198 Railroad Drive, Mabank, TX 75156
no · Henderson County
Key Facts
Description
MAJOR REDUCTION - REDUCED $29,000.00!! Calling all investors, endless possibilities. This property offers an excellent opportunity for a site-built or manufactured home development. With separate surveys already in place, a private setting, and a solar-powered gated entrance, the land has the potential to accommodate multiple homes on smaller lots or larger quarter acre homesites. Ideally located with convenient access to Hwy 175 in Mabank, Hwy 334 to Gun Barrel City, and Eustace, this property is in Eustace ISD and sits in a highly desirable area. This is a versatile property with strong potential for investors, developers, or buyers looking for multi-home use in a growing area. The entire property is fully fenced, with additional divided fencing on approximately 3.43 acres each and a fenced front yard of each home for added privacy and function. The back property offers a 3 bedrooms, 2 bath manufactured home with open concept kitchen, dining and living room. This property also has a huge 40 x 30 garage and workshop with 3 bay doors and concrete flooring. Also has 3 solar lighted horse stalls, large heavy metal round pen for working and training horses plus an above ground pool for the kids. Tractor and all attachments available on separate addendum.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Structure Type
Manufactured House
Year Built
2020
Living Area
1,494 sq ft
Lot Size
3.43 acres
Garage Spaces
3
Days on Market
65
MLS® Listing#
21257772
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Pool
Parking
Laundry
Fencing
Lot Features
Utilities
Sewer
Rooms
- Living Room12 x 20First
- Master Bedroom12 x 12First
Schools
- Elementary:
- Eustace
- Middle:
- Eustace
- High:
- Eustace
- District:
- Eustace ISD
Financial Details
Parcel Number
0000-000-0000-00
Directions
Going toward Eustace from Mabank Hwy 175 turn R onto CR 2938 on the top of the hill just outside of town before the CJ's gas station or Gun Barrel the last left before CJ's gas station and the ramp to Hwy 175 Eustace. Sign on property and gate!
Affordability Calculator
$64,000
Estimated monthly payment
$1,703/mo
Principal $256,000 · Est. interest $357,143 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Mabank, TX
- $381,579
- Median Listing Price
- 80
- Median Days on Market
- 1,887
- Median Sq Ft
- $202
- Median Price / Sq Ft
- 279
- Active Listings
- This home’s price is 16% below the area median.
- Its price per sq ft is 6% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Mabank, TX.
Location
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Points of Interest in Mabank, TX
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 7148 Valleyview Drive, Mabank, TX | $224,000 | 3 | 2 | 1,250 |
| 1025 Springview Lane, Mabank, TX | $225,000 | 3 | 2 | 1,449 |
| 305 Breaux Lane, Mabank, TX | $225,000 | 3 | 2 | 1,219 |
| 174 Lynn Creek Circle, Mabank, TX | $225,000 | 2 | 1 | 850 |
| 522 E Kempner Street, Mabank, TX | $225,000 | 4 | 2 | 1,804 |
| 1032 Springview Lane, Mabank, TX | $225,000 | 3 | 2 | 1,449 |
Moving Cost Estimate
EXIT Agents in Mabank
Listing Courtesy: TX Lake & Land Real Estate - 903-802-7080
Presented by: Diana Robertson
Last Updated: 2026-05-01
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