DEEPLY DISCOUNTED LAKE PROPERTY "” Motivated Seller offering this Cedar Creek Lake opportunity for just $172,500 with a tax-assessed value exceeding $400,000. Whether you're looking for a weekend retreat, Airbnb investment, portfolio rental, or affordable lake-area home with upside potential, this property deserves a look. This move-in ready 4-bedroom home offers the comfort and flexibility perfect for weekend escapes or full-time small-town living. The oversized, newly updated shaded wraparound deck creates the ideal space for relaxing mornings, entertaining guests, or unwinding after a day at the lake. Located just one hour from the Dallas-Fort Worth metroplex, the property is only four blocks from Cedar Creek Lake with boat ramp access within 15 minutes. An adjacent lot is also included, providing additional room for expansion, extra parking, boats, RVs, or recreational toys. Being sold as-is. Strong value, motivated seller, and priced well below tax value.
Property Type(s):
Single Family
Last Updated
5/27/2026
Tract
Glenn Oaks Add
Year Built
1980
Garage Spaces
3.0
County
Henderson
SCHOOLS
School District
Mabank ISD
Elementary School
Mabank
Jr. High School
Mabank
High School
Mabank
Price History
Prior to May 15, '26
$175,000
May 15, '26 - May 27, '26
$172,500
May 27, '26 - Today
$170,000
Additional Details
AIR
Central Air
AIR CONDITIONING
Yes
APPLIANCES
Electric Cooktop, Electric Oven
CONSTRUCTION
Frame, Wood Siding
GARAGE
Yes
HEAT
Central
INTERIOR
Eat-in Kitchen, High Speed Internet
LOT
6708 sq ft
PARKING
Garage Faces Front, Attached
SEWER
Septic Tank
STORIES
1.5
STYLE
Traditional
SUBDIVISION
Glenn Oaks Add
TAXES
5748
WATER ACCESS
Cedar Creek
Location
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Listing provided by Marcus Nelson, United Real Estate Frisco
You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: 6/9/26 4:43 PM PDT
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