 2019, offering peace of mind and modern comfort. Ideally located near top rated schools, restaurants, and shopping, this home offers an unbeatable blend of lakeside serenity and everyday convenience. Don't miss this rare opportunity to experience lakeside luxury at its finest. Schedule your private tour today and make this stunning waterfront escape your forever home.
Listing Agent
Coldwell Banker Anderson Realt Brokerage Phone: 903-567-6519 License #0727752 Listed on: 03/19/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,217
Year Built
- Built in 1997
Lot Details
- 0.26 Acre Lot
- Privacy Fence
- Interior Lot
- Level Lot
- Cleared Lot
- Few Trees
HOA Fees
- $54 Monthly HOA Fees
Parking
- 2 Carport Spaces
Home Design
- Slab Foundation
- Composition Roof
Interior Spaces
- 1,760 Sq Ft Home
- 1.5-Story Property
- Woodwork
- Vaulted Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Stone Fireplace
- Electric Dryer Hookup
Kitchen
- Electric Range
- Dishwasher
- Disposal
Flooring
- Parquet
- Carpet
- Concrete
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Covered patio or porch
Schools
- Mabank Elementary School
- Mabank High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- High Speed Internet
Listing and Financial Details
- Tax Lot 147
- Assessor Parcel Number 41700000147050
Community Details
Overview
- Association fees include management
- Goodwin Property Mngmt Association
- Spanish Shore Subdivision
- Community Lake
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|---|
2024 | $2,889 | $208,661 | $15,000 | $289,445 |
2023 | $2,640 | $189,692 | $15,000 | $270,915 |
2022 | $2,767 | $233,650 | $15,000 | $218,650 |
2021 | $2,792 | $156,770 | $4,500 | $152,270 |
2020 | $3,390 | $177,370 | $4,500 | $172,870 |
2019 | $2,879 | $145,870 | $4,500 | $141,370 |
2018 | $740 | $121,570 | $4,500 | $117,070 |
2017 | $2,360 | $119,280 | $4,500 | $114,780 |
2016 | $2,360 | $119,280 | $4,500 | $114,780 |
2015 | $2,340 | $119,280 | $4,500 | $114,780 |
2014 | $2,340 | $119,280 | $4,500 | $114,780 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/30/2025 06/30/25 | Price Changed | $275,000 | -6.8% | $200 / Sq Ft |
04/23/2025 04/23/25 | Price Changed | $295,000 | -7.8% | $214 / Sq Ft |
03/26/2025 03/26/25 | For Sale | $320,000 | +94.1% | $233 / Sq Ft |
08/17/2020 08/17/20 | Sold | -- | -- | -- |
07/17/2020 07/17/20 | Pending | -- | -- | -- |
07/13/2020 07/13/20 | For Sale | $164,900 | -- | $94 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Vendors Lien | -- | Texas Premier Ttl Corporate | |
Deed | -- | -- | |
Vendors Lien | -- | Colonial Title Company | |
Deed | -- | -- | |
Warranty Deed | -- | None Available | |
Deed | -- | -- | |
Deed | -- | -- | |
Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $71,500 | New Conventional | |
Previous Owner | $100,000 | New Conventional |
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Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20876216

APN: 4170-0000-1470-50
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