Land with Home for Sale in Mabank, Texas
336 Paddock Dr, Mabank, TX 75156
JUST REDUCED!!! Nearly 2 unrestricted acres with primary home plus 4 cabins & a pond in Mabank, TX! Currently income producing. Each unit has a separate electric meter; water is shared via a single meter for the property. There are two 1 bed 1 bath units, two 2 bed 1 bath units, & one 3 bed 1 bath unit. The layout offers flexibility for investors or buyers seeking a multi-unit setup, extended family use, or a value-add project. 3 out of the 5 units are currently rented, offering immediate rental income. Seller financing at low bank rates, and high LTV, subject to credit, with possible mtg. pmt. moratorium to give buyer more time for full property stabilization. Located near Hwy 175 for quick commutes around the Cedar Creek Lake area & one hour from the DFW metroplex.
Location
- Street address
- 336 Paddock Dr
- County
- Henderson County
- Community
- Clyde Hammer Sub
- Elevation
- 362 feet
Directions
From Gun Barrel City take Hwy 334 eastbound, turn left on to Paddock Drive, property on right hand side around curve.
Property details
- Acreage
- 1.92 acres
- MLS #
- NTREIS 21166363
- Posted
Parcels
- 29200002004050
Legal description
AB 794 G T WALTERS SUR, CLYDE HAMMER SUBD
Resources
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Franchise
- Coldwell Banker Real Estate
Exterior
- Parking
- Driveway
Structure
- Stories
- 1
Interior
- Rooms
- Bathroom, Bedroom x 3
Nearby schools
| Name | Type |
|---|---|
| Central | Elementary |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 13, 2026 | Price drop | $119,900 | $10,000 -7.7% | NTREIS |
| Feb 14, 2026 | Price drop | $129,900 | $20,000 -13.3% | NTREIS |
| Jan 31, 2026 | New listing | $149,900 | — | NTREIS |
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