$1,250,000
$550K PRICE DROP

8291 State Highway 198 Mabank, TX 75156

Estimated payment $7,069/month

Total Views 13,110
5 Beds
3.5 Baths
4,750 Sq Ft
$263 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • Waterfront
  • Pond
  • Gated Community
  • Community Lake
  • 2 Stock Tanks or Ponds

About This Home

REDUCED!!! Spectacular acreage property with over $2 million into property when built. Over the top barndominium on 18.7 acres near Cedar Creek Lake! Spacious 3 bedroom with ensuite baths, 2 flex rooms can be bedrooms or media rooms. Office with a view & closet, craft room with every accessory needed. The great room is the ultimate open living with a lot of one of a kind features, gourmet kitchen will make Martha Stewart cry! The covered outdoor living is private with views of the heavily treed surroundings. The attached GIANT climate controlled garage has 3 oversized doors, a half bath & additional storage. Total under roof is over 8700 ft. Do not forget the barn! Climate controlled with two separate workstations, each with their own mini-splits. Two stock ponds, chicken coop and greenhouse. The entire property is surrounded with predator fencing, with exotic wildlife. Words cannot describe the features of this amazing property.

Listing Agent

Courtney Johnson

TX Lake and Land License #0607334 Listed on: 02/19/2024

Listing Provided By

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,909

Lot Details

  • Waterfront
  • Property fronts a state road
  • Gated Home
  • High Fence
  • Perimeter Fence
  • Landscaped
  • Level Lot
  • Few Trees
  • Current uses include exotics, grazing, residential single
  • Potential uses include hunting/fishing, residential single, sheep/goats, swine

Interior Spaces

  • Living Quarters
  • Water Views

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Pond
  • Wildlife includes whitetail deer, blacktail deer
  • Shop

Location

  • Easements include access

Farming

  • Temperature Controlled Barn
  • Equipment Barn
  • 2 Stock Tanks or Ponds
  • Fenced For Exotic Bird or Game
  • Fenced For Horses

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Water to Barn

Utilities

  • 1 Water Well
  • Septic Tank

Community Details

Overview

  • Community Lake
  • Greenbelt

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,909

Lot Details

0

Listing Details

  • Bedrooms: Beds: 5
  • BathsCombined: 3
  • Office Phone: 430-218-4183
  • Listing Website: https://www.land.com/property/8291-state-highway-198-mabank-texas-75156/19533228/
  • Property Type: Residential
  • Property Sub-Type: Single-family Detached
  • Offered By: LandNetwork
  • Outside Features: Fenced for Exotic Birds/Game, Fenced for Horses
  • Potential Use: Hunting/Fishing, Residential Single, Sheep/Goats, Swine
  • Number of Stock Tanks: 2-5
  • Number of Wells: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Gated Entry: True
  • Pond: True
  • Waterfront: True
  • Road Description: Asphalt, State
  • Fencing: High Fence
  • Wildlife: Whitetail Deer, Blacktail Deer

Condo/Co-op/Association

  • Amenities: Gated Entrance, Greenbelt, Perimeter Fencing, Private Lake/Pond

Lot Info

  • Current Use: Exotics, Grazing, Residential Single
  • Barn Description: Equipment Barn, Living Quarters, Temperature Controlled, Water to Barn, Shop Building
  • Lot Description: Acreage, Adjacent to Greenbelt, Horses Permitted, Landscaped, Some Trees, Undivided, Water/Lake View, Level
  • Easements: Access

Multi Family

  • Utilities Available: Septic, Well

Map

Range of Values:

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Average Value
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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

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 $4,909 $346,978 $11,170 $335,808
2023 $4,761 $322,622 $8,642 $313,980
2022 $6,001 $316,390 $173,160 $143,230
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2025 08/16/25 Price Changed $1,200,000 -4.0% $267 / Sq Ft
07/31/2025 07/31/25 Price Changed $1,250,000 -3.8% $278 / Sq Ft
07/14/2025 07/14/25 For Sale $1,300,000 +4.0% $289 / Sq Ft
07/01/2025 07/01/25 Price Changed $1,250,000 -7.4% $263 / Sq Ft
06/20/2025 06/20/25 Price Changed $1,350,000 -10.0% $284 / Sq Ft
05/07/2025 05/07/25 Price Changed $1,500,000 -16.7% $316 / Sq Ft
02/19/2024 02/19/24 For Sale $1,800,000 -- $379 / Sq Ft