About this home

This longtime family property is ready for a new owner, offering an exciting opportunity to make it your own! Situated on 1.96 acres in the heart of Downtown Mabank, this versatile property offers plenty of room to grow, with exciting possibilities for future improvements, expansion, or development.Enjoy the convenience of being within walking distance of the food truck yard, farmers market, Market Street shopping, dining, and local events, all while enjoying the charm of small-town living within Mabank ISD. The spacious 4-bedroom, 2-bath home features updated interior texture and paint, beautiful hardwood flooring, generously sized living areas and bedrooms, and an accessible ramp for added convenience. The eat-in kitchen features a gas cooktop and plenty of space for everyday meals and family gatherings. Outside, the property offers exceptional storage, workspace, and covered parking. Additional features include a 12x12 workshop with electricity and a roll-up door, a metal storage building with an attached carport, multiple covered porches, three carports providing ample covered parking, outside HVAC unit replaced in 2022, and new windows installed. An added bonus is the included Lot (605), which has its own water meter, creating exciting potential for a future homesite, additional residence, or multigenerational living setup. With nearly two acres, an established home, an additional lot, multiple outbuildings, and future development potential, this is a rare opportunity to own a truly versatile property in Downtown Mabank. Well loved by the same family for many years, this home is ready for its next chapter and a new family to make memories of their own.

Facts and features

Schools

• Mabank Intermediate School

  elementary · 5-6 · 0.6 mi

  4

• Mabank High School

  high · 9-12 · 1.2 mi

  6

• Mabank Junior High School

  middle · 7-8 · 1.5 mi

  6

• Payne Springs Christian Academy

  elementary · K-10 · 2.7 mi

• Central Elementary School

  elementary · K-4 · 0.2 mi

  9

• Southside Elementary School

  elementary · K-4 · 2.2 mi

  5

Price history

• Oct 6, 2026 · Listed$265,000
• Sep 2, 2026 · Listed$265,000
• Jul 31, 2026 · Listing Removed—
• Jul 30, 2026 · Listing Removed—
• Jan 30, 2026 · Listed$380,000
• Jan 30, 2026 · Listed$380,000
• Jan 24, 2026 · Listing Removed—
• Jan 23, 2026 · Listing Removed—

Tax history

• 2025$5,228 tax · $275,001 assessed
• 2023$5,697 tax · $300,319 assessed
• 2022$4,968 tax · $244,419 assessed
• 2021$4,467 tax · $207,996 assessed
• 2020$1,947 tax · $86,576 assessed
• 2019$1,885 tax · $78,705 assessed
• 2018$1,828 tax · $71,550 assessed
• 2017$1,688 tax · $66,077 assessed

Home value

$274,000

• Collateral Analytics$274,000
• Quantarium$291,107
• Cotality$246,900

Where it is