$275,000
$45K PRICE DROP

131 San Felipe Dr Mabank, TX 75156

Estimated payment $1,926/month

Total Views 4,319
3 Beds
2 Baths
1,760 Sq Ft
$156 Price per Sq Ft

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

Norma Barrett

Coldwell Banker Anderson Realt Brokerage Phone: 903-567-6519 License #0727752 Listed on: 03/19/2025

Coldwell Banker Anderson Realt

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,217

Year Built

Built in 1997

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • OWNERNAME: of record
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached
  • Unit Levels: One and One Half
  • Year Built Details: Preowned
  • Attribution Contact: 903-567-6519
  • Co List Office Mls Id: CBAN01
  • Structure Type: House
  • Special Features: VirtualTour
  • Year Built: 1997

Interior Features

  • Square Footage: 1760.0
  • Fireplace Features: Stone, Wood Burning
  • Interior Amenities: High Speed Internet, Pantry, Vaulted Ceiling(s), Natural Woodwork
  • Flooring: Carpet, Concrete, Parquet
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Slab
  • Community Features: Boat Facilities, Gated, Lake
  • Fencing: Privacy
  • Roof: Composition
  • Pool Features: None
  • Patio And Porch Features: Covered
  • RoadFrontageType: All Weather Road

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Carport Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Concrete
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric
  • LaundryFeatures: Electric Dryer Hookup
  • Utilities: Electricity Connected, Sewer Available, Water Available
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Association Management
  • Association Fee: 650.0
  • Association Fee Frequency: Annually
  • Association Name: Goodwin Property Mngmt

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Cleared, Interior Lot, Level, Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.26
  • Parcel Number: 41700000147050
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11325.6

Building Info

  • Year Built: 1997

Tax Info

  • Tax Lot: 147
  • Tax Annual Amount: 4217.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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
Source: Public Records

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
Source: North Texas Real Estate Information Systems (NTREIS)

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 -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $71,500 New Conventional
Previous Owner $100,000 New Conventional
Source: Public Records

Similar Homes in Mabank, TX

  • 346 Preston Rd, Mabank, TX 75147

    $269,000

    • 4 Beds
    • 2 Baths
    • 1,869 Sq Ft
    • 346 Preston Rd
    • Mabank, TX

    QUALITY NEW CONSTRUCTION. 4-2-2 IS APPROX 1869 SQFT. HAS HUGE LIVING ROOM WITH VAULTED CEILINGS AND OPEN DESIGN. ISLAND KITCHEN WITH CUSTOM CABINETS, QUARTZ COUNTERTOPS, & STAINLESS APPLIANCES. LARGE WALK-IN SHOWER IN MASTER BATH. HUGE WALK-IN CLOSET WITH ACCESS TO LAUNDRY ROOM. VINYL WOOD FLOORING THROUGHOUT, FENCED BACKYARD FOR EXTRA PRIVACY. SOD INSTALLED. 1 YEAR BUILDERS WARRANTY & 10 YEAR

    Buck Gentry Coldwell Banker American Dream

    Section Image
  • 200 Private Road 6815, Mabank, TX 75147

    $269,000

    • 3 Beds
    • 2 Baths
    • 2,068 Sq Ft
    • 200 Private Road 6815
    • Mabank, TX

    BEAUTIFUL COUNTRY HOME LOCATED ON .62 ACRE. THIS LARGE 3 BEDROOM, 2 BATH HOME IS APPROX 2068 SQFT WITH 2 LARGE COVERED, SCREENED-IN PORCHES ON BOTH THE EAST AND WEST SIDES. HOME HAS LARGE LIVING OPEN TO LARGE DINING, NICE COUNTRY KITCHEN, LARGE BONUS ROOM THAT COULD BE 4TH BEDROOM, LARGE UTILITY ROOM WITH ROOM FOR FREEZERS, LOTS OF STORAGE, LARGE BEDROOMS, WALK-IN CLOSETS, STEEL ROOF. ONE LARGE

    Buck Gentry Coldwell Banker American Dream

    Section Image
  • 352 Preston Rd, Mabank, TX 75147

    $279,000

    • 4 Beds
    • 2 Baths
    • 1,869 Sq Ft
    • 352 Preston Rd
    • Mabank, TX

    QUALITY NEW CONSTRUCTION IN NEW DEVELOPMENT. BEAUTIFUL 4-2-2 IS APPROX 1869 SQFT. HAS HUGE LIVING WITH VAULTED CEILINGS AND WOOD BEAM ACCENTS THROUGHOUT. OPEN DESIGN WITH ISLAND KITCHEN, CUSTOM CABINETS, TILE BACKSPLASH & STAINLESS APPLIANCES, WOOD BARN DOOR TO MASTER BATH WITH HUGE CUSTOM WALK-IN SHOWER. HUGE MASTER CLOSET WITH DOOR TO UTILITY FOR EASY ACCESS. VINYL WOOD PLANK FLOORING

    Buck Gentry Coldwell Banker American Dream

    Section Image
  • 340 Preston Rd, Mabank, TX 75147

    $269,000

    • 4 Beds
    • 2 Baths
    • 1,876 Sq Ft
    • 340 Preston Rd
    • Mabank, TX

    QUALITY BUILT NEW CONSTRUCTION. 4-2-2 IS APPROX. 1864 SQFT. FEATURING A HUGE LIVING ROOM WITH VAULTED CEILINGS AND OPEN DESIGN. ISLAND KITCHEN WITH CUSTOM CABINETS, QUARTZ COUNTERTOPS, & STAINLESS STEEL APPLIANCES. LARGE WALK-IN SHOWER IN PRIMARY BATH. HUGE WALK-IN CLOSET WITH ACCESS TO LAUNDRY ROOM. VINYL WOOD FLOORING THROUGHOUT. 1 YEAR BUILDERS WARRANTY & 10 YEAR BONDED BUILDERS WARRANTY

    Buck Gentry Coldwell Banker American Dream Realty

    Section Image
  • 131 San Felipe Dr, Mabank, TX 75156

    $275,000

    • 3 Beds
    • 2 Baths
    • 1,376 Sq Ft
    • 131 San Felipe Dr
    • Mabank, TX

    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

    Norma Barrett Coldwell Banker Anderson Realtors

    Section Image
  • 169 Santa Monica Dr, Mabank, TX 75156

    $335,000

    • 3 Beds
    • 2 Baths
    • 2,135 Sq Ft
    • 169 Santa Monica Dr
    • Mabank, TX

    Amazing price on this one owner home on a large corner lot with gorgeous lakefront views of Cedar Creek Reservoir. Home has been well cared for and has an immaculate interior with wood and tile floors throughout. No Carpet! Roof, water heater, and both air conditioning units are less than 5 years old. Buy with confidence! We have pre inspected the home with a licenced inspector prior to

    Steven Andognini eXp Realty LLC

    Section Image
  • 127 Chapperall Dr, Mabank, TX 75156

    $229,900

    • 3 Beds
    • 2 Baths
    • 1,348 Sq Ft
    • 127 Chapperall Dr
    • Mabank, TX

    Modern Comfort Just Steps from Cedar Creek Lake Welcome to your brand-new dream home, perfectly positioned within walking distance to the serene Cedar Creek Lake. This 3-bedroom, 2-bath beauty offers a seamless blend of style and comfort with an open layout, sleek quartz countertops, and a full suite of Whirlpool stainless steel appliances—including the refrigerator. Unwind in the luxurious

    Icela Fernandez Dwell Dallas Realtors, LLC

    Section Image
  • 160 Peninsula Point Terrace, Mabank, TX 75156

    $269,500

    • 2 Beds
    • 2 Baths
    • 1 Sq Ft
    • 160 Peninsula Point Terrace
    • Mabank, TX

    What a VIEW with great water on Cedar Creek Lake! Enjoy fireworks, sunsets and more! This small boutique condominium complex offers everything for the perfect lock and leave lake living. Open floor plan living with water views from the living room, balcony and primary bedroom. This community works and plays together! The common areas are a must from weekend football games to the Oscars! Come and

    Courtney Dickens TX Lake & Land Real Group

    Section Image
  • 155 Barcelona St, Mabank, TX 75156

    $318,000

    • 3 Beds
    • 2 Baths
    • 1,440 Sq Ft
    • 155 Barcelona St
    • Mabank, TX

    Welcome to 155 Barcelona, a charming single-family home in the heart of Mabank, TX. This beautifully maintained property offers the perfect blend of comfort, functionality, and small-town charm. This home is ideal for families, weekend getaways, and full-time living, featuring spacious living areas, a well-appointed kitchen, and generously sized bedrooms. Enjoy peaceful surroundings, a friendly

    John Jernigan RealEdge Real Estate - Tyler

    Section Image

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20876216

North Texas Real Estate Information Systems (NTREIS)

APN: 4170-0000-1470-50